Entrepreneurship: Walt Disney and the Characteristics of Entrepreneurship

This presentation explores the entrepreneurial motivations of Walt Disney and the characteristics of entrepreneurship. It discusses how Walt Disney revolutionized the animation industry and established the famous Disneyland.

Entrepreneurship

Table of Content
• Introduction
• Evaluation of entrepreneurial motivations
• Characteristics of Entrepreneurship
• Findings
• Conclusion
• References
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INTRODUCTION
Entrepreneurship is defined as creation or removal of values. It is a process
of scheming, initiating and running of new business enterprise. In this
presentation, it contains information about Walt Disney (Walt Elias Disney),
famous pioneer of American television and motion picture showman and
producer of animated cartoon films.
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Evaluation of entrepreneurial motivations
Walt Elias Disney, was an American, animator, writer, entrepreneur, film
producer and voice actor. He was discoverer of American animation industry
and established various developments in cartoon production. As producer of
films, he holds record for 22 Oscars awards from 59 nominations (Richter
and et. al., 2017). He born in 1901 in Chicago, having interest in drawing
from childhood.
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Continue…
Instead of give direct approval to staff, Disney provide high performing
employee financial bonuses and also recommend certain individual that his
praise would be passed on. In addition, he was motivated as he wants to
fulfilled all higher level needs like esteem, recognition and self
actualization. Disney also hired a team of animators and artists and Mickey
Mouse films which rolled out the studio.
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Continue…
Entrepreneurial Motivation is basically defined as a process which activates
inner strength or motivation within an entrepreneur to achieve a particular
objective. There are few entrepreneurial motivation in relation to Walt
Disney.
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Continue…
Inspiring, innovative and focus, when a person have these quality this
shows effect on his character, development and behaviour which comes from
external environment. In key to Walt Disney's he had leadership quality of
story teller (Liang, Wang and Lazear, 2018). He tell their employees to
work on something and also to inspire them.
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Characteristics of Entrepreneurship
Walt Disney or Walter Elias Disney is always alive in hearts with his
creation of thousands of cartoon characters such as Mickey Mouse, Donald
Duck and so on. These characters made childhood most enjoyable ever
(Hardy and Maguire, 2017). His famous Disneyland is dream place for every
person all over world. In addition he is also known by his best leadership
quality which brings his imagination into reality.
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Risk Taker, in terms of Walt, he had high tolerance to take risk. He was
never afraid of opening new doors, trying new things and moving forward.
He almost take chance of his Disneyland venture. He and his fellow
members don't know about they are going to lose their company or not. In
1995, when Disneyland was opened is still considered as biggest gamble in
history of business.
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Findings
It is find from report, as Entrepreneurial Motivation is a process of converting an individual
to a powerful business man, which leads to creation of opportunities and also helps in
maximizing economic development and wealth. Entrepreneurship is defined as a process of
analyzing strengths and opportunities which leads to achievement of one's dreams for
developing, designing and running a new business enterprise.

Continue….
Walt Disney was born on 5 December, 1901 in Chicago. His interest in drawing developed
when he get price to draw horse for neighbourhood doctor. He also work in Appeal to
Reason newspaper as subscriber. From early age, Disney have ability to work with crayons
and watercolours. He developed many cartoon characters like Mickey Mouse and so on.
After that he opened Disneyland, a huge amusement park that is opened in 1955. He always
believed in himself as many disappointments and failures are came in life of him.

CONCLUSION
From the presentation which is on Entrepreneurship has covered many
topics which have to summarise by providing a proper knowledge about
entrepreneurial motivation and also highlights main characteristics of
entrepreneur as Walt Disney who was founder of animated movies and
famous adventurous park Disneyland.
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REFERENCES
Achtenhagen, L., 2017. Media entrepreneurship—Taking stock and moving
forward.
Anggadwita, G., and et. al., 2017. Socio-cultural environments and
emerging economy entrepreneurship. Journal of Entrepreneurship in
Emerging Economies.
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Thank you!!