Perseverance - For the vast majority, making money will not happen instantly. It may be weeks or even months before you start seeing a return on the time and/or money you have invested so the early stages can be quite demoralizing. A lot of people just don't have the dedication needed to continue with their idea long enough to start seeing a return, let alone seeing big money rolling in. Or their first money making ideas fails, so they don't have the motivation to try a new approach.
Creativity - this is important too. The ability to think laterally (or 'outside the box' if you want to use irritating business speak) is of benefit in any money making venture. You are probably going to want to come up with a fairly original niche, product or service rather than entering an already over-saturated market. Use an existing idea as your inspiration by all means, but make sure you build on it and make it your own or you will never be able to beat the competition.
Adaptability - Markets change. The internet changes. Peoples' need changes. You need to be adaptable or you may find your source of income will one day dry up. Being open to change also stops you missing opportunities which could potentially earn you more money.
Spending time developing yourself as well as your new business will always be a good investment.
Creativity - this is important too. The ability to think laterally (or 'outside the box' if you want to use irritating business speak) is of benefit in any money making venture. You are probably going to want to come up with a fairly original niche, product or service rather than entering an already over-saturated market. Use an existing idea as your inspiration by all means, but make sure you build on it and make it your own or you will never be able to beat the competition.
Adaptability - Markets change. The internet changes. Peoples' need changes. You need to be adaptable or you may find your source of income will one day dry up. Being open to change also stops you missing opportunities which could potentially earn you more money.
Spending time developing yourself as well as your new business will always be a good investment.