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" People want economy and they will pay any price to get it. "
Lee Iacocca
Price
People
Pay
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" If a guy is over 25 percent jerk, he's in trouble. And Henry was 95 percent. "
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" In a corporation, there can only be one guy in the end: the CEO. "
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" It was emotional when Chrysler sold out to the Germans. "
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Sold
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" We are continually faced by great opportunities brilliantly disguised as insoluble problems. "
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" 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. "
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Long
" The speed of the boss is the speed of the team. "
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Boss
Team
Speed
" 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? "
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Love
Family
Yourself
" Chrysler builds great cars. "
Lee Iacocca
Builds
Chrysler
Great
" 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
" 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. "
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Wrong
Facts
Mind
" The one word that makes a good manager - decisiveness. "
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Good
Manager
One Word
" The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind. "
Lee Iacocca
Mind
Discovery
Human
" Every business and every product has risks. You can't get around it. "
Lee Iacocca
Risks
You
Business
" 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. "
Lee Iacocca
Manager
Waiting
See
" Management is nothing more than motivating other people. "
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Management
Work
People
" 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. "
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Know
Good
Important
" The ability to concentrate and to use time well is everything. "
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Ability
Well
Use
" Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss. "
Lee Iacocca
Business
Start
Employees
" Trouble shared is trouble halved. "
Lee Iacocca
Trouble
Wisdom
Shared
" There is no substitute for accurate knowledge. Know yourself, know your business, know your men. "
Lee Iacocca
Know
Business
Men
" 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 affections are like lightning: you cannot tell where they will strike till they have fallen. "
Lee Iacocca
Like
Tell
You
" We at Chrysler borrow money the old-fashioned way. We pay it back. "
Lee Iacocca
Money
Finance
Borrow
" We've got to pause and ask ourselves: How much clean air do we need? "
Lee Iacocca
Got
Pause
Need
" I forgot to shake hands and be friendly. It was an important lesson about leadership. "
Lee Iacocca
Lesson
Leadership
Important
" The only rock I know that stays steady, the only institution I know that works, is the family. "
Lee Iacocca
Stays
Know
Family
" 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 was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford. "
Lee Iacocca
Five
Chrysler
Months
" I've always found that the speed of the boss is the speed of the team. "
Lee Iacocca
Team
Found
Always
" In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else. "
Lee Iacocca
Society
Best
Teachers