Resending Factors Paper sent on September 10, 2013
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Factors Paper in
Entrepreneurship
MBA Standard Program
Emmanuel Junio
Student
Factors Paper: Entrepreneurial Self-Assessment
I. Background
Am I ready to become an Entrepreneur? Do I have what it takes to become a successful entrepreneur..? These are some of the questions which boggle my mind as I take this class. One thing is for sure, I have to find out. But then, again.. How?
II. Assessment
To initially assess myself, I decided to take an Entrepreneurial Assessment from the Internet. I found www.bdc.ca and took my first ever Entrep Test. Hungry for more proofs, and not to call it luck, I searched for more sites, and took more test from www.mvp.cfee.org, and www.forbes.com. Below are the results.
How to interpret your results?
Your results are displayed with blue horizontal bands. A red vertical band shows the mean score of entrepreneurs.
If the horizontal range of your results does not exceed the vertical range, it means that your results for this dimension are below the average obtained by entrepreneurs.
If the horizontal range exceeds the vertical range, your results are above average.
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Results
General profile
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170
|  |  | |
59
| | |||
72
| |  | ||
39
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YOUR MOTIVATIONS
Motivation factors determine behaviour. They are the underlying reasons that induce someone to act.
Motivation
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59
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14
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20
| | | ||
18
| |  | ||
7
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YOUR APTITUDES
Aptitudes are natural inclinations, competencies, abilities. Certain aptitudes predispose someone to be an entrepreneur.
Aptitudes
|
72
| | | |
15
| | | ||
16
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20
| |  | ||
21
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YOUR ATTITUDES
Attitudes are made up of perceptions, our feelings about something. They are judgements we make, ways we look at things.
Attitudes
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39
| | | |
21
| |  | ||
18
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NOTE
This questionnaire was prepared on the basis or research and observations of the characteristics of Canadian entrepreneurs in all industry sectors. On average, entrepreneurs tend to obtain overall results that are higher than those of the general population, and this for all characteristics. Granted, the mere fact of obtaining – or failing to obtain – results in line with those of entrepreneurs is not enough to indicate your potential as an entrepreneur. Many other factors come into play, including your personal circumstances, your milieu, your experience, timing, etc. What these results will do, however, is allow you to compare your answers to those of a group of entrepreneurs, and to note where they are the same and where they are different.
Source: http://www.bdc.ca/EN/advice_centre/benchmarking_tools/Pages/entrepreneurial_self_assessment.aspx
Your score is 32.
You already share many key attributes of entrepreneurs. If you have not yet decided to become an entrepreneur, you should give it serious consideration.
Your score is 26.
You probably share similar skill levels with most successful entrepreneurs. (But you can always improve!)
Kauffman FastTrac® Entrepreneurial Characteristics Survey
Score: 40 to 51
You ARE an entrepreneur. With proper planning and consideration, you are driven and rewarded by innovation and problem solving. You, too, should document a personal vision. And, don't do it alone. Surround yourself with others—mentors, advisors, peers, associates, investors—who buy into your vision and will serve as a sounding board and support mechanism to help you ensure long-term success for the company you create.
