Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Stand
Oversight
Year
Loan
Night
Bureaucracy
Three
Kills
Government
Extreme
Back
Extremes
Years
Paid
Couldn

More quotes by Lee Iacocca

Image
I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers.
Lee Iacocca
Image
I forgot to shake hands and be friendly. It was an important lesson about leadership.
Lee Iacocca
Image
Thanks to properly selecting the clients you will not be unnecessarily wasting time.
Lee Iacocca
Image
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
Image
There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
Lee Iacocca
Image
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.
Lee Iacocca
Image
To succeed today, you have to set priorities, decide what you stand for.
Lee Iacocca
Image
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
Image
When the product is right, you don't have to be a great marketer.
Lee Iacocca
Image
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.
Lee Iacocca
Image
To solve big problems you have to be willing to do unpopular things.
Lee Iacocca
Image
Never rest on your oars as a boss. If you do, the whole company starts sinking.
Lee Iacocca
Image
Bad times are indelible. They stay with you forever.
Lee Iacocca
Image
MBAs know everything but understand nothing.
Lee Iacocca
Image
In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.
Lee Iacocca
Image
If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I'd Say Decisiveness.
Lee Iacocca
Image
The right decision is the wrong decision if it's made too late.
Lee Iacocca
Image
If we wait until we've satisfied all the uncertainties, it may be too late.
Lee Iacocca
Image
There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
Lee Iacocca
Image
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.
Lee Iacocca