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So You Want to be an Entrepreneur Rank the 10 questions in order of importance Article dated February 23 rd by Kelly Spors.

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Presentation on theme: "So You Want to be an Entrepreneur Rank the 10 questions in order of importance Article dated February 23 rd by Kelly Spors."— Presentation transcript:

1 So You Want to be an Entrepreneur Rank the 10 questions in order of importance Article dated February 23 rd by Kelly Spors

2 10 questions designed to determine if you are up for the challenge of entrepreneurship. 1.Are you willing and able to bear great financial risk? 2.Are you willing to sacrifice your lifestyle for many years? 3.Is your significant other on board? 4.Do you like all aspects of running a business? 5.Are you comfortable making decisions on the fly? 6.What's your track record of executing your ideas? 7.How persuasive and well-spoken are you? 8.Do you have a concept you're passionate about? 9.Are you a self-starter? 10.Do you have a business partner? Rank the above 10 in the order of importance to you

3 Please rearrange these 10 and rank them in the order of importance (and difficulty) for you. Are you willing and able to bear great financial risk? Are you willing to sacrifice your lifestyle for many years? Is your significant other on board? Do you like all aspects of running a business? Are you comfortable making decisions on the fly? What's your track record of executing your ideas? How persuasive and well-spoken are you? Do you have a concept you're passionate about? Are you a self-starter? Do you have a business partner? Please rank in order of most difficult to most manageable

4 O’Malia’s ranking of whether you're up for the challenge of entrepreneurship. Is your significant other on board? Are you a self-starter? Do you have a concept you're passionate about? What's your track record of executing your ideas? How persuasive and well-spoken are you? Are you comfortable making decisions on the fly? Are you willing to sacrifice your lifestyle for many years? Are you willing and able to bear great financial risk? Do you like all aspects of running a business? Do you have a business partner?

5 What happens when you just slightly alter the articles words and thusly the meaning?? Do you have a concept that passes the feasibility test vs. you're passionate about? Do you have a business Mentor vs. a Partner? Is your significant other going to have a role vs. being on board? Are you a self-starter with limited or no resources? Are you willing and able to manage financial risk vs. bear great financial risk? What's your track record of executing (everything) vs. just your ideas? How good are your customer acquisition skills vs. how persuasive and well-spoken are you? Are you comfortable adjusting vs. making decisions on the fly? Are you willing to change vs. sacrifice your lifestyle for many years? Do you have the ability of running a business vs. like all aspects of running a business?


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