This article analyses the perception of entrepreneurship and the importance of skills development and to create a culture of entrepreneurship. The aim was to recognize personal skills (cognitive skills social skills, relational skills, technical skills and management skills) and business skills that is, approaches adopted by the company regarding products or services, corporate image, and management systems like human resource management, financial management, marketing management, the formal and informal structure of the company etc. The literature review was grounded on entrepreneurship studies with the aim to identify the soft skills that the entrepreneurs need to advance to create and manage pioneering business.