--- title: "Meaning & Key Takeaway of: Every business and every product has…" description: "\"Every business and every product has risks. You can't get around it.\" — Lee Iacocca" image: "https://sms4smile.com/quotes/i/705/lee-iacocca-3170_business_every-business-and-every-product-has-ris_1043301.png" --- # Every business and every product has risks. You can't get… ![“Every business and every product has risks. You can't get around it.” quote by Lee Iacocca](https://sms4smile.com/quotes/i/705/lee-iacocca-3170_business_every-business-and-every-product-has-ris_1043301.png) [Download](https://sms4smile.com/quotes/i/705/lee-iacocca-3170_business_every-business-and-every-product-has-ris_1043301.png) [Open image](https://sms4smile.com/quotes/i/705/lee-iacocca-3170_business_every-business-and-every-product-has-ris_1043301.png) > “Every business and every product has risks. You can't get around it.” [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. All enterprises and products inherently involve risk; avoidance is impossible, so risk management is essential. **In simple terms:** Business always has risk. Key Takeaway Plan for and mitigate risks. Themes risk business product development Mood cautious pragmatic Type strategic practical When to use this quote - investment decisions - new product launches - market entry strategies Key Concepts risk assessment strategic planning uncertainty management Questions to Reflect On - What risks are you overlooking? - How can you turn risk into opportunity? A Different Perspective Risk cannot be eliminated, only managed. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Business Product](https://sms4smile.com/quotes/about/business-product-1055566/) [Product](https://sms4smile.com/quotes/about/product/) [Product Risks](https://sms4smile.com/quotes/about/product-risks-2451867/) [Risk](https://sms4smile.com/quotes/about/risk/) [Risks](https://sms4smile.com/quotes/about/risks/) ## Related quotes > [Everyone runs their own business - and the product is you.](https://sms4smile.com/quotes/anonymous/everyone-runs-their-own-business-and-the-product-is-you/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The key to growing a business is that you need to be meeting some segment of the consumer's needs. If you've got a small…](https://sms4smile.com/quotes/ben-cohen/the-key-to-growing-a-business-is-that-you-need-to-be-meeting-some/) [Ben Cohen](https://sms4smile.com/quotes/author/ben-cohen/) > [It's a business, and I'm a product. Terrible, isn't it?](https://sms4smile.com/quotes/cilla-black/it-s-a-business-and-i-m-a-product-terrible-isn-t-it/) [Cilla Black](https://sms4smile.com/quotes/author/cilla-black/) > [And, of course, you have the commercials where savvy businesspeople get ahead by using their MacIntosh computers to create the ultimate American business product:…](https://sms4smile.com/quotes/dave-barry/and-of-course-you-have-the-commercials-where-savvy-businesspeople-get/) [Dave Barry](https://sms4smile.com/quotes/author/dave-barry/) > [There had to be a market in order for you to be successful in a business. The market had to need your business, or…](https://sms4smile.com/quotes/chuck-berry/there-had-to-be-a-market-in-order-for-you-to-be-successful-in-a/) [Chuck Berry](https://sms4smile.com/quotes/author/chuck-berry/) > [Entrepreneurs take measured risks, not hopeless gambles.](https://sms4smile.com/quotes/charlie-kirk/entrepreneurs-take-measured-risks-not-hopeless-gambles/) [Charlie Kirk](https://sms4smile.com/quotes/author/charlie-kirk/) > [It's like every step we take in our lives is a risk and yet we must go on.](https://sms4smile.com/quotes/terry-mark/it-s-like-every-step-we-take-in-our-lives-is-a-risk-and-yet-we-must/) [Terry Mark](https://sms4smile.com/quotes/author/terry-mark/) > [Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities…](https://sms4smile.com/quotes/jerome-powell/alignment-of-business-strategy-and-risk-appetite-should-minimize-the/) [Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/) > [We must always take risks. That is our destiny.](https://sms4smile.com/quotes/t-s-eliot/we-must-always-take-risks-that-is-our-destiny/) [T. S. 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His sense of humor…](https://sms4smile.com/quotes/padmasree-warrior/my-mom-taught-me-the-power-of-love-i-learned-to-focus-on-the-long/) [Padmasree Warrior](https://sms4smile.com/quotes/author/padmasree-warrior/) > [If you don't take risks, you don't drink champagne.](https://sms4smile.com/quotes/garry-kasparov/if-you-don-t-take-risks-you-don-t-drink-champagne/) [Garry Kasparov](https://sms4smile.com/quotes/author/garry-kasparov/) > [Well look, CIA is an agency that has to collect intelligence, do operations. We have to take risks and it's important that we take…](https://sms4smile.com/quotes/leon-panetta/well-look-cia-is-an-agency-that-has-to-collect-intelligence-do/) [Leon Panetta](https://sms4smile.com/quotes/author/leon-panetta/) ## More by Lee Iacocca > [The right decision is the wrong decision if it's made too late.](https://sms4smile.com/quotes/lee-iacocca/the-right-decision-is-the-wrong-decision-if-it-s-made-too-late/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [“Apply yourself. Get all the education you can, but then...do something. Don't just stand there, make it happen.”](https://sms4smile.com/quotes/lee-iacocca/apply-yourself-get-all-the-education-you-can-but-then-do-something/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [The ability to concentrate and to use time well is everything.](https://sms4smile.com/quotes/lee-iacocca/the-ability-to-concentrate-and-to-use-time-well-is-everything/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [There are times in everyone's life when something constructive is born out of adversity... when things seem so bad that you've got to grab…](https://sms4smile.com/quotes/lee-iacocca/there-are-times-in-everyone-s-life-when-something-constructive-is/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.](https://sms4smile.com/quotes/lee-iacocca/in-a-completely-rational-society-the-best-of-us-would-be-teachers-and/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [It