Categories: leadership

What is a Micropreneur?

Who Is a Micropreneur?

Micropreneur is a person who starts a small business, Micropreneur is the owner of the business who works with less than five employees or may not have employees at all. S/he is responsible for all tasks and business activities, such as marketing, payroll, meetings, budgeting, etc. If you are one such person, you are a Micropreneur.

Being a Micropreneur is enjoying the profession you like. The small business operation and its full attorney power allow the passionate Micropreneur to enjoy the work they love. If you are also a Micropreneur working towards an end, the success of the business relies on you entirely. Recruitment of new employees and delegation of tasks does not suit you because you can do them all yourself.

Can micropreneurs expand their Business and Become Large or Medium Business Owners?

Operation of the small business interests the Micropreneur. So, they do not have business expansion plans in the near future. Micropreneurs works from their home instead of paying the rent and expenses of handling a formal office space. Besides, micropreneurs do not invest a good amount of money into their business venture. They are named Micropreneurs because they make money from small businesses and invest back into the business to earn more savings.

What is the Field of the Micropreneur?

There are many ways you can become a Micropreneur. If you rent out your apartment or rooms at the Airbnb, you would be termed as a Micropreneur. If you sell your expertise and skills on the Freelancer, you would also be rightly called the Micropreneur. Working as a tutor, life coach, photographer, and blogger allows you to become a Micropreneur too.

Business Ideas for the Micropreneur:

There are many small ideas that a Micropreneur use to make money. Here are some of the low-cost startup ideas:

1. Instagram Influencer

Becoming an Instagram Influencer is the best low-cost business idea. To charge for the posts, you require 5,000 followers. If you exert strenuous efforts and use your knowledge, you can achieve the milestone and become a successful Micropreneur.

2. Uber – Share a Ride Service

The share services of Uber are the most convenient to make money while you go to your office or another destination. You reach the destination as well as make a good amount of money by giving a ride to an Uber passenger. You would invest fuel, time, and a car to get to your office. So, why not use it to make extra dollars?

3. Dropshipping at AliExpress

You can create accounts on AliExpress Shopify for creating your shop online in a matter of a few hours. You create an inventory of your product by offering the products to the consumers. For just $5, you build the digital shop. Then, you are all set up ready to serve the customers.

One of the greatest things about this idea is that it works worldwide.

4. Sell e-Books Online

This is ideal for intelligent folks who love to read and write. As a writer and passionate reader, you can write about the emerging trends or things that people are searching for on Google and Amazon. This will get sold and invite customers in large numbers.

5. Freelancer.Com – Best Platform

Freelancer is the platform for micropreneurs where they can start their small business. Micropreneurs sell their skills online to make money. Micropreneurs can make money by writing, designing graphic pictures, writing spreadsheets, photoshopping images, etc. Thus, micropreneurs make money online.

Conclusion

Micropreneur is a person who makes good money out of a small business idea. There are many small ideas that a Micropreneur uses to make money.

Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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