Test Your Entrepreneurship IQ

November 8, 2015 Abdallah Alaili

Do you believe you are cut out to be an entrepreneur? Believing and knowing are 2 different things!

This quiz will help you evaluate your qualifications, and tell you whether you have the skills necessary to be a successful entrepreneur.

The following Entrepreneurship test is based on the Entrepreneurship IQ test formulated by Steven D. Strauss, USA today business columnist, and author of many business books. The test is not exactly the same, as i took the liberty to reformulate some questions in a more clear manner, added some options, and am actively expending the test with more questions to make it as precise and accurate as possible.

This quiz is first and foremost an indicator for you, that’s why, it is important to be perfectly honest. Take a few seconds after reading each question and before giving an answer.

Are you ready to

Test Your Entrepreneurship IQ ?

1. Are you a self-starter (sufficiently motivated or ambitious to start a new career or business or pursue further education) ?

Yes, I like to think up ideas and implement them.

If someone helps me get started, I will definitely follow through.

Frankly, I would rather follow than lead.

None

2. How do you feel about taking risks, How often do you take risks?

Often, I really like the feeling of being on the edge a bit.

Rarely, Calculated risks are acceptable at times.

Almost never, I like the tried and true.

None

3. Are you a leader? Do you come up with activities, or present your opinions?

Yes, often.

Yes, when necessary.

No, not really.

None

4. Are you financially stable? can you and your family live without a regular paycheck?

Yes, if that is what it takes.

I would rather not, but understand that may be part of the process.

No, i live paycheck to paycheck .

None

5. Could you fire an employee who really needs the job?

I really can't see myself doing that.

I hope i'll be able to do so if needed.

Yes. I may not like it, but that is the way it goes sometimes.

None

6. Are you willing to work 10-12 hours a day, or even more?

No, definetly not

Maybe in the beginning.

Many other things are more important than work.

If that is what it takes, yes

None

7. Are you self-confident?

Unfortunately, that is not one of my strong suits.

You bet!

Most of the time.

None

8. Can you live with uncertainty?

If I have to, but I don't like it.

Yes, not a problem.

No, I like knowing what to expect.

None

9. Can you stick with something, once you have put your mind to do it?

Not always.

Most of the time, if I like what I am doing.

I will not let anything get in the way.

None

10. Are you creative?

I can be.

No, not really.

Yes, I do get a lot of good ideas.

None

11. Are you competitive?

Very competitive.

Sure, mostly.

Not really, i'm more laid-back.

None

12. Do you have a lot of willpower and self-discipline?

I try, but often fail to.

No.

I am self-disciplined when I need to be.

Yes, i have a strong will power and a lot of self-discipline.

None

13. Are you a Free-thinker (individualistic) or would you rather go along with the status quo?

I think strongly individualistic people are a bit strange.

I am sometimes an original.

I like to think things through myself and do things my way.

None

14. Can you live without structure / knowing from from hour x to hour y, you do this specific job?

Actually, the idea of living without a regular job makes me nervous.

No, I like routine and structure in my life.

Yes, I can do that.

None

15. Do you have many business skills (sales, marketing, communication, curiosity, planning ...)?

No, nothing.

I am avarage at one or two.

I have some skills.

Yes, I do, and those I don't have, I'll learn.

None

16. Are you flexible and willing to change course when things are not going your way?

No, I have a fairly rigid personality.

Yes, i'll explore the options.

I like to think so, but others may disagree

None

17. Do you have experience in the business you are thinking of starting?

Yes, have worked in the domain for some time.

I have a bit of experience.

No.

None

18. Could you perform multiple business tasks: accounting, sales, marketing, and so on in a competent way?

That sounds intimidating.

I hope so.

I sure would like to try!

None

19. Are you willing to really hustle for clients and customers?

I would rather not.

Yes, i am willing to.

If I have to.

No, i don't like to hustle.

None

20. How well do you handle pressure?

It's not my strongest trait, but I can do it.

Quite well.

Not well at all.

None

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Abdallah Alaili

I'm a serial entrepreneur (mostly tech) and micro-investor (tiny), this is a blog to learn from other entrepreneurs and spread the wisdom to many more. You can find me on: Instagram - Twitter - Linkedin - more about me