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Take the Entrepreneurship Test

by: Guy Kawasaki

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Scott Shane of Case Western recently published The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By. In the book, he bursts many of the bubbles of entrepreneurship in America.
Says he, “People start businesses based on the myths we tell ourselves about entrepreneurship and then are hurt when confronted by reality. Investors believe these myths and invest money and they’re disappointed when they don’t hold true. Policy makers make policy based on these myths and then wonder why the economy isn’t growing with all these entrepreneurs now in it.” If you think you already really know the scoop about entrepreneurship, try taking his test. If you score less than 80%, maybe you should buy the book. I scored a whopping 40%.

Original Post: http://blog.guykawasaki.com/2008/01/take-the-entrep.html

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2 Comments

AM Corona said:

Woohoo.... I scored a 45.

Not sure how the quiz will make me a better business owner though.

Only reason I knew about Wyoming.... Nevada and Delaware were missing. Out of those three had the most firm formations :-)

Interesting take on entrepreneurship based on the questions asked in the quiz.

It's important to have a basis for historical and statistical data, but at the same time I'd argue that it doesn't necessarily make you a good risk taker.

There was a book a while back that made an argument that entrepreneurs are B students. They tend to do a lot of things kind of well. A students are the perfect managers because they tend to obsess and do one thing really well.

Hence, in the end, I think that it's necessary to have a basis of whats possible. At the same time I'm not so sure that "What percentage of U.S. households owned a business in 1983 and 2004, respectively?" is going to be a B students highest priority.

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