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Are You Ready to Start and Run Your Own Business? A Quintessential Careers Entrepreneurship Assessment


 

by Randall S. Hansen, Ph.D.

 

Making the leap from employee to entrepreneur -- from worker to owner -- is both daunting and exhilarating. If you have a passion for providing a good or service and a desire for the freedom and lifestyle choice of running your own business, then it's at least time to consider making the move.

 

While entrepreneurs come in all shapes and sizes, this assessment focuses more on the solopreneur -- the person considering leaving a steady job to work for him/herself as an independent contractor, freelancer, consultant, portfolio careerist, or Patchworker.

 

Are you ready to start and run your own small business? Take our assessment and reflect on the results!

 

Just complete this form. Click on Submit button when ready to send.

 

You will receive the answers and a scoring guide via e-mail.

 

IMPORTANT: To ensure that you receive a response to this quiz, please be sure to (a) enter your full e-mail address in the space provided and (b) please enter your email address twice to ensure that we get your correct e-mail address. We cannot provide you with feedback if your e-mail address is incorrect or not supplied. Read our Privacy Policy if you have any concerns about providing your email address to us. If you don't want to take this quiz interactively, print out this page and mark your answers. Then go to our Entrepreneurship Assessment Scoring Guide to see your results.

 

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Directions: Please answer yes or no to the following questions as truthfully (to yourself) as possible.

 

Note: Get more information (definitions and links) on key college, career, and job-search terms mentioned in this quiz by going to our Job-Seeker's Glossary of Job-Hunting Terms. And find more additional entrepreneurial resources here: Entrepreneur & Business Start-Up Tools and Resources.

 

  1. I have a clear vision for my business and the products/services I will provide -- and am confident I can carve a niche for my business.
    Yes
    No

     

  2. I have the mental tenacity to manage all aspects of running a business -- from establishing ownership type to handling record-keeping to making client pitches.
    Yes
    No

     

  3. I long to control my own fate rather than relying on some larger corporate entity.
    Yes
    No

     

  4. I am comfortable with losing typical employer-provided benefits such as health care, life insurance, and pension contributions.
    Yes
    No

     

  5. I am tired of giving my life to some organizational entity that overworks me, under-appreciates me, and could downsize me at any moment.
    Yes
    No

     

  6. I have strong time management, project management, and organizational skills.
    Yes
    No

     

  7. I have always been good at managing money and realize it will be even more important to be careful with finances with my own business.
    Yes
    No

     

  8. I am most definitely a high-energy self-starter.
    Yes
    No

     

  9. I have analyzed my risk tolerance and am mentally and financially prepared to leave a steady paycheck behind for the unknowns of getting paid for my goods or services.
    Yes
    No

     

  10. I have space in my home (or elsewhere) that I can use exclusively to run my business.
    Yes
    No

     

  11. I feel I have strong -- or at least better than average -- communications skills.
    Yes
    No

     

  12. I can do the marketing, branding, and selling needed to make my business known and in demand (or learn how).
    Yes
    No

     

  13. I have hopes and dreams for what my business can become, but I am realistic about the prospects for success in both the short- and long-term.
    Yes
    No

     

  14. I have a good network of contacts -- or feel I can build that network quickly -- that serves as both a support group and business lead generator.
    Yes
    No

     

  15. I love challenges and see myself as both an innovator and problem-solver.
    Yes
    No

     

  16. I am ready to own my time, control my fate, have my work mean something.
    Yes
    No

     

  17. I am ready to start and run my own business without any assurances that it will succeed.
    Yes
    No

     

  18. I know how to present a professional image to clients and customers.
    Yes
    No

     

  19. I have analyzed my strengths and weaknesses and am confident that I have the skills and passion to start and run a business -- and the determination to overcome any weaknesses.
    Yes
    No

     

  20. I have analyzed the opportunities and threats in the external environment for my business and am sure that the opportunities outweigh any threats.
    Yes
    No

     

  21. I have developed a clear strategy and business plan for my business.
    Yes
    No

     

  22. I am prepared for a much more solitary work environment, both away from interactions with colleagues and co-workers as well as the support of team members.
    Yes
    No

     

  23. I want more time for myself -- whether for vacations, hobbies, family -- but understand that while working for myself enables me to plan my own time, the business can also become ingrained and all-consuming.
    Yes
    No

     

  24. I have a competitive spirit that will push me to achieve my goals -- even during slow or down times. I know I control my fate -- and that it is up to me to succeed.
    Yes
    No

     

  25. I am ready to make my business my life -- and vice versa.
    Yes
    No

     

 

      

 


Don't forget to check out our entire collection of Tests and Quizzes for Job-Seekers.

 


 

Questions about some of the terminology used in this quiz? Get more information (definitions and links) on key college, career, and job-search terms by going to our Job-Seeker's Glossary of Job-Hunting Terms.

 

QuintCareers.com Founder Dr. Randall Hansen Dr. Randall S. Hansen is founder of Quintessential Careers, one of the oldest and most comprehensive career development sites on the Web, as well CEO of EmpoweringSites.com. He is also founder of MyCollegeSuccessStory.com and EnhanceMyVocabulary.com. He is publisher of Quintessential Careers Press, including the Quintessential Careers electronic newsletter, QuintZine. Dr. Hansen is also a published author, with several books, chapters in books, and hundreds of articles. He's often quoted in the media and conducts empowering workshops around the country. Finally, Dr. Hansen is also an educator, having taught at the college level for more than 15 years. Visit his personal Website or reach him by email at randall(at)quintcareers.com. Check out Dr. Hansen on GooglePlus.

 


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