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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.

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
Couldn
Stand
Oversight
Year
Loan
Night
Bureaucracy
Three
Kills
Government
Extreme
Back
Extremes
Years
Paid

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Every business and every product has risks. You can't get around it.
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If we wait until we've satisfied all the uncertainties, it may be too late.
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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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 discipline of writing something down is the first step toward making it happen.
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There's no great mystery to satisfying your customers. Build them a quality product and treat them with respect. It's that simple.
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To solve big problems you have to be willing to do unpopular things.
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The only rock I know that stays steady, the only institution I know that works, is the family.
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The trick is to make sure you don't die waiting for prosperity to come.
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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 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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If I had to sum up in a word what makes a good manager, I'd say decisiveness. You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act.
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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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Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.
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In a corporation, there can only be one guy in the end: the CEO.
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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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Over the years, many executives have said to me with pride: 'Boy, I worked so hard last year that I didn't take any vacation.' I always feel like responding, You dummy. You mean to tell me you can take responsibility for an eighty-million-dollar project and you can't plan two weeks out of the year to have some fun?
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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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To succeed today, you have to set priorities, decide what you stand for.
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