QUIZ

Know your entrepreneur type

Discover the best strategy to use your strengths and mitigate weakness before mistakes cause you to crash. Answer 8 easy questions about your work habits and business beliefs.

What kind of entrepreneur are you? Sometimes self-doubting? Always dreaming? Or simply no-nonsense?

Get answers and find out if you are really cut out to wear all the hats thrown at you, or if you can cut yourself some slack.

Get answers. Start the quiz.

1. If I could wave a magic wand, someone would: Give me real time financial information about my cash flow so I could make better decisions in my business. Teach me better business habits and walk with me while I learn them so I could become more savvy and profitable. Be an ally, so that I am not alone in my business. Just take care of the routine tasks like data entry so that I can spend more time analyzing and forecasting, and the other business management things I love. A person to work under who is multitalented and cross-trained in accounting so that I have a lighter load. It’s not rocket science, and accounting should be a simple ‘set it and forget it’ system that doesn’t cost much and includes maintenance.

2. My business looks like this: I am a service business in human care, and my expertise is healing, helping, and promoting wellness and vitality. I am a maker and my business is based on technical or hands-on work where things are built to solve a problem. I create things with physical materials. The results of my work show in a physical form that is functional or beautiful or consumable. I provide my knowledge, talent, creative solutions, or guidance to teach or solve problems for businesses, groups, or individuals. I provide goods marketed online or through a physical location where the public can come in to my space and shop, or experience something unique while they choose from the items in my inventory.

3. My workday looks like this: I am grateful because I have balanced days that don’t seem like work because my business is a bit of a side-hustle related to my passions. I can afford time away from it to remain available for the other things in life that require my attention. My workday is long and packed, but not like it was in the beginning. I am serious about investing the necessary time in the business to protect what I have built now that I more established. I can start to see light at the end of the tunnel and happy to recharge with time off when I schedule it. My workday is long and it feels like there are a thousand things still left to do as I start out and grind through these early phases of growth. I’m staying the course while I am at the beginning of my launch, and steadily working so I don’t lose the results of what is already invested. My workday is pretty hectic, but the thrill of owning my business and putting my heart and soul into it energizes me even when it is challenging. I realize life isn’t all about work, but I simply love what I do, and believe if you are aligned with your real calling and using your gifts and expertise, the rewards will always come.

4. When it comes to managing financials and cash flow, what is your general vibe when you allow yourself to think about it? I put on a brave face about money, but I am inwardly a bit of a mess lacking clarity. As a business owner I feel I wear too many hats and feel alone including with my financial expertise. More answers would help. If I had more time to invest or financial information that is better organized, I wouldn’t be worrying about cashflow or feeling overwhelmed. I have bigger fish to fry than paperwork. My priorities in these early years are sales and customer acquisition. I have an accounting system sized right for my new venture, and at this point it isn’t worth the cost in time or money to get overly fancy about it. I have come to realize that I might not be paying myself well enough for the stress and anxiety I have taken on. I have a feeling there’s enough cash to take a bigger share, but I never seem to see it in my bank account. I wish I could stop sacrificing my lifestyle and stop this cash-eating monster.

5. The things that motivate me about my business and keep me working hard are: Eek…adrenaline: I am way too leveraged and in too deep into this venture to back out of this now! I get a rush out of the unknown and the adventure of building something with my name on it. To be honest, some days I am motivated by a fear of losing my investment, but I will put on a brave face until I hit my stride. Bright horizons: I am building a legacy for the future and putting in work will add value to my business if I sell it or pass it on to my kids. Core values expressed: I am passionate about what I do and how I can help people. Using my gifts is also extremely rewarding. Running the business is something that is the vehicle that allows me to make a living out of my passions. A fun choice: I tend not to overwork by design. I chose to structure my business so that I could take it slow, enjoy spending my spare time on it, and not be too dependent on the income from it. Whatever I make from the business is a bonus on top of a balanced life I enjoy.

