PracticalNo.

: 04
Title of Practical : Undertake self assesment test to discover your
entrepreneurial traits
.
Nameof Student: FarhanKhan RollNo : 06

Here's a self
-assessment test to discover my entrepreneurial traits.

Comfort with taking risks: Entrepreneurship often involves stepping into the unknown and taking
calculated risks. Being comfortable with uncertainty and the possibility of failure is essential for
entrepreneurial success. Rate yourself based on your willingness to take risks in pursuit of your
goals.

High motivation and self

-drive: Entrepreneurs are typically highly motivated individuals who are
driven by a strong sense of purpose or passion for their work. They are proactive in pursuing their
goals and are not easily deterred by setbacks or obstacles.

Problem-solving and creativity: Successful entrepreneurs are adept at identifying problems and
finding innovative solutions to address them. They think outside the box and are not afraid to
challenge the status quo.

Resilience: Entrepreneurship can be a rollercoaster ride with many ups and downs. Resilience is
the ability to bounce back from failures, setbacks, and rejections. It involves staying positive,
learning from mistakes, and persevering despite challenges.

Comfort with uncertainty: The entrepreneurial journey is inherently uncertain, and success is
never guaranteed. Entrepreneurs must be comfortable operating in an environment where
outcomes are unpredictable and plans may need to change rapidly.

Leadership skills: Entrepreneurs often find themselves in leadership roles, whether leading a team,
managing projects, or inspiring others with their vision. Strong leadership skills involve effective
communication, decision
-making, and the ability to motivate and empower others.
Resourcefulness: Entrepreneurs often have to do more with less, especially in the early stages
of building a business. Being resourceful means finding creative ways to overcome challenges,
leveraging existing resources, and making the most out of limited resources.

Passion and persuasion: Passion is what drives entrepreneurs to pursue their goals with
unwavering determination. They are able to communicate their vision and ideas persuasively
to others, whether it's convincing investors, customers, or team members to buy into their
vision.

Openness to learning and adaptation: The entrepreneurial journey is a continuous learning

process, and successful entrepreneurs are always open to new ideas, feedback, and
opportunities for growth. They are willing to adapt and evolve their strategies in response to
changing circumstances.

Opportunity recognition: Entrepreneurs have a keen eye for spotting opportunities where
others see obstacles. They are able to identify unmet needs, gaps in the market, or emerging
trends and capitalize on them to create value.

Marks Obtained Date & Sign

Process Related Product Related Total

(10) (15) (25)