This 15-question business quiz reveals if you would make a good entrepreneur by comparing your personality to successful millionaires.
Good Entrepreneurs Have These Features
Condensed into a short list, winning entrepreneurs benefit from the following advantages:
- Vision. They are visionaries with realistic approaches.
- Self-discipline. Self-made business owners need discipline to fill the management gap.
- Flexibility. Entrepreneurship is a bumpy road that only the most adaptable survive.
- Innovation. You’re not a businessperson if you don’t value creativity.
- Networking. A great entrepreneur knows how to connect and communicate.
- Passion. Booming businesses are born out of love, a love for creation and solution.
- Persistence. The perfect executive doesn’t give up.
How to Know If You’d Be a Successful Businessperson
You will indeed make a good entrepreneur if your current mindset revolves around innovation, adaptation, resilience, discipline, and learning.
What makes you successful in entrepreneurship is essentially your problem-solving expertise. Entrepreneurs are the masters of detecting, analyzing, and resolving frustrations. However, you’d also need self-awareness, risk-taking, passion, and persistence to thrive.
As Gary Vee, a world-known American businessman, points out, self-awareness is a must for industrialists. You must be fully aware of the why behind your desire to build a business. Otherwise, you’ll never find success in entrepreneurship.
Why Everyone’s Chasing Entrepreneurship
According to Bloomberg, eight in ten entrepreneurs fail within the first eight months of their journey. Still, new one-man-band startups sprout every day. Why is that?
Mark Leruste, an inspirational speaker and bestselling entrepreneurial author, believes that we all want to become tycoons because of the media. We’re not chasing entrepreneurship; we crave recognition, comfort, and money.
The path to building a profitable business is lonely. However, the media shows us the super-stars of the industry, the multimillionaires who’ve made it. What they don’t show us is the fear in quitting your job, the depression in failing and trying again, and the anxiety in holding onto success.
So, instead of questioning whether you’d make a good entrepreneur, ask yourself, “Would you be willing to pay the price for becoming an entrepreneur?” (If your answers are money and fame-oriented, you’re unlikely to make a good entrepreneur.)
Assess Your Entrepreneurial Mindset with a Business Quiz
We want to help aspiring business-centric people looking to start their industrial journey. The Entrepreneur Quiz puts you through a self-assessment that could expose if you’re a genuine executive or an ordinary dream chaser—with no purpose.
The test is created using psychoanalytical data from the big names of startups and growing companies. However, it focuses on your personality, revealing if you have the potential characteristics of a good entrepreneur.
How to Play?
Playing personality quizzes is straightforward: Choose the option that’s true about you—or you relate to—and select “Next.” Unlike trivia quizzes, personality tests have no right or wrong answers. But the questions are in forced-choice format. The point is to push you to choose an option that makes the most sense, not the one that’s 100% true. For the most accurate results, don’t overthink your responses. Go with options that you “feel” are the best.
Questions of the quiz
- 1How did you make money as a teenager?
Selling things to people
Doing random gigs
Helping family members (in exchange for money)
I would just ask for it
- 2What kind of student were you in school?
Distracted
Focused
Nerdy
Regular
- 3What type of business ideas intrigue you?
Futuristic
Creative
Scientific
Trendy
- 4Which one sounds like reasonable work to put into your business?
10 hours a day
8 hours a day
6 hours a day
4 hours a day or less
- 5How do you feel about your current job?
I like it, but I'm overqualified for it
I love it; it's my passion
I can't say I hate it, but it's not that fun
I don't have a job
- 6Have you ever considered quitting your job? Why?
Yes, I want to follow my heart
Not really, but I'm not scared of doing so
Yes, because I'm underpaid
No, I've never thought about that
- 7Why do you want to build a business?
I want to solve a problem
I have a great idea that everyone would love
I need financial security
I want to change the world like Steve Jobs
- 8What motivates you?
Boredom
Creativity
Science/Data
Money or fame
- 9How big of a risk-taker are you?
5 (totally okay with taking risks)
3-4 (it depends on the pain and gain)
1-2 (I'm afraid of taking risks)
0 (I don't want to take any risks)
- 10Are you a realist or a visionary?
Visionary
A bit of both
Realist
Neither of them
- 11How do you feel about failure?
I see it as a lesson
I am trying to accept it
I am afraid of it (but will face it)
I am avoiding it
- 12Are you good at time management?
Yes, incredibly good
Kind of, yes. I'm working on it.
Not really. I'm not that good
Oh, I'm awful at that
- 13Have you found your passion yet?
Yes, I have
No, but I'm working on it
I don't know, it's complicated
No, I'm not looking for it
- 14Are you okay with being the only employee of your business?
Yes, I love the idea
No, but I'll deal with it anyway
No, I need to work with a team
I don't know; it shouldn't be that bad
- 15Final question: Which one inspires your business ideas?
Frustrations
Needs
Dreams
Trends