1. Module 1 Entrepreneurial Assessment

2. 2Aboriginal Banking Common Entrepreneurial Characteristics >Here are 5 common characteristics generally believed an entrepreneur should have to succeed: >Management skills >Financial abilities >Marketing skills >Personal skills >Communication skills

3. 3Aboriginal Banking Entrepreneurial Characteristics >Accounting skills >Financial Management skills >Communication Skills >Experience in business >Marketing abilities >Negotiation skills >Commitment >Perseverance >Team Player >Management skills/experience >Networking ability >Leadership Skills >Critical thinking skills >Problem solver >Willing to take risks >Time management skills >Ability to prioritize work >Interpersonal skills >Ability to think outside the box >Willingness to partner Pick out the characteristics you have!

4. 4Aboriginal Banking Key Success Factors for Entrepreneurship >Personal Characteristics >Technical Know-How >Marketable Idea >Contacts for Assistance >Financial Resources >Potential Customers >Supportive Lifestyle >Leadership Experience >Personal Motivation Which factors do you think match your current situation?

5. 5Aboriginal Banking Aptitudes are Opportunities >Verbal and non-verbal communications >Verbal comprehension >Logical thinking >Artistic activities >Mechanical thinking >Mathematical abilities >Clerical >Physical >Organizational >Intellectual >How will your strengths help you find a business idea? Recommended Video: http://www.youtube.com/watch?v=lZKhZmvJuZY

6. 6Aboriginal Banking Activity Session >Complete Activity #1: Skills Assessment >Complete Activity #2: Business Brainstorming

7. 7Aboriginal Banking “SMART” Goals and Objectives >Specific: Goals and objectives should be specific and clear. Example: “Increase business by x% per year.” >Measurable: Goals and objectives should be measurable. Avoid using clichés such as “the biggest”, “the best”, etc. >Achievable: Goals and objectives should be achievable given your present resources. If you can only produce 1000 units per year, the goal and objective should not state you want to produce 5000 units. >Realistic: Goals and objectives must be realistic. If historically a business X can expect 10% growth per year, your goals or objectives should not be 50% per year. >Timely: Set target dates for achieving your goals or objectives. Avoid terminology such as “in the future”, or “in the short/long term”. These phrases are vague and can mean different things to different people. This is a great tool to use when creating your business plan!

8. E-Spirit www.bdc.ca/en/espirit