Business Start-Up Quiz Are you ready for self-employment? Take the Youth Employment Services interactive entrepreneurship quiz to find out! Answer the questions honestly, then click How'd I Do? to find out whether you're ready to become an entrepreneur. To get the most accurate assessment, first rate yourself then have someone who knows you well rate you. 1. I want to control how much money I make, i.e., the harder I work, the more I make. Yes No 2. I want independence, to be my own boss and have no one to answer to but myself, (and to my customers). Yes No 3. I want to have flexible working hours, (i.e., I don't mind working day & night, week-ends, as long as I am the one who chooses to do so.) Yes No 4. I am good at making decisions. Yes No 5. I want to create things. Yes No 6. Do you often predict trends before they happen? Yes No 7. Are you the type of person who is always finding or creating opportunities? Yes No 8. When you have a good idea or notice an opportunity, do you do something about it - that is, do you seize opportunities? Yes No 9. Do you like change and look forward to it? Yes No 10. Do you like to constantly improve things? Yes No 11. Do you have expertise, a skill, a product or service that is worth buying on the competitive market? Yes No 12. Have you ever worked in a business like the one you want to start? Do you have previous experience in this industry? Yes No 13. Do you have a base of contacts and potential future clients who might require your services or product? (Say, enough to keep your business afloat in Year 1?) Yes No 14. Do you have trustworthy contacts in the legal and accounting professions to assist you? Yes No 15. Do you enjoy contract-chasing, sales and negotiating? Wheeling and dealing? Yes No 16. Do you have savings or someone to financially support you through the rough spots - at least for at least the first 6 months in business? Yes No 17. Do you have the moral support of your family or significant other? Yes No 18. Do you have good strong physical health? Yes No 19. Do you have good strong emotional health? Are you able to stay enthusiastic by yourself even when the going gets tough? Yes No 20. Are you willing and/or able to give up many hours of your personal life to ensure the smooth running of your business? Yes No 21. Do you like to work alone most of the time? Are you self-reliant ? Yes No 22. Are you organized enough to manage your tasks and prioritize your time? (Remember, no one is watching!) Yes No 23. Are you disciplined? Do you finish what you start? Yes No 24. Do you believe that, most of the time, the customer is always right? Are you willing to concede a point to keep a customer? Yes No 25. Do you believe in the saying, "You have to spend money to make money?" Yes No Quiz created by Peter Johnson and Johanne Larouche. All rights reserved.