5 Stages Of Entrepreneurship Quiz

7 Questions | Total Attempts: 271

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5 Stages Of Entrepreneurship Quiz

Growth takes time, and this is no different from starting a business. When you choose to open your own business, some steps are has to go through so that it can either succeed or fail. The ability to grow your business depends on its foundation. This short 7 question quiz will help you to determine what stage of Entrepreneurship you are at.


Questions and Answers
  • 1. 
    1. When it comes to a “Day Job” I:
    • A. 

      A. Am in a day job or corporate career and wondering about starting my own business

    • B. 

      B. Have been laid off or left my old job and pursuing a new business or network marketing venture

    • C. 

      C. Wonder if I need to get one again to make ends meet as I am feeling cash crunched by my business

    • D. 

      D. Know there is no turning back and even when things get rough I don’t consider a regular job anymore, I prefer to learn more about growing my business instead

    • E. 

      E. No need for a day job, my business has several lines of income and I am thriving!

  • 2. 
    2. My work / life balance is:
    • A. 

      A. I have a well distributed team and that enables me to focus on my genius work, what I enjoy the most and do the best. I have fun working at what I love but also have a good deal of free time to do other things I enjoy with friends and family

    • B. 

      B. I have more clients than I know what to do with. I need a team of some sort to help me or have a small team but need more quick!

    • C. 

      C. I am juggling a lot of planning activities for my business and learning what needs to be done. Have a few clients but not enough.

    • D. 

      D. I have been laid off or quit my job but am spending a ton of time researching and planning, taking classes and getting certifications in my new field

    • E. 

      E. Total work at my job, thinking of or trying to start a business and feeling that my job takes up the majority of my time

  • 3. 
    3. My client / customer list is:
    • A. 

      A. Non-existent yet, not even quite sure what that is

    • B. 

      B. I have a small group of people who know what I do and think that I am really good at it. I barter with them and others for my services sometimes. Wonder if I could or should be charging now.

    • C. 

      C. I know I need a bigger list. It seems like the clients I do have are draining or not the right fit.

    • D. 

      D. I know who my ideal client is and implement several list building activities to add to it. My business is definitely growing in the right direction, now I need more of the same.

    • E. 

      E. I have a very large list of Ideal clients and have started to segment them into sub categories to get even more aligned and relevant with what they need. My business is also seen as a desirable candidate for joint ventures, advertisers and media partners

  • 4. 
    4. My Marketing Strategy is best described as:
    • A. 

      A. I have a multifaceted marketing plan and several budding income streams, now I am looking for refinement and dynamic new growth.

    • B. 

      B. I have a pretty good marketing plan, need more dollars to implement all of the pieces, but am well on my way to pulling it all together step by step.

    • C. 

      C. I totally get the basics of marketing, feel overwhelmed by the options sometimes, but know that my business needs a plan that works now. I am willing to do what it takes to learn and implement more.

    • D. 

      D. Do I have to? It feels really uncomfortable to go out and have to sell people on what I do. I prefer to rely on referrals and hope people will kind of get what I do and my passion for it and just come to me that way.

    • E. 

      E. Marketing? What’s that?

  • 5. 
    5. Social Media
    • A. 

      A. Is best used to communicate with friends and family. I am leery when people I don’t know try to friend or follow me.

    • B. 

      B. I would rather not spend time figuring out the ones I don’t use for fun like Twitter. It seems like too much work and I am not sure how it would fit into what I want to do.

    • C. 

      C. I definitely use social media to expand what I am doing for my business, but not sure how to maximize it and find more friends/followers who would be interested in doing business with me.

    • D. 

      D. I have a full social media plan and have separate accounts on facebook and twitter for business and personal use. I am well on my way to building a solid business following of Ideal Clients with social media.

    • E. 

      E. I have a full social media plan and thousands of friends/followers who regard me as a resource/expert in my field. I would like to be able to further monetize what I am doing with social media and driving traffic to my blog, website and sales channels.

  • 6. 
    6. What best describes where you are at right now
    • A. 

      A. I have a multifaceted enterprise with several lines of income that are in place. My business is definitely on the map. I would never consider going back to a day job!

    • B. 

      B. I have a business and it is covering it’s own expenses and my bills, but it is time to be more efficient, and add more lines of income that don’t require me to work even more hours. I need more team!

    • C. 

      C. I have a business and trying to get it to make money. I need clients and cash!! Hope I don’t have to get a regular job again. I have considered freelancing to make ends meet.

    • D. 

      D. I have a hobby or pastime that I would like to turn into a business. I work part time at it or I have been laid off and trying to figure out how to make money at it before my savings or other income runs out.

    • E. 

      E. Working a regular / corporate job but wondering if maybe there is a way to work for myself and replace the money I am currently making.

  • 7. 
    7. Which best describes how you feel about your business now?
    • A. 

      A. Restless and ready for change.

    • B. 

      B. Resistant and a bit worried but hungry for more information.

    • C. 

      C. In an uphill climb but there’s no turning back now.

    • D. 

      D. Masterful and wanting more even thought the volume of work is tremendous.

    • E. 

      E. Ready to go global! The world is my oyster!

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