Step 2: The Entrepreneur

A. Do you fit the profile of an entrepreneur?

Do you have the following characteristics?

  • Leadership, independence, vitality, perseverance, stress management, self-confidence, communication skills, ability to adapt, integrity, reliability, realism, optimism, and willingness to take risks.

Do you have the following motivations?

  • To create your own career, to create other jobs, to be your own boss, to lead, to reach your goals, to face challenges.

Some things to think about:

  • Are you ready to make sacrifices in your personal life in order to ensure the success of your business?
  • Are you ready to earn less money while your business is in development?
  • Are you prepared to work long hours without knowing how much money you will earn in the end?
Answer the online questionnaire “Entrepreneurial potential self-assessment?” at www.bdc.ca.

B. Do you have a strong support system?

Identify your potential allies:

  • Network of contacts, family, friends, and business people.

C. Do you need further training?

Should you get more education or training?

  • Management, accounting, marketing, starting a business, etc.?

Do you have the means and ability to invest in your business?

  • Identify partners who could invest (time, money) in your business.
  • Evaluate your investment capacity.