Richard Branson, Chairman of the Virgin Group of over 360 companies and one of the richest people in the world, started his first business at the tender age of 16, with a poor academic record.

Richard Branson, Chairman of the Virgin Group of over 360 companies and one of the richest people in the world, started his first business at the tender age of 16, with a poor academic record.

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.

With an official unemployment rate of 23,5% in 2005 South Africa has the 13th highest unemployment rate in the world. This means that, just as Minister Manuel stated, South Africa has a great need for entrepreneurs. Entinology teaches us that Internet entrepreneurship offers low start-up costs internationally. This in itself offers South Africans a great benefit as South Africans often do not have the cash to finance entrepreneurship. But with as little as R200 ($25) a month you can start an internet business and run it from home with very little overheads. With open source you do not even need to know much about website design and development.

The current currency exchange rates also indicate that South Africa can offer services at a lower cost internationally than many 1st world countries and this in itself is a huge benefit to the country. Utilizing the simple marketing strategies that Entinology promotes, from planning an online business, acquisitions, conversions, retention and duplicating and multiplying online businesses, entrepreneurship is taken to a whole new level with much lower start-up costs.

In Entinology, the study of entrepreneurship on the internet, one of the key factors to entrepreneurial success is low risk and high return. A complete contradiction to what people across the world are being taught. You need money to make money simply doesn't apply to the Internet. A further benefit that the Internet offers is worldwide coverage to more than a quarter of the world's population. Still the Internet hasn't exploded in South Africa yet, meaning that it is untouched in so many ways.

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.

The Internet is purely an ideal platform to step up and reach for true wealth with low risk but high return. South Africans have a choice. Do they want to work their entire lives to retire poor or do they want to be wealthy, retire early and enjoy life. Do you want to work for a boss that lacks management skills and causes more frustrations than anything else, or do you want to be your own boss, whilst being able to work from anywhere in the world and spent time enjoying the fullness of life. You have a choice, just learn the systems of entrepreneurship for the Internet and wealth and fulfilment of living your dream could be yours.