Desire and interest aren’t all it takes to be successful. You must also assess your personality traits, abilities and knowledge without bias. That you must be positive goes without saying. In addition, you must possess a number of other human relations skills as being cooperative, tactful, emotionally stable and considerate. Your ability to communicate well will be evidenced by your ability to sell effectively, negotiate good deals with suppliers, motivate employees to work efficiently and persuade bankers and investors to finance your business. Creative analytical thinking combined with a thorough technical knowledge of your business is essential in making your enterprise grow. And finally, the drive to put your dreams into action and the energy to persist is essential for your business success. If you aren’t cut out to be an entrepreneur, it is better to find out now rather than later and lose your money.
Being an entrepreneur places great demand on you personally. Having a good idea for a product or service is one thing; making it into a viable business is quite another. Do you have the necessary qualities?
DIRECTIONS: Ask yourself the following questions. Answer them honestly, grading yourself from 0 points (a definite “no”) to 10 points (a very strong “yes”).
