Lee Iacocca Quotes

The key, I think, from a business point of view, is to learn how to be efficient in making a record that's not too expensive, so that you're not going crazy spending tons of money making a product that might not ever return that money.

Throughout my business life I have always tried to keep on top of costs and protect the downside risk as much possible. The Virgin Group has survived only because we have always kept tight control of our cash. But, likewise, I also know that sometimes it is essential to break these rules and spend lavishly.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

The first thing you've got to remember is that it's your clients' money you're spending.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

I am not that good a manager for me to be comfortable borrowing someone else's money.

Any idiot can make money. Keeping money, very few can do.

I have only ever borrowed money for investment. I have been sound money all my life.

My opinion is just be very careful when you're young and making the money.

If there's something that can be formulated, regulated, give you security, then nobody would lose money. Every movie would be successful. And that's certainly not the case.

The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes.

When you have less risk, you have more fun. You can take risks. It's much easier to take risks when there's less money on the line.

My philosophy, in a nutshell, is to wipe out the greatest amount of risk with the least amount of money.

A woman of fortune being used the handling of money, spends it judiciously; but a woman who gets the command of money for the first time upon her marriage, has such a gust in spending it, that she throws it away with great profusion.

If saving money is wrong, I don't want to be right!

I don't like being in debt, and I wouldn't borrow money for anything.

I started out from a pretty modest background, so I always had a pretty good sense of money. I always had to work for my money, save my own money, I always bought my own stuff with my money... trying not to waste money unnecessarily.

I always believed that you can make challenging films, but they should be fiscally responsible.

Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.

If you're a producer, you always spend too much money because you want that shot - and you're willing to spend a bundle to get it.

Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.

I do not give money for just mere hopes.

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

I like not to feel that all my eggs are in one basket, or I get nervous.

I try to do the right thing with money. Save a dollar here and there, clip some coupons. Buy ten gold chains instead of 20. Four summer homes instead of eight.