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" I guess I invented extended warranties, because that's all we had to sell at Chrysler in those days. "
Lee Iacocca
Guess
Those
Sell
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" I've always found that the speed of the boss is the speed of the team. "
Lee Iacocca
Team
Found
Always
" 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. "
Lee Iacocca
Achievement
Country
Value
" 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. "
Lee Iacocca
Look
Management
People
" A guy named Charlie Beacham was my first mentor at Ford. He taught me the importance of the dealers, and he rubbed my nose in the retail business. "
Lee Iacocca
Retail
Business
Guy
" The speed of the boss is the speed of the team. "
Lee Iacocca
Boss
Team
Speed
" We are continually faced by great opportunities brilliantly disguised as insoluble problems. "
Lee Iacocca
Opportunities
Faced
Great
" 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
Office
Run
Post Office
" Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen. "
Lee Iacocca
Education
God
Stand
" 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. "
Lee Iacocca
You
Sacrifice
Best
" The one word that makes a good manager - decisiveness. "
Lee Iacocca
Good
Manager
One Word
" The discipline of writing something down is the first step toward making it happen. "
Lee Iacocca
Writing
Discipline
First Step
" So what do we do? Anything. Something. So long as we just don't sit there. If we screw it up, start over. Try something else. If we wait until we've satisfied all the uncertainties, it may be too late. "
Lee Iacocca
Late
Long
Start
" Trouble shared is trouble halved. "
Lee Iacocca
Trouble
Wisdom
Shared
" Chrysler invented rebates, I'm sorry to say. I didn't have anything to do with that. A lot of flaky deals were made in order to give the customer enough cash for a down payment. "
Lee Iacocca
Say
Cash
Customer
" Talk to people in their own language. If you do it well, they'll say, 'God, he said exactly what I was thinking.' And when they begin to respect you, they'll follow you to the death. "
Lee Iacocca
Death
Respect
God
" The trick is to make sure you don't die waiting for prosperity to come. "
Lee Iacocca
Die
Prosperity
Come
" I hire people brighter than me and then I get out of their way. "
Lee Iacocca
People
Than
Way
" The affections are like lightning: you cannot tell where they will strike till they have fallen. "
Lee Iacocca
Like
Tell
You
" In a corporation, there can only be one guy in the end: the CEO. "
Lee Iacocca
Guy
Only
In The End
" There is no substitute for accurate knowledge. Know yourself, know your business, know your men. "
Lee Iacocca
Know
Business
Men
" Every business and every product has risks. You can't get around it. "
Lee Iacocca
Risks
You
Business
" In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive. "
Lee Iacocca
Stress
Adversity
Anger
" You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere. "
Lee Iacocca
Brilliant
Your
You
" No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished? "
Lee Iacocca
Love
Family
Yourself
" I forgot to shake hands and be friendly. It was an important lesson about leadership. "
Lee Iacocca
Lesson
Leadership
Important
" It was emotional when Chrysler sold out to the Germans. "
Lee Iacocca
Out
Sold
Chrysler
" 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. "
Lee Iacocca
Facts
Drive
Regret
" Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people. "
Lee Iacocca
Inspire
You
Work
" My father always used to say that when you die, if you've got five real friends, then you've had a great life. "
Lee Iacocca
You
Life
Friends
" People want economy and they will pay any price to get it. "
Lee Iacocca
Price
People
Pay