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Take some time now to fill in the simple questionnaire below, which will give you an indication of the challenges that you will face in business and also help you assess whether you will be up to overcoming them. It is by no means a comprehensive guide to all potential business challenges but will certainly give you general indicators. Answer simply “Yes” or “No” in response to each question.

If you get a score of less than 60%, in other words, your “Yes” answers account for 60% of the questions asked, you may struggle in you own business and will have to work seriously hard to make it work. A score of 80% and above will indicate that you are a natural. I would go for it if I were you. The chances of success are great!

Remember, complete this questionnaire as honestly as you can. Avoiding the truth is merely deceiving yourself. Even if you decide to venture into business anyway, the questionnaire will help you to know your shortcomings and bring to the fore things to guard against as you proceed. Reflect honestly, and you will succeed.

BUSINESS SELF-EVALUATION QUESTIONNAIRE	YES	NO
Myself and business
1. Am I a self-starter?
2. Am I confident?
3. Am I disciplined?
4. Am I willing to live without an income?
5. Am I ready to put in more time than the normal hours of work?
6. Am I willing to sacrifice time with my family and friends?
7. Am I creative?
8. Do I like taking risks?
9. Can I live with uncertainty?
10. Can I work under pressure?
11. Can I function under financial stress?
My business and I
1. Do I know all the dynamics of the business I intend venturing into?
2. Do I have the skills to make it work in this line of business?
3. Do I have effective support structures in this business?
4. Do I have experience in the business I am pursuing?
5. Can I satisfy clients?
6. Can I perform multiple tasks?
7. Do I have multiple business skills?
The leader in me
1. Would I readily take the decision to fire someone?
2. Would I deny a free service or money to a relative or friend?
3. Do I have what it takes to make people listen to me?
4. Am I flexible in listening to other viewpoints?
5. Can I give direction and monitor progress in what I need done?
6. Am I a leader?
7. Am I flexible in changing direction?
8. Am I willing to push customers and clients for business and payment?
9. Can I put pressure on suppliers and business associates?
10. Am I competitive (positively)?
11. Am I resilient and able to press on in times of adversity?
Your score Total score 29 Percentage