Customer Quote by Peter Drucker
![“[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.” quote by Peter Drucker](https://sms4smile.com/quotes/img-quotes/513/peter-drucker-393_entrepreneurship_entrepreneurship-is-by-no-means-hunch-or_1357928.jpg)
“[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.”
About This Quote
Source Book: The Practice of Management, Peter Drucker, 1954
Entrepreneurship blends intuition and experience, not pure luck nor strict science, requiring sound judgment.
In simple terms: Entrepreneurship is judgment, not luck or science.
Key Takeaway
Rely on informed judgment.
Themes
entrepreneurship
judgment
decisionmaking
Mood
reflective
analytical
Type
advice
insight
When to use this quote
- starting a business
- investing
- product development
Key Concepts
risk assessment
intuition
experience
Questions to Reflect On
- How do you balance intuition with data?
- What judgment errors have you seen?
A Different Perspective
Judgment can be clouded by bias or insufficient data.
