"Profit is not the purpose of a..." - Quote by Peter Drucker
Profit is not the purpose of a business, but rather the test of its validity
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“People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.”
“There is nothing so useless as doing efficiently that which should not be done at all.”
“The moment people talk of "implementing" instead of "doing," and of "finalizing" instead of "finishing," the organization is already running a fever.”
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“Profit is not a cause but a result-”
“The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.”
“Even though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.”
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“Microsoft was founded with a vision of a computer on every desk, and in every home. We've never wavered from that vision.”
“Social media requires that business leaders start thinking like small-town shop owners. This means taking the long view and avoiding short-term benchmarks to gauge progress. It means allowing the personality, heart and soul of the people who run all levels of the business to show.”
“Everything in life and business, you only earn more if you become more valuable. Because if you can do more for people than anybody else does, you can prosper. But you can't do that unless you're constantly educating yourself with the cutting edge. My whole life, even when I had no money, I would invest in education.”