Quote

Mistakes are a part of life you can't avoid them. All you can hope is that they won't be too expensive and that you don't make the same mistake twice.

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
Mistakes
Mistake
Hope
Part
Make
Life
Twice
Expensive
Avoid

More quotes by Lee Iacocca

Image
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.
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
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.
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
Every business and every product has risks. You can't get around it.
Lee Iacocca
Image
The right decision is the wrong decision if it's made too late.
Lee Iacocca
Image
Never rest on your oars as a boss. If you do, the whole company starts sinking.
Lee Iacocca
Image
If your product is great, you yourself do not have to be a great seller.
Lee Iacocca
Image
Your legacy should be that you made it better than it was when you got it.
Lee Iacocca
Image
Bad times are indelible. They stay with you forever.
Lee Iacocca
Image
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
Image
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.
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 you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.
Lee Iacocca
Image
Talk to people in their own language. If you do it well, they'll say,God, he said exactly what I was thinking. And when they begin to respect you, they'll follow you to the death.
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
Image
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.
Lee Iacocca
Image
The speed of the boss is the speed of the team.
Lee Iacocca
Image
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
Image
I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That's what I think philanthropy is about.
Lee Iacocca