The Best Lee Iacocca quotes

Lee Iacocca quotes thumbnail

Most people know the name Lee Iacocca, but few know the story of how this American businessman became a success. Born in Pennsylvania in 1924, Iacocca rose to prominence as the president of Ford Motor Company in the 1970s. He is best known for his work on the development of the Ford Mustang and for reviving Chrysler Corporation in the 1980s. This inspiring autoquotes compilation tells the story of one man’s journey from rags to riches, and offers advice for anyone looking to succeed in business.

Discover the deepest Manager, Time, Product, Life, Car quotes from Lee Iacocca, and much more.


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About Lee Iacocca

birth of the author

October 15, 1924

death of the author

July 2, 2019

college of the author

Alma Mater:
Lehigh University Princeton University

occupation of the author

Businessman Former Chrysler Chairman Former Ford President

date of the author

Years Active:


Chrysler builds great cars. โ€” Lee Iacocca

Styling cars sells cars and safety does not. โ€” Lee Iacocca

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. โ€” Lee Iacocca


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If it hadn’t been for Henry Ford’s drive to create a mass market for cars, America wouldn’t have a middleโ€“class today. โ€” Lee Iacocca

chrysler builds great cars Lee Iacocca quote

The cement in our whole democracy today is the worker who makes $ 15 an hour. He’s the guy who will buy a house and a car and a refrigerator. He’s the oil in the engine. โ€” Lee Iacocca


There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there. โ€” Lee Iacocca

If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I’d Say Decisiveness. โ€” Lee Iacocca

Decisiveness is the one word that makes a good manager. โ€” Lee Iacocca

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. โ€” Lee Iacocca

decisiveness is the one word that makes a good manager Lee Iacocca quote


The ability to concentrate and to use your time well is everything. โ€” Lee Iacocca

The ability to concentrate and to use your time well is everything if you want to succeed in businessโ€“โ€“or almost anywhere else for that matter. โ€” Lee Iacocca

Thanks to properly selecting the clients you will not be unnecessarily wasting time. โ€” Lee Iacocca

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. โ€” Lee Iacocca

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. โ€” Lee Iacocca

the ability to concentrate and to use your time well is everything Lee Iacocca quote


If your product is great, you yourself do not have to be a great seller. โ€” Lee Iacocca

Every business and every product has risks. You can’t get around it. โ€” Lee Iacocca

There’s no great mystery to satisfying your customers. Build them a quality product and treat them with respect. It’s that simple. โ€” Lee Iacocca

In the end, all business operations can be reduced to three words: people, product, and profits. โ€” Lee Iacocca


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. โ€” Lee Iacocca

don t go spending your whole life commiserating that you got the raw deals Lee Iacocca quote

My father always used to say that when you die, if you’ve got five real friends, then you’ve had a great life. โ€” Lee Iacocca

Formal learning can teach you a great deal but many of the essential skills in life are the ones you have to develop on your own. โ€” Lee Iacocca

You can’t have a country or a city or a state that’s worth a damn unluss you govern within yourself in your dayโ€“toโ€“day life. โ€” Lee Iacocca

Don’t go spending your whole life commiserating that you got the raw deals. โ€” Lee Iacocca

There are times in everyone’s life when something constructive is born out of adversity… when things seem so bad that you’ve got to grab your fate by the shoulders and shake it. โ€” Lee Iacocca

As you go through life, there are thousands of little forks in the road, and there are a few really big forksโ€“those moments of reckoning, moments of truth. โ€” Lee Iacocca

I’m still not sure what is meant by good fortune and success. I know fame and power are for the birds. But then life suddenly comes into focus for me. And, ah, there stand my kids. โ€” Lee Iacocca

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. โ€” Lee Iacocca

The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind. โ€” Lee Iacocca

If you make believe that ten guys in pinโ€“striped suits are back in a kindergarten class playing with building blocks, you’ll get a rough picture of what life in a corporation is like. โ€” Lee Iacocca

Inspiring Phrases From Lee Iacocca

What is wrong with changing your mind because the facts changed? But you have to be able to say why you changed your mind and how the facts changed. โ€” Lee Iacocca

Don’t just stand there; make something happen. โ€” Lee Iacocca

Redundant Thematics

In Lee Iacocca Statements


I don’t need a $100 million mistake. Try to make a $5 million mistake if you have to make one. โ€” Lee Iacocca

I’ve always found that the speed of the boss is the speed of the team. โ€” Lee Iacocca

I’ve got to get stop getting fired like this. People will start to think I’m a drifter. โ€” Lee Iacocca

don t just stand there make something happen Lee Iacocca quote

Incompetency begets Incompetency. the last thing a guy who isn’t sure of himself wants is a guy backing him up who is sure of himself. โ€” Lee Iacocca

If a guy is over 25 percent jerk, he’s in trouble. And Henry was 95 percent. โ€” Lee Iacocca

Various Statements From Lee Iacocca

Trouble shared is trouble halved. โ€” Lee Iacocca

Most people are looking for security, a nice, safe, prosperous future. And there’s nothing wrong with that. It’s called the American Dream. โ€” Lee Iacocca

What is it that you like doing? If you don’t like it, get out of it, because you’ll be lousy at it. โ€” Lee Iacocca

trouble shared is trouble halved Lee Iacocca quote

The right decision is the wrong decision if it’s made too late. โ€” Lee Iacocca

Pick good people and set the right priorities. โ€” Lee Iacocca

Here’s what management is about: Pick good people and set the right priorities. โ€” Lee Iacocca

Any supervisor worth his salt would rather deal with people who attempt too much than with those who try too little. โ€” Lee Iacocca

More Phrases From Lee Iacocca

We’ve got to pause and ask ourselves: How much clean air do we need? โ€” Lee Iacocca

we ve got to pause and ask ourselves how much clean air do we need Lee Iacocca quote

The only mistake I ever made was not listening to my gut. โ€” Lee Iacocca

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. โ€” Lee Iacocca

The speed of The boss is The speed of The team. โ€” Lee Iacocca

I have always found that if I move with seventyโ€“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. โ€” Lee Iacocca

Leadership means setting an example. When you find yourself in a position of leadership, people follow your every move. โ€” Lee Iacocca

the only mistake i ever made was not listening to my gut Lee Iacocca quote

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. โ€” Lee Iacocca

Deeper Quotes From Lee Iacocca

Even a correct decision is wrong when it was taken too late. โ€” Lee Iacocca

Bad times are indelible. They stay with you forever. โ€” Lee Iacocca

To solve big problems you have to be willing to do unpopular things. โ€” Lee Iacocca

Mbas know everything but understand nothing. โ€” Lee Iacocca

even a correct decision is wrong when it was taken too late Lee Iacocca quote

A good deal is a state of mind. โ€” Lee Iacocca

LEE IACOCCA Quotes Take Away

Lee Iacoccaโ€™s words of wisdom are as relevant now as they were when he first uttered them. We hope youโ€™ve been inspired by these quotes to take action and achieve success in your own life. If youโ€™re looking for more inspiration, or want to learn how to apply these principles to your business, be sure to check out our online courses. With our help, you can become a successful entrepreneur just like Lee Iacocca.

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