EntreMetric's EQA is an online assessment that provides quantitative information about how well the assessment taker's entrepreneurial mindset aligns with successful entrepreneurs in five statistically derived areas. The EQA report contains statistical and written feedback about the assessmsent taker's entrepreneurial mindset. The assessment is a useful tool to assess people and programs interested in entrepreneurial mindset such as students and academic programs, companies wanting to understand their intrapreneuship culutre, start-ups, incubators and accelerators, small business lending, and leadership programs. Our clients include people interested in learning more about themselves, SBA Small Business Development Centers (SBDCs), lending agencies, incubators, educational programs and universities.
The EQA can provide quantitative information about how well you align with successful entrepreneurs in five statistically derived areas. These factor areas include an amalgam of characteristics such as perseverance, self-efficacy, business acumen, leadership, judgment and decision making, and risk tolerance.
After the assessment is taken and submitted, all the results are scored by a sophisticated form of statistical analysis.Read More
Prior to giving the assessment to the general public, EntreMetric selected 400 known successful entrepreneurs to take the EQA.Read More
After the assessment is taken and submitted, all the results are scored by our patented statistical analysis.Read More
From the article: Entrepreneurial Mindset Assessment Reviews
The Validity is High; items were derived based on feedback from 400 entrepreneurs. Individual scores are referenced against the means of entrepreneurs who have completed the instrument. The Instrument is proprietary. The Developers are associated with the KEEN network at Bucknell. Individual results on each factor are compared to mean results of the entrepreneur reference group. This scoring technique is unique and increases the instrument’s validity and credibility.Gary Lichtenstein Author
The CSIU developed an “intrapreneurial” group made up of selected members of our staff. We were looking for a professional development tool that would not only help our employees with their quest, but also help management assess the talent and attributes needed to be successful. We found that with the EntreMetric assessment tool. In addition to having a hands on exercise that the employees could use, we also found the presentation to the group before and after taking the tool to be extremely beneficial.John E. Brenchley Chief Innovation Officer
The EntreMetric entrepreneurial assessment tool is an invaluable resource for our technology incubator. It’s one thing to have our members state their propensity for risk, business acumen, and leadership abilities, with EntreMetric we finally have an effective and unbiased tool to accurately measure it. EntreMetric allows us to engage our members at a higher level, in a timely manner while ultimately identifying the key resources they desperately need for their business growth.Dennis Hummer StartUp Lewisburg, Manager
Why start EntreMetric? We started this company because of the distressing failure rates of Entrepreneurial startups (80% within the first 18 months). A large fraction of the world’s workforce is made up of entrepreneurs or those working directly for entrepreneurs. A reduction of as little as 3% in failed ventures would not only save enormous sums of money for lenders, be they banks, insurance companies, venture capitalists, friends, acquaintances or family, but could also have a salutary impact on borrowers’ personal well being and interpersonal relationships. Parents invest hundreds and thousands of dollars in youth sports camps, tournaments, etc. with extremely little chance of their child becoming a collegiate or professional athlete. On the other hand, a small investment in this assessment could identify genuine entrepreneurial tendencies, demonstrate the need to develop skills and qualities associated with successful entrepreneurs or suggest an entirely different, non entrepreneurial, career path.