Is Micropreneurship Right For Me?

By
Services for Real Estate Pros with CloseMyDeal, LLC Virtual TC Services

"Don't believe what your eyes are telling you. All they show is limitation. Look with your understanding. Find out what you already know, and you will see the way to fly." -- Richard Bach, Jonathan Livingston Seagull 

Who is a Micropreneur?

According to experts, a micropreneur is an entrepreneur who starts a small business operation. They usually begin as a solo act. They are willing to accept the risk of creating and managing the kind of business that remains small, lets them do the type of work they "love" to do, and offers them a balanced lifestyle.

The rise of Corporatism has, on balance, done as much harm as it has sound. A slow-dawning realization began sometime in the financial disaster in late 2007, and millions lost jobs without any warning signs. The frustration with Corporatism prompted a worldwide "Occupy" movement. 

It also started something else that was entirely unexpected. All over the world, people began increasingly to say "No." "No" to the rat race. "No" to punching a clock for someone else. "No" to the entire rigged game.

In the U.S., these people fall into three major groups. 

Retiring boomers are bucking against the idea of sitting on the front porch and growing old as the world passes by. 

Millennials recognize that the game is rigged and refuse to play it.

Legal immigrants are coming to America to make a new life for their families, willing to do whatever it takes to make that happen. 

These three groups capture the vast majority of the Micropreneur population.

The question was as R. Buckminster Fuller posed it: "What was I thinking about before somebody came along and told me I had to earn a living?" 

Each time that question gets answered somewhere around the world, a new Micropreneur is born.

Today, Micropreneurship is not just for geeks, artists, and under-employed workers, but for professionals such as realtors, marketers, consultants, and the like who choose greater flexibility and better quality of life with their families. It allows individuals to create a fulfilling career and the opportunity to be your own boss and visionary behind your business.

The Challenge

It's an exhilarating way to live. It is possibly the ultimate expression of individual freedom, allowing you to go anywhere. Live and work anywhere. Do anything you like, provided of course, that you can find a way to get paid for it.

Before someone came along and told you that you had to earn a living, what were you thinking? What did you truly love doing? What were your greatest passions? If you want to be a Micropreneur, finding your answer to this question is your starting point.   

This forces you to assess not only what you love to do but what your practical, marketable skills are. And make no mistake, we've all got them. Find your Passion!

Reality Check 

When was the last time something gave you "goosebumps" and that "exhilarating" feeling of accomplishment beyond your expectation? Something that made others feel good and how that made you feel proud. What were you thinking about it last night that made you jump out of bed early this morning to do it? Listen to that "quiet" voice in your head.

You'd be surprised what a bit of creative thinking and a whole lot of elbow grease can accomplish!

Regret vs. Failure:  Which One To Fear?

Failing at something is scary, no doubt. You may be wondering and asking yourself, "what if I don't make enough money?" Make a plan to save for those rainy days. You may want to keep your day job while you're nurturing your microbusiness. You may have to take another part-time job until you can jump in with both feet. 

Listen to your gut. Persevere. Remember how far you have come. Don't give up. Failure is a lesson learned. Get back up and keep going. 

You don't need to see or know the entire path. Just take the next step. Then the next. One at a time.

What Does "Success" Look Like?

You've asked yourself frequently: "But – if I do this…do I need a business plan or any other trappings of traditional entrepreneurship? How will I know if I'm successful?"

How success is defined is different for everyone. If you do something that you love, and someone pays you money for it, you then take that money and use it to pay a bill, put gas in your car, buy your kids' new shoes, and live the life other people can't. And grow your tiny business to whatever level you desire that continues to bring you freedom and happiness. 

When a handicapped gull asks Jonathan Livingston Seagull if he can fly:

"Come along then," said Jonathan. "Climb with me away from the ground, and we'll begin." 

"You don't' understand my wing. I can't move my wing."

"Maynard Gull, you have the freedom to be yourself, your true self, here and now, and nothing can stand in your way. It is the Law of the Great Gull, the Law that is."

"Are you saying I can fly?"

