The ability to concentrate and to use time well is everything.
Lee IacoccaRead
People want economy, and they'll pay any price to get it.
Interpretation
What this quote means
People prioritize affordability and will invest significantly to achieve lower costs.
This quote by Lee Iacocca emphasizes the human desire for economical solutions and the lengths to which individuals and society will go to obtain them. It underscores the importance of affordability in decision-making processes, suggesting that consumers may compromise on other factors if the price is right.
Themes
EconomyAffordabilityValuePriceCost
In practice
Example use cases
In a business presentation about pricing strategy, one might quote Iacocca to emphasize the importance of competitive pricing.
More from Lee Iacocca
All quotes βI 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.
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No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished?
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Listening can make the difference between a mediocre organization and a great one.
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What is it that you like doing? If you don't like it, get out of it, because you'll be lousy at it. You don't have to stay with a job for the rest of your life, because if you don't like it you'll never be successful in it.
Lee IacoccaRead
In business, you're trying to make a buck. God was good to me and blessed me. I made some money and started this foundation years ago, and it has grown in size. With the foundation it's a lot different, because the bottom line isn't how you can make more money or get a better return, it's helping the projects that you feel strongly about move forward.
Lee IacoccaRead
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