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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.

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
Things
Posts
Runs
Libertarian
Office
Liberty
Bankrupt
Running
Railroads
Government
Libertarianism
Anything
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A major reason capable people fail to advance is that they don't work well with their colleagues.
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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.
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They've got about as many lawyers as we have sumo-wrestlers.
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What is it that you like doing? If you don't like it, get out of it, because you'll be lousy at it. You don't have to stay with a job for the rest of your life, because if you don't like it you'll never be successful in it.
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When the product is right, you don't have to be a great marketer.
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In a completely rational society, the best of us would aspire to be teachers and the rest of us would have to settle for something less, because passing civilization along from one generation to the next ought to be the highest honor and the highest responsibility anyone could have.
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The trick is to make sure you don't die waiting for prosperity to come.
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The one word that makes a good manager - decisiveness.
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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.
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The discipline of writing something down is the first step toward making it happen.
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Be creative. Use unconventional thinking. And have the guts to carry it out.
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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.
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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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I'm sometimes described as a flamboyant leader and a hip-shooter, a fly-by-the-seat-of-the-pants operator. But if that were true, I could never have been successful in this business.
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You've got to say, I think that if I keep working at this and want it badly enough I can have it. It's called perseverance.
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The only rock I know that stays steady, the only institution I know that works, is the family.
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I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That's what I think philanthropy is about.
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Every business and every product has risks. You can't get around it.
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To succeed today, you have to set priorities, decide what you stand for.
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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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