Walter Elias Disney, an American entrepreneur, creator of The Walt Disney Company, the best-known motion-picture production companies in the world, prove that the trait “failure is an option” is important in operating a business.
Disney had failed many times before he became a successful entrepreneur. In 1919, he pursue a career as a newspaper artist, to draw comic strips or political …show more content…
Disney got him a job at the Pesmen-Rubin Art Studio, the place he met Ub Iwerks. In 1920, they have their own company called “Iwerks-Disney Commercial Artists”. Around this time, Disney also worked at the Kansas City Film Ad Company, learned how to use a camera and drawing cel animation. Then, he decided to open an animation business, called Laugh-O-Grams in 1922. Unluckily, this studio went bankrupted because loaded with debt.
These failures did not stop Disney, he and his brother Roy pooled their money and set up a new cartoon studio in Hollywood, the Disney Brother’s Studio in 1923. Iwerks joined them too. They deal with a New York distributor called Margaret Winkler to distribute the Alice Comedies. Then, Disney’s brother, Roy produced a cartoon called Oswald the Lucky Rabbit which was distributed by Universal Pictures. Then, he and his brother and Iwerks produced a new character without distribution of others, that was Mickey Mouse, with the voice featured by Disney, a new cartoon with sound called Steamboat Willie. This cartoon was a big success for Disney as the popularity of the character, Mickey Mouse was grew rapidly.
Failure is not necessarily a negative, Disney had shown a very good role model to the entrepreneurs that failure is not a dark to them but is a new way for them to