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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
Leadership
Economy
Knowledge
Business
Self
Men
Substitute
Substitutes
Accurate

More quotes by Lee Iacocca

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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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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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Your legacy should be that you made it better than it was when you got it.
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The ability to concentrate and to use time well is everything.
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They've got about as many lawyers as we have sumo-wrestlers.
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Bad times are indelible. They stay with you forever.
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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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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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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 one word that makes a good manager - decisiveness.
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To solve big problems you have to be willing to do unpopular things.
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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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You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
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The right decision is the wrong decision if it's made too late.
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Thanks to properly selecting the clients you will not be unnecessarily wasting time.
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Be creative. Use unconventional thinking. And have the guts to carry it out.
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Every business and every product has risks. You can't get around it.
Lee Iacocca
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Every little kid wants to grow up to be a cowboy, and I did.
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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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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