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Lee Iacocca's Quotes

Lee Iacocca profile photo

Born: 1924-10-15
Profession: Businessman
Nation: American
Biography of Lee Iacocca

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The affections are like lightning: you cannot tell where they will strike till they have fallen.

Tags: Cannot, Lightning, Tell

We at Chrysler borrow money the old-fashioned way. We pay it back.

Tags: Finance, Money, Pay

If you want to make good use of your time, you've got to know what's most important and then give it all you've got.

Tags: Give, Good, Time

I was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford.

Tags: After, Five, Four

The one word that makes a good manager - decisiveness.

Tags: Good, Makes, Word

The trick is to make sure you don't die waiting for prosperity to come.

Tags: Die, Sure, Waiting

Chrysler builds great cars.

Tags: Car, Cars, Great

I guess I invented extended warranties, because that's all we had to sell at Chrysler in those days.

Tags: Days, Guess, Sell

It was emotional when Chrysler sold out to the Germans.

Tags: Emotional, Germans, Sold

People want economy and they will pay any price to get it.

Tags: Economy, Pay, Price

There is no substitute for accurate knowledge. Know yourself, know your business, know your men.

Tags: Business, Knowledge, Men

There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there.

Tags: Best, Him, Waiting

I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers.

Tags: Decision, Hell, Lives

I have always found that if I move with seventy-five percent or more of the facts that I usually never regret it. It's the guys who wait to have everything perfect that drive you crazy.

Tags: Crazy, Perfect, Regret

A guy named Charlie Beacham was my first mentor at Ford. He taught me the importance of the dealers, and he rubbed my nose in the retail business.

Tags: Business, Guy, Nose

Decisiveness is the one word that makes a good manager.

Tags: Good, Makes, Word

If a guy is over 25 percent jerk, he's in trouble. And Henry was 95 percent.

Tags: Guy, Percent, Trouble

In a corporation, there can only be one guy in the end: the CEO.

Tags: Ceo, End, Guy

The ability to concentrate and to use time well is everything.

Tags: Ability, Time

The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind.

Tags: Greatest, Human, Mind

The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.

Tags: Good, Old, Successful

Trouble shared is trouble halved.

Tags: Shared, Trouble

What is wrong with changing your mind because the facts changed? But you have to be able to say why you changed your mind and how the facts changed.

Tags: Mind, Why, Wrong

Talk to people in their own language. If you do it well, they'll say, 'God, he said exactly what I was thinking.' And when they begin to respect you, they'll follow you to the death.

Tags: Death, God, Respect

I guess that's one achievement I'm really proud of. Saving Chrysler was more than jobs, more than shareholder value. Saving Chrysler was a good idea for the whole country.

Tags: Country, Good, Proud

The kind of people I look for to fill top management spots are the eager beavers, the mavericks. These are the guys who try to do more than they're expected to do - they always reach.

Tags: Guys, Top, Try
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In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive.

Tags: Anger, Best, Great

No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished?

Tags: Family, Love, Yourself

In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.

Tags: Best, Society, Teacher

Management is nothing more than motivating other people.

Tags: Management, Motivating, Work

The only rock I know that stays steady, the only institution I know that works, is the family.

Tags: Family, Rock, Works

My father always used to say that when you die, if you've got five real friends, then you've had a great life.

Tags: Father, Great, Life

I have found that being honest is the best technique I can use. Right up front, tell people what you're trying to accomplish and what you're willing to sacrifice to accomplish it.

Tags: Best, Sacrifice, Trying

Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.

Tags: Business, Good, Start

Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.

Tags: Education, God, Yourself

To succeed today, you have to set priorities, decide what you stand for.

Tags: Stand, Succeed, Today

We are continually faced by great opportunities brilliantly disguised as insoluble problems.

Tags: Disguised, Great, Problems

I forgot to shake hands and be friendly. It was an important lesson about leadership.

Tags: Friendly, Hands, Leadership

I hire people brighter than me and then I get out of their way.

Tags: Brighter, Hire

One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.

Tags: Both, Government, Office

The thing that lies at the foundation of positive change, the way I see it, is service to a fellow human being.

Tags: Change, Human, Positive

So what do we do? Anything. Something. So long as we just don't sit there. If we screw it up, start over. Try something else. If we wait until we've satisfied all the uncertainties, it may be too late.

Tags: Else, May, Try

Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people.

Tags: Him, Motivation, Work

In the end, all business operations can be reduced to three words: people, product, and profits.

Tags: Business, End, Words

The speed of the boss is the speed of the team.

Tags: Boss, Speed, Team

You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.

Tags: Brilliant, Ideas, Won

Every business and every product has risks. You can't get around it.

Tags: Business, Product, Risks

The discipline of writing something down is the first step toward making it happen.

Tags: Happen, Making, Writing

I've always found that the speed of the boss is the speed of the team.

Tags: Boss, Found, Team

We've got to pause and ask ourselves: How much clean air do we need?

Tags: Air, Ask, Ourselves

Any supervisor worth his salt would rather deal with people who attempt too much than with those who try too little.

Tags: Rather, Try, Worth
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