Walt Disney
The Walt Disney Company · Media & entertainment · United States
Biography
His first studio, Laugh-O-Gram, went bankrupt in 1923. He moved to Hollywood, started again with his brother Roy, and later created Mickey Mouse and the first full-length cel-animated feature.
The lesson
Paraphrased summarySummary: a first business failing is not the end — start again with the lessons learned.
How it helps you
Many founders quit after one failure. Treating it as training improves the second attempt.
Practical steps
- List what caused your last setback.
- Keep the skills and contacts you gained.
- Find a partner who covers your weak spot.
- Start again smaller and faster.
Sources
Apply This Lesson
Pick an idea from your last scan, or type your own.