Setup

Simply copy DropMyRights.exe to a folder. ( C:\DMR )

Then for each application you want to run in lower privilege, follow the steps in the next 4 sections.

Create a Shortcut

Create a shortcut and enter DropMyRights.exe as the target executable, followed by the path to the application you want to execute in lower privilege.

For example:

C:\DMR\DropMyRights.exe "C:\Program Files\Internet Explorer\iexplore.exe"
(There is a space between dropmyrights.exe and "C:\Program Files\Internet Explorer\iexplore.exe")

Figure 1 shows what this will look like on your screen.

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Figure 1. Path to application that you want to run in lower privilege

Updating the Shortcut Name

Next, update the name of the shortcut to represent the executable target, and not dropmyrights.
I usually put the word "(Secure)" after the application name to denote this application will run in a more "secure" context. 
"(Non-admin)" is another common addition, as shown in Figure 2.

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Figure 2. Updating the shortcut name

Right click on the newly created Icon and select properties

DMR02b
Figure 3. Selecting the new Icon

Setting the Icon and Run Mode

Finally, once the shortcut is created, set the Run option for the shortcut to Minimized and if you want, select a new icon.

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Figure 4. Setting the Run option to Minimized and optionally changing the icon

Thanks to the great creative work of sZc, there are Icons available
for various Browsers and Applications. 

You'll find them and the maim program in the 

DropMyRights folder at MySharedFiles.