Lee Iacocca
Lee Iacocca
Lido Anthony "Lee" Iacoccais an American automobile executive best known for spearheading the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s. He served as President and CEO of Chrysler from 1978 and additionally as chairman from 1979, until his retirement at the end of 1992...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth15 October 1924
CityAllentown, PA
CountryUnited States of America
Mistakes are a part of life; you can't avoid them. All you can hope is that they won't be too expensive and that you don't make the same mistake twice.
No matter how I'm doing financially, the Depression has never disappeared from my consciousness. To this day, I hate waste. When neckties went from narrow to wide, I kept all my old ones until the style went back to narrow.
I was good friends with Frank Sinatra, I heard Steve Kaufman painting his portrait, so I asked Steve to paint my portrait.
The cement in our whole democracy today is the worker who makes $ 15 an hour. He's the guy who will buy a house and a car and a refrigerator. He's the oil in the engine.
A little righteous anger really brings out the best in the American personality. Our nation was born when 56 patriots got mad enough to sign the Declaration of Independence. We put a man on the moon because Sputnik made us mad at being number two in space. Getting mad in a constructive way is good for the soul- and the country.
There's a billboard in a little farm town in the Midwest that says: IF YOU COMPLAIN ABOUT FARMERS, DON'T TALK WITH YOUR MOUTH FULL.
If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I'd Say Decisiveness.
Every business and every product has risks. You can't get around it.
In the end, all business operations can be reduced to three words: people, product, and profits.
As you go through life, there are thousands of little forks in the road, and there are a few really big forks-those moments of reckoning, moments of truth.
Bad times are indelible. They stay with you forever.
I learned about the strength you can get from a close family life. I learned to keep going, even in bad times. I learned not to despair, even when my world was falling apart. I learned that there are no free lunches. And I learned the value of hard work.
The trick is to make sure you don't die waiting for prosperity to come.
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.