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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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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
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Reason
Advance
Wells
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Fail
People
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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.
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The discipline of writing something down is the first step toward making it happen.
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The one word that makes a good manager - decisiveness.
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The right decision is the wrong decision if it's made too late.
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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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If you want to make good use of your time, you've got to know what's most important and then give it all you've got.
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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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That's the American way. If little kids don't aspire to make money like I did, what the hell good is this country?
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Your legacy should be that you made it better than it was when you got it.
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Thanks to properly selecting the clients you will not be unnecessarily wasting time.
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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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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.
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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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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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Every business and every product has risks. You can't get around it.
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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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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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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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To succeed today, you have to set priorities, decide what you stand for.
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