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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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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Life
Money
Properly
Part
Charity
Used
Tough
Give
Spend
Back
Making
Giving
Comes
Something
Father
Philanthropic
Time
Away
Philanthropy
More quotes by Lee Iacocca
Be creative. Use unconventional thinking. And have the guts to carry it out.
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The ability to concentrate and to use time well is everything.
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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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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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There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
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A country's competitiveness starts not on the factory floor or in the engineering lab. It starts in the classroom.
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The thing that lies at the foundation of positive change, the way I see it, is service to a fellow human being.
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The trick is to make sure you don't die waiting for prosperity to come.
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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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Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities
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The discipline of writing something down is the first step toward making it happen.
Lee Iacocca
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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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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If your product is great, you yourself do not have to be a great seller.
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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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If we wait until we've satisfied all the uncertainties, it may be too late.
Lee Iacocca
If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.
Lee Iacocca
They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.
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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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