Introduction:
“Whatever you do, do it well. Do it so well that when people see you do it they want to come back and see you do it again and they will want to bring others and show them how well you do what you do” ~ Walt Disney
An entrepreneur is essential to any country’s economy. Being an entrepreneur is not always the first choice of people, but is forced into it by means of their circumstances. An entrepreneur is someone that is able to identify a need amongst their surroundings and introduce a product or service that satisfies the need.
To become an entrepreneur you have to have strong will power and driving force, you will be required to take big risks and have courage to start a business that may either fail or become successful. Walt Disney and Sam Walton are two excellent examples of entrepreneurs that have taken risks and succeeded. Walt Disney who had a creative mind and started DisneyWorld, and Sam Walton that started Walmart who was set on selling products at lower prices to get higher volume sales. Would you have the courage to take such a risk if you knew that your idea might fail?
1. Walt Disney
Walter Elias Disney was born 5 December 1901. He was an American with a mind that stretched to great depths of creativity. Disney went to McKinley High School and attended night courses at the Chicago Art Institute. Disney however became a high school drop out at the age of 16. He wanted to join the army; but he was too young to join. He then decided to become a member of the Red Cross and served a year in France as an ambulance driver.
After this Walt Disney moved to Kansas City in 1919 to start his artistic career . He followed a rough start in the artistic business because nobody wanted to hire hi...
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Conclusion:
After observing both Sam Walton and Walt Disney I have a better understanding of what it takes to become a successful entrepreneur. Both of these entrepreneurs did not succeed the first time but they pushed through the tough times and reached a gap of success. Clear growth can be recorded of sales increase when Sam first started his shop. This shows that he has done an accurate environmental scan and done market research. As I have mentioned above Sam saw the need for cheaper retail stores and he ‘welcomed’ the opportunity with open arms.
Do you think it was a wise choice of these entrepreneurs and would you have taken the risk?
Keep your eyes and your ears open for new opportunities to become a billionaire just like Sam Walton and Walt Disney did.
Despite their differences, Younger and Disney are still alike in some aspects. Both trusted other people with their dreams. Younger trusted his business associates to get the permit and help him fulfill his dreams. Disney trusted his brother Roy and associate Iwerks to help him accomplish his dreams. In spite of numerous obstacles, including bankruptcy, they stood by him and helped him. Also, both Younger and Disney faced many obstacles on their way to achieving their dreams. Younger faced not having the initial investment to open his store. Disney faced bankruptcy and the inability to gain distributors for his pieces.
Walt Disney was born on December 5, 1901 in Chicago, Illinois of mixed Irish, Canadian, German and American roots. Although born in the city, Walt grew in the farm counties of Marceline in Missouri with four older brothers and a young sister. As a young child, Walt Disney was already interested in drawing cartoons. He was able to nourish this gift when the family moved back to the city where he attended classes at the Chicago Academy of Fine Arts. (Schatz, 2001).
In high school, Disney took photography and drawing classes and at night he went to classes at The Chicago Art Institute. Disney quit high school when he was 16, joining the Red Cross and going to France to drive an ambulance. He stayed in France for a year and when he returned to the United States his brother, Roy, got him a job at an art studio. He left the art studio for a job at the Kansas City Film Ad Company where he learned to use cutout animation to make commercials. Considering all of his talents, Disney made the decision to open his own animation business (Biography.com)
Disney was born December 5, 1901 in Chicago, Illinois to his father Elias Disney and his mother Flora Disney. (Walt Disney Biography.) He was the second youngest of five children. (Walt Disney.)Shortly after Disney 's birth, they ended up moving to to Marceline, Missouri. (Walt Disney.) This is the place where he really began to start loving drawing and painting. Some say that it seemed like all he did was draw, even at school. Young Disney then began selling all of his drawings and paintings to neighbors and family
Born on December 5th, 1901, Walter Elias Disney, grew up in Chicago, Illinois with his parents and four other brothers and sister. His father, Elias Disney, an Irish-Canadian, whom he inherited his name from, and his mother, Flora Call Disney, who was of German-American descent. They raised him in Chicago until they day they moved to Marceline, Missouri. Walter Disney spent his younger years taking an interest in art classes and writing activities and also the scenery around him. His family farm was placed in the countryside, near the Santa Fe Railroad tracks. Walter enjoyed his time spent outside listening to the trains pass by. It allowed him to imagine new things. He had a large imagination, growing with every activity he performed his talents in. Walter Disney took on his main talent of drawing. He began to doodle and sketch regularly. It became his favorite past time and he began to focus more on his drawings and animations then he did school. Since his drawings were becoming his main priority, Walter Disney began to sell his better d...
Walter Elias Disney was born on December 5th, 1901, in Chicago. He was the fourth of five children, having three brothers, Herbert, Raymond, and Roy, when he was born. In 1903, parents Elias and Flora added a daughter, Ruth, to the family. Elias worried about big-city life, so the Disney family moved to a farm near Marceline, Missouri, in 1906 (Jaffe 7). Walt’s job on the farm was to take care of the animals, many of which would inspire his famous characters later in life (“Walt Disney”). These beloved animals were also the subjects of Walt’s first sketches.
