Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes! — Peter Drucker Copy Share Image
Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most. — Peter Drucker Copy Share Image
Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced. — Peter Drucker Copy Share Image
Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity. — Peter Drucker Copy Share Image
Profit is not the purpose of a business, but rather the test of its validity — Peter Drucker Copy Share Image
We can ill afford to have activities conducted as "non-profit," that is, as activities that devour capital rather than form it, if… — Peter Drucker Copy Share Image
Profit for a company is like oxygen for a person. If you don't have enough of it, you're out of the game.… — Peter Drucker Copy Share Image
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation… — Peter Drucker Copy Share Image
Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the… — Peter Drucker Copy Share Image
For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four. — Peter Drucker Copy Share Image
One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the "hotel services" by the people who dominate… — Peter Drucker Copy Share Image
No executive has ever suffered because his subordinates were strong and effective. — Peter Drucker Copy Share Image
“There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker” — Peter Drucker Copy Share Image
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for… — Peter Drucker Copy Share Image
The critical question is not "How can I achieve?" but "What can I contribute?" — Peter Drucker Copy Share Image
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to… — Peter Drucker Copy Share Image
When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon. — Peter Drucker Copy Share Image
The enterprise can fulfill its human and social functions only if it prospers as a business. — Peter Drucker Copy Share Image
