You've always wanted to be an entrepreneur, but wonder if you have what it takes to succeed. Find out if you have the mindset of an entrepreneur with this assessment from the Small Business Administration. Not only will this help you gauge your readiness, but it will also help you identify if you have the personality, characteristics and skills to go out alone.
Questions to ask yourself:
Have you ever worked in a business similar to the one you are considering starting?
Would people who know you say that you are well suited to be self-employed?
Your family and friends support you into your business idea?
Have you ever taken a course or seminar on starting and running a small business?
Have you discussed your business idea, your business plan or business idea with a business coach or advisor, such as an educational advisor, SCORE advisor, Small Business Development Center advisor, or other economic advisor?
Do you have a parent, friend or mentor who is an entrepreneur?
Trait Similarities of Successful Entrepreneurs
How many traits do you possess?
Persistence
Desire for immediate feedback
Curiosity
Strong drive to achieve
High energy level
Goal-oriented behavior
Independent
Demanding
Confident
Calculated risk taker
Creative
Innovative
Vision
Commitment
Problem-solving skills
Tolerance to ambiguity
Strong integrity
Very reliable
Personal initiative
Ability to consolidate resources
Strong management and organizational skills
Competitive
Stockbroker
Tolerance of failure
Desire to work hard
Luck
Editor's Note:This post was originally published in May 2010 and has been updated for freshness, accuracy, and completeness.
