"(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss"

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Source : Twitter post from Feb 20, 2015

Peter Drucker

#Business Quotes #Loss Quotes #Waste Quotes

“I realize how fortunate I have been; mine has been a wonderful life.”
“Everyone will be forgotten, nothing we do will make any difference, and all good endeavours, even the best, will come to naught. Unless there is God. If the God of the Bible exists, and there is a True Reality beneath and behind this one, and this life is not the only life, then every good endeavour, even the simplest ones, pursued in response to God's calling, can matter forever.”
“If you want sweet dreams, you've got to live a sweet life.”
“And occasionally some of the nations that will be partners in this would probably not be, in terms of passing a pure human rights check, have everything going for them that you would like to have.”
“I don't know whether I prefer Astroturf to grass. I never smoked Astroturf.”
“People who bite the hand that feeds them usually lick the boot that kicks them.”
“I became an optimist when I discovered that I wasn't going to win any more games by being anything else.”
“Commerce flourishes by circumstances, precarious, transitory, contingent, almost as the winds and waves that bring it to our shores.”

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