Friday, March 5, 2010

Do you have what it takes to be an entrepreneur?

A quick quiz in the Harvard Business Review is designed to tell you whether you have what it takes to be an entrepreneur.  The test, called the Isenberg Entrepreneur Test, was developed by a business professor and is based on years of study of successful entrepreneurs. Here goes (and answer honestly):


1.       I don’t like being told what to do by people who are less capable than I am.

2.       I like challenging myself.

3.       I like to win.

4.       I like being my own boss.

5.       I always look for new and better ways to do things.

6.       I like to question conventional wisdom.

7.       I like to get people together in order to get things done.

8.       People get excited by my ideas.

9.       I am rarely satisfied or complacent.

10.   I can’t sit still.

11.   I can usually work my way out of a difficult situation.

12.   I would rather fail at my own thing than succeed at someone else’s.

13.   Whenever there is a problem, I am ready to jump right in.

14.   I think old dogs can learn — even invent — new tricks.

15.   Members of my family run their own businesses.

16.   I have friends who run their own businesses.

17.   I worked after school and during vacations when I was growing up.

18.   I get an adrenaline rush from selling things.

19.   I am exhilarated by achieving results.

20.   I could have written a better test than this  (and here is what I would change …).


(Note: If you noticed “I want to be rich” and “I like to take risks” aren’t on the test, give yourself extra credit. The professor’s study shows that a desire for wealth and risky behavior aren’t core traits of successful entrepreneurs.)


If you answered “yes” to at least 17 of the questions, you should be running your own show.


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