225 Quotes by Lee Iacocca

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.

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.

You can’t have a country or a city or a state that’s worth a damn unluss you govern within yourself in your day-to-day life.

Every business and every product has risks. You can’t get around it.

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.

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

They’ve got about as many lawyers as we have sumo-wrestlers.

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.

I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That’s what I think philanthropy is about.