SELF ASSESSMENT

It is important before starting your own business to look at your personality andskills in relation to your business idea. The following worksheets will assist youin your consideration of entrepreneurship and self employment by asking you to

highlight your strengths and point out areas you may need improvement.An entrepreneur can be defined as a “motivated, creative, confident individualwho achieves personal goals by applying innovative solutions to various needs,wants, problems, and challenges”.

Activity #1

Do you share some of the similar characteristics of an Entrepreneur?

Not all entrepreneurs possess all of these traits and not all traits are rated thesame. Once you finish the questions look at the answer code to see whatcharacterizes a typical entrepreneur.

Rarely
or No / Mostly
or Yes
1 / Are you the kind of individual that once you decide to do something, you’ll do it and nothing can stop you?
2 / Do you seek the advice of people who are older and more experienced than you are?
3 / Are you a good loser?
4 / Do you have a savings account and other personal investments?
5 / Do you like the feeling of being in charge of other people?
6 / Did your parents or grandparents ever own their own business?
7 / When you think of your future, do you ever envision yourself running your own business?
8 / Did you ever have your own paper route?
9 / Do you take risks for the thrill of it?
10 / Do you find it easy to get others to do something for you?
11 / Do you get sick often?
12 / Do you enjoy doing something just to prove you can?
13 / Have you ever been fired from a job?
14 / Do you prefer letting a friend decide on your social activities?
16 / Do you like to take care of details?
17 / Will you deliberately seek a direct confrontation to get needed results?
18 / Were you expected to odd jobs around the home before 10 years of age?
19 / Do you prefer to be a loner when making a final decision?
20 / Do your conversations discuss people more than events or ideas?
21 / Do you sleep as little as possible?
ANSWERS
1. / Mostly or Yes / 11. / Rarely or No
2. / Mostly or Yes / 12. / Mostly or Yes
3. / Rarely or No / 13. / Mostly or Yes
4. / Mostly or Yes / 14. / Rarely or No
5. / Rarely or No / 15. / Rarely or No
6. / Mostly or Yes / 16. / Rarely or No
7. / Mostly or Yes / 17. / Mostly or Yes
8. / Mostly or Yes / 18. / Mostly or Yes
9. / Mostly or Yes / 19. / Mostly or Yes
10. / Mostly or Yes / 20. / Rarely or No
21. / Mostly or Yes

Which ones did you have the same? Which ones were not the same? Why doyou think these traits make successful entrepreneurs and what does knowingthat you don’t possess them mean to you and your business?