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Guy Kawasaki’s Entrepreneur Quotient
Guy Kawasaki, managing director of Garage Technology Ventures, offers his insights into the qualities and characteristics of entrepreneurs. We've borrowed the quiz from his blog.

Here's a quiz to determine your "entrepreneurial quotient." My intent is to test a person's knowledge of entrepreneurship. However, scoring high doesn't mean you're the next Steve Jobs, and scoring low doesn't mean you're not. Some answers are debatable, so there will be many comments. #10, in particular, is tricky so read it very carefully.

If you'd like to take an online version, go here on the Tickle site:

http://snipurl.com/eqtest

1. Your company is creating a new software product. The lead programmer has just shown you a working prototype and has promised that it will be done in six months. You should assume that it will really be completed in:

a. 3 months
b. 6 months
c. 12 months
d. 18 months
e. Shortly after money runs out

2. When you're starting a new company, you shouldn't be afraid of polarizing people with a new product or service that flies in the face of convention.

a. True
b. False

3. Patents are the main way to make your company defensible and able to withstand the challenges of competitors.

a. True
b. False

4. The foundation of a successful brand is:

a. Effective marketing
b. Evangelistic customers
c. Extensive advertising
d. Attractive packaging
e. An excellent product or service

5. Ultimately, who positions a product or service-establishing how customers will come to view it?

a. The company that makes it.
b. The company's advertising agency
c. The company's PR firm
d. The customers themselves
e. The press, and industry analysts

6. If you want your company to be successful, it's most important to strive for which objective?

a. To be the lowest cost producer
b. To be (...read more...)
[email this story] Posted by the editor on 03/22
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