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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

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
Stills
Enterprise
Still
Stands
Always
Changing
System
Free
Strong
Adapted
Reality
Realities
Past
Frozen

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They've got about as many lawyers as we have sumo-wrestlers.
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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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Life can be difficult for kids born with a gold spoon in their mouth, because they never really get to find out if they're able to work hard and make it on their own.
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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
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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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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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Bad times are indelible. They stay with you forever.
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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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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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I'm still not sure what is meant by good fortune and success. I know fame and power are for the birds. But then life suddenly comes into focus for me. And, ah, there stand my kids.
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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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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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There's a billboard in a little farm town in the Midwest that says: IF YOU COMPLAIN ABOUT FARMERS, DON'T TALK WITH YOUR MOUTH FULL.
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What is it that you like doing? If you don't like it, get out of it, because you'll be lousy at it. You don't have to stay with a job for the rest of your life, because if you don't like it you'll never be successful in it.
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MBAs know everything but understand nothing.
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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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The speed of the boss is the speed of the team.
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Be creative. Use unconventional thinking. And have the guts to carry it out.
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The right decision is the wrong decision if it's made too late.
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