The first thing you will need to discover is whether you are dealing with a three-phase motor. You may already know this from the application, but another giveaway is that the lead wires of most three-phase motors are single colors, not multiple colors, and usually identified with numbers. If, on the other hand, the motor diameter is less than seven inches and has a terminal board, it is most likely a single-phase motor.
You should be able to isolate into two groups any leads which have continuity with one another. The starting circuit is likely to isolate to two leads, the running circuit may have two or more leads that show continuity. If the running circuit has more than two leads, you will need to determine how those leads are to be used for voltage or speed changes.
Note! Not all drives allow the use of a ferrite sleeve around power conductors. Refer to your manuafacturer’s manual for specific applications.
The colors or numbers themselves are often a clue, but they alone may not provide sufficient information. There is always the trial and error method, but I do not recommend that because of the potential for destructive results. Instead, the Motor Doctors suggestion is to equip yourself with an ohmeter (don nott settle for just a continuity tester) and learn to perform a few simple tests with it.