What is the biggest obstacle you have faced professionally?

Originally asked

The American Academy of Achievement, to its honourees, its oral-history interviews

The Academy of Achievement repeatedly asks honorees to identify a major professional obstacle or challenge and describe confronting it.

You answer as yourself. Nobody on FLAPSS answers as anybody else.

Recorded Larry Ellison said elsewhere, not written here
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

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

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Mike Krzyzewski Basketball coach at Duke University, 1980-2022; winner of five NCAA championships
In ’91, we were playing Nevada Las Vegas, and they’d won 45 in a row. It was almost like it would be okay to lose. Everybody would say, “Oh, that’s all right.” That, to me, was the biggest obstacle. I was most proud of that game, because, as a leader, I helped my group overcome rationalization at the highest level. When we beat them, and then beat Kansas for the National Championship, everyone was saying, “Boy, you won the National Championship,” but for me, it was amazing because I got over that final hurdle, as a leader and a teacher.
Recorded Academy of Achievement, Academy of Achievement interview, Durham, North Carolina, 1 May 2001 source ↗
I realized that the biggest obstacle was my mind. It was the biggest obstacle, and if I could get out of the way of myself, I would grow. So every time I had that attitude, I changed it, and I’d say, “You can. Today you can, and take it one day at a time, and today, I’m going to get up and I’m not going to think about the other six days of this week. I’m going to get up right now, and I’m going to go to the gym, and I’m going to learn about my boxing, and I’m going to be in the moment.” You know, in anything, you hit a wall, and then you have to break through it, and I just had to get out of my own way.
Recorded Academy of Achievement, Academy of Achievement interview, Los Angeles, California, 1 April 2006 source ↗
Edmund Hillary Mountaineer and explorer; first ascent of Everest, 1953
But, of course, we had one problem that the modern mountaineer doesn’t have. That is, this psychological barrier. We really didn’t know whether it was humanly possible to reach the top of Mt. Everest. And even using oxygen as we were, if we did get to the top, we weren’t at all sure whether we wouldn’t drop dead or something of that nature. All the physiologists had warned us that the altitude at the summit of Everest was a very marginal altitude and might be extremely dangerous. So, one had this feeling in your mind all the time that maybe you were pushing things a bit beyond what humans were meant to do and you couldn’t ignore that feeling. But, because of strong motivation, you keep plugging on and you seem to be going okay and nothing seems to be going wrong, so you persist. And we persisted, of course, and ultimately, set foot on the summit.
Recorded Academy of Achievement interview source ↗
Steve Jobs Co-founder and chief executive of Apple; co-founder of NeXT; chief executive of Pixar
At Pixar when we were making Toy Story, there came a time when we were forced to admit that the story wasn't great. It just wasn't great. We stopped production for five months.... We paid them all to twiddle their thumbs while the team perfected the story into what became Toy Story. And if they hadn't had the courage to stop, there would have never been a Toy Story the way it is, and there probably would have never been a Pixar.
Recorded Betsy Morris, Fortune interview, Kona, Hawaii, 7 March 2008 source ↗

More from Larry Ellison

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