Peter Drucker on "entrepreneurship risk"

Apr 12, 2014

Every now and then, I pick up one of Peter Drucker’s books, and I read a few passages looking for inspiration. They are so brilliantly written that I could cry.

This passage from “Innovation and Entrepreneurship” just caught my attention. And I cannot refrain from sharing it:

Entrepreneurship is ‘risky’ mainly because so few of the so-called entrepreneurs know what they are doing. They lack the methodology. They violate elementary and well-known rules. This is particularly true of high-tech entrepreneurs. (…) (Entrepreneurship) needs to be systematic. It needs to be managed. Above all, it needs to be based on purposeful innovation.

Dramatic, but he does make an interesting point there.

NicoMy name's Niccolò Sanarico.

I am an Oxford MBA and an engineer with a passion for innovation and startups. I currently work with dPixel, a venture capital advisory firm based in Italy, and advise a few great startups such as Wanderio. Everything you can find here is my opinion alone. You can follow me on Twitter. Find more about me on Linkedin.

P.S.: I'm experimenting with in-browser crypto-mining as a replacement for advertising in terms of user experience, see the box below.