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Entrepreneur Index Report for Bill
Sample
Welcome to your Entrepreneur
Index Feedback Report, based on the Entrepreneur Index
Inventory that you just completed. Its carefully designed
questions measure the personality traits critical to effective
performance and personal satisfaction as an entrepreneur,
self-employed professional, or small business owner. Thousands
of individuals representing hundreds of organizations nationwide
have taken the Entrepreneur Index Inventory over the past
10 years . The results in this particular report are based on a
validation study of entrepreneurs and self-employed small
business owners. The trait dimensions are well established,
statistically reliable, and valid for a broad cross-section of
industries.
Your Feedback Report shows
your personal results on each of 12 key trait dimensions with
score values ranging from low on the left side to high on the
right side. Assuming you answered the questions candidly, your
results reliably indicate your personal style on each dimension.
In addition, the final two dimensions are based on statistical
analyses and show what your scores are in terms of: a) predicted
satisfaction in an entrepreneurial, self-employment, or small
business owner role; and b) predicted financial success in an
entrepreneurial, self-employment, or small business owner role.
The 12 traits appear in order of
importance, starting with the most important ones for predicting
satisfaction and success. Your scores indicate how you
compare with successful and satisfied entrepreneurs and
self-employed individuals: Low, Below Average, Average, Above
Average, or High. For all dimensions, higher scores are better
in terms of likelihood of being associated with personal
satisfaction and business success.
The feedback applies to
entrepreneurs, self-employed professionals, and small business
owners who scored approximately the way you did on each trait.
While some of the statements may not apply exactly to you,
others should fit you very well. For the parts that don't seem
to fit, consider asking a friend whether you're missing
something. If some descriptions still seem off the mark,
concentrate your efforts on those that are clearly on target.
You may want to use this report
as a planning tool before you choose to become an entrepreneur,
self-employed professional, or small business owner. For
example, this report provides an estimate of your chances for
personal satisfaction as well as business success. It also
provides information about your relative strengths and
weaknesses which may be helpful for you in terms of
self-understanding and identifying areas for improvement. It
should be noted that this report is based solely on personal
traits, which in turn is based on your self-reported answers.
This report does not take into account a variety of other
factors which can affect satisfaction or success as an
entrepreneur, self-employed professional, or small business
owner such as your financial situation, the type of business you
are considering, the type of competition you would be facing,
and your own health and psychological status.
If you are already working as an
entrepreneur, self-employed professional, or small business
owner, this report may be helpful to you in understanding your
personal strengths and weaknesses compared to others in similar
roles.
In either case, this report will
give you the greatest value if you keep an open mind as you read
it. It is best to read the whole report, slowly. |
Entrepreneur Index Results Profile for Bill Sample
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Low |
Below
Average |
Average |
Above
Average |
High |
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Optimism—upbeat,
positive outlook |
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Emotional Resilience—stable,
hardy, emotionally resilient; able to handle work stress and
pressure |
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Locus of Control—belief
that work success stems from personal initiative and effort, not
luck or fate |
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Social Networking—expanding
one's business and/or social contacts by making connections
through individuals |
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Self Promotion—promoting
one's self and product or service to other people for
business-related purposes |
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Competitiveness—trying
to outperform business rivals, other people for business-related
purposes |
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Goal Setting—regularly
setting clear business goals and objectives |
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Work Drive—working
long hours and extending oneself when needed to finish projects
and meet deadlines |
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Tolerance for Financial Insecurity—ability
to tolerate financial uncertainty |
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Adaptability—adaptable,
flexible, and able to adjust work style to different conditions
and situations |
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Autonomy—need
for independence and autonomy at work, including not having a
boss |
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Persistence—disposition
to keep working on projects until completed, and persevere
despite setbacks and obstacles |
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Predicted Personal Satisfaction |
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Predicted Potential for Success |
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Entrepreneur Index Personal Strengths for Bill Sample
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Optimism
- With a positive outlook in
most situations and a fairly optimistic disposition, you
tend to expect good results in your work and business.
- You usually try to look for
the best in people, and often manage to avoid pre-judging or
forming negative preconceptions.
- You will not usually become
demoralized by setbacks and problems.
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Locus of Control
- In most situations you view
your success as a result of your own effort, initiative, and
competence, so you usually take responsibility for failures
and accomplishments as an entrepreneur.
- When business goes badly you
rarely blame others, and you typically try to look for ways
to improve your own skills and satisfaction by controlling
events around you.
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Social Networking
- Moderately outgoing in some
conditions and somewhat reserved in others, you can develop
contacts for business networking if you see benefits and
focus your attention on connecting with people.
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Self Promotion
- In business situations, you
confidently and energetically promote your personal
capabilities and persuasively alert others to the high value
of your services.
