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The Entrepreneur Test | Am I Entrepreneur? Entrepreneurship Quiz

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The Entrepreneur Test: what business should I start quiz

Here's a Quiz to Help You Assess Your Entrepreneurship Skills

The Entrepreneur Test

(Manager & Entrepreneur Test)

The first question you should answer when you are thinking of starting a business is "Am I the type?" You will be the most important employee in your business. It is more important that you rate yourself objectively as the business manager than how you rate any prospective employee.

Appraise your strengths and your weaknesses. As a prospective operator of your own business, acknowledge that you are weak in certain areas and cover the deficiencies by either retraining yourself or hiring someone with the necessary skill. The questions in this test indicate to what extent you have the personal traits important to a business manager.


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Instructions: Read each question in this entrepreneur quiz and click on one of the suggested answers. Respond by marking the answer that most accurately describes your behavior, feeling or attitude as it actually is, not as you would like it to be, or think it should. You must be absolutely honest with yourself in order to get a valid score.


    1. Are You a Self-Starter?
  • If someone gets me started, I keep going all right.
  • I do things my own way. Nobody needs to tell me to get going.
  • Easy does it. I don't put myself out until I have to.
  •  
    2. How Do You Feel About Other People?
  • Most people bug me.
  • I like people. I can get along with just about anybody.
  • I have enough friends and I don't need anybody else.
  •  
    3. Can You Lead Others?
  • I can get people to do things if I drive them.
  • I can get most people to go along with me without much difficulty.
  • I usually let someone else get things moving.
  •  
    4. Can You Take Responsibility?
  • I take over if I have to, but I'd rather let someone else be responsible.
  • There's always some eager beaver around waiting to show off. I say, let him.
  • I like to take charge of and see things through.
  •  
    5. How Good An Organizer Are You?
  • I like to have a plan before I start. I'm usually the one who lines things up.
  • I do all right unless things get too complicated. Then I may cop out.
  • I just take things as they come.
  •  
    6. How Good a Worker Are You?
  • I can't see that hard work gets you anywhere.
  • I'll work hard for a time, but when I've had enough, that's it.
  • I can keep going as long as necessary. I don't mind working hard.
  •  
    7. Can You Make Decisions?
  • I can if I have plenty of time. If I have to make up my mind fast, I usually regret it.
  • I can make up my mind in a hurry if necessary, and my decision is usually O.K.
  • I don't like to be the one who decides things. I'd probably blow it.
  •  
    8. Can People Trust What You Say?
  • I try to be on the level, but sometimes I just say what's easiest.
  • They sure can. I don't say things I don't mean.
  • What's the sweat if the other fellow doesn't know the difference?
  •  
    9. Can You Stick With It?
  • If I make up my mind to do something, I don't let anything stop me.
  • If a job doesn't go right, I turn off. Why beat your brains out?
  • I usually finish what I start.
  •  
    10. Can You Keep Records?
  • Records are not important. I know what's need to be known without keeping records.
  • I can, but it's more important to get the work out than to shuffle numbers.
  • Since they are needed I'll keep records even though I don't want to.
  •  

That's it ...

 

Grading

Score 100

Excellent. A perfect score. You are a born entrepreneur. If you are not presently running your own business you should definitely start one -- the sooner the better. You are on the way to fame and fortune.

Score 91 - 99

Very good. You definitely have what it takes to succeed in a business of your own. Don't hesitate, your way to business success is wide open.

Score 72 - 90

Good. You have the qualities of a successful entrepreneur with some weak spots. Read the interpretation below to identify your deficiencies. You should be able to cover these deficiencies by either retraining yourself or hiring someone with the necessary skills.

Score 40 - 71

So so. The prospects of your success in a business of your own are questionable. You have some deficiencies that might out-shadow some good traits you have. If you still want to go on with it, be sure to call up all the persistence you can get. You are going to face some tough adversities on the way.

Score 40 and below.

Unsatisfactory. Forget your dreams of being your own boss, it's not for you. You'd better keep your present job. Why bother with all the risks and hustles of starting a business.


 

Entrepreneur Quiz Interpretation

What Traits and Characteristics Make a Successful entrepreneur

Numerous studies have been made of entrepreneurs and business managers over the years. Many look at traits and characteristics that appear common to most people who start their own businesses. Other studies focus on characteristics that seem to appear frequently in successful owner-managers.

