"Innovation is the specific tool of entrepreneurs,..." - Quote by Peter Drucker
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation.
More by Peter Drucker
“An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.”
“They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions.”
“Objectives are not commands; they are commitments.”
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“Don't just consume things, create things”
“Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.”
“It has been just so in all my inventions. The first step is an intuition-and comes with a burst, then difficulties arise. This thing that gives out and then that-"Bugs"as such little faults and difficulties are called show themselves and months of anxious watching, study and labor are requisite before commercial success-or failure-is certainly reached.”
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“I saw a sign at a gas station. It said 'help wanted'. There was another sign below it that said 'self service'. So I hired myself. Then I made myself the boss. I gave myself a raise. I paid myself. Then I quit.”
“My music will mean something. I'll have my own production company. I'm doing my own movies. I have my own restaurant. I just wanna expand.”
“I had so many people try to talk me out of starting a rocket company, it was crazy.”