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Thinking about changes you might make to become more or less entrepreneurial, depending on your career interests.

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What’s Your Entrepreneurial IQ? Rate yourself on the following 15 behaviors and characteristics, according to the following scale. 1 = Strongly disagree 3 = Agree 2 = Disagree 4 = Strongly agree 1. I am able to translate ideas into concrete tasks and outcomes. 1 2 3 4 2. When I am interested in a project, I tend to need less sleep. 1 2 3 4 3. I am willing to make sacrifices to gain long-term rewards. 1 2 3 4 4. Growing up, I was more of a risk-taker than a cautious child. 1 2 3 ...

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Question Preview:

What’s Your Entrepreneurial IQ? Rate yourself on the following 15 behaviors and characteristics, according to the following scale. 1 = Strongly disagree 3 = Agree 2 = Disagree 4 = Strongly agree 1. I am able to translate ideas into concrete tasks and outcomes. 1 2 3 4 2. When I am interested in a project, I tend to need less sleep. 1 2 3 4 3. I am willing to make sacrifices to gain long-term rewards. 1 2 3 4 4. Growing up, I was more of a risk-taker than a cautious child. 1 2 3 4 5. I often see trends, connections, and patterns that are not obvious to others. 1 2 3 4 6. I have always enjoyed spending much of my time alone. 1 2 3 4 7. I have a reputation for being stubborn. 1 2 3 4 8. I prefer working with a difficult but highly competent person to working with someone who is congenial but less competent. 1 2 3 4 9. As a child, I had a paper route, lemonade stand, or other small enterprise. 1 2 3 4 10. I usually keep New Year’s resolutions. 1 2 3 4 11. I’m not easily discouraged, and I persist when faced with major obstacles. 1 2 3 4 12. I recover quickly from emotional setbacks. 1 2 3 4 13. I would be willing to dip deeply into my “nest egg”— and possibly lose all I had saved—to go it alone. 1 2 3 4 14. I get tired of the same routine day in and day out. 1 2 3 4 15. When I want something, I keep the goal clearly in mind. 1 2 3 4 Scoring and Interpretation Total your score for the 15 items. If you tallied 50–60 points, you have a strong entrepreneurial IQ. A score of 30–50 indicates good entrepreneurial possibilities. Your chances of starting a successful entrepreneurial business are good if you have the desire and motivation. If you scored below 30, you probably do not have much entrepreneurial potential. Go back over each question, thinking about changes you might make to become more or less entrepreneurial, depending on your career interests.

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Entrepreneurship is the process of starting up a new owned venture.

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1. Ans. 3

2. Ans. 4

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