Like any business venture, a home-based business requires an investment of time, energy and resources. There are several character traits and work ethics that are common to successful entrepreneurs.
Entrepreneurs are careful about money.
They always know how much money they have. They know the value and cost of things so they can recognize a real bargain. Most entrepreneurs earned money when they were teenagers babysitting, mowing lawns, delivering newspapers, sacking groceries, etc. Entrepreneurs are competitive by nature. Many were active in sports and other competitions in high school and college.