MBA – E&L A0102112037 First Semester
A person who habitually creates and innovates to build something of recognized value around perceived opportunities is an entrepreneur . One of the kinds is Walt Disney, the founder of Walt Disney Company. Most of us have heard the name many or at least once in our lifetime. It has also been an part of us, bringing the world of joy and entertainment to us whether it a Mickey Mouse Cartoon or Disneyland. It all started with one name Walter Elias Disney, in 1923 with many by his side catalyzing his journey to success.
He was an American film producer, director, screenwriter, voice actor, animator, entrepreneur, entertainer, international icon, well known for his influence in the field of entertainment during the 20th century. Along with his brother Roy O. Disney, he was co-founder of Walt Disney Productions, which later became one of the best-known motion picture producers in the world. The corporation is now known as The Walt Disney Company annual revenue of approximately US$36 billion in the 2010 financial year ..Popular showman, as well as an innovator in animation and theme park design. He and his staff created some of the world's most well-known fictional characters including Mickey Mouse, for whom Disney himself provided the original voice. During his lifetime he received four honorary Academy Awards and won 22 Academy Awards from a total of 59 nominations, including a record four in one year,giving him more awards and nominations than any other individual in history.Disney also won seven Emmy Awards and gave his name to the Disneyland and Walt Disney World Resort theme parks in the U.S., as well as the international resorts Tokyo Disney Resort, Disneyland Paris, and Hong Kong Disneyland. BACKGROUND
Walt Disney was born in December 1901,Chicago IIlinois. His father moved from job to job and places. Walt developed interest in drawing in a farm where the family worked. He attended school and was an active participant to the school paper, drawings. Time to time Walt attended the Chicago Institute of Art, at night. He joined the Red Cross Ambulance. There also he showed creativity. Walt came back and joined Art Studio. Soon started business with a friend Ub Iwerks but it did not do very well. He moved to other city and learnt animation from his job and started Laugh-O-Gram Films. After a while the company went bankrupt and Walt moved to Hollywood. There he started Disney Bros Studio with his brother Roy. The company started doing well but was cheated by his distributor, losing his staff and Oswald cartoon to him. On a train journey he thought of the legendary Mickey Mouse and Walt started journey to fame. Soon after that he launched the Silly Symphonies. Walt wanted to experiment with colours and redid a fill in beautiful Technicolor, Roy disagreed as it would be expensive and might not work. It won an academy award in 1932. Walt was certain to make the world’s first feature-length animated film "Snow White and Seven Dwarfs. Everyone disagreed but Walt continued and exceeded the budget, as he wanted everything perfect. This also won many awards.
The office moved Burbank with better facilities for the workers; they made films one after the other (Dumbo, Bambi, Cinderella, war movies). In between the union strike happened, which badly affected Walt. He went out of the country on a goodwill trip while Roy settled it meanwhile. But it was not the same with the staff.
He also tried his hand in live action ʻTrue life adventuresʼ and succeeded....