--- title: "Meaning & Key Takeaway of: [Entrepreneurship] is by no means hunch…" description: "\"[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.\" — Peter Drucker" image: "https://sms4smile.com/quotes/i/513/peter-drucker-393_customer_entrepreneurship-is-by-no-means-hunch-or_1357928.png" --- # \[Entrepreneurship\] is by no means hunch or gamble. But it… ![“[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/i/513/peter-drucker-393_customer_entrepreneurship-is-by-no-means-hunch-or_1357928.png) [Download](https://sms4smile.com/quotes/i/513/peter-drucker-393_customer_entrepreneurship-is-by-no-means-hunch-or_1357928.png) [Open image](https://sms4smile.com/quotes/i/513/peter-drucker-393_customer_entrepreneurship-is-by-no-means-hunch-or_1357928.png) > “\[Entrepreneurship\] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.” [Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Entrepreneurship Means](https://sms4smile.com/quotes/about/entrepreneurship-means-329649/) [Gamble](https://sms4smile.com/quotes/about/gamble/) [Hunches](https://sms4smile.com/quotes/about/hunches/) [Judgment](https://sms4smile.com/quotes/about/judgment/) [Mean](https://sms4smile.com/quotes/about/mean/) [Means Hunch](https://sms4smile.com/quotes/about/means-hunch-4638556/) [Precisely Science](https://sms4smile.com/quotes/about/precisely-science-4638555/) [Science](https://sms4smile.com/quotes/about/science/) [Science Judgment](https://sms4smile.com/quotes/about/science-judgment-4638554/) ## Related quotes > [“To rank economic activities as more or less preferable is ideology, not science: a judgment that is driven by values and predilections, not by…](https://sms4smile.com/quotes/sam-vaknin/to-rank-economic-activities-as-more-or-less-preferable-is-ideology/) [Sam Vaknin](https://sms4smile.com/quotes/author/sam-vaknin/) > [To me, entrepreneurship means something different. 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