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5 Step Venture eMentoring Program™

Session 1: Self-Assessment

Summary Session 1

Undertaking your own business venture can be exciting, rewarding and profitable, but it is critical that you first conclude that it is the right course of action for you � and only you can ultimately form this conclusion.

Each of the assessment tools presented in this first section have been designed to help you look at the issues of self-employment and entrepreneurship from different perspectives. Now let’s look at what the exercises are suggesting so far:

10 Great Reasons To Be in Business for Yourself:
10 Great Reasons Not To Be in Business for Yourself:
Common Entrepreneurial Traits:
Common Mistakes That Lead To Business Failure:
Entrepreneurial Aptitude Assessment Index:

Total Score: 0

If you scored above 245, you show a strong aptitude for entrepreneurship.

If you scored between 120 and 244, you have potential but may want to improve your skills in your weaker areas by seeking training or hiring someone with the needed skills.

If you scored between 110 and 119, you may not want to start a business alone. You may want to look for a business partner who can compliment you in the areas where you are weak. Keep in mind that having a partner can bring with it difficulties you may not want to experience as well. Make such a decision carefully and for the right reasons.

If you scored below 109, operating your own business may not be for you. You will probably be happier and more successful working for someone else. However, only you can make that decision.

It is important to keep in mind that there are no definitive answers. This exercise is a tool. It is interesting to use and offers deeper insight regarding your entrepreneurial skills and attitude. Keep this in perspective. The ultimate choice is yours.

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