Disney’s Folly
Ready —"Disney’s Folly” was a name ascribed to two of Walt Disney’s visionary ideas. In the late 1920s, Disney took a bold step to produce the world’s first feature-length animated film, Snow White and the Seven Dwarfs. Critics called it “Disney’s Folly,” predicting financial ruin and public rejection. Years later, in 1955, he built Disneyland on 160 acres of orange groves in Anaheim, California. Once again critics labeled it “Disney’s Folly.” In both cases, Disney proved the critics wrong.
Set — Despite skepticism and financial challenges, Snow White and the Seven Dwarfs became a monumental success, setting the stage for a global entertainment empire. Disneyland opened to great success, becoming a blueprint for modern theme parks. What leadership lessons can be drawn from Disney’s success? A few come to mind:
See the Possibilities: Disney saw opportunities where others saw barriers. He envisioned animation as an art form capable of engaging audiences on an emotional level.
Take Reasoned Risks: Creating Snow White nearly bankrupted Disney’s studio. He risked his reputation, his finances, and the livelihoods of his team. His confidence came from using new technology, training animators, and fine-tuning the story.
Stay the Course: The derision Disney faced during the making of Snow White would have stopped a lesser leader. Instead, he remained steadfast, believing in his vision.
Develop the Team: Disney created an environment where artists exceled, encouraging creativity. He knew that building a great team was critical to achieving a grand vision.
Dream Big, Start Bold: Disney’s vision was beyond what anyone had imagined—a park that would tell stories, evoke emotions, and transport visitors to new worlds. Bold goals inspire teams, capture imaginations, and pave the way for breakthroughs.
Face Criticism: Disney pressed forward, securing funding and partnerships while refining his vision. By remaining committed to his goals, he found creative solutions.
Attend to Details: Disney famously said, “Whatever you do, do it well.” This principle shaped every aspect of his work, from meticulously designed landscapes to immersive storytelling. Paying attention to the details propelled his dreams to greatness.
Grow! — Walt Disney, one of the most visionary leaders of the 20th century, earned his reputation by embracing challenges. His goal was to bring happiness to families, a purpose larger than personal gain. Leaders who focus on creating value for others leave a lasting impact.