EPA – Entrepreneurial Personality Assessment
“Your personality and how well you manage it will have a greater impact on your overall business success than will your skills, education, knowledge, and experience”. Bill Wagner
INTRODUCTION
- A rare combination of persistence and a variety of personality traits are necessary to be successful as an entrepreneur. It takes an independent, self-motivated spirit, a rule-abiding nature (at least when it comes to adhering to the legal system), as well as people skills and networking abilities. An optimistic attitude can help overcome the setbacks that can occur in any business endeavor. Finally, an entrepreneur must be willing to take chances and handle the uncertainty inherent in risk-taking.
HOW WHAT & WHY
Although the paragraph above describes the ideal personality for an entrepreneur, there are a variety of styles of entrepreneurship. Your results will include a description of the style that most closely fits his or her responses on the questionnaire. This style is based on those found in Bill Wagner’s book, The Entrepreneur Next Door. The types identified in this book each have their own strengths and limitations. Reading about this individual’s type can give you insight into the environment in which you would thrive as an entrepreneur.
According to Bill Wagner, many successful enterprisers were often entrepreneurs as children. Common childhood “business ventures” include mowing people’s lawns and shoveling driveways.
Entrepreneurial Personality Assessment assesses seven scales quantifying the following traits:
- Self-sufficiency: Ability to make decisions and motivate oneself independently.
- Conscientiousness: Ability to be organized, efficient and dependable.
- Drive Orientation: Tendency to be competitive, driven, and impatient versus relaxed, laidback, and patient.
- Social Skills: Ability to relate easily and comfortably with people.
- Optimism: Ability to look on the bright side of things, even in difficult times.
- Risk-taking: Ability to take chances and handle the inherent uncertainty involved in taking risks.
- Networking Ability: Ability to make, maintain, and utilize social connections in order to achieve success in business.
CONCLUSION
EPA – Entrepreneurial Personality Assessment can be used for Personal Growth, Entrepreneurial Leadership Development, Skill Development and Pre Employment tool by companies has 60 situational self-reporting questions. This assessment can be completed in 10 minutes and it is recommended for people above 18 years. The report of this assessment will include a summary, introduction, graphs of the various scales assets with a detailed personalised narrative interpretation of the graph. Your strengths and limitations, your entrepreneur personality type in simple language for you to comprehend the assessment. Detailed advice from our experts aided by AI for you to be happy and successful.