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I was good friends with Frank Sinatra, I heard Steve Kaufman painting his portrait, so I asked Steve to paint my portrait.

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
Frank
Paint
Asked
Painting
Kaufman
Heard
Sinatra
Friends
Portrait
Good
Steve
Portraits

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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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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 your product is great, you yourself do not have to be a great seller.
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Every business and every product has risks. You can't get around it.
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
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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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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'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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In the great undertakings, there is glory, even in failure.
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Listening can make the difference between a mediocre organization and a great one.
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Over the years, many executives have said to me with pride: 'Boy, I worked so hard last year that I didn't take any vacation.' I always feel like responding, You dummy. You mean to tell me you can take responsibility for an eighty-million-dollar project and you can't plan two weeks out of the year to have some fun?
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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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The trick is to make sure you don't die waiting for prosperity to come.
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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Thanks to properly selecting the clients you will not be unnecessarily wasting time.
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I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers.
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In a corporation, there can only be one guy in the end: the CEO.
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When the product is right, you don't have to be a great marketer.
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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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