After completing the Entrepreneur Test, you probably have a better
idea of how you compare with other entrepreneurs. However, this is not the
complete picture. Your skills, education, and experience also provide you with
tools that will help you should you decide to start your own business.
The first step in your assessment is to make an honest appraisal
of your personal skills and education. You should list everything, especially
if you are unsure what type of business in which you want to become involved.
Don't list any faults or doubts here. This is a place to remember all of the
things that you know how to do well (no skimping on personal praise).
After you have identified your personal skills and education,
focus on your business knowledge. If you know what you are interested in, list
what you know about the field or industry. If you are well versed, simply
outline the general areas. If you are not sure, you should list everything.
Concentrate on specific business information rather than general life
experience. All experience will be useful, but we can only use the business
experience when we are making a decision about what skills you may need to
develop in order to run your business.
The next step is to evaluate your decision making abilities. When
you own your business, you are in charge, and many decisions will have to be
made based on what you think. Not all of these decisions will have to be made
immediately, but some of them will have to. If your normal response is to give
problem solving to someone else, then you will probably have difficulty with
running a business. Reflect on your life experiences. Write down two situations
where you solved a problem and the decision you made worked well. Then write
down two situations where the decisions you made did not work so well. Be sure
to write down what you learned from these situations.
Last, but certainly not least, identify your entrepreneurial
skills. As we mentioned earlier, a lot of Successful entrepreneurs have a lot
of initiative and also take risks, and they have learned from making their own
mistakes. Taking a clear look at your source of motivation and your belief in
yourself will help you to be prepared for the challenges that come with owning
your own business. Probably the three most important factors on the road to
Success are: the ability to be flexible, the willingness to change
with the market as technology advances, and the ability to trust yourself. If
you have all of these, you are more than halfway there.
Once you have completed your assessment, you may want to review
all three areas to determine where you are at this point in time. By evaluating
and understanding the whys and how’s of what you have or have not accomplished
up to this point in your life, you can better use this knowledge to your
advantage, now and in the future.
The following questions will help you do this. Remember, the more
honest you can be in answering the questions, the more useful the information
will be to you.
What do you feel are your main
strengths?
What do you feel are your more serious
weaknesses?
How do you think someone else might
answer the above two questions about you?
What talents do you possess and in
what situations have you been able to use them?
How would you personally define the
idea of having a job or being employed?
Now, things are already starting to
make sense or you are beginning to have doubts.
Either way, listen to your feelings
and trust yourself. In the end, these are only tools for
you to use in your evaluation process,
nothing more and nothing less.
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