Take this quiz to determine if you’re the next Bill Gates or whether you should just grin and bear it at your day job.

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Presentation transcript:

Take this quiz to determine if you’re the next Bill Gates or whether you should just grin and bear it at your day job.

1. The hobby you would be more likely to embrace is: A. Mountain biking, after I take a workshop on it. B. BASE jumping, where you illegally jump (with a parachute) off buildings, cliffs, the Golden Gate Bridge or just about anything else.

2. When it comes to making tough choices: A. I'm not indecisive, but I know enough to say when I'm wrong. B. My way isn’t just the right way, it’s the only way.

3. Your work style can best be described as: A. I like working alone. It’s not hard for me to sit down and get wrapped up in a project. I also like the challenge of juggling several different tasks and getting things done. B. A procrastinator who waits until the last possible moment. I’m not good about working by myself. I tend to waste time cruising the Internet or something. I seldom complete assignments on time unless my boss is constantly harping on me to get things done.

4. Which statement more accurately describes how you arrive at decisions: A. I like to think things through. I’m pretty methodical about drawing up a list of pros and cons and acting accordingly. B. Most of the time I go with my gut. I believe in quick, decisive action. Better to do something than to spend a lot of time analyzing.

5. One of your workers who’s been on board since day one is no longer as productive as he once was. It’s impacting sales and morale at the company. You would: A. Talk with him and determine what the problem is. Maybe he needs training or counseling or just needs out. I won’t shirk from firing him if that’s the best solution for the company. B. Pretend not to notice and maybe this problem will just go away on its own. Or maybe I’ll sit down and talk to him and hear his side and that will be enough to turn things around.

6. You've tried to market a product several different ways and at several different price points. Nothing’s worked. Your next idea is to: A. Ask some business friends for advice. B. Buy a book on marketing and try to figure something out.

7. You've come up with a dynamite idea for a business, but can’t say you’re enthused about actually carrying it out. You would: A. Walk away. If I don’t have the passion, I’ll never finish what I set out to do. B. Of course I would do it. It’s such a great idea that it will make me million, then the passion will come

Our homework – start together in class A questionnaire where we interview someone who has started a business to find out why they did so. Two questions. Both Closed. Please rate the following as reasons for you starting up your own business) (out of 10, where 10 = was very important & 0 = was not important at all) Please rate the following as problems you encountered in your start up process (out of 10, where 10 = was a big problem & 0 = was not a problem at all)