[1] Information was mainly taken from the Harvard Business Case Study “The Walt Disney Company: The Entertainment King”
Walt Disney was born December 5, 1901 Hermosa, Chicago,Illinois by parents Elias Disney and Flora Call Disney. Living with four other siblings, Walt Disney grew up knowing selflessness and the power of togetherness that he used latter on in his many lines of work. Known for being a entrepreneur, cartoonist, animator, voice actor, and film producer, Walt Disney has been successful in bring joy and happiness to everyone of all ages.Disney has made large stepping stones for the animated industry along with creating beautiful long lasting entertainment for all and teaching us that with hard work and dedication we can do anything we dream of.From his humble beginnings in an old garage to building his own empire, Walt Disney has proven to be one of the most influential people even today with his many accomplishments.Some of these many accomplishments include creating something that everyone of every age can enjoy, improving the quality of animation along with creating the first full length animated movie, and opening the doors for the next generation of Disney Co. workers.
Walt Disney was born in Chicago on 5 December 1901, the youngest of four sons, with a sister to follow. In 1906 his family moved to a forty acre farm in Marceline, Missouri. Walt’s father Elias, after four years of proving unsuccessful as a farmer and then being afflicted with typhoid, had to sale the farm and eventually move the family to Kansas City, Missouri. Walt would always speak of life in Marceline with a great sense of homesickness. To him the small town signified what was best about America. In Kansas City, Walt and his brother Roy helped their father deliver papers every morning and evening. A few years later they returned to Chicago, and while working several jobs, Walt took classes at the Chicago Academy of Fine
“Walter Elias Disney was born December 5, 1901, in Chicago, Illinois, to Elias and Flora Disney…Walt’s parents …decided to move closer to family on a farm outside of Marceline, Missouri, in 1906…It was here that he began to draw animals and indulge his imagination. Walt’s exposure to rural life influenced him throughout his career.” (Jolley) When reading about Walt’s early history, it’s noticeable that he came from very humble circumstances. The places he lived, and the experiences he had, shaped his life dramatically. He was an imaginative and hardworking person from the start. “ Walt was only nine years old when he had to get up at 3:30 a.m., seven days a week, to fold and deliver papers for two hours before attending…school” (Jolley) By working at such a young age, life lessons of perseverance and dedication was instilled into his values at a very early.
Walt returned home and was soon questioned by his father what his future plans would be. Walt replied with “I want to become an artist” (Cole 22). Walt, with extreme determination, tried to work as a cartoonist with Kansas City newspapers, but they thought Walt was not creative enough. Walt applied at the Pesmen-Rubin Commercial Art Studio in the Gray Advertising Building. Walt received his first job as an artist. “Disney did the drawings for his ca...
Walt Disney was born on December 5, 1901 in Chicago, Illinois. His parents, Elias and Flora Disney, gave him the name Walter Elias Disney. Walt was one of 5 children, four boys and one girl. In 1906, his family packed up and moved to a farm in Marceline, Missouri. By this time, Walt discovered that he was very interested in art and drawing. “More things of importance happened to me in Marceline than have happened since – or are likely to in the future.” (Disney, 7) Later on, the Disney family had to move to Kansas City because Walt's father, Elias, could no longer take care of his farm when he became very ill. Elias owned a newspaper company to make money for his family and had Walt and Roy, one of his other sons deliver the papers. In 1910, Walt's family once again packed up and moved to Chicago. Walter did not want to move with his family because he wanted to finish school, so he stayed behind and worked for his brother Herb through the summer. In fall, he moved back with his family and enrolled at McKinley High School. Walt did have an interest in his classes, but found a love for drawing cartoons which were featured in his school's newspaper.
Walter Elias Disney was born on December 5, 1901 in Chicago Illinois. Despite this, he lived in Marceline, Kansas for a majority of his childhood. He and his family worked and lived on a small farm and, during his free time, would use his imagination to doodle animals which he would sell to friends and neighbors. In 1911, Walt’s father fell ill and the Disney family moved to Kansas city. There, Walt and his brother Roy delivered newspapers for their father. They would wake up at ungodly hours, like three in the morning, and work seven days a week. Even with school and his job, Walt still found time for his drawings. After completing middle school, the Disney family moved back to Chicago, where Walt would then graduated from high school. During the tail end of World War I, he joined the Red Cross and served for nine months in France. He transported officers, transported supplies, and drove ambulances.
Walter Elias Disney was born on the 5th of December in the year 1901 in Chicago. His parents were of English/Irish and German descent. Traveling quite frequently, he and his family moved between Missouri, Kansas City, and back to Chicago. Disney grew up with a passion for art. He took art classes as a child, and also had the opportunity to be the cartoonist for his school’s magazine. Walt soon dropped out of school to join the army, and was rejected for being underage. Soon after, in 1918 Disney began to drive an ambulance in France after enlisting in Red Cross. One year later, he moved back to Kansas to start his career in what took him down the road to fame, the film industry. (Walt Disney Biography) Walt Disney formed Laugh-O-Gram Films in 1922. One year later in 1923, he relocated to Los Angeles where he incorporated the Disney Bros and partnered with his brother Roy. He signed a contract with Margaret Winkler
Successful entrepreneurs have a clear image of what they want their future to be like. They hold a clear picture of the direction the company should take and have a clear plan of how they will make their vision a reality (9 essential traits of successful entrepreneurs, 2013)