Entrepreneurs are who they are because of the way we think and act. This coincided with the time when the setting up of a Home based business became a Fad. According to Mr Lewis of the National Association of Home Based Businesses, Home based business in the United States grew from about 6 million in 1984 to 23 million by 2007. These businesses are a hairdresser, grocery store, travel agent, consultant, carpenter, plumber, electrician, etc. These people run or own their own business management business and hire family members or local employee. For them, the profit would be able to feed their family and not making 100 million business or taking over an industry. They fund their business by taking small business loans or loans from friends and family. 4.) Optimistic: Optimism is the trait that successful entrepreneurs have in common. They believe that in the future their ideas will be successful businesses. They have no room for doubting their business ideas.