Directions: Answer the following guide questions on a 1/2 sheet of paper.

1. Explain the importance of assessing one’s PECs before

engaging in a particular entrepreneurial activity.
2. Are there other strategies or approaches where you can assess
your PECs? Explain how these strategies will become more
useful in selecting a viable business venture.
3. What are the desirable personal characteristics, attributes,
lifestyles, skills, and traits of a prospective entrepreneur? Why
are these important?
4. What is the significance of evaluating PECs of a successful
entrepreneur? What helpful insights can you draw from this
activity?