Entrepreneurial skills are without any doubt a highly sought after skill. A skill that can mean life can be lived to its fullest or life can be unbearable. Warren Buffet, one of the top 3 richest men alive filed his first income tax report at the age of 12. At the age of 15 years Buffet and his friend invested in a used Pinball machine and within just a few months they owned three machines. This was before he became a university graduate in economics.

Entrepreneurial skills are without any doubt a very scarce but useful skill to have. The reason the word skill is used is simple. History has taught us that entrepreneurship has nothing to do with the amount of qualifications you have or any other outstanding academic performance. According to a report published by StatsSA 82,5% of businesses were financed by relatives or friends. A very small 4,9% of businesses were financed by commercial banks. With South Africa’s unique history, we have grown up with a specific thought frameset that conditioned us to survive rather than to strive for wealth. A further fact that supports this theory is that 50% of South Africans lived below the poverty line in the year 2000, according to the CIA Fact book.

In terms of labour segments in South Africa it is notable that there seems to be a trend that supports the theory of Entinology promoting the use of the Internet as a platform for entrepreneurship, with the labour force split amongst the following main categories. – Agriculture occupations 9% – Industry occupations 26% – Services occupations 65%

Internet entrepreneurship offers global reach of more than a billion internet users. It offers several marketing strategies that can be applied at very little or no costs and accurate stats that can assist in tweaking and improving of entrepreneurial skills. The Internet is a prize that still hasn’t exploded in a South Africa that’s living the legacy of the past. The Internet offers the ideal way to start a business for the thousands of South Africans that have been retrenched due to the world recession, black empowerment, the effect of the National Credit Act and companies fallen due to corruption and bad debt.

The Internet offers the one thing any entrepreneur strives for, low risk and high return. It offers the ideal way for the thousands of South Africans that are employed, to start a business whilst having the stability of a monthly income. What is stopping South Africans to reach for the internet entrepreneurship dream? Compared to countries like the USA and UK, South Africa offers very little Internet entrepreneurship education!

Educating people in business and finance management, simply equip existing entrepreneurs to improve their chances of success, however the real science of entrepreneurship which is required for wealth creation, runs much deeper. The systems that entrepreneurs use and their psychological profiles are what make them truly successful. No amount of money or university degrees can teach an entrepreneur to be successful. It is learning and applying the systems of entrepreneurship that does.

What is stopping South Africans to reach for the Internet Entrepreneurial dream? Compared to countries like the USA and UK, South Africa offers very little Internet entrepreneurship education and training! There are several Internet Marketing training courses and workshops available in South Africa, but no Entrepreneurship courses, workshops or seminars for Internet business. The Internet the ideal platform for entrepreneurship and to step up and reach for true wealth with low risk but high return, as it offers all the valuable characteristics of Entinology.