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Start My Own Business Self Assessment

Complete this quick and easy self-assessment to explore if you're ready to start your own business. Just 9 questions, exploring areas such as: Your motivation & goals, your skills & experience, and your financial readiness. Take a step closer to exploring self-employment.

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Question 1 of 9

Motivations & Goals

 

 

1. What are your primary reasons for considering self-employment?

A

Financial freedom

B

Take back control of my time

C

To follow my passion

D

Control over my career

Question 2 of 9

Motivations & Goals

 

 

2. Have you clearly defined your short-term and long-term goals related to starting your own business?

A

I am super clear on what I want to achieve in the short and long term

B

I'm somewhat clear on my goals

C

I have given it some thought

D

I don't know where to start

Question 3 of 9

Financial Preparedness

 

 

3. Do you have a clear understanding of your current financial situation, including savings and expenses?

A

Yes, I have a comprehensive understanding

B

I have a general idea

C

I've looked into it but need more clarity

D

Not at all, I haven't looked into it

Question 4 of 9

Financial Preparedness

 

 

4. Have you calculated how long you can manage financially without a regular income during the initial stages of your business? 

A

Yes, I have a solid budget. I know my current financial position

B

I have a rough budget for my monthly spending

C

I sort of know my income and expenditure each month

D

I haven't considered this yet

Question 5 of 9

Assessing Your Skills

 

 

5. What are your core skills and experiences that you believe are relevant to starting a business? 

A

I have a strong set of skills and experiences

B

I possess some relevant skills and experiences

C

I have a few skills but need more

D

I'm unsure of my skills and experiences

Question 6 of 9

Assessing Your Skills

 

 

6. Are there areas in which you feel you may need additional training or development? 

A

No, I feel confident in my skills

B

Yes, there are a few areas where I need improvement

C

I need significant training and development

D

I need training in several areas

Question 7 of 9

Building a Support Network

 

 

7. Have you identified potential mentors, advisors, or support networks that can assist you in your entrepreneurial journey? 

A

Yes, I have a strong support network in place

B

I have a few potential mentors/advisors in mind

C

I've thought about it but haven't identified anyone specific

D

I haven't considered this yet

Question 8 of 9

Building a Support Network

 

 

8. How comfortable are you with the idea of seeking help or guidance from others?

A

Very comfortable, I actively seek advice

B

Somewhat comfortable, but I prefer to figure things out myself

C

I'm open to it but hesitant at times

D

I'm not comfortable seeking help

Question 9 of 9

Gauging Your Sales Confidence

 

 

9. How comfortable are you promoting yourself and your new business

A

Very comfortable, I'm confident in self-promotion and marketing.

B

Somewhat comfortable, but I could use guidance and improvement.

C

I'm hesitant about self-promotion and marketing.

D

I'm not comfortable with self-promotion and marketing, and it makes me anxious

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