Lee Iacocca is a name which Ford and Chrysler will never be able to forget. He saved one from bankruptcy and put another on the world stage in the process. I wonder why he doesnt come public and buy Hummer to make profitable while saving jobs at the same time. For those who don't know him, here are two links.
1. http://en.wikipedia.org/wiki/Lee_Iacocca
2. www.leeiacocca.com/
Here are some quotes from him I find interesting.
1. 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.
2. Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.
3. Every business and every product has risks. You can't get around it.
4. 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.
5. I hire people brighter than me and then I get out of their way.
6. If a guy is over 25 percent jerk, he's in trouble. And Henry was 95 percent.
7. 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.
8. In the end, all business operations can be reduced to three words: people, product, and profits.
9. My father always used to say that when you die, if you've got five real friends, then you've had a great life.
10. 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.
11. We at Chrysler borrow money the old-fashioned way. We pay it back.
12. You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
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