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Larry Ellison Life Lessons

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Larry Ellison: flamboyant, eccentric, one of the most brilliant entrepreneurs and named as one of the most successful people in the field of tech, has taught people around him a lot. From almost failing at his dream to more than being a force to be reckoned with, Ellison has done it all. At almost 72 years of age, with a company worth close to $ 200 billion, there is a lot this great man has taught the business and tech world. If you find yourself in a rut and with no way to get out, here are some lessons you need to learn from the tech guru of the world!

1. A degree is just an accessory, not a requirement

For some unfathomable reason, college dropouts are the ones who end up becoming successful in whatever they want to do. Ellison is a special case. He dropped out of college not once, but twice! The second time over, Ellison realised college was not his cup of tea and decided to move to California at 22 years of age. Thankfully for him, he had stayed in school long enough to understand the basics of computer design. A couple of years later, he created a database from scratch just by reading a paper on the subject! Not bad for a two time college dropout, right?

2. Retiring is for the weak 

Larry Ellison was perhaps the longest serving CEO in the history of CEOs so far. A 70 year old CEO at the time was completely unheard of and Ellison practically broke the record at the time. Looking at how Ellison broke the age misconception, other CEOs also started following his trend and now, CEOs everywhere are following this surprising trend!

3. Be greedy and needy 

Worth over $ 49 billion, Ellison is now the fifth richest man in the world. Despite being so well to do, the man did not and could not stop. In fact, in the year 2002, Ellison was one of the highest paid CEOs and earned close to 18% of the total revenue made by Oracle! The lesson here? It is okay to be greedy and needy. You have worked hard for what you have, so why not reap the rewards?

4. Cut off the people who do not help you grow 

Silicon Valley, famous for being home to several successful entrepreneurs, is also infamous for being home to the casual dresser. Ellison decided to nip this habit by letting people know that he was in the market only for people who were very serious about their work. Also, Ellison is also known as the original geek of the tech world, making geeks look good world over!

5. If you have got it, then you should also spend it

The atrociously wealthy Ellison has one basic flaw to his character: he is a spendthrift. From being a true philanthropist and helping in improving the medical field, Ellison has also spent a hoard on monetary acquisitions. He owns two airlines (yes, more than one,) part of an island in Hawaii and at least a couple of mansions in strategic locations around the world. If that is not living in luxury, I do not know what else is.

This brilliant man, with his dreams of achieving something truly extraordinary in life, has managed to leave an awestruck and inspired audience in his wake. If you have been truly inspired by Larry Ellison in ways we have not covered here, comment and let us know!

 

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Entrepreneur Stories

Warren Buffett Most Inspiring Quotes

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Warren Buffett Most Inspiring Quotes,Startup Stories,Warren Buffett Quotes,Warren Buffett Motivational Quotes,10 Warren Buffett Quotes,Richest Man in World,10 Most Inspiring Quotes by Warren Buffett,Warren Buffett Latest News,Berkshire Hathaway CEO,Warren Buffett Success Quotes

The fourth richest man in the world, Warren Buffett is one of the greatest businessmen and investors of all time.  Known for succeeding in everything at which he tried his hands, Warren Buffett is an inspiration to many. Here are the 10 most inspiring quotes by the “Oracle of Omaha.”

 

Most inspiring quotes by Warren Buffett

1) About passion

2) About happiness

3) About expectations

4) About success

5) About spending

6) About the important rules of life

 

7) About reputation

 

8) About doing good

 

9) About investment

 

10) About greed and fear

 

From being a paper delivery boy, to becoming one of the richest men in the world, Warren Buffett is an absolutely inspirational figure.

 

Comment below and let us know which of these quotes by Warren Buffett inspired you the most. 

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First Jobs Of Famous Billionaires

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The success stories of many billionaires around the world inspire many people of our generation and have, on several occasions, ignited a desire in many to start their own business.  However, many of these successful people began their career by working ordinary jobs. Let’s look at 5 such successful people, who started their career by working some very ordinary jobs.

 

First jobs of famous billionaires

1) Warren Buffett

Warren Buffett is the CEO of Berkshire Hathaway and is often referred to as the “Oracle of Omaha.”  However, this American business magnate started his career by selling Coca-Cola bottles, chewing gum and magazines door-to-door.  At the age of 13, he became a newspaper delivery boy and made $ 175 a month, delivering The Washington Post.  He continued to look for other business ventures and accumulated savings of $ 9,800 by the time he finished college.  Now, with a net worth of $ 82 billion, he is the fourth richest person in the world.