was emotional when Chrysler sold out to the Germans.](https://sms4smile.com/quotes/lee-iacocca/it-was-emotional-when-chrysler-sold-out-to-the-germans/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [We are continually faced by great opportunities brilliantly disguised as insoluble problems.](https://sms4smile.com/quotes/lee-iacocca/we-are-continually-faced-by-great-opportunities-brilliantly-disguised/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind.](https://sms4smile.com/quotes/lee-iacocca/the-greatest-discovery-of-my-generation-is-that-human-beings-can/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [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…](https://sms4smile.com/quotes/lee-iacocca/no-matter-what-you-ve-done-for-yourself-or-for-humanity-if-you-can-t/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [Be creative. Use unconventional thinking. And have the guts to carry it out.](https://sms4smile.com/quotes/lee-iacocca/be-creative-use-unconventional-thinking-and-have-the-guts-to-carry-it/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [ They're on you day and night. Their oversight is just too extreme \[. . .\] That's why our 10-year loan, we paid it back… ](https://sms4smile.com/quotes/lee-iacocca/they-re-on-you-day-and-night-their-oversight-is-just-too-extreme-that/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [I hire people brighter than me and then I get out of their way.](https://sms4smile.com/quotes/lee-iacocca/i-hire-people-brighter-than-me-and-then-i-get-out-of-their-way/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [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…](https://sms4smile.com/quotes/lee-iacocca/i-have-found-that-being-honest-is-the-best-technique-i-can-use-right/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [Your legacy should be that you made it better than it was when you got it.](https://sms4smile.com/quotes/lee-iacocca/your-legacy-should-be-that-you-made-it-better-than-it-was-when-you/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [Never rest on your oars as a boss. If you do, the whole company starts sinking.](https://sms4smile.com/quotes/lee-iacocca/never-rest-on-your-oars-as-a-boss-if-you-do-the-whole-company-starts/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) [Explore all 138 Lee Iacocca quotes ](https://sms4smile.com/quotes/author/lee-iacocca/) ## More Business quotes > [Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't…](https://sms4smile.com/quotes/doug-mcmillon/companies-with-cultures-that-celebrate-diverse-opinions-and-encourage/) [Doug McMillon](https://sms4smile.com/quotes/author/doug-mcmillon/) > [You can laugh at me, but I understand show business.](https://sms4smile.com/quotes/ksenia-sobchak/you-can-laugh-at-me-but-i-understand-show-business/) [Ksenia Sobchak](https://sms4smile.com/quotes/author/ksenia-sobchak/) > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Take some books and read; that’s an immense help; and books are always good company if you have the right sort.”](https://sms4smile.com/quotes/louisa-may-alcott/take-some-books-and-read-that-s-an-immense-help-and-books-are-always/) [Louisa May Alcott](https://sms4smile.com/quotes/author/louisa-may-alcott/) > [I'm a business first and foremost so whatever my business is, it's separate from my personal. It's like whatever I do business wise, it's…](https://sms4smile.com/quotes/snoop-dogg/i-m-a-business-first-and-foremost-so-whatever-my-business-is-it-s/) [Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/) > [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/) [Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/) > [Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I…](https://sms4smile.com/quotes/ryan-kavanaugh/nobody-has-a-crystal-ball-and-part-of-evolving-a-business-plan-is-to/) [Ryan Kavanaugh](https://sms4smile.com/quotes/author/ryan-kavanaugh/) > [I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And…](https://sms4smile.com/quotes/g-dragon/i-think-a-business-guy-is-different-from-an-artist-they-walk/) [G-Dragon](https://sms4smile.com/quotes/author/g-dragon/) > [ “\[S\]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once,… ](https://sms4smile.com/quotes/nora-ephron/s-ometimes-when-you-are-a-food-person-the-possible-irrelevance-of/) [Nora Ephron](https://sms4smile.com/quotes/author/nora-ephron/) > [If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then…](https://sms4smile.com/quotes/jack-ma/if-you-have-a-different-mindset-you-will-have-a-different-outcome-if/) [Jack Ma](https://sms4smile.com/quotes/author/jack-ma/) > [“Some say the Earth is angry Because he wants no company; I say the Earth is angry Because he lives alone.”](https://sms4smile.com/quotes/n-k-jemisin/some-say-the-earth-is-angry-because-he-wants-no-company-i-say-the/) [N.K. Jemisin](https://sms4smile.com/quotes/author/n-k-jemisin/) > [ If the State does not acquire supremacy over \[vast private\] enterprises, it becomes their puppet, and they become the real State. ](https://sms4smile.com/quotes/bertrand-russell/if-the-state-does-not-acquire-supremacy-over-vast-private-enterprises/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) > [It's not just that families can't buy a home or start a business without some savings tucked away.](https://sms4smile.com/quotes/jim-cooper/it-s-not-just-that-families-can-t-buy-a-home-or-start-a-business/) [Jim Cooper](https://sms4smile.com/quotes/author/jim-cooper/) > [I'm not into business at all.](https://sms4smile.com/quotes/freddie-mercury/i-m-not-into-business-at-all/) [Freddie Mercury](https://sms4smile.com/quotes/author/freddie-mercury/) > [I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation…](https://sms4smile.com/quotes/ronald-reagan/i-ve-long-believed-one-of-the-mainsprings-of-our-own-liberty-has-been/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) [Browse all 39,016 Business quotes ](https://sms4smile.com/quotes/about/business/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Every business and every product has risks. 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