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MBAs know everything but understand nothing.

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
Mbas
Mba
Understand
Everything
Nothing

More quotes by Lee Iacocca

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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.
Lee Iacocca
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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 your time well is everything if you want to succeed in business--or almost anywhere else for that matter.
Lee Iacocca
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Every business and every product has risks. You can't get around it.
Lee Iacocca
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The trick is to make sure you don't die waiting for prosperity to come.
Lee Iacocca
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I'd really love to meet the guy I'm supposed to be. I'd hire him in a second.
Lee Iacocca
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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.
Lee Iacocca
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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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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
Lee Iacocca
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Business, after all, is nothing more than a bunch of human relationships.
Lee Iacocca
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There's no great mystery to satisfying your customers. Build them a quality product and treat them with respect. It's that simple.
Lee Iacocca
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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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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.
Lee Iacocca
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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.
Lee Iacocca
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
Lee Iacocca
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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.
Lee Iacocca
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I forgot to shake hands and be friendly. It was an important lesson about leadership.
Lee Iacocca
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The right decision is the wrong decision if it's made too late.
Lee Iacocca
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To solve big problems you have to be willing to do unpopular things.
Lee Iacocca