The Internet of Things (IoT) has profoundly influenced entrepreneurship, driven innovation and transformed business models across industries. However, integrating IoT into entrepreneurial ventures presents opportunities and challenges. This study aims to identify key enablers and research perspectives surrounding IoT in entrepreneurship using a systematic literature review methodology, focusing on articles indexed in Scopus. The Gioia method, which combines grounded theory and descriptive analysis, was employed to examine thematic patterns and perspectives in literature. The findings reveal four key enablers of IoT in entrepreneurship: innovative IoT solutions, intelligent business models, insightful data utilisation, and infrastructure and policy challenges. These enablers highlight how IoT fosters business connectivity, enables data-driven decision-making, and facilitates new business models. Moreover, the study identifies intersections between IoT technology types and entrepreneurship types, with corporate entrepreneurship and social entrepreneurship emerging as prominent foci. However, research gaps remain in underexplored intersections, such as M2M, WoT, and SIoT, of IoT technologies and specific entrepreneurial types, including buying a small business, buying a franchise, and family enterprises. This study enhances the existing knowledge base by thoroughly synthesising IoT enablers and research gaps. It provides essential insights for entrepreneurs, professionals, and regulators to guide the adoption and integration of IoT technologies. The study also outlines directions for future research in IoT-driven entrepreneurship.