Profit is not the purpose of a business, but rather the test of its validity.
Profit is not the purpose of a business, but rather the test of its validity.
Similar Peter F. Drucker quotes:
Other Entrepreneurship :
- Innovation is saying no to 1,000 things.
- Accepting that the odds are against you is the same as accepting defeat before you begin.
- Be so good they can’t ignore you.
- To ‘wow’ a client is to win a client.
- The more businesses you have, the less work you do.
- Entrepreneurs are selected to be just doers, not thinkers, and doers do, they don’t talk.
- Entrepreneurship is where a noble cause meets the passion.
- We can’t be in survival mode. We have to be in growth mode.
- If you can imagine it in details, it can be done.
- There is no problem you can’t take absolute advantage of.
- In the end, we are our choices.
- I never fail. It’s just that the people around me succeed more than I.
- I want to put a ding in the universe
- The first step to win yourself is to wake up early.
- Breakdowns create breakthroughs.
- The goal was never to bear the competition, or to make a lot of money. It was to do the greatest thing possible, or even a little greater
- A person who makes few mistakes makes little progress.
- One of the biggest mistakes we made was trying to automate things that are super easy for a person to do, but super hard for a robot to do.
- People who don’t venture will keep working for the people who ventured.
- There are no overnight success. It’s a combination of humility, sacrifices, tenacity, failure, and opportunity.