Month: December 2017

Video Transcript:
Starting a company is like staring at the abyss and eating glass, and there’s some truth to that. The staring into the abyss part is that you are gonna be constantly facing the extermination of the company, because most start-ups fail. It’s like 90% ~ 99% of start-ups fail. That’s the staring into the abyss part. You’re constantly saying, “if I don’t get this right, the company will die.” Which can be quite stressful.
The eating glass part is, you’ve got to work on the problems that the company needs you to work on, not the problems you want to work on. So you end up working on problems that you really wish you weren’t working on, so that’s the eating glass part.
On the big picture, you know where you’re generally heading for, and the actual path is gonna be some sort of zig-zaggy thing in that direction. Try not to deviate too far from the path that you want to be on, but you’re gonna have to do that to some degree.
You’ll hear something, “Well, I feel fear about this, and therefore I shouldn’t do it.” It’s normal to feel fear. There would have to be something mentally wrong if you didn’t feel fear. I feel it quite strongly. But there are just times when something is important enough, you believe in it enough that you do it in spite of the fear.
FACE YOUR FEARS

Video Caption:
His family was so poor, he had to deliver 1300 newspapers a day. Then his father would take away all the money. His brothers ran away because they were fed up with the hardships at home.
~All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me.~
At the age of 19, he started an animation company – his lifelong dream. He failed to sell a single cartoon. His company went bankrupt.
~Everyone falls down. Getting back up is how you learn how to walk.~
He started an animation studio in an old garage. He spent the next 5 years working with no income. In 1928, he finally found success with a short film, but lost the copyright to his own characters. He was crushed. He had nowhere to live and little money for food.
~When you believe in a thing, believe in it all the way – implicitly and unquestionably.~
He tried again with a new character, but the audience was not impressed with his film. Still, he made a second film, but he could not find a distributor. Finally, he found success on his third attempt. His character Mickey Mouse became a hit.
~If you can dream it, you can do it.~
He then wanted to make a feature-length animated film, but everybody said it was a bad idea. The movie took three years to make, and cost the equivalent of $25 million today. Disney ran out of money, and had to mortgage his house.
~The difference between winning and losing is most often not quitting.~
Once released, “Snow White and the Seven Dwarves” was hailed as a masterpiece. It made the most money of any movie that year – the equivalent of $134million today.
In his life, Walt Disney won 22 Academy Awards, and was nominated 59 times. Both marks stand as records to this day.
~All your dreams can come true if you have the courage to pursue them.~