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 assessment taker's entrepreneurial mindset. The assessment is a useful tool to assess people and programs interested in entrepreneurial mindsets such as students and academic programs, companies wanting to understand their intrapreneurship culture, startups, 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.
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Sign up to take our assessment nowThe EQA is a tool for assessing the entrepreneurial mindset. The EQA identifies and validates core personality, behavioral and neurocognitive traits associated with successful entrepreneurship. Identifying such traits in potential clients will allow people to engage in more efficient decision-making processes that will ultimately serve to minimize untold costs associated with failed ventures. Rather than trying to predict the success of a given product, which will vary markedly given certain market demands, product quality, etc., our aim is to focus on traits inherent to the individual. Our goal is to understand those quantitative traits that are associated with a greater probability of success in the long term.
After the assessment is taken and submitted, all the results are scored by a sophisticated form of statistical analysis.
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Prior to giving the assessment to the general public, EntreMetric selected 400 known successful entrepreneurs to take the EQA.
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After the assessment is taken and submitted, all the results are scored by our proprietary statistical analysis.
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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 comprises 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.
