Business Quote by Peter Drucker
“If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.”
About This Quote
Source Book: The Effective Executive by Peter Drucker, 1966
When a business faces excessive problems, exiting may be wiser than persisting indefinitely.
In simple terms: Too many problems? Consider leaving the business.
Key Takeaway
Know when to quit.
Themes
business
strategy
risk
leadership
decisionmaking
Mood
strategic
pragmatic
analytical
Type
business
motivational
When to use this quote
- startup closure
- career change
- investment decisions
- market exit strategies
Key Concepts
entrepreneurship
organizational theory
risk management
Questions to Reflect On
- When is the right time to exit a venture?
- What alternatives exist before closing?
A Different Perspective
Quitting can be seen as failure; timing is crucial.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)
