Entrepreneurs are as diverse as any group of people. Entrepreneurs have different sorts of businesses - from IT to biotech to not-for-profit to fancy food. While diverse, there is some agreement about common entrepreneurial characteristics:
- Are you a hard-working multi-tasker?
- Do you take the initiative or do you need someone else to explain the instructions?
- Are you in debt? Do you know where your money goes?
- Do you gamble and lose more than you can afford?
- Do you spend money on your ideas – or do you expect others to do that for you?
- Do you need stability? Or can you handle a few dramas and a bit of uncertainty?
- Do you just see yourself as just an "ideas person"? Or can you alsosee how to put those ideas into action?
- What experience do you have of entrepreneurial roles (from organising fund raisers in school or for social groups to selling stuff online)?
The following five qualities are neither inherently good nor bad. Think of them in terms of what's generally needed to be a successful entrepreneur:
- Openness to experience
- Conscientiousness
- Extroversion
- Agreeableness
- Neuroticism.
Learning Portfolio
Complete exercise 12 in your Learning Portfolio.
More stuff
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Quiz
- Measure your entrepreneurial instinct. This quiz is available through the Forbes website (a great resource that you should access) and it claims to measure “entrepreneurial instinct”.
- The Forbes quiz is adapted from the entrepreneurial personality quiz by Thomas L. Harrison and is based on the OCEAN five-factor model of personality (Costa and McCrae, 1985). For more on personality dimensions, see the five factor model.
Website
- Measure your entrepreneurial Instinct - an article on the Forbes quiz and how it is designed.