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Risk Tolerance and Commitment Assessment Form

Score

1. How would you react if your side hustle lost money in the first three months? *

A) I'd be very worried and might give up

B) I'd be concerned but would continue if I saw potential

C) I understand this is normal and would persist

D) I'm prepared for initial losses and have a long-term view

2. What percentage of your savings are you comfortable investing in your side hustle? *

A) 0-5%

B) 6-10%

C) 11-20%

D) More than 20%

3. How would you feel about taking on debt to finance your side hustle? *

A) Very uncomfortable, I'd avoid it at all costs

B) Slightly uncomfortable, but I'd consider it for a small amount

C) Comfortable with a moderate amount if the potential returns are good

D) Very comfortable if I believe in the business potential

4. If your side hustle required you to learn a new skill, how would you feel? *

A) Overwhelmed and resistant

B) Hesitant but willing to try

C) Excited about the opportunity to learn

D) Confident in my ability to master new skills quickly

5. How would you handle negative feedback or criticism about your side hustle? *

A) It would discourage me significantly

B) It would bother me, but I'd try to learn from it

C) I'd see it as an opportunity for improvement

D) I expect criticism and am prepared to handle it constructively

6. How many hours per week can you consistently dedicate to your side hustle? *

A) 0-5 hours

B) 6-10 hours

C) 11-20 hours

D) More than 20 hours

7. Are you willing to occasionally work on weekends or evenings for your side hustle? *

A) No, I need to keep my free time separate

B) Maybe, but only rarely

C) Yes, I can do this regularly

D) Absolutely, I'm prepared to work whenever necessary

8. How flexible is your current schedule to accommodate unexpected side hustle demands? *

A) Not flexible at all

B) Slightly flexible

C) Moderately flexible

D) Very flexible

9. Are you willing to reduce time spent on hobbies or social activities for your side hustle? *

A) No, maintaining my current lifestyle is important

B) I might make small reductions

C) Yes, I'm willing to make significant changes

D) I'm prepared to prioritize my side hustle over most other activities

10. How much can you invest in your side hustle without affecting your essential expenses? *

A) $0-$100

B) $101-$500

C) $501-$1000

D) More than $1000

11. Are you willing to forgo unnecessary expenses (e.g., eating out, new gadgets) to invest in your side hustle? *

A) No, I need to keep my free time separate

B) Maybe, but only rarely

C) Yes, I can do this regularly

D) Absolutely, I'm prepared to work whenever necessary

12. How long can you sustain your side hustle financially if it doesn't make a profit? *

A) 0-3 months

B) 4-6 months

C) 7-12 months

D) More than a year

13. How do you prefer to learn new skills? *

A) Structured courses with step-by-step guidance

B) A mix of guidance and self-directed learning

C) Mostly self-directed learning with some support

D) Completely self-directed, learning through experience

14. How do you handle setbacks or failures? *

A) They discourage me significantly

B) They frustrate me, but I try to move past them

C) I see them as learning opportunities

D) I actively seek out challenges to learn and grow

15. How comfortable are you with technology and digital tools? *

A) Not comfortable, I prefer traditional methods

B) Somewhat comfortable, but I need guidance

C) Comfortable with most common tools and platforms

D) Very comfortable, I enjoy learning new technologies

If you are human, leave this field blank.

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