E Personnel management 1 2 3 4 5

N • hiring employees
T
R • firing employees
E • motivating employees
P
R • general management skills
E Personal business skills 1 2 3 4 5
N
• oral presentation skills
E
U • written communication skills
R
• computer skills
S
H • organizational
I
Intangibles 1 2 3 4 5
P
• ability to work long and hard
S • ability to manage risk and stress
K
I • ability to deal with failure
L • ability to work with and manage others
L
S Total

• Examine each of the skills, listed in the chart. • Sum the numbers after rating your skills, and apply
the following rating scale.
• Ask yourself whether you possess some (or) all of the
skills.
• If your total is less than 20 points, you should
• Rate your skills in each area by circling the appropriate reconsider whether owing a business is the
number, based rating scale given below (Scale 1 -5) right step for you (< 50%).
• If your total is between 20 and 25, you are on
Scale 1 as low
the verge of being ready but you may be wise
Scale 2 as between low and medium to spend sometime for strengthening some of
your weaker areas.
Scale 3 as medium
• If your total is above 30, you are ready to start
Scale 4 as between medium and high
a new business now (> 75%).
Scale 5 as high

Employability Skills - (NSQF) Entrepreneurship Skills : Exercise 2.1.28

8

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