Successful entrepreneurship requires a balance among analytical, creative, and practical aspects of intelligence, which, in combination, constitute successful intelligence. Entrepreneurship is outcome of interaction between individual and environment. This theoretical paper is an attempt to find the relation of these different components (analytical, creative, and practical) of successful intelligence to entrepreneurship. Along with the descriptions of analytical, practical and creative intelligence, this paper also describes how all three components merge in successful intelligence. The present paper reviews how successful intelligence can produce different kinds of new contributions. It concludes that successful intelligence is desirable for entrepreneurial success.