A Quote by Peter Drucker

[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment. — © Peter Drucker
[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
Keeping a slow hunch alive poses challenges on multiple scales. For starters, you have to preserve the hunch in your own memory, in the dense network of your neurons. Most slow hunches pass in and out of our memory too quickly, precisely because they possess a certain murkiness. You get a feeling that there's an interesting avenue to explore, a problem that might lead you to a solution, but then you get distracted by more pressing matters and the hunch disappears. So part of the secret of hunch cultivation is simple: write everything down.
The work of science has nothing whatever to do with consensus. Consensus is the business of politics. Science, on the contrary, requires only one investigator who happens to be right, which means that he or she has results that are verifiable by reference to the real world. In science consensus is irrelevant. What is relevant is reproducible results. The greatest scientists in history are great precisely because they broke with the consensus.
Judgment means that you view the world as you are, rather than as it is.
Entrepreneurship, entrepreneurship, entrepreneurship. It drives everything: Job creation, poverty alleviation, innovation.
Entrepreneurship is one of the most important drivers for job creation. Moreover, social entrepreneurship offers not only a path for young people to transform their own lives, but also a way to empower others.
Although I don't gamble in life - I've never played poker - I do gamble on stage. I gamble with myself: 'Can I do this?'
I love science, and it pains me to think that so many are terrified of the subject or feel that choosing science means you cannot also choose compassion, or the arts, or be awed by nature. Science is not meant to cure us of mystery, but to reinvent and reinvigorate it.
Science and vision are not opposites or even at odds. They need each other. I sometimes hear other startup folks say something along the lines of: 'If entrepreneurship was a science, then anyone could do it.' I'd like to point out that even science is a science, and still very few people can do it, let alone do it well.
Rather than a taste for the macabre, I like the full range of human emotion in a story, which means darkness and light. It means warmth, but it also potentially means scares.
In a way, my father was lucky. He had a hunch that his vision of the National Gallery would interest other collectors and persuade them to come in with him, and that hunch proved to be right.
You don't gamble to win. You gamble so you can gamble the next day.
My hunch, for what it's worth, is that most of us probably find it much, much harder than we realize to really imagine what catastrophe is like. I have a hunch that we all labor under this rather convenient illusion that if we read about the Syrian refugee crisis, we can imagine what it feels like to set off from your home and your life with all your possessions in two bin liners. We all think that we can imagine that and my guess is that none of us have got a clue.
Boys, the first drink is a boon, the second is a gamble, the third is poor judgment, and then the rate of descent gets steep
We may gamble on outsmarting the law; we may even gamble on the leniency of man and the mercy of God-but no man ever won a gamble with his own conscience. Even should he think he has beaten his conscience into submission, his misdeeds still leave their mark upon him. Anyone who gambles against this fact has already lost his gamble.
I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.
We are in danger of valuing most highly those things we can measure most accurately, which means that we are often precisely wrong rather than approximately right
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