Hi everybody. So this is the next one on our advanced personality testing program
which is called employee entrepreneur test. This is very interesting because
especially for the young adults, for the young teenagers, young ones who are
graduating, fresh graduates, they are uncertain about whether they are
suited to an as an employee or as an entrepreneur. However it may be graduates
of any kind. This will be very crucial for them to take this kind of a test.
Why? Because every kind of profession, whatever you are in these days in 2022 has
an opportunity for them to be either self-employed or like an entrepreneur
or they can be employed in an institution of some kind. So it's very important to see and
let's see what the crucial aspects are. This will bring out some crucial aspects. This testing is
exposing to the individual where their areas are with respect to inclinations,
will it serve them better in their lives to be employed or to be having the business of their own.
What is an employee entrepreneur testing about? I made some three points here.
At an early stages of youth as young adults, we are talking about the age group of 18 to 30 years old.
Many of us think about whether we could be good as an employee or as an entrepreneur. It's very
important to know the psychological differences. To help understand this better, a simple test
will give you where you are now on that scale. It's always a scale. It's always shades of different colors.
Again, this is a scale, nothing to do with good or bad. Just a profile of what areas of
personality would need to tweak, especially if you want to become an entrepreneur. No point in
sinking all your money and all your energy and time into something where you are inherently not
good at. Let's see how it fairs. See a sample report now. A sample employee
entrepreneur report by chart will look like this. Either you're an employee or an entrepreneur.
This person's results showed his 222 score on entrepreneur, which is very high entrepreneurial
qualities about them. They can be even employed, but they should be given a lot of independence in
their work. They tend to think and work independently. And he's got only 92% of employees who wouldn't
make a very good employee. If they want to choose to go to business, this is very ideal. Okay.
Some differences between employees and entrepreneurs. We are talking about mindset. We are talking about
psychology and personality inherent traits here. Okay. Qualities. Employees tend to seek direction.
Well, entrepreneurs create a path. Employees tend to seek help when a problem arises at work.
Entrepreneurs create the solutions that keep the organization moving forward. So you get the energy
of how one chooses to focus. Okay. Employees take fewer risks while entrepreneurs live for them.
By doing things the safest way can actually be good for the organization. It takes a risk
tolerant and entrepreneur to believe in and build an organization in the first place. Employees tend
to take lesser risks. Okay. Employees are often specialists while entrepreneurs are generalists.
Entrepreneurs need to know a little bit about a lot of things in part so they can empower the
specialist employees who work for them. In fact, a Swiss German study found that specialists tend
to be employees for life and in fact prefer that role. Employees get paid for their role while
entrepreneurs get paid for results. Entrepreneurs are sometimes the last to get paid in a company
because their compensation is tied directly to the performance and profit of the company as a whole.
Some differences between employees and entrepreneurs. Some more continued. Employees follow rules
while entrepreneurs break them. It's a strange paradox but to create successful business
and entrepreneur has to disrupt something. These are the change makers. Break a rule or change the
game or the nature of the game. But in order to keep the entrepreneurs company going, the employees
need to be there to uphold a new status quo. Somebody has to hold the ground while the
entrepreneurs trying to run with the idea. More like employees are implementers while
entrepreneurs are the designers. Entrepreneurs improve their skills. Employees improve their
weaknesses. Entrepreneurs may produce lousy work. Employees are perfectionists. Entrepreneurs thrive
on risk. Employees are wide-ed. Employees are threatened by smarter people. Entrepreneurs hire them.
Employees dream about freedom. Entrepreneurs enjoy freedom. Employees trade time for money.
Entrepreneurs create value for money. Huge one there. Employees wish to be the smartest person
in the room. That's why that much competition goes on in corporate environments between employees.
They wish to be the smartest. Trying to outsmart everyone. Entrepreneurs wish to be surrounded
with people who are smarter than them. They are the constant learners.
Work-life balance is a major difference between an entrepreneur and an employee. Many
employees try to balance their commitment to the job without the commitment to their families and
personal life. Running your own business requires accepting that you can't balance everything.
Some parts of a life are going to suffer or disrupted or compromised compared to work.
If balance is more important to you, think carefully before launching your own business.
You are better off as an employee. If you think I want all areas of my life balanced,
typically this is not your first choice to become an entrepreneur because it is going to be disrupted
a lot in the beginning. Risk is another big difference. Some employees find the risk of going
without a steady paycheck, a monthly paycheck or a health coverage frightening. Some feel it is their
duty to support their family. Familiar ties makes them gambling or on entrepreneurship an
unacceptable choice. They don't want to gamble away their time with their family, their children,
this social situation for the sake of a kinder vision. They are safe in their comfort zone.
The people who become entrepreneurs accept this gamble. Some of them thrive on uncertainty.
So as you can see, this makes a huge difference if you know these points, which the results of
this test will give you. And how best you can decide if you do want to jump into entrepreneurship.
Well, these are all the risks associated. This is how I need to change my thinking pattern.
This is where I need to change my thinking pattern and explore that. Maybe read some books,
maybe attend some seminars, conferences, etc. Try to tune yourself as a result of this test,
going forward into where I need to tweak or where I am comfortable. If you are comfortable being an
employee, be comfortable being an employee. There is nothing wrong with anything. It is not a wrong
or right picture here. It is just what suits your personality the best.