Lee Iacocca Quotes

“I hire people brighter than me and then I get out of their way.”

“I was the general in the war to save Chrysler… I began by reducing my own salary to $1.00 a year. Leadership means setting an example. When you find yourself in a position of leadership, people follow your every move.”

“In the end, all business operations can be reduced to three words: people, product, and profits. Unless you’ve got a good team, you can’t do much with the other two.”

“In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive. ”

“Management is nothing more than motivating other people.”

“My father always drilled two things into me: never get into a capital-intensive business, because the bankers will end up owning you.
And when times are tough, be in the food business, because no matter how bad things get, people still have to eat.”

“The speed of the boss is the speed of the team.”

“Trouble shared is trouble halved.”

“When the product is right, you don’t have to be a great marketer.”