The Entrepreneurship Self Test is designed to help you measure and understand your entrepreneurial potential. It’s always helpful to know how well suited you are for a particular endeavor before you start. This is especially true of starting a business because you’ll be investing a great deal of time, and at least some money, in your business.
This test measures the following areas:
- Motivation
- Business Skills
- Networking Skills
- Level of Support
Get out a blank sheet of paper and number it from 1 to 32. Then evaluate yourself on each statement on the test and enter your answer to each statement next to the corresponding number.
It’s important to be honest with yourself. Don’t be discouraged if you don’t score well. Keep in mind that the entrepreneurship test is designed to help you identify areas of weakness so you can work to improve in those areas. This will increase your likelihood of success.
Instructions for calculating your score are at the end of the test. Let’s get started!
Motivation
Evaluate your overall motivation to start and operate your own business. Rate yourself on a scale of 1 to 10 - 1 indicating little or no agreement with the statement and 10 indicating strong agreement with the statement.
1. I continually see business ideas or opportunities that have potential commercial value.
2. I like growing or building businesses or taking ideas and making something of them.
3. I am creative and I regularly come up with new ideas on how to do things better or more efficiently.
4. I am innovative and able to develop solutions to challenges and problems.
5. I am resourceful and able to find solutions to challenges and problems.
6. I am able to provide vision, hope and energy to those I work and partner with.
7. I am a hard worker who is willing to do whatever it takes to succeed.
8. I am flexible and able to adapt to changes and surprises quickly and successfully.
9. I am willing to take risks and can successfully manage the risks associated with creating and growing a business.
10. I love to learn and seek out new information that can help me with my business.
11. I am motivated by success and driven to do well.
12. I am committed to working with others who can help me make my dream a reality.
Business Skills
Evaluate your capacity related to the following business skills. Rate yourself on a scale of 1 to 10 - 1 being no ability and 10 being high ability.
13. Ability to assess market opportunities.
14. Ability to develop products or services.
15. Ability to provide products or services.
16. Marketing and communications skills.
17. Fiscal management.
18. Ability to acquire financial capital.
19. Personnel or team development and management.
20. Ability to create, develop, and sustain partnerships.
21. Quality control.
Networking Skills
Evaluate your ability to network and partner with other organizations and individuals. Score on a scale of 1 to 10 - 1 indicating little or no agreement with the statement and 10 indicating strong agreement with the statement.
22. I am comfortable seeking out and asking for information and help from others.
23. I regularly network with others to gain information and help for my business.
24. I have an extensive resource network that I am constantly nurturing and growing.
25. I am comfortable with partnerships.
26. I have two or more partnerships associated with my business.
27. I know how to deal with the challenges of partnering with others.
Level of Outside Support
Evaluate the level of support you feel from your family and community as you pursue business opportunities. Score on a scale of 1 to 10 - 1 indicating little or no agreement with the statements and 10 indicating strong agreement withthe statement.
28. I am challenged and happy in my work building a business.
29. I believe there is good balance between my work and my personal life.
30. My family and friends are supportive of my work and encouraging to me.
31. My community is supportive of me and my business undertakings.
32. My community is actively helping me build my business.
Calculating Your Score
Total raw score - questions 1 and 2: _____ x 1.0 = _____ (weighted score)
Total raw score - questions 3 thru 32: _____ x .25 = _____ (weighted score)
Add the two weighted scores above to get your Total Score - the maximum score you can get is 95. Then determine your entrepreneurship potential from the following table.
0 to 25 Score - Low Potential
26 to 50 Score - Some Potential
51 to 75 Score - Moderate Potential
76 to 95 Score - High Potential
What Now?
If you didn’t score well, don’t be discouraged. Remember, this is a self evaluation, not an entrance exam. If your entrepreneurship potential is low, you can and should work to improve it. Look over the statements and your answers again and identify those areas you need to work on. Then take steps to strengthen those areas.
As you work on improving in areas of weakness, don’t neglect the areas you did well in. You should still work on your strengths in order to keep them strong.
Entrepreneurship test questions and scoring model complements of the
Rural Policy Research Institute Center for Rural Entrepreneurship.
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