Becoming a Micro Business Owner

A Micro Business can be described as a business that has only one owner, with a total of up to five employees including the owner. But for now, let’s just make things simple and not worry about the others. All you need to focus is what you actually want to do and know what you’re good at. The rest will be in place as you grow your passion. It’s all about trying and not judgmentally in doubt of yourself at this stage.

Whether you’re looking to open a Pet Grooming Hotel or just start an online Make-up Service, you can run from home first at HanQover, we’ve got Practical Tips and Ideas to help you get started as a Micro Business Owner.

Understanding the Concept of Micro Business

The basic concept of a Micro Business lies in your strength as an individual. The best part is, you can do things on your terms, according to your skills and your passions. 

More and more people of every age, particularly women and minorities, are starting their own Micro Businesses because of the upward mobility and flexibility it provide. As such, Micro Businesses are becoming very popular and too important to ignore. This type of business works by receiving a small fee for a small task which can run across many possible types of Micro Jobs. These can be divided into two main categories; (i)Online Task (Done entirely online and requires no real-world interaction) and/or (ii)Real-World Task (Task is not completed online, but in person).

But how do you venture in Micro Business to make money?

The Micro Business coincides directly with Micro Job which is a temporary, task-type job of all types, often booked through the [Internet] either on a Website or an App just like HanQover.com. Work may include online or in-person jobs, such as Writing Blogs, Virtual Assistant, Handyman, Nanny, Website Design, Pet boarding, Running Errands and etc. Your income will vary depending on the job difficulties and the fee charged by the web that provide the Platform.

Generally, these jobs pay a small sum, but they should require very little time to complete. Jobs may pay anywhere from $1 to $100, and the idea is that the labour required should be in proportion with the fee being offered. Our advise for the newbies, set fair prices and deliver quality work and the community will thank you with positive feedback which in turn attracts more new sales for you. That being said, in order to make money fast, you need to know how to plan your service efficiently, work fast and take on as many tasks as you can.

Since these are done on a contract (and not employee) basis, there is no guarantee that these Micro Jobs can pay you a minimum wage but statistics have shown, it can pay you quite handsomely even better than a permanent job with the least of them had their rentals or fuel expenditures covered just by performing Micro Jobs. Likewise action speaks louder than words and we hope you explore your options at HanQover by joining as a Tasker because it’s totally free to join.

So Are You Ready to Start a Micro Business?

Being your own boss is wonderfully exciting but let’s begin by assessing yourself with the following questions below and answer them honestly in as much detail as possible. This will help you in determining what suits you best.

SELF ASSESSMENT: (Pssst!…There isn’t any right or wrong answer!)

  1. Why do I want to start a Micro Business? OR Why am I in Micro Business?
  2. Specifically, what kind of Micro Business do I want to start (or am I in)?
  3. Why do I believe I can make this type of Micro Business work?
  4. Why do I believe this type of Micro Business is sustainable?
  5. What education, skill or experience do I have in this industry?
  6. What is my true purpose and/or the goal I hope to accomplish with this Micro Business?
  7. What is the financial goal I am seeking to achieve in 1week/1month/6months/1year?
  8. What kind of financing/capital do I need to make this Micro Business work
  9. What are my Strengths?
  10. What are my Weaknesses?
  11. What is my physical, mental and emotional health and stamina?
  12. What knowledge and skills do I have to start and control the day-to-day operations of a Micro Business?
  13. Do I know and understand the technology necessary to be competitive in this Micro Business?
  14. Do I have good judgment in people and ideas?
  15. What sacrifices and risks am I willing to take to be successful?
  16. What will it take for me to balance personal life and business demands?

Done With Your Assessment?

Use the details you have gathered and take a few minutes to summarize up. We believe, you will know what you’re good at by then and you’ll easily be able to come up with 3-5 LISTINGS to post at HanQover!

Good Luck!

If you are ready. We welcome you On-board HanQover

We’ll see you on the other side, Woohoo!