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A micropreneur is basically an micro-entrepreneur. In the following phrase, is micropreneur or micropreneurial correct?

A micropreneur software company

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Micropreneur is a noun. Micropreneurial is the adjective form - but if i were you, I'd reconsider using that to describe a software company. I've seen it used along with nouns such as - a micropreneurial venture, a micropreneurial experience etc., A micropreneur is described as a person who starts a small business, so if you are trying to use this adjective to simply describe a small software business, it may work better if you just said "micropreneurial venture" or a micropreneurial software business?

Could you give out the whole sentence/context where you plan to use this phrase? Thanks. A nice question.

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You should probably use micropreneurial, since in that context most would use entrepreneurial. It's more grammatically correct to use an adjective anyways; so micropreneurial fits the bill.

Or, you could say:

A micropreneur's software company.

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