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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.

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
Mistake
Suffering
Learn
Much
Lesson
Suffer
Mistakes
Lessons
Tough

More quotes by Lee Iacocca

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One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
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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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If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I'd Say Decisiveness.
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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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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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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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You've got to say, I think that if I keep working at this and want it badly enough I can have it. It's called perseverance.
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To succeed today, you have to set priorities, decide what you stand for.
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
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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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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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In a corporation, there can only be one guy in the end: the CEO.
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Listening can make the difference between a mediocre organization and a great one.
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Every business and every product has risks. You can't get around it.
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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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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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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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Every little kid wants to grow up to be a cowboy, and I did.
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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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When the product is right, you don't have to be a great marketer.
Lee Iacocca