Starting and Growing a Business: Entrepreneurial Assessment

Are you an Entrepreneur?

An entrepreneur is anyone who organizes or manages a business, attempting to make a profit and assuming the risk of a loss. Evaluate yourself critically to see if you have what it takes to be a successful entrepreneur.

Business success or failure primarily depends on you. Take the time to generate or develop ideas and decide if running a business is right for your personality, skills, family and lifestyle.

Before you quit your current job or commit yourself full time to your new venture research the links provided and complete our Entrepreneurial Assessment Checklist. Completion of this checklist will ensure that you look carefully before leaping into a new business.

Do You Have What It Takes?

• Ag-Info Centre: New Ventures Team – The New Ventures Team with Alberta Agriculture and Rural Development provides coaching to start up businesses and those looking to add another enterprise to their existing business. They can assist you with market and customer information; production and processing information; business plan development; marketing; financial planning; regulations and legislation; pricing and cost of production.
• Characteristics of Successful Entrepreneurs - The Business Link suggests that successful entrepreneurs share a number of common characteristics. Here you will find a list of these characteristics for your reference.
• Entrepreneurial Self Assessment - Take this quiz from Business Development Canada and find out if you have what it takes to be an entrepreneur.
• Questions to ask yourself before going into business - Getting a new venture up and running takes business skills and personality traits that aren't all that common. If you are considering starting your own business, take a moment to complete the MetLife Online Entrepreneurs' Top 10 quiz.

• Personal and Family Considerations – Where do You Want to Be? - Personal and family assessments are crucial when evaluating the potential of any new enterprise. This factsheet helps you evaluate your most critical assets: you and your family.
• Points to Consider When Starting Your Own Business - The Canadian-Ontario Business Service Centre outlines key considerations for new entrepreneurs that will help you turn ideas into goods and services and meet the needs and wants of consumers while building a career for yourself.
• A Guide For New Alberta Businesses – This guide from the Business Link provides an introduction to the key elements that a new business owner should consider when starting a business in Alberta.