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Want to Be a Minipreneur?

minipreneur

Entrepreneurial projects can consume your life. No wonder so many people with limited time and funds defer their dreams of starting a business. But with the help of online technologies, millions of people are keeping their day jobs while trying entrepreneurship as minipreneurs.

Statistics vary on the number of minipreneurs, but trendwatching.com cites figures suggesting that as many as 5 million minipreneurs may be operating in the US.

Minipreneurs include shareware creators, T-shirt designers, comic-book publishers, jewelry makers and political bloggers. To minimize risk, they typically keep their regular jobs -- at least at first.

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Several factors have converged to cause a boom in minipreneurial ventures. The most prominent include the Internet-enabled global marketplace, making niche markets profitable, and a highly developed "network of intermediaries, tools, resources and processes."

Included in this "ecosystem," are open-source software; free or inexpensive Web hosting systems; Google Talk, Skype and other free telephony systems; inexpensive Internet advertising and bartered ads; PayPal and other online payment systems; and product-selling services, such as Lulu.com for on-demand publishing and CafePress.com for peddling mugs, T-shirts and other items.


"So many consumers are now online...that it is becoming even easier to make serious money as an individual, targeting the many, not-so-small-anymore niche markets that are emerging," Evers says.


A chief attraction? There's virtually no risk. "The investment is low -- setting up an e-commerce site or opening up an eBay account is cheap and easy," Evers explains. "A wait-and-see attitude is one very pleasant luxury that minipreneurs enjoy."

Evers advises wannabe minipreneurs to "determine if you want to do this to make a bit of extra pocket money or whether you want to make this your living. The latter is much less relaxed and much more work. So figure out your priorities first."

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