Larry Ellison has a long history of risk taking. Initially, his life was laid out in front of him with expectations of becoming a doctor, getting married and having kids. While he went forward with medical school, his heart wasn’t in it. He dropped out of premed school and moved to California where he became an environmentalist. He did some computer programming, worked as a rock climbing and a river guide.<\/p>\n

He was having a great time but his wife was not impressed with his lack of ambition. She kicked him out of the house and they divorced. Ellison looks back on this as a pivotal moment in his life. It allowed him to focus on the things he cared about finally, not what others expected him to care about.<\/p>\n

He did a lot of job changing and experimenting through his 20’s. He was instrumental in creating a new database that was deemed essential technology at the beginning of the information age. Oracle was created and of course his family never accused him for lacking ambition again.<\/p>\n

There were some challenges at the beginning of Oracle’s life. The sales team overstated the revenues to get bigger commissions. This forced them to restate their earnings two times which caused market capitalization to drop by 80%. Oracle was on the verge of bankruptcy four years after its initial public offering on the stock market.<\/p>\n

Massive lawsuits and an overhaul of the senior staff helped them get back credibility. Ellison still feels that releasing incorrect earning statements was just bad business. Oracle and Ellison have moved way past this growing pain and he is the fifth richest person in the world. He currently has a net worth of $56 billion.<\/p>\n

\"\" — Attributed to y-oman.com<\/figcaption><\/figure>\n<\/div>\n
\n
15. James Dyson and His Bag-less Vacuum Cleaners<\/h2>\n<\/div>\n
James Dyson was not born a great inventor. He had no specific talents or gifts. Inventors that are familiar to us are considered grinders. People that simply didn’t quit, like Thomas Edison. Sir James Dyson is one of those people. Due to frustration of his own vacuum experience, he committed to creating a bag-less vacuum cleaner. He now sells his bag-less vacuum cleaners in over 50 countries around the world and it has made him a billionaire. Before he succeeded, he experienced a lot of failures.<\/p>\n
One might even say he failed 5127 times. That’s how many prototypes he created in the name of the perfect vacuum cleaner. It took him 15 years to create a product he was willing to take to the market. His first vacuum made its debut in 1993. To create the vacuum based on Dyson’s patented principle which can only be described as a cyclone effect was the means in which to create a bag-less vacuum cleaner.<\/p>\n
This is what Dyson had to say about his journey to success,
\n‘There are countless times an inventor can give up on an idea. By the time I made my 15th prototype, my third child was born. By 2,627, my wife and I were really counting our pennies. By 3,727, my wife was giving art lessons for some extra cash. These were tough times, but each failure brought me closer to solving the problem.’
\nPartially thanks to his supportive wife coupled with his unrelenting drive regardless of failures, Dyson was going to succeed. Today James Dyson has a net worth of $ 4.5 billion.<\/p>\n
All of these highly successful billionaires were at points in their life where they failed. Each of them will tell you failure is a part of success. Without it, you will never know what you’re doing wrong. We are a goal-oriented species so it’s in our nature to just keep going until we get it right. Society may have taught us to play safe in life but without the courage to fail, none of the highly successful people on this list would have made it to where they are today.<\/p>\n<\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
If you’ve ever felt like you’re a failure, you should take a look at this list of distinguished billionaires. All of them had major setbacks whether it was through bad decisions or rejections. The one common characteristic they all tend to share is their ability to bounce back. They persevered past failures and used it […]<\/p>\n","protected":false},"author":11,"featured_media":2851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,104],"tags":[],"class_list":["post-2825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-billionaires","category-business"],"lang":"en","translations":{"en":2825},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/posts\/2825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/comments?post=2825"}],"version-history":[{"count":19,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/posts\/2825\/revisions"}],"predecessor-version":[{"id":2949,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/posts\/2825\/revisions\/2949"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/media\/2851"}],"wp:attachment":[{"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/media?parent=2825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/categories?post=2825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.moneyppl.com\/wp-json\/wp\/v2\/tags?post=2825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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