6. When choosing employees or experts to trust and come into my inner circle, I find the most value in this type of person on my team: I respect traditional approaches in business. You can’t go wrong with a straight arrow who is professional, authoritative and serious. I am impressed with people who save time and stick to the matter at hand without trying to be your friend. I choose well experienced. It usually costs slightly more, but it pays off. I’d rather get a person who brings intelligent ideas and maturity with their guidance. I prefer someone I could consider an equal but with specific expertise I don’t have. I’m a bit transactional – I’ve had great luck with giving a chance to young grads or up-and-comers offering good value for the money who get more done for less. If they get the tasks done I put in front of them, that’s all I should expect without much fuss. I want people with spark and who can be unconventional. The ones who question things might be a bit of a rebel in their industry, but they have confidence to present new ideas. Passion, flair, and intelligence is ideal.

7. When it comes to how my energy is expressed in my decision-making process, you can usually see me behaving like this: If decisions were like a starting gun in a race, you would see me flying out of the blocks and I will be the first to move. I usually put action quickly into assessing things under an instantaneous checklist in my brain. I will make a fast but sensible choice. If I have to make a decision, I’m a willow. I’m quite open and can be easily swayed into various angles of thinking because I’m flexible. I enjoy the ability to immerse myself into abstract possibilities and don’t mind some day-dreaming before making a concrete decision. Even then, I might change my mind afterwards and start over. I watch trends and ensure that my actions and decisions are aligned to influential and high-achieving people – commonly the most expensive and in-demand option is the best one and rises up to become a popular choice for good reason. I generally avoid low-end things because if something has my name on it, I want to be associated with high standards. I run on my gut for most decisions, and if something feels good and positive, I make a relatively quick decision emotionally – I won’t waste too much time weighing every single fact or getting caught up examining details when I can follow my feelings. Analysis isn’t fun. Once I make a decision, I am unwavering about it because I have probably already looked at things from a practical perspective and I have been as thorough as I need to be without being inefficient. Others are depending on me, and if my decision affects them, I put in the right amount of consideration beforehand and get it done.

8. What does your future life and self look like in 3-10 years? What the heck?! I can barely plan as far ahead as dinner, let alone imagine my next decade. My hard work and sweat equity right now going into starting during these first couple of years is finally showing some fruit. The stability I finally feel allows me to start to treat myself and my family to a better life. I am finally established and have built an empire out of an idea and some blood, sweat and tears. It may even be the right time to sell and cash in for the next phase of life, because I am financially ok to retire. I am potentially starting a second business or scaling up my current business because I have always imagined this type of growth. Business is my passion, and every year I get more experience to do it better.

01 If I could wave a magic wand, someone would:

A) Give me real time financial information about my cash flow so I could make better decisions in my business. B) Teach me better business habits and walk with me while I learn them so I could become more savvy and profitable. Be an ally, so that I am not alone in my business. C) Just take care of the routine tasks like data entry so that I can spend more time analyzing and forecasting, and the other business management things I love. D) A person to work under who is multitalented and cross-trained in accounting so that I have a lighter load. It’s not rocket science, and accounting should be a simple ‘set it and forget it’ system that doesn’t cost much and includes maintenance.

02 My business looks like this:

A) I am a service business in human care, and my expertise is healing, helping, and promoting wellness and vitality. B) I am a maker and my business is based on technical or hands-on work where things are built to solve a problem. I create things with physical materials. The results of my work show in a physical form that is functional or beautiful or consumable. C) I provide my knowledge, talent, creative solutions, or guidance to teach or solve problems for businesses, groups, or individuals. D) I provide goods marketed online or through a physical location where the public can come in to my space and shop, or experience something unique while they choose from the items in my inventory.

03 My workday looks like this:

A) I am grateful because I have balanced days that don’t seem like work because my business is a bit of a side-hustle related to my passions. I can afford time away from it to remain available for the other things in life that require my attention. B) My workday is long and packed, but not like it was in the beginning. I am serious about investing the necessary time in the business to protect what I have built now that I more established. I can start to see light at the end of the tunnel and happy to recharge with time off when I schedule it. C) My workday is long and it feels like there are a thousand things still left to do as I start out and grind through these early phases of growth. I’m staying the course while I am at the beginning of my launch, and steadily working so I don’t lose the results of what is already invested. D) My workday is pretty hectic, but the thrill of owning my business and putting my heart and soul into it energizes me even when it is challenging. I realize life isn’t all about work, but I simply love what I do, and believe if you are aligned with your real calling and using your gifts and expertise, the rewards will always come.

04 When it comes to managing financials and cash flow, what is your general vibe when you allow yourself to think about it?