- In informal social
situations you readily capitalize on opportunities to inform
people about your business.
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Competitiveness
- Your results show that you
have a moderately competitive personal style and fairly
strong motivation to out-perform your peers.
- Your personal need to
compete may, at times, motivate you to seek opportunities to
compare your performance with that of your peers, such as
professional conferences and expositions, which can also
help build your knowledge and skills as well as let others
know how well you are doing.
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Work Drive
- With an average work drive,
you work hard enough to meet reasonable demands of your
work, even if you sometimes have to work a few extra hours.
- You have the motivation to
get your work done, and ordinarily meet your deadlines as
long as they don't interfere with the rest of your life.
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Tolerance for Financial Insecurity
- Conservative and careful
with money, you work for a stable financial situation and
prefer predictable sources of future income.
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Autonomy
- You are self-reliant and
autonomous. You enjoy working independently and function
very effectively without supervision or having to work as
part of a team.
- In situations that call for
quick decisions, you can comfortably move ahead with no need
for external validation or approval from others.
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Persistence
- Your style is to keep
working on tasks and projects until they are completed. You
have a strong, personal determination to finish what you
start, despite obstacles and setbacks.
- Your tenacity can enable you
to out-distance less persistent competitors.
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Entrepreneur Index Personal Weaknesses for Bill Sample
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Emotional Resilience
- Results show that even mild
stress or pressure from business can overwhelm you and leave
you nervous, anxious, worried, or over-emotional.
- Easily de-stabilized by
hectic or difficult work conditions, you tend to exhibit
physical symptoms of stress and recover slowly.
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Social Networking
- Because social networking
doesn't come naturally to you under some conditions, you
probably miss opportunities to make contacts – especially in
informal gatherings and casual occasions for leisure.
- Especially during the
initial stage of developing your business, you may need to
develop a more extensive social network which you can use
for new ideas, generating leads, learning about your
competition, developing alliances, and social support. You
may need to make more effort to have business lunches,
attend conferences and workshops, or participate in business
clubs and community organizations.
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Goal Setting
- Your goal-setting behavior
is below-average. It is not something that you give much
attention to or do regularly and systematically.
- The goals that you do have
may be too vague, poorly defined, not written down,
unchallenging, or unrealistic.
- They do not help you focus
on what you need to do to be successful as an entrepreneur,
so your performance at work and in business may, at times,
lag behind that of your better organized peers and
competitors.
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Work Drive
- You may pass up some good
business opportunities which your competitors would pursue
because they seem to require too much time and effort.
- At times you may feel
reluctant to work the long hours and weekends often needed
to achieve success as an entrepreneur.
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Tolerance for Financial Insecurity
- Results show that you have a
below-average tolerance for financial insecurity, so when
you confront unpredictable prospects for future income–
common for self-employed entrepreneurs – you may, at times,
feel significant anxiety about your financial well-being.
Your challenge is to try to develop enough tolerance for
financial insecurity that it does not lower your personal
quality of life or your work effectiveness. This may require
either, some psychological adaptation on your part to feel
more comfortable with the uncertainty or working hard and
achieving enough business success that you feel financially
secure.
- Faced with a very promising
but financially uncertain business opportunity you probably
would decline to invest, even though it could bring success.
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Adaptability
- You are likely to have
trouble dealing with the changing conditions often
encountered in entrepreneurial work that require adaptive
responding and flexibility in solving problems.
- You may need to work more
effectively in unstructured situations where there is much
ambiguity. This may be especially difficult if you have
previously been working in organizations where there is a
lot of structure in the form of company policies and
procedures and well-defined job duties.
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Autonomy
- Your independent style can
sometimes lead you to make decisions on your own that might
have benefited from more consultation with or input from
others.
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Persistence
- Your perseverance may
occasionally blind you to the value of abandoning a losing
project and cutting your losses.
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Entrepreneur Index Overall Summary for Bill Sample
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The results
of your assessment indicate that you are likely to experience an
Above-Average level of personal satisfaction in a
self-employed , entrepreneurial role. Based on our research on
success in entrepreneurship and self-employment, your estimated
level of financial success in an entrepreneurial or
self-employed role is Average.
Bear in mind that the accuracy of
these predictions is probabilistic and ultimately depends on a
number of other factors such as your product, your potential
competition, the state of the economy, and your personal
resources and constraints, to name but a few. If you are
considering whether to pursue becoming an entrepreneur or
self-employed professional, you may want to take into account
both of the above factors before making a final decision. In
addition, you may want to focus on both your Strengths and
Weaknesses as areas to consider before making a decision, and,
in the case of Weaknesses, as areas for personal improvement
should you decide to go ahead.
In any event, we extend our best
wishes to you for your career future! |
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