Think You’re Ready To Leave Your Corporate Job To Become An Entrepreneur? Take This Quiz Now To Find Out

There is a big difference in being a great employee and making money by following the requests of your boss and being able to make a living by becoming an entrepreneur.

Being a successful entrepreneur and business owner require investing your own money, time and energy. While it sounds great to be your own boss, the reality is that some people are just not made to be a business owner.

Here are 20 quick statements to help you evaluate your ability to be a successful business owner and entrepreneur before you take a big step.

1.  I am passionate about business, and I have always wanted to be an entrepreneur.
Yes No

2.  I am bored with my corporate job, and I am ready to start my own business.
Yes No

3.  I have enough money saved to pay for one year’s living expenses.
Yes No

4.  I am willing to give up some of the “extras” in life to build my savings while I am building my business.
Yes No

5.  I have talked with my family about my plans, and they are supportive of my decision to open my own business.
Yes No

6.  I understand that it may take one year of hard work before I begin to see my business turn a profit.
Yes No

7.  I am willing to engage in any and all training needed to be successful with my business.
Yes No

8.   I understand that to be successful in a business, I must be willing to make both warm and cold sales calls.
Yes No

9.   I am committed to building a team as a part of my business, and I am excited about the thought of training them to be successful.
Yes No

10.  I understand I will need to focus on higher paying tasks and that I don’t need to get bogged down in things like designing business cards, a logo and stationery.
Yes No

11.  I know it is important to surround myself with a support system that will help me solve problems, find answers to questions and be available when I need to brainstorm.
Yes No

12. I understand that work/life balance may be very unbalanced in the beginning.
Yes No

13.  I am someone who can stay motivated, even when I am knocked down. I am someone who can bounce back quickly from setbacks.
Yes No

14.  I can envision success. I see it when I wake up in the morning and when I go to bed at night.
Yes    No

15.  I have an entrepreneurial spirit. I have the passion, positivity, adaptability, ambition and leadership skills required to be successful as an entrepreneur.
Yes    No

16.  I have a strong vision for my business, and I have the desire to realize it. My desire to realize my vision is much greater than the fear of failure.
Yes    No

17.  I am a hard worker, and I have a go-getter mindset.
Yes No

18.  I am willing to take calculated risks if I feel they will help me realize my vision.
Yes No

19. I am someone who is constantly questioning how something can be done better.
Yes No

20.  I have the drive to execute at all time, no matter what the circumstances.
Yes No

SCORING:

Now, add up the number of yes answers.  Use the rating system below to see where you stand.

15-20:  You have the skills and knowledge to be a successful entrepreneur

10-14:  You have about 50-70% of the skills needed to be a successful entrepreneur and with some training, you can become a successful entrepreneur.

5-9:  You have about 25-40% of the skills needed to be a successful entrepreneur, and you could greatly benefit from taking some courses and shadowing a successful entrepreneur to improve your chances of success as an entrepreneur.

0-4:  You are really not built to be an entrepreneur.  You would more than likely thrive in a support role in an entrepreneurial business, but you are not designed to be the person who owns and runs a business.