Have you ever thought
about starting your own business?
Being your own boss?
Sounds great - but you're
not sure you have what it takes?
Try the E - as in Entrepreneur - TEST!!
(Courtesy of Profit Magazine
- The magazine for Canadian entrepreneurs)
1. How do you react when you encounter a disappointment? (Be honest now)
a) give up and try something else
b) try to get what you want another way
c) ask someone you know for advice on how to get what you want.
2. How do you respond to criticism?
a) give as good as you get
b) ignore it!
c) assess it, and if it's valid, try to learn from it
3. When you start something do you finish it?
a) whenever you can
b) almost always
c) always
4. Whenever faced with a problem, what are you most likely to do?
a) ignore it
b) work through it on your own
c) get help from an expert
5. What would be your ideal work situation?
a) to work for someone else
b) to work with a team
c) to work on your own
6. What would motivate you to start your own business?
a) to have control over your time
b) to make money
c)to have an outlet for your creative energies
7. How would your parents react if you told them you wanted to start your own business?
a) "Are you nuts? Why can't you get a steady job like everyone else?"
b) "If that's what you want to do, we won't stop you."
c) "Great! Do you need any help from us?"
8. Who do you know who's self-employed?
a) no-one
b) close family friends
c) your parents
9. You're thinking of starting a business. What do you do first?
a) apply for financing
b) discuss your idea with family, friends and potential clients
c) explore the market for your product or service
10. Compared to strategy and execution, about how important to a business's success is the founder's original concept?
a) 100%
b) 0%
c) 25%
Score 3 points for every a) you selected
Score 2 points for every b) you selected
Score 1 point for every c) you selected
As in golf, the lower you score the better!
If you score between 10 — 16
You're entrepreneur material for sure! You have a good understanding of what it takes to
be an entrepreneur - and the qualities needed to succeed
If you scored between 17 - 22
Entrepreneurship is a definite possibility. Talk to business people in your community
about the pros and cons of being your own boss.
If you scored between 18 — 30
Don't rule entrepreneurship out. Learn all you can about the risks and rewards.
Entrepreneurs aren't born - they're made!