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There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
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
Strong
World
Destructive
Ego
Essential
Essentials
Large
Difference
Differences
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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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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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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.
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The speed of the boss is the speed of the team.
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The one word that makes a good manager - decisiveness.
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Most people are looking for security, a nice, safe, prosperous future. And there's nothing wrong with that. It's called the American Dream.
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The right decision is the wrong decision if it's made too late.
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To succeed today, you have to set priorities, decide what you stand for.
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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'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
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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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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.
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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.
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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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Be creative. Use unconventional thinking. And have the guts to carry it out.
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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.
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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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When the product is right, you don't have to be a great marketer.
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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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