Entrepreneurs are the core and essence of any economy. Without entrepreneurs; there would be no business and without business; there would be no government; as there would be nobody to pay taxes to finance it. What distinguishes entrepreneurs from the masses; and even from innovative individuals; is that they act on opportunities and create something new; thereby driving economic evolution. Entrepreneurship â€“ a South African perspective is a guide to becoming a successful entrepreneur. Entrepreneurship â€“ a South African perspective describes and illustrates new venture creation within a South African context: the start-up process; the growth stages and the challenges in the maturity phase of the business. In this fourth edition; all the chapters have been updated and some chapters; including those on international business opportunities and legal aspects; have been substantially revised. Exercises; activities and numerous case studies based on the latest research in South Africa are included.