Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.

Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.

Once the facts are clear the decisions jump out at you.

The only things that evolve by themselves in an organization are disorder, friction and malperformance.

The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as "unearned income" and "capitalist," if not as sinful and wicked.

Marketing is the distinguishing, unique function of the business.

Communism is evil. Its driving forces are the deadly sins of envy and hatred.