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5 Step Venture eMentoring Program™

Session 1: Self-Assessment

Module 1b: 10 Great Reasons NOT To Be In Business

Instructions: Not everyone is suited to start and run his or her own business operation. Think about the following list of reasons not to be in business and see how they might match-up with concerns or issues that you may be facing. If some of these match reasons you face, you should begin to question whether you should proceed with the goal of going into business. Read this list carefully, complete the form, and be as honest with yourself as possible when checking off which level of response you can best identify with.

Please fill in questions proceeded by a double asterisk and marked in red

1. Long hours which can include nights, weekends, and holidays

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

2. Hard work

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

3. High stress and emotional strain

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

4. Financial risk

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

5. Potential for unstable income and loss of benefits

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

6. Lower quality of life until your business is established

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

7. Complete responsibility for all aspects of the business operation

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

8. Need to have many different skills and talents

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

9. Potential for business failure

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

10. Social isolation

Very Acceptable Acceptable Neutral Unacceptable Very Unacceptable

INTERPRETATION
Score of 34-50: Shows high tolerance for demands of entrepreneurship
Score of 21-33: Shows ambiguity for demands of entrepreneurship
Score of 0-20: Shows low tolerance for demands entrepreneurship

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