225 Quotes by Lee Iacocca

The kind of people I look for to fill top management spots are the eager beavers, the mavericks. These are the guys who try to do more than they’re expected to do – they always reach.

Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities.

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.

I don’t need a $100 million mistake. Try to make a $5 million mistake if you have to make one.

If you own up to your mistakes, you don’t suffer as much. But that’s a tough lesson to learn.

We load up on oat bran in the morning so we’ll live forever. Then we spend the rest of the day living like there’s no tomorrow.

I guess that’s one achievement I’m really proud of. Saving Chrysler was more than jobs, more than shareholder value. Saving Chrysler was a good idea for the whole country.

The one word that makes a good manager – decisiveness.

There’s a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.