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Article:
The Lessons Walt Disney Learned Still Apply Today by: Stephen Schochet Contrary to popular belief, Walt Disney spent more time as a struggler than a success. Described at a various times as a visionary and a genius there were actually many occasions he could not foresee the results of his ideas, and they nearly brought him to financial ruin. Yet the lessons he learned through the years are useful and timeless. 1) Ownership is key: Early in his career, Walt created a character on behalf of Universal Studios named Oswald the Rabbit. When he tried to negotiate better payments for himself, Walt was informed that Universal had the copyright on the character and he was entitled to no compensation. From then on Walt owned everything he created. 2) Have passion for your product: Walt worked three long years on Snow White and The Seven Dwarfs which was originally budgeted at a $'500
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