Discovering Your Entrepreneurial Talent

1: Do you want others to be the master of your own financial destiny?

Yes
No

2: Are you willing to invest and possibly lose a large portion of your savings?

Yes
No

3: Are you prepared, if needed, to lower your standard of living until your business becomes profitable?

Yes
No

4: Have you ever been involved in a business before? As a kid, did you sell lemonade, take up a paper route, or figure out other ways to make money?

Yes
No

5: Have you ever worked in a business similar to the one you want to start?

Yes
No

6: Do you have friends, close relatives or family members who can help you get started, preferably those who have already owned and operated a successful small business?

Yes
No

7: Does your family and spouse support your decision to be an entrepreneur? Are they prepared to endure the stress you will undoubtedly take home with you as you deal with the ups and downs of your business?

Yes
No

8: Are you worried that you might not have the physical stamina and emotional strength to handle stressful workloads, long hours and erratic schedules?

Yes
No

9: Do you have the ability to conceptualize the whole of a business - not just its individual parts, but how those parts relate to each other? Do others consider you a "Jack of all Trades?"

Yes
No

10: If you discover you don't have the basic skills needed to start and operate your business, are you willing to delay your plans until you've acquired them?

Yes
No

11: Are you a good organizer?

Yes
No

12: Do you look forward to a good challenge?

Yes
No

13: Do you fear competition?

Yes
No

14: Can you get along with all kinds of people from bankers to employees? Can you get along with people you don't like?

Yes
No

15: Are you a good judge of character? Will you be able to hire the right kind of people if and when you need help?

Yes
No

16: Can you manage and supervise employees in such a way that you draw the best out of them? Can you get results when you need them the most?

Yes
No

17: Are you the type of person who can start something on your own and follow it through without help, encouragement, or constant approval and praise from others? Can you give yourself your own pats on the back?

Yes
No

18: Can you take on several projects at one time and not get upset by it? Does pressure feed you rather than get to you?

Yes
No

19: Are you imaginative, inventive and resourceful? Can you adjust easily to new situations? Can you usually find answers where others can't?

Yes
No

20: Do you constantly re-evaluate and adjust your goals? Do you seek objective criticism to improve your end results?

Yes
No

21: Do you find it hard to recognize, admit to, and learn from your mistakes?

Yes
No

22: Do you find it hard to make decisions on your own? Do you often turn to others for help?

Yes
No

23: Do you have the ability to observe what is happening around you and as a result, know what people want? Do you have a sixth sense to interpret trends?

Yes
No

24: Are you a good salesperson? Can you sell your ideas to others?

Yes
No

25: Are you afraid to try new things or go against the grain and be different from other people without worrying too much about what they think?

Yes
No

26: Are you always looking for better ways of doing things e.g., while doing this questionnaire were you thinking of ways of making it better?

Yes
No

27: Are you a person who gives up easily?

Yes
No

28: Do you like to make things happen instead of waiting for things to happen?

Yes
No

29: Do you have purpose, focus and direction in your life (besides making tons of money)?

Yes
No