What's Your Entrepreneurial I.Q.?

You think you know business? Take our quiz and find out how well attuned you are to the demands of being an entrepreneur.

Common characteristics in areas such as family background, childhood experiences, core values, personalities and more turn up time and time again in studies of entrepreneurs. Find out how you fit the mold by determining your Entrepreneurial Quotient, or EQ. The following test is no measure of your future success, but it may show you where you excel and where you need to improve to help make your business soar. Answer the following questions with a "yes" or "no," and total your score at the end to find out your EQ.

1. Did your parents immigrate to the United States?

  • 2. Were you a top student in school?

  • 3. Did you enjoy participating in group activities in school, such as clubs, team sports or double dates?

  • 4. Did you prefer to be alone as a youngster?

  • 5. Did you run for office at school or initiate enterprises at an early age, such as lemonade stands, family newspapers or greeting card sales?

  • 6. Were you a stubborn child?

  • 7. Were you cautious as a youngster?

  • 8. Were you daring or adventurous?

  • 9. Do the opinions of others matter a lot to you?

  • 10. Would changing your daily routine be an important motivator for you to start your own enterprise?

  • 11. You might really enjoy work, but are you willing to work overnight?

  • 12. Are you willing to work as long as it takes with little or no sleep to finish a job?

  • 13. When you complete a project successfully, do you immediately start another?

  • 14. Are you willing to commit your savings to start a business?

  • 15. Would you also be willing to borrow from others?

  • 16. If your business should fail, would you immediately work on starting another?

  • 17. Or would you immediately start looking for a job with a regular paycheck?

  • 18. Do you believe being an entrepreneur is risky?

  • 19. Do you put your long- and short-term goals in writing?

  • 20. Do you believe you have the ability to deal with cash flow in a professional manner?

  • 21. Are you easily bored?

  • 22. Are you an optimist?

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