These 10 Peter Drucker Quotes May Change Your World Millennials mired inside a traditional corporate environment and people living life inside lean startups will find his thinking particularly spot on.

By Jeff Shore Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Click to Enlarge+

My first college business professor was a fanatical Peter Drucker devotee.

He launched our course with a dissection of Drucker's The Effective Executive and concluded with a thorough reading of The Practice of Management.

Through my professor's tireless evangelism, I developed a keen appetite for the timeless wisdom of this prescient thought leader.

Related: How the Advice of the Past Can Save Us Now

Young entrepreneurs unfamiliar with Drucker would do well to study his insightful commentary on the world of "management." Millennials mired inside a traditional corporate environment and people living life inside lean startups will find his thinking particularly spot on.

Even after all these years, 10 Peter Drucker quotes still bounce around in my head constantly:

Related: Avoid These 'Destroy Your Business' Pitfalls

Doing the right thing

"Doing the right thing is more important than doing the thing right."

If you want something new

"If you want something new, you have to stop doing something old."

There is nothing quite so useless

"There is nothing quite so useless as doing with great efficiency something that should not be done at all."

What gets measured

"What gets measured gets improved."

Results are gained

"Results are gained by exploiting opportunities, not by solving problems."

Related: Getting Diversity and Inclusion Right in Your Company

So much of what we call management

"So much of what we call management consists of making it difficult for people to work."

People who don't take risks

"People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year."

Long-range planning

"Long-range planning does not deal with the future decisions, but with the future of present decisions."

Meetings are by definition

"Meetings are by definition a concession to a deficient organization. For one either meets or one works. One cannot do both at the same time."

Management is doing things right

"Management is doing things right. Leadership is doing the right things"

My cynical side (and my short attention span!)

My cynical side (and my short attention span!) feels especially drawn to number eight on that list.

But the quotes that really excite and ignite my entrepreneurial imagination are numbers two and five.

Which quote resonates most deeply with you? Most importantly, which of Drucker's words will change your world?

Jeff Shore

Entrepreneur, Sales Expert and Author; Founder of Shore Consulting

Jeff Shore, of Shore Consulting, is a sought-after sales expert, speaker, author and consultant whose latest book, Be Bold and Win the Sale: Get Out of Your Comfort Zone and Boost Your Performance, was published by McGraw-Hill Professional in January 2014.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Science & Technology

5 AI Books Top Entrepreneurs Are Reading in a Rush for 2025

Entrepreneurs must embrace AI or risk falling behind. Discover 2025's top 5 AI books to gain a competitive edge, featuring insights from "The Wolf is at the Door" and a free AI Success Kit.

Business News

Zillow Predicts These 10 Places Will Have the Hottest Housing Markets in 2025

Zillow predicted that the hottest housing market of 2025 will be Buffalo, New York. Here's why.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

These Are the 10 Highest-Paying Jobs That Only Require a 2-Year Degree — With Some Around $100,000 and Higher

People with two-year degrees may see career growth in the healthcare, aviation, and technology industries over the next 10 years, according to a new report.

Growing a Business

Want to Build a Digital Business? Here's the Framework You Need to Succeed.

The article emphasizes how ISO 20000-1 serves as a strategic tool for entrepreneurs to structure entirely digital businesses.