Q.1 What would you say are the top three skills needed to be a successful entrepreneur?
Ans 1: Good skills to identify the market requirements.
Ans 2: Willingness to work hard and dedicate yourself
Patience
Q.2 How many hours do you work a day on average?
Ans: After successful business running, not more than 8 hours a day.
Q.3 To what do you most attribute your success?
Ans: Hard and dedicated work
Q.4 How do you go about marketing your business? What has been your most successful form of marketing?
Ans: A great website and personally meeting potential customers
Q.5 Where did your organizations funding/capital come from and how did you go about getting it? How did you obtain investors for your venture?
Ans: It was our own capital and funds from bank against mortgage.
Q.6 What is the best way to achieve long-term success?
Ans: Stay focused on what you can do best
Q.7 Where you see yourself and your business in 5 – 10 years?
Ans: A leading company in phytochemical company.
Q.8 Excluding yours, what company or business do you admire the most?
Ans: I cannot think of any other business than we are in.
Recommended Questions –
Q.9 How important have good employees been to your success?
Ans: Absolute necessary to take up the work to be delegated
Q.10 How long do you stick with an idea before giving up?
Ans: Untill I have spent sufficient time and collected good information on it
Q.11 What motivates you?
Ans: To be the best in what I am
Q.12 What are your ideals?
Ans: Honesty, Sincerity, ethical operations
Q.13 How do you generate new ideas?
Ans: Meeting people/customers
Q.14 How do you define success?
Ans: Being in top three of the companies common to us
Q.15 How do you build a successful customers base?
Ans: Giving good quality products and service
Q.16 What is your favorite aspect of being an entrepreneur?
Ans: Knowledge in the field we are
Q.17 What has been your most satisfying moment in business?
Ans: 100 % capacity utilization, getting reputed customers
Q.18 What do you feel is the major difference between entrepreneurs and those who work for someone else?
Ans: Business is a passion for the entrepreneurs.
Q.19 What kind of culture exists in your organization? How did you establish this tone and why did you institute this particular type of culture?
Ans: A good and honest quality culture exists in the company. We make this a necessity while recruitment, by training, by recognizing and equivalent pay scales to the best industries.
Q.20 In one word, characterize your life as an entrepreneur.
Ans: Satisfied by what I deed.
Optional Questions –
Q.21 If you had the chance to start your career over again, what would you do differently?
Ans: I will like to be the same.
Q.22 How has being an entrepreneur affected your family life?
Ans: Sometimes we are not able to give more time to the family especially during our earlier years
Q.23 What is your greatest fear, and how do you manage fear?
Ans: We should not loose patience but at some moments we fear. However our hard work and depth of knowledge may overcome fear
Q.24 How did you decide on the location for your business?
Ans: We should get all infrastructure instantly and not waste more time in setting up the business
Q.25 Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?
Ans: There is no formula . Over all your knowledge, hardwork, Gods grace is a necessity I feel.
Q.26 Who has been your greatest inspiration?
Ans: My father.
Q.27 What book has inspired you the most? (OR what is your favorite book?)
Ans: No specific book as such
Q.28 What are some of the biggest mistakes you’ve made?
Ans: Don’t remember the biggest but sure there are
Q.29 How can you prevent mistakes or do damage control?
Ans: Knowledge
Q.30 What are your hobbies? What do you do in your non-work time?
Ans: Reading books
Q.31 What makes you happy?
Ans: Meditations, prayers, being with family
Q.32 What sacrifices have you had to make to be a successful entrepreneur?
Ans: Time
Q.33 If you were conducting this interview, what question would you ask?
Ans: Almost all questions covered. No specific ones.