Lee Iacocca Quotes about Business

You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.

I have always found that if I move with seventy-five percent or more of the facts that I usually never regret it. It's the guys who wait to have everything perfect that drive you crazy.

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.

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.

Even a correct decision is wrong when it was taken too late.

In the end, all business operations can be reduced to three words: people, product, and profits.

There is no substitute for accurate knowledge. Know yourself, know your business, know your men.

In business, I loved cars. I couldn't wait to get to work in the morning. Only in America can you decide to get a good education and pursue what you like.

When the product is right, you don't have to be a great marketer.

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.

We at Chrysler borrow money the old-fashioned way. We pay it back.

In business, you're trying to make a buck. God was good to me and blessed me. I made some money and started this foundation years ago, and it has grown in size. With the foundation it's a lot different, because the bottom line isn't how you can make more money or get a better return, it's helping the projects that you feel strongly about move forward.

People want economy, and they'll pay any price to get it.