
Typically the area that receives the biggest scrutiny from a VC is the team. “We’re finding that one of the biggest challenges of entrepreneurs/start-ups is getting venture capital or angel investors. The Prevue team also believes its assessment may just improve the odds of a startup securing venture capital. And as staffing your company becomes critical to growth, incorporating an assessment into your hiring process can lead to smarter hiring decisions. When it comes to budding entrepreneurs, the Prevue entrepreneur assessment “can give you an idea of how you’ll respond, engage, and handle the stress of starting a business,” says Barr. Companies such as Honda and 3M have used Prevue to find and hire employees.
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Prevue HR Systems measures abilities such as learning speed plus interests, motivations, and personality, says Nathaniel Barr, the company’s marketing coordinator.
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“It’s a good starting point, but without some advice around the results, it might mean some potential superstar entrepreneurs may not pursue the career, and wannabes jump in and quickly fail.” Munro’s advice? Seek a professional to help understand the 93-question MBTI self assessment from an entrepreneurial standpoint. “The danger of using just one tool and getting just one opinion is that a person’s hard-wired personality is just one dimension of what a successful entrepreneur would be,” advises Malcolm Munro of Total Career Mastery. “If you learn about your unconscious blind spots, energizers, and energy drainers, you can use this knowledge to gain an edge over your competitors.”īut be warned: MBTI is just one evaluative instrument. “The MBTI indicates your likely patterns in gathering information, making decisions, managing your energy, and interacting with the outside world,” says Long. Long has administered and interpreted more than 2,000 tests in her 18-year management consulting practice and is also a past president of the Association for Psychological Type International.

About 1.5 million people take this tool each year, says Jennifer Selby Long of The Selby Group. The Myers-Briggs Type Indicator, based on Carl Jung’s theory of personality, is one of the better-known instruments. The more everyone understands each other, the better off you'll be! 1. We recommend taking a few, and also encouraging partners, employees, and even family members to take them, too. We've explained nine in this post, but there are many others that might suit you better. Help you choose who to hire to recognize your strengths and weaknesses.

Help you recognize when you're in over your head and need help. Help your employees understand what motivates and drives you. Help you understand how you work best, so you can make appropriate changes. Assessing yourself with professional self assessment tools can: Even though you've been with yourself your whole life, it's hard to pinpoint your qualities. If you're starting or leading a company, it's beneficial to know yourself inside and out. Entrepreneur Self Assessments: What You Need to Know As you gain self-knowledge, you will have more insight into how you can perform at your best, plus how you can help others excel, too.

They can help you identify strengths and weaknesses, hire the right people, and build better teams. Taking one of these entrepreneur self assessments can do a lot more than help you choose a career path. But there are a number of fascinating personality tools that can help you answer that question. Now there is a personality assessment that will tell you the answer!Īlright, just kidding. Every successful entrepreneur has asked themselves at one point or another, “Did I make a mistake? Should I even be trying to start my own business?” The road of entrepreneurship can be difficult at times, to say the least.
