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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

 
  Low Below
Average
Average Above
Average
High
Optimism—upbeat, positive outlook
 
 
 
 * 
 
Emotional Resilience—stable, hardy, emotionally resilient; able to handle work stress and pressure
 * 
 
 
 
 
Locus of Control—belief that work success stems from personal initiative and effort, not luck or fate
 
 
 
 * 
 
Social Networking—expanding one's business and/or social contacts by making connections through individuals
 
 
 * 
 
 
Self Promotion—promoting one's self and product or service to other people for business-related purposes
 
 
 
 
 * 
Competitiveness—trying to outperform business rivals, other people for business-related purposes
 
 
 
 * 
 
Goal Setting—regularly setting clear business goals and objectives
 
 * 
 
 
 
Work Drive—working long hours and extending oneself when needed to finish projects and meet deadlines
 
 
 * 
 
 
Tolerance for Financial Insecurity—ability to tolerate financial uncertainty
 * 
 
 
 
 
Adaptability—adaptable, flexible, and able to adjust work style to different conditions and situations
 * 
 
 
 
 
Autonomy—need for independence and autonomy at work, including not having a boss
 
 
 
 
 * 
Persistence—disposition to keep working on projects until completed, and persevere despite setbacks and obstacles
 
 
 
 
 * 
Predicted Personal Satisfaction
 
 
 
 * 
 
Predicted Potential for Success
 
 
 * 
 
 

Entrepreneur Index Personal Strengths for Bill Sample

 
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.
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.
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.
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.
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.
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.
Tolerance for Financial Insecurity
  • Conservative and careful with money, you work for a stable financial situation and prefer predictable sources of future income.
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.
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.
Entrepreneur Index Personal Weaknesses for Bill Sample
 
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.
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.
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.
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.
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.
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.
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.
Persistence
  • Your perseverance may occasionally blind you to the value of abandoning a losing project and cutting your losses.

Entrepreneur Index Overall Summary for Bill Sample

 
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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