Decide if entrepreneurship is for you
An entrepreneur is someone who starts a new business. Starting a business involves a number of risks. It is not a comfortable path for everyone. Here is a quiz to help you decide if entrepreneurship is for you.
Rate yourself honestly on each of the following questions using this criteria:
- If this is something you are missing or not good at, give yourself a -1
- If you are okay in this are, give yourself a 0
- If this is one of your strengths, give yourself a +1
| Are you a self starter? | |
| How well do you get along with different people? | |
| How well do you make decisions? | |
| Do you have the physical and emotional stamina to run a business? | |
| How well do you plan and organize? | |
| Is your drive strong enough to keep you motivated when the going gets rough? | |
| Is your family supportive of you doing this? | |
| Do you have the financial resources to keep you going for at least a year if you don’t have income from the business right away? | |
| Total |
Add up your scores.
- A score above 0 means you have the potential to be an entrepreneur.
- A negative score means that entrepreneurship might not be the right career for you.
- A score of 8 is the highest score. You have a strong potential to succeed as an entrepreneur.
Ready to give entrepreneurship a try? Learn more at Starting a Business.
Tips:
- Research shows that most new businesses fail because of poor organization. Make certain that your business has someone with these skills if it is one of your weaknesses.
- It is important for the people who rely on you for support to be aware of the financial and time limitations a new business may impose.
- Look at what you do for fun and see if there is a way to start a new business in that field.