A) I put on a brave face about money, but I am inwardly a bit of a mess lacking clarity. As a business owner I feel I wear too many hats and feel alone including with my financial expertise. B) More answers would help. If I had more time to invest or financial information that is better organized, I wouldn’t be worrying about cashflow or feeling overwhelmed. C) I have bigger fish to fry than paperwork. My priorities in these early years are sales and customer acquisition. I have an accounting system sized right for my new venture, and at this point it isn’t worth the cost in time or money to get overly fancy about it. D) I have come to realize that I might not be paying myself well enough for the stress and anxiety I have taken on. I have a feeling there’s enough cash to take a bigger share, but I never seem to see it in my bank account. I wish I could stop sacrificing my lifestyle and stop this cash-eating monster.

05 The things that motivate me about my business and keep me working hard are:

A) Eek…adrenaline: I am way too leveraged and in too deep into this venture to back out of this now! I get a rush out of the unknown and the adventure of building something with my name on it. To be honest, some days I am motivated by a fear of losing my investment, but I will put on a brave face until I hit my stride. B) Bright horizons: I am building a legacy for the future and putting in work will add value to my business if I sell it or pass it on to my kids. C) Core values expressed: I am passionate about what I do and how I can help people. Using my gifts is also extremely rewarding. Running the business is something that is the vehicle that allows me to make a living out of my passions. D) A fun choice: I tend not to overwork by design. I chose to structure my business so that I could take it slow, enjoy spending my spare time on it, and not be too dependent on the income from it. Whatever I make from the business is a bonus on top of a balanced life I enjoy.

06 When choosing employees or experts to trust and come into my inner circle, I find the most value in this type of person on my team:

A) I respect traditional approaches in business. You can’t go wrong with a straight arrow who is professional, authoritative and serious. I am impressed with people who save time and stick to the matter at hand without trying to be your friend. B) I choose well experienced. It usually costs slightly more, but it pays off. I’d rather get a person who brings intelligent ideas and maturity with their guidance. I prefer someone I could consider an equal but with specific expertise I don’t have. C) I’m a bit transactional – I’ve had great luck with giving a chance to young grads or up-and-comers offering good value for the money who get more done for less. If they get the tasks done I put in front of them, that’s all I should expect without much fuss. D) I want people with spark and who can be unconventional. The ones who question things might be a bit of a rebel in their industry, but they have confidence to present new ideas. Passion, flair, and intelligence is ideal.

07 When it comes to how my energy is expressed in my decision-making process, you can usually see me behaving like this:

A) If decisions were like a starting gun in a race, you would see me flying out of the blocks and I will be the first to move. I usually put action quickly into assessing things under an instantaneous checklist in my brain. I will make a fast but sensible choice. B) If I have to make a decision, I’m a willow. I’m quite open and can be easily swayed into various angles of thinking because I’m flexible. I enjoy the ability to immerse myself into abstract possibilities and don’t mind some day-dreaming before making a concrete decision. Even then, I might change my mind afterwards and start over. C) I watch trends and ensure that my actions and decisions are aligned to influential and high-achieving people – commonly the most expensive and in-demand option is the best one and rises up to become a popular choice for good reason. I generally avoid low-end things because if something has my name on it, I want to be associated with high standards. D) I run on my gut for most decisions, and if something feels good and positive, I make a relatively quick decision emotionally – I won’t waste too much time weighing every single fact or getting caught up examining details when I can follow my feelings. Analysis isn’t fun. E) Once I make a decision, I am unwavering about it because I have probably already looked at things from a practical perspective and I have been as thorough as I need to be without being inefficient. Others are depending on me, and if my decision affects them, I put in the right amount of consideration beforehand and get it done.

08 What does your future life and self look like in 3-10 years?

A) What the heck?! I can barely plan as far ahead as dinner, let alone imagine my next decade. B) My hard work and sweat equity right now going into starting during these first couple of years is finally showing some fruit. The stability I finally feel allows me to start to treat myself and my family to a better life. C) I am finally established and have built an empire out of an idea and some blood, sweat and tears. It may even be the right time to sell and cash in for the next phase of life, because I am financially ok to retire. D) I am potentially starting a second business or scaling up my current business because I have always imagined this type of growth. Business is my passion, and every year I get more experience to do it better.

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