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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
Peter Drucker
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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Mysterious
Discipline
Magic
Learned
Hear
Wrong
Nothing
Like
Genes
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.
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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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If you want to predict the future create it.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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The true business of every company is to make and keep customers.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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One does not start with facts. One starts with opinions.
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You cannot build performance on weaknesses. You can build only on strengths.
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Most of what we call management consists of making it difficult for people to get their work done.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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To satisfy the customer is the mission and purpose of every business.
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People who need certainty are unlikely to make good entrepreneurs.
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