First, consider those characteristics that seem to distinguish the entrepreneur person who opens a business from the person who works for someone else. These studies investigated successful and unsuccessful owners, some of whom went bankrupt several times. Some were successful only after the second or third try. The characteristics they share might almost be said to predispose a person into trying to start a business. Of course, not all of these characteristics appear in every small business owner-manager, but the following seem to be most predominate.

People who start their own business may be members of different political parties, feel differently about religion, economics and other issues. They are like everyone else. The difference is they usually feel and express themselves more strongly. This is consistent. If you are going to risk your money and time in your own business you must have a strong feeling that you will be successful.

These strong feelings may also cause problems. If you want to start your own business you probably have mixed feelings about authority. You know the manager must have authority to get things done, but you're not comfortable working under someone. This may also have been your attitude in a scholastic, family or other authority structure.

If you want to open your own business you are likely to have a strong "Need for Achievement". This "Need for Achievement" is a psychologist's term for motivation and is usually measured by tests. It can be an important factor in success. The person who wouldn't think of starting a business, might call you a plunger, a gambler, a high risk taker. Yet you probably don't feel that about yourself.

Studies have shown that very often the small business owner doesn't differ from anyone else in risk avoidance or aversion when measured on tests. At first thought this seems unreasonable since logic tells us that it is risky to open your own business. A management expert once explained this apparent contradiction very simply. "When a person starts and manages his own business he doesn't see risks; he sees only factors that he can control to his advantage." If you possess these traits to some degree or other it doesn't mean you will be successful, only that you will very likely start your own business. Some of these characteristics in excess may actually hamper you if you are not careful. By the way, if you are planning to start a business and need money, one option is to seek free grants money by applying for government grants and loans form the US federal government.

 

Characteristics of Successful Small Business Entrepreneurs

The characteristics that appear most frequently among "successful" small business managers include drive, thinking ability, competence in human relations, communications skills and technical knowledge.

Drive, as defined in the study, is composed of responsibility, vigor, initiative, persistence and health.

Thinking ability consists of original, creative, critical, and analytical thinking.

Competency in human relations means emotional stability, sociability, good personal relations, consideration, cheerfulness, cooperation. and tactfulness.

Communications skills include verbal comprehension, and oral and written communications.

Technical knowledge is the manager's comprehension of the physical process of producing goods or services, and the ability to use the information purposefully.

Motivation or drive has long been considered as having an important effect on performance. Psychologists now claim you can increase the motivation and the personal capacities that will improve your effectiveness and increase your chances for success. Much of the development of such achievement motivation depends on setting the right kind of goals for yourself.

What Business Should I Start

Here's a collection of free books in the "how to start a business" series that may give you some ideas as to what business to start:

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Agriculture Assisted living Auto repair Bakery Bar Beauty salon Bed and breakfast Bookkeeping Boutique Bowling alley Carpet cleaning Car wash Catering Cattle farming Charity Cleaning Coffee shop Computer repair Construction Consulting Convenience-store Cupcake Daycare Dental Dog daycare Ecommerce Electrical Embroidery Engineering Farm Fashion Film Financial advisor Fitness center Flower-shop Food Food truck Franchise Frozen yogurt Furniture store Gas station Goat farming Grocery store Gym Hairdressing Hair salon Ice cream Insurance agency Interior design Internet Internet cafe IT Jewelry Landscaping Laundromat Laundry Law firm Magazine Manufacturing Microbrewery Motel-hotel Music Nightclub Nonprofit Nursery Online-retail Photography Pizza Plumbing Poultry farming Preschool Printing Private investigator Pub Real-estate Resort Restaurant Retail School Security company Service Software Spa Sports-bar Startup Supermarket Travel agency Trucking Vegetable-farming Website


 

Guides to Improve Your Entrepreneurship Skills


Leadership Strategies: Be a Leader that People Follow Goal Setting: Powerful Goal Setting Techniques Time Management: Get More Done In Less Time Planning Techniques: Improve Your Planning Skills Self Management: Be in Control of Your Work and Your Life Delegation: Effective Delegation Techniques Decision-Making: How to Make the Right Decisions Self Development: How to Constantly Improve Your Abilities The Entrepreneur Quiz: Are You Fit to Be a Manager? Being Profit Oriented Conducting Successful Meetings Non-Verbal Communication Handling Stress Problem Solving Writing Effectively Reading Efficiently Listening Efficiently Effective Presentation The Decision Making Process Communication Barriers Communicating Within The Organization Communicating Effectively
Finding a New Job:
Self Appraisal Preparing a Resume Job Interview


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