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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Works
Cousin
Family
Stays
Unconditional
Institution
Steady
Institutions
Rock
Rocks
More quotes by Lee Iacocca
In a corporation, there can only be one guy in the end: the CEO.
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The trick is to make sure you don't die waiting for prosperity to come.
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Most people are looking for security, a nice, safe, prosperous future. And there's nothing wrong with that. It's called the American Dream.
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Every little kid wants to grow up to be a cowboy, and I did.
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That's the American way. If little kids don't aspire to make money like I did, what the hell good is this country?
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If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I'd Say Decisiveness.
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You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
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When the product is right, you don't have to be a great marketer.
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Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.
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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.
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The one word that makes a good manager - decisiveness.
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Listening can make the difference between a mediocre organization and a great one.
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The ability to concentrate and to use time well is everything.
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
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To solve big problems you have to be willing to do unpopular things.
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They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.
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If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.
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In the great undertakings, there is glory, even in failure.
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Over the years, many executives have said to me with pride: 'Boy, I worked so hard last year that I didn't take any vacation.' I always feel like responding, You dummy. You mean to tell me you can take responsibility for an eighty-million-dollar project and you can't plan two weeks out of the year to have some fun?
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My father used to say, 'You can spend a lot of time making money. The tough time comes when you have to give it away properly.' How to give something back, that's the tough part in life.
Lee Iacocca