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Listening can make the difference between a mediocre organization and a great one.
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
Mediocre
Organization
Listening
Difference
Differences
Great
Make
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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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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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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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Talk to people in their own language. If you do it well, they'll say,God, he said exactly what I was thinking. And when they begin to respect you, they'll follow you to the death.
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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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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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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The ability to concentrate and to use time well is everything.
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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 can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
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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.
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Thanks to properly selecting the clients you will not be unnecessarily wasting time.
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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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MBAs know everything but understand nothing.
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Bad times are indelible. They stay with you forever.
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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.
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In the great undertakings, there is glory, even in failure.
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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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To succeed today, you have to set priorities, decide what you stand for.
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