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  1. Ask someone who has known you since you were a child how many of the entrepreneurial mindset characteristics they think you possess? Give yourself 1 point for each of the characteristics they feel you possess.

Total Score for characteristics:

Answer key

Answer key for entrepreneur assessment survey

Directions: Please circle your personal response to each question. Please be sure to go with the answer that is your first choice if and when you are in doubt of how to respond.

  1. Do you have an issue that is a major driving force behind your professional goals in life?

    Yes Undecided No

    Score: Ten points for Yes, 0 points for Undecided and No.

    Reason: One of the first steps toward creating a new company is to have a major reason or issue for your new venture's mission or goal.

  2. Would you describe yourself as the type of person who gives up easily when faced with adversity?

    Yes Undecided No

    Score: Ten points for No and 0 points for Yes and Undecided.

    Reason: You have to be able to continue through all the setbacks to be successful and ultimately enjoy being a social entrepreneur.

  3. Do people who have known you since childhood describe you as the type of person who gives up easily when faced with adversity?

    Yes Undecided No

    Score: Ten points for No and 0 points for Undecided and Yes.

    Reason: It typically takes a track record in life of dealing successfully with adversity to build up the confidence and credibility that comes with a No answer for this question.

  4. Have you been successful in the past convincing others to help you to accomplish your goals?

    Yes Undecided No

    Score: Ten points for Yes and 0 points for Undecided and No.

    Reason: New ventures do not have the funding to afford the staff to get work accomplished. Resourcefulness is the key to succeeding and one must possess the ability to attract and retain volunteers and non-paid experienced help at first to get the tasks completed.

  5. Do you have a desire to make the world a better place that is a stronger goal for you then your desire to earn money?

    Yes Undecided No

    Score: Ten points for Yes and 0 points for Undecided and No.

    Reason: Entrepreneurs are driven by their need to create societal wealth vs self-wealth. This desire takes precedent and priority over other goals. This does not mean that someday you might not derive a financial bonanza for the work you have been doing associated with the start up. It just means that is not what drives you today.

  6. Have you considered becoming an entrepreneur?

    Yes Undecided No

    Score: Ten points for Yes and 0 points for Undecided and No.

    Reason: Even if it was a subconscious or passing thought, usually you have to have some propensity or interest toward becoming an entrepreneur for it to be your destiny.

  7. Have you spent a substantial amount of time in your life considering what type of legacy you would like to leave?

    Yes Undecided No

    Score: Ten points for Yes and 0 points for Undecided and No.

    Reason: Perhaps your legacy is something to be considered in later years. With that said it is never too soon to begin considering what type of footprint you may want to leave. If you have considered trying to leave a legacy of making the world a better place then you may a hero’s journey as your entrepreneurial path for future.

  8. When trying to raise support for an idea, do you ever start by identifying people to form alliances with whom maybe sympathetic to your goal?

    Yes Undecided No

    Score: Ten points for Yes and 0 points for Undecided and No.

    Reason: One of the best ways to increase your chances of being a successful entrepreneur is to enhance your credibility by forging strategic alliances and partnerships with others.

  9. If you were busy with a deadline for work and or school would you miss completing this deadline on time because you gave your own new venture/start/new product idea a higher priority?

    Yes Undecided No

    Score: Ten points for No and 0 points for Yes or undecided.

    Reason: This may appear to be a trick question. A values-centered leader would not sacrifice one important commitment for another even if it was to help a social enterprise. Part of starting a new company is demonstrating ethical and honest business leadership.

  10. Will you use your score on this test to ultimately help determine if you should become an entrepreneur

    Yes Undecided No

    Score: Ten points for No and 0 points for Yes and Undecided.

    Reason: The truth of the matter is that if you are really meant to be an entrepreneur you do not need a test and or survey to tell you this. In fact; a true entrepreneur does not depend on others to make their decisions. Only you know your destiny; do not let anyone tell you what you can and can’t accomplish in life because statistically speaking they would not really know.

  11. How many of the entrepreneurial mindset characteristics do you possess?Give yourself 1 point for each of the characteristics you possess.

    Total Score for characteristics: The goal is to score a ten for this question. Many entrepreneurs embody these entrepreneurial mindset characteristics.

  12. How many of the entrepreneurial mindset characteristics do you possess? Give yourself 1 point for each of the characteristics you possess.

Total Score for characteristics: The goal is once again to score a ten for this question as explained above. If it turns out that you have a very different score for your self-assessment of this question in comparison to what someone who has known you all your life then you need to come to an understanding why others perceive you differently then you perceive your own interests. Perhaps you are repressing or camouflaging your true interests or maybe you have changed. The reason for the difference isn’t as important as making sure you are aware of your own interests.

Score :

  • A score of 120-110 may mean that you know that you want to become an entrepreneur and you should begin working out a strategic plan to make your goals a reality and to begin your own hero’s journey.
  • A score of 109-90 may mean that you most likely want to become an entrepreneur and you should begin thinking of this possibility to give yourself a further self-assessment of your interests.
  • A score of 89 or lower may mean that you probably are not going to be an entrepreneur but as mentioned before; do not let this assessment be the final or even partial determination; the choice is clearly your own to make.

Blog Back 11: Start-up Story

Blog back : Post a story or interview with an entrepreneur who possesses some of the entrepreneurial mindset characteristics you hope to develop in yourself at: (External Link) . Whether you possess confidence in your own entrepreneurial mindset or hope to enhance or inspire further development there are resources and things you can do today to build your entrepreneurial mindset!

Questions & Answers

What are the factors that affect demand for a commodity
Florence Reply
differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
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Source:  OpenStax, Business fundamentals. OpenStax CNX. Oct 08, 2010 Download for free at http://cnx.org/content/col11227/1.4
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