What is the single most quality that every aspiring entrepreneur must have? It is the ability to foresee new opportunities and make use of it the right way. Opportunities are new business ideas, needs, wants, problems, and challenges that point to a market—to customers who would buy the innovative solutions that you create to meet the needs, satisfy the wants, solve the problems, or meet the challenges. The quiz assesses the ability one has to identify “entrepreneurial opportunities” and new business ideas. The user by answering a checklist can see the average score to the four (4) following areas:

1. Identifying entrepreneurial opportunities from the economic environment
2. Identifying entrepreneurial opportunities from the technological environment
3. Identifying entrepreneurial opportunities from the social environment
4. Identifying entrepreneurial opportunities from the political environment

Tool’s info

Type of tool: Quiz (questionnaire)
Entrepreneurial stage: I’m intending to start/I’m just starting
Time needed: 15 min
Frequency of completion: Occasionally
Business sector: Service, Manufacturing, Trade