Your legacy should be that you made it better than it was when you got it.
In the end, all business operations can be reduced to three words: people, product, and profits.
Every business and every product has risks. You can’t get around it.
The only mistake I ever made was not listening to my gut.
The discipline of writing something down is the first step toward making it happen.
We’ve got to pause and ask ourselves: How much clean air do we need?
What is it that you like doing? If you don’t like it, get out of it, because you’ll be lousy at it.
If we screw it up, start over. Try something else.
We at Chrysler borrow money the old-fashioned way. We pay it back.
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.
Bad times are indelible. They stay with you forever.
I learned about the strength you can get from a close family life. I learned to keep going, even in bad times. I learned not to despair, even when my world was falling apart. I learned that there are no free lunches. And I learned the value of hard work.
There’s no great mystery to satisfying your customers. Build them a quality product and treat them with respect. It’s that simple.
Leadership means setting an example. When you find yourself in a position of leadership, people follow your every move.
To succeed today, you have to set priorities, decide what you stand for.
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.
Don’t just stand there; make something happen.
The ability to concentrate and to use your time well is everything if you want to succeed in business – or almost anywhere else for that matter.
I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That’s what I think philanthropy is about.
Management is nothing more than motivating other people.