2) Michael Bloomberg 

Michael Bloomberg, who founded the financial, software, data and media company Bloomberg L.P., worked as a parking lot attendant when he was young.  Born to middle class parents, Bloomberg worked in a parking lot to pay his tuition fees in college and went on to graduate from Harvard Business School.  Now a well known philanthropist, Michael Bloomberg is one of the richest people in America, with a net worth of $ 53.5 billion.

3) Oprah Winfrey

Oprah Winfrey is a well known media mogul and entrepreneur, who worked as a grocery store clerk in Nashville to support herself.  She then landed a job in radio at the age of 16 and worked her way to the top, eventually owning her own production company. Now, with a net worth of $ 2.6 billion, she is considered one of the most influential women in the world and is a source of inspiration to many.

4) Li Ka Shing

Li Ka Shing was the former chairperson of CK Hutchison Holdings and CK Asset Holdings and is one of the most influential entrepreneurs in Asia.  Coming from a poor family, he started his career as an apprentice at a watch strap factory when he was 13 years old and at the age of 19, became the general manager of the factory.  He later started his own plastic manufacturing company and used the profits from the company to invest in real estate. Li slowly worked his way up the ladder of success and is now one of the richest people in Hong Kong, with a net worth of $ 27.1 billion. 

5) Mark Cuban

Mark Cuban is an American Shark Tank investor, co founder of Broadcast.com and owner of the American basketball team Dallas Mavericks.  Cuban began working at the age of 12 as a door to door garbage bag salesman. After graduating college, he worked as a bartender and then as a salesman for a software company.  He started his own company, Broadcast.com, after getting fired from his job and now has a net worth of $ 4.1 billion.

 

It is true, starting at the bottom does not guarantee success.  However, if you find your passion and work hard towards it, nothing is impossible, as the aforementioned individuals proved.

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JRD Tata Unknown Facts

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Tata Group, which began in 1868, has had six chairmen until now.  Among the six men who served this renowned business group, there was one exceptional man who served as its chairman for 50 whole years and took the Company to great heights.  Yes, the man we are talking about is none other than Jehangir Ratanji Dadabhoy Tata, or JRD Tata.  

From starting India’s first ever international airline, to giving the Country one of its largest cosmetic brands (Lakmé,) this gentleman has done it all.  JRD Tata also strived his best to improve India’s economy on the whole. Here are some unknown facts about this exemplary industrialist. 

 

Unknown facts about JRD Tata

 

1) JRD Tata was born on 29th July, 1904 in Paris and had a French citizenship for a long time.  He even served as a part of the French Army for one year. 

2) In 1925, he entered the Tata Group as an unpaid apprentice. 

3) JRD Tata was always keen on flying and became India’s first licensed pilot in 1929.  

4) In 1929, JRD Tata also renounced his French citizenship and took up Indian citizenship. 

5) In 1934, JRD Tata was elected as the Chairman of the Tata Group.  He was only 30 years when he was elected for this position, making him the youngest person to head the Group. 

6) When he was appointed as the Chairman, the Tata Group had 14 companies under it.  JRD Tata expanded it to an empire of 95 companies in a span of 50 years. Some of the most renowned companies established by JRD Tata during his tenure as the Chairman include Tata Motors (1945,) Lakmé (1952,) Tata Tea Limited (1964,) Tata Consultancy Services (1968) and Titan Industries Limited (1987.) 

7) JRD Tata was the person who launched Air India International, India’s first ever international airline.  For this reason, he is also known as the ‘father of Indian aviation.’ 

8) JRD Tata was the man who initiated the ‘employee welfare schemes’ in India.  He is responsible for the 8 hour work day, free medical aid and the employee provident fund.  These principles were later adopted by the Indian Government. 

9) It is no surprise this man received several awards during his lifetime.  His awards include the Padma Vibhushan (1957) and the Bharat Ratna, India’s highest civilian award (1992.)

10) When JRD Tata died in November 1993, the Indian Parliament was adjourned in his honour. 

Which of these facts about JRD Tata surprised you the most?  Comment below and let us know. 

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