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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.

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
Men
Soon
Growth
Successful
Business
Change
Grabs
Better
Businessman
Long
Onto
Good
Holds

More quotes by Lee Iacocca

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I only wish I could find an institute that teaches people how to listen. Business people need to listen at least as much as they need to talk. Too many people fail to realize that real communication goes in both directions.
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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.
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In business, I loved cars. I couldn't wait to get to work in the morning. Only in America can you decide to get a good education and pursue what you like.
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MBAs know everything but understand nothing.
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There's no great mystery to satisfying your customers. Build them a quality product and treat them with respect. It's that simple.
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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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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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The ability to concentrate and to use your time well is everything if you want to succeed in business--or almost anywhere else for that matter.
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The one word that makes a good manager - decisiveness.
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I was good friends with Frank Sinatra, I heard Steve Kaufman painting his portrait, so I asked Steve to paint my portrait.
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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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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The speed of the boss is the speed of the team.
Lee Iacocca
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There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
Lee Iacocca
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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.
Lee Iacocca
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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.
Lee Iacocca
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I forgot to shake hands and be friendly. It was an important lesson about leadership.
Lee Iacocca
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To solve big problems you have to be willing to do unpopular things.
Lee Iacocca
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In the old days, if a neighbors apples fell into your yard, you worked it out over the back fence or picked them up and made pies. Today, you sue.
Lee Iacocca
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Every business and every product has risks. You can't get around it.
Lee Iacocca