Holy Kaw!

All the topics that interest us.

Harvard develops test to identify entrepreneurs

Media_httpdldropboxco_hzlxm

Researchers at Harvard formulated a simple, inexpensive, and efficient way to test the skills of a would-be entrepreneur in an emerging market like Nairobi or Lima. The computer-based psychometric test, which asks about 150 questions, asesses traits like honesty, ethics, intelligence, and motivation. See three question examples below:

  • Do you like taking things apart to see how they work?
  • Do you enjoy going to parties?
  • Given five seconds, how long a sequence of numbers can you memorize?

If the startup champ-to-be’s questions add up, it’s then safe to say that individual has a better chance than most of running a successful small business in a developing economy. 

Full story at BusinessWeek.

More on startups.

Photo credit: Fotolia

Posted by

1 Comment

  • ProfitHere

    I have yet to see a test other than the Woodsmalls which is about 98% – 100% accurate, that were over a 60% accuracy rate which means that they have a 40% error rate. So, color me skeptical. And the Credit scores are a joke when it comes to Entrepreneurs because of the debt to income ratios when doing a start up.

Leave a Reply