"Entrepreneurship rests on a theory of economy..." - Quote by Peter Drucker
Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.
More by Peter Drucker
“As to the idea that advertising motivates people, remember the Edsel.”
“What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter.”
“Increasingly, politics is not about "who gets what, when, how" but about values, each of them considered to be absolute. Politics is about "the right to life"...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.”
More on Entrepreneurship
“There has never been a better time in the history of time than right now to start a business.”
“I'm convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance... Unless you have a lot of passion about this, you're not going to survive. You're going to give it up. So you've got to have an idea, or a problem or a wrong that you want to right that you're passionate about otherwise you're not going to have the perseverance to stick it through.”
“If i will start all over again I would chose network marketing.”
More on Innovation
“What the world calls originality is only an unaccustomed method of tickling it.”
“Most innovations, unfortunately, actually increase the net costs of the healthcare system. There's a few, particularly having to do with chronic diseases, that are an exception. If you could cure Alzheimer's, if you could avoid diabetes - those are gigantic in terms of saving money. But the incentive regime doesn't favor them.”
“Anything new, anything worth doing, can't be recognized.”