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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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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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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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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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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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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.
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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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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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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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Be creative. Use unconventional thinking. And have the guts to carry it out.
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Every business and every product has risks. You can't get around it.
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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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The discipline of writing something down is the first step toward making it happen.
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Bad times are indelible. They stay with you forever.
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A major reason capable people fail to advance is that they don't work well with their colleagues.
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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.
Lee Iacocca
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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.
Lee Iacocca
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The ability to concentrate and to use time well is everything.
Lee Iacocca
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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.
Lee Iacocca
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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
Lee Iacocca