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

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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
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In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.
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In a corporation, there can only be one guy in the end: the CEO.
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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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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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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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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.
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They've got about as many lawyers as we have sumo-wrestlers.
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The one word that makes a good manager - decisiveness.
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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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Every little kid wants to grow up to be a cowboy, and I did.
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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 your product is great, you yourself do not have to be a great seller.
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Your legacy should be that you made it better than it was when you got it.
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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.
Lee Iacocca
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If we wait until we've satisfied all the uncertainties, it may be too late.
Lee Iacocca
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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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Greenmail, in case you're wondering, is when a company pays a raider a premium for his holdings-if he'll go away. What I think it really is is blackmail in a pin-striped suit.
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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?
Lee Iacocca