kinnon —  September 16, 2005 — Leave a comment has coined another trend-term – "Minipreneurs":

a vast army of consumers turning entrepreneurs; including small and micro businesses, freelancers, side-businesses, weekend entrepreneurs, web-driven entrepreneurs, part-timers, free agents, cottage businesses, seniorpreneurs, co-creators, mompreneurs, pro-ams, solopreneurs, eBay traders, advertising-sponsored bloggers and so on.

And their stats are very interesting:

  • According to a July 2005 survey conducted by eBay, more than 724,000 Americans report that eBay is their primary or secondary source of income. In addition to these professional eBay sellers, another 1.5 million individuals say they supplement their income by selling on eBay.
Over 50,000 people in the UK draw a significant portion of their income from selling goods online. A study by the Centre for Economics and Business Research (CEBR) shows that the average household boosts its earnings by GBP 3,000 through online trading.
And Mastercard and Warillow International published a research study on a new class of small business: the ‘Web-Driven Entrepreneur’, estimating that there are 5 million of these businesses in the United States, representing 25% of all small businesses.

As we were preparing to leave Winnipeg in the spring, we had a number of "garage sales". What I found interesting was the number of people trolling the sales looking for things to sell on-line. This wasn’t a friendly Saturday morning endeavor. Rather, they were up early to purchase the inventory for their web stores – looking to connect that inventory to a global audience.

With eBay’s purchase of Skype, their stores will now have phone numbers, as well.

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A television editor, writer & director since 1978. A Christian since 1982. More than a little frustrated with the Church in the West since late in the last millennium.

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