1. What kind of a
person am I? What kind of a businessman will
a) Am I determined to
succeed at all cost, in business? How do
I react to
disappointment, obstacles, unforeseen
heartbreak and frustration. Do I keep on
trying, regardless? or do I give in? Am I
willing to start
over, if necessary?
Do I have a tendency to
put things off, to procrastinate?
Can I make quick
decisions, even if I don't have all the
facts? Do I tend to delay, before
doing the things I know must be
done? Do I always make excuses or
tend to blame others for my
Do I tend to distrust advice, am I a know-it-all, do I want
to be right always?
When I don't know, how do
I find out?
When I get advice, do I consider it or reject it, without
consideration? If I am wrong, do I
admit it or do I blame someone else? At
work, how do I accept
justified criticism? How do I react
to my wife's or my
friends' suggestions? In business, no one
is expected to know everything. It
is very important to
have an open mind to suggestions, new thoughts, criticisms
and advice. A closed mind is a short-cut to failure. When I must make a
decision, if I do not know what to do, am
I ready to seek and
accept advice, even if it means that I
must change course?
d) Am I a hard worker,
not afraid of long hours? Am I prepared
to put a lot of "sweat
equity" into my projects, at work or
at home, or in planning and starting my own business?
As an employee, am I the "9 to 5" type?
Am I able to put in the extra
effort and time to do an outstanding job or am I
content to "just earn my pay"? Do I accept
that the boss works harder than
employees? Do I tell myself: "If I worked
for myself, I would work much harder"? Am
I really sincere in saying this?
Is my choice of business compatible with what I like to do?
My choice was made to use my talents or only
because I envy someone doing well in this business? Do I feel comfortable
with my choice? Will the business and I go well together? Am I choosing a
business I know nothing about?
Is there, between me and the proposed
business, a basic incompatibility that
could jeopardize my success? If I am
allergic to certain chemicals, I should not choose a business
involved with painting, pesticides or insecticides.
Am I in good physical shape? The Romans used to say: "mens
sana in corpore sano - A
healthy mind in a healthy
body." If I am not in good shape, can I exercise to get into shape?
Do I participate in
sports? regularly or occasionally? I
must realize that my mind
will function better, if I am in good physical
2. How is my mental attitude? Am I nervous, impatient,
do I like people, am I a loner? Mental
attitude means just that, as it will influence the way
I will manage my business, later on. If I notice certain
weaknesses, I will heed them, as I do not
want to choose a business where I
may be unhappy or one that I will be incompatible with.
I am nervous. Can I start a business in the
handling of explosives? Can I
work with precision?
I am impatient. Can I really run a daycare
centre or a home for the aged?
Can I tolerate a
partner? Employees? Clients?
I tend to be depressive. I will choose a
business where I am not exposed to the
problems of others. It
will be particularly important that
I choose a business that I like.
I dislike to be around people. Maybe gardening or some
physical type of business is more
suited, for me,
than a boutique or a sales agency.
I am a loner. Will I be able to get along with employees or colleagues?
Should I avoid a partnership? A service business is
more suited for me than a business where I will need
employees or associates.
Do I like or need
How much human contact in
a regular business day do I honestly require? My business must
reflect my choice. Do I have, in myself, a talent or a strength that is
essential to my well
being and that I must not neglect?
there, a weakness that could jeopardize my
success? Can I work around it?
The foregoing questions about myself are not comprehensive and
only I know what questions are relevant to
my project. From my answers, I will find
my strengths and push them, I will also
find my weaknesses and look for solutions.
I can compensate for my weaknesses
by seeking a partner who has the strengths I
lack, or, I can train myself to minimize
these weaknesses and turn them into advantages.
3. What does my wife think of my project? My family? My relatives?
My wife, my children and my relatives are my most precious
assets in life, I must consider their attitude.
a) Have I consulted my
wife on my project? Is she 100% behind
me on this? Does she
have some misgivings or reservations?
Have I really explained my project to her?
Have I taken her advice? Am I ready to do
so? How do my wife and I get
along? Great? Poorly? Are we on the verge of separation or
divorce? If we do, how is it going to affect my project? What does
my lawyer say?
b) What about my children? Are
they old enough to help? Will they?
c) My relatives? What do they
think of my project? Have they offered help, advice, criticism?
d) My friends? What has been their reaction to my project?
Positive or not? Have they offered help?
Could I count on them?