Midlife Entrepreneur Readiness Assessment How Ready Are You to Start a Business after 50? Below are several categories for you to consider as you assess your readiness to start a business of your own. For each category, give yourself a rating of 1-10 by clicking your selected number. When you complete all the questions, you’ll find out your overall score and its implications by adding all your ratings together. Name Email Business Idea Do you have a specific business idea in mind at this moment? Or do you have any special interests or hobbies that might be developed into a business?1 = No, Not at All2345678910 = Yes, DefinitelyMoney Matters Do you understand what your financial situation is now, and what it will be in 5, 10, or 20 years? Do you know where the money for starting your new business is going to come from?1 = No, Not at All2345678910 = Yes, DefinitelyWorking After 50 Are you in good enough health to continue working after 50 as an entrepreneur or business owner?1 = No, Not at All2345678910 = Yes, DefinitelyFamily Obligations Do you feel you can handle current or expected family caregiving responsibilities that will affect your schedule?1 = No, Not at All2345678910 = Yes, DefinitelySpousal or Partner Support Do you have the support and agreement of your Spouse or Partner for starting a business? Use “10” as your rating if you’re single and making an independent decision.1 = No, Not at All2345678910 = Yes, DefinitelyReTooling How confident are you that you currently have the skills and knowledge you need to start a business?1 = No, Not at All2345678910 = Yes, DefinitelyResilience How good are you at coping with change, and adapting to life’s challenges after 50?1 = No, Not at All2345678910 = Yes, DefinitelyConnection & Belonging How strong is the fabric of your family and social connections to support you on an entrepreneurial journey?1 = No, Not at All2345678910 = Yes, DefinitelyEntrepreneurial Life Do you know what kind of life or lifestyle you want (or need) after 50, and understand how having a business will support you in achieving that?1 = No, Not at All2345678910 = Yes, DefinitelyImportance to You How important is starting a business to you and your financial future?1 = No, Not at All2345678910 = Yes, DefinitelyTime is Up! We collect, use and process your data according to our Privacy Policy.
