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True or False: Micropreneurs are entrepreneurs who start small and plan to stay small

1 Answer

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Final answer:

True, micropreneurs are entrepreneurs who start small businesses with the intention of keeping them small, focusing on niche markets and valuing lifestyle over financial growth.

Step-by-step explanation:

The statement that micropreneurs are entrepreneurs who start small and plan to stay small is True. Micropreneurs are indeed entrepreneurs, but they are characterized by their intention to keep their business operations small in scale. Typically, a micropreneur will operate a business with a very small team, possibly even working alone, and they tend to focus on a niche market or offer highly specialized services or products. They often value lifestyle or personal freedom over the pursuit of significant financial growth that larger businesses may aim for.

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