This document provides 4 questions to guide an analysis of one's Personal Entrepreneurial Characteristics (PECs) which are important to assess before starting a business. It asks the reader to explain strategies to evaluate their own PECs, identify desirable traits for entrepreneurs, and discuss what insights can be gained from evaluating the PECs of successful entrepreneurs.
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Assessing PECs
This document provides 4 questions to guide an analysis of one's Personal Entrepreneurial Characteristics (PECs) which are important to assess before starting a business. It asks the reader to explain strategies to evaluate their own PECs, identify desirable traits for entrepreneurs, and discuss what insights can be gained from evaluating the PECs of successful entrepreneurs.
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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?