Waterloo Region Assets Program

Start your small business with the help of Waterloo Reion Assets+ Project!

Date

September 09, 2010
Understanding Your Personal Profile PDF Print E-mail

Understanding Your Personal Profile

What do I need to think about before I start my own business?

  • Am I the type of person to own and operate my own business?
  • Do I have the knowledge necessary? How much income do I need to survive in the first years?
  • How much income will this business generate?
  • Do I have a product/service that people want?
  • Are there already too many people doing this?
  • Where will I get the money to start the business?
  • Am I prepared to work the long hours it takes to build my business?
  • Can I do it by myself or will I need employees?

What are my commitments?

  • What level of attention will I need, can I give to starting a new business?
  • List all the commitments in your life, including personal and business. On a scale of one to ten, where would you place your various commitments?
  • Where do you place your commitment to start a new business?

Am I Business Ready?

1. I have no problem keeping my checkbook straight.

Agree Disagree
1 2 3 4 5

2. On days that I have a lot to do I have no trouble getting everything done.

Agree Disagree
1 2 3 4 5

3. When someone comes to me with a problem I can usually figure out a solution.

Agree Disagree
1 2 3 45

4. On days when I have more to do than I know I can handle I have no problem asking for help.

Agree Disagree
1 2 3 4 5

5. Or just assigning duties to others.

Agree Disagree
1 2 3 4 5

6. When faced with problems "down-the-road" I am able to plan for them and then carry out that plan.

Agree Disagree
1 2 3 4 5

7. I have no problem communicating to others what I want done. (They usually understand what I want)

Agree Disagree
1 2 3 4 5

8. I enjoy working with numbers and interpreting what they mean.

Agree Disagree
1 2 3 4 5