Theory exists that entrepreneurs are 'jacks-of-all-trades' who may not excel in any one skill, but are competent in many. Individuals with balanced skills appear to be more likely than others to become entrepreneurs. This paper focuses on the influence of human capital, knowledge sharing and the perceptions of entrepreneurs on entrepreneurship; entrepreneur's required skills and their contribution to the economy as was found in his study and reported on by Erasmus (2006). The data collected was sorted and categorised to determine respondent's skills needs with respect to areas such as negotiation, leadership, social skills, creativity, etc. In conclusion; certain skills are important in the make-up of entrepreneurship