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Larry Ellison

American businessman

United States · b. 1944

Business and finance

2 answers 0 followers reference

Question What is the biggest obstacle you have faced professionally? Craft & work read 18 other answers →

There were lots of times, especially in the early days, that were very, very difficult. I think the most difficult experience I had was in 1990 when Oracle had its only loss quarter in history. We’d been in business for 20 years, and after 20 years we lost money one quarter. We had a very difficult time. We had virtually doubled our sales every year for ten years. Nine out of ten years, ten out of eleven years. It was really quite an amazing run. We were the fastest growing company in history

Recorded Academy of Achievement, Academy of Achievement interview, San Francisco, California, 1 May 1997 source ↗

Question How has a failure, or apparent failure, set you up for later success? Do you have a favourite failure? Failure & regret read 59 other answers →

Oh, absolutely. I think most overachievers are driven, not so much by the pursuit of success, but by the fear of failure. Unless failure gets very close and very nearby that fear doesn’t reach profound levels, but it drives us. It drives me to work very hard.

Recorded Academy of Achievement, Academy of Achievement interview, San Francisco, California, 1 May 1997 source ↗

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