"I say you are free." --Richard Bach, Jonathan Livingston Seagull

Comments (40)

Brian L. Sirota, Esq.
Bristar Realty (Realtor/Attorney) - Orange, CA
For Solutions: (714) 501-7660

Aura Alex 

A great read for anyone interested in the Gig economy as well as solo and boutique practitioners!  

Feb 08, 2022 01:29 PM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Thank you, Brian L. Sirota, Esq. , for your continued support for reading and commenting on many of my posts. 

Feb 08, 2022 01:58 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

"Micropreneurship". . .Now that's a new word for me to ponder.    You present important thoughts to consider, Aura.  I personally think there are far fewer mistakes and failures in life. There are far more lessons.

Feb 09, 2022 12:53 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Aura, on having this blog FEATURED in the Old Farts Club group!  

Feb 09, 2022 12:54 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Hi, Myrl Jeffcoat; I love your words. I am sure you have had your share of ups and downs in your microbusiness. I hope your grandkids and those around you can learn from your priceless experience. Thank you so much for the Feature! 

Feb 09, 2022 08:45 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Aura and interesting post to share with us here in the Rain.  Always interesting to see what people blog about!

 

Feb 09, 2022 10:27 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Hello, Will Hamm, thank you for stopping by and commenting. Enjoy the day, and the rest of this week.

Feb 09, 2022 11:20 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Aura - I don't like the "R" word so I am continuing my practice.  I don't fear failure but I do want to make sure I do not regret doing what I dreamed.

Feb 09, 2022 11:45 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Grant Schneider, I'm with you on the dislike of the "R" word. I cannot envision what would happen if I were to "R" soon. Since I jumped in with both feet into my first free enterprise in 1993, I regretted very few things, and I never looked back. I enjoyed your thoughts, and please keep them coming! Thank you.

Feb 09, 2022 05:56 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Aura, for sharing your experience and your advice.

Feb 10, 2022 04:46 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Aura Alex - I never heard this term before. I got into real estate because I love it. 

Feb 12, 2022 07:52 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

That's the beauty of being a micropreneur, and you got into real estate because you love it. For me, it's not a job, and it's a (micro) business. I wore many different hats growing this small business and love doing it most days! Passion fuels the "fire in the belly," and that's what keeps me going. Thank you for being here, Sheri Sperry - MCNE® 

Feb 12, 2022 08:27 AM
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Aura I've always had that microrpreneur spirit - which is a new term to me. Started when I bought my first investment property in college (a wild experience that turned out well). And it continues today.  I honestly can't imagine working in a corporate environment.  Really interesting article!

Feb 12, 2022 09:32 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Are real estate agents and LOs entrepreneurs? (housingwire.com)

Anna Banana Kruchten CRS, Phoenix Broker,  here's the link explaining why realtors are considered "micropreneurs" or "entrepreneurs." In my view, agents are entrepreneurs that operate a "micro" business. So, a Micropreneur term fits.

Feb 12, 2022 11:22 AM
Anna Banana Kruchten CRS, Phoenix Broker

Agreed we all are for sure!

Feb 12, 2022 11:49 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Aura Alex  so glad you love what you do, as do I Glad Carol Williams featured you interesting post 

Feb 12, 2022 12:32 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good afternoon Aura Alex ,

I'm so glad that Carol Williams featured this in her Second Chance Saturday Series. What a well researched post full of excellent information. One most always remember failure is a lesson learned and always preserver! 

Feb 12, 2022 01:54 PM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Hello, Hannah Williams; I am glad you are here. And thank you for your comment. Enjoy the rest of this weekend!

Feb 12, 2022 07:26 PM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

Dorie Dillard Austin TX, yes, indeed. Failure is a lesson learned. I love researching because I am curious by nature, and I love to write about what I have discovered or share the experience. The best part is having reader like you commenting on my post. Thank you, Dorie, for your meaningful comment.

Feb 12, 2022 07:32 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Aura another wonderful post I missed so glad Carol Williams  featured it and bought it to my attention, Endre

Feb 13, 2022 10:09 PM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

You have spoiled me, Endre Barath, Jr., a post without your comment is like "a warm piece of bread without butter." 😍 Thank you for being here and ALWAYS making me smile! 

Feb 13, 2022 10:46 PM