Lee Iacocca Life Quotations

The biggest mistake in my life was hiring Eaton as chairman without checking him out first, ... I didn't know him and hired the wrong guy, an error of judgment. When you make a bad people choice it hurts a lot of people for a long time.

Boys, there ain't no free lunches in this country. And don't go spending your whole life commiserating that you got the raw deals. You've got to say, "I think that if I keep working at this and want it bad enough I can have it." It's called perseverance.

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.

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.

The discipline of writing something down is the first step toward making it happen.