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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.

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
Business
Self
Men
Substitute
Substitutes
Accurate
Leadership
Economy
Knowledge

More quotes by Lee Iacocca

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Never rest on your oars as a boss. If you do, the whole company starts sinking.
Lee Iacocca
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Your legacy should be that you made it better than it was when you got it.
Lee Iacocca
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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
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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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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
Lee Iacocca
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I'm still not sure what is meant by good fortune and success. I know fame and power are for the birds. But then life suddenly comes into focus for me. And, ah, there stand my kids.
Lee Iacocca
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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.
Lee Iacocca
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Listening can make the difference between a mediocre organization and a great one.
Lee Iacocca
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
Lee Iacocca
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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.
Lee Iacocca
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A major reason capable people fail to advance is that they don't work well with their colleagues.
Lee Iacocca
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In a corporation, there can only be one guy in the end: the CEO.
Lee Iacocca
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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.
Lee Iacocca
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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.
Lee Iacocca
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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.
Lee Iacocca
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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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The one word that makes a good manager - decisiveness.
Lee Iacocca
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Every business and every product has risks. You can't get around it.
Lee Iacocca
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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
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Every little kid wants to grow up to be a cowboy, and I did.
Lee Iacocca