Building on Bedrock by Derek Lidow

Building on Bedrock by Derek Lidow

Author:Derek Lidow [Lidow, Derek]
Language: eng
Format: epub
ISBN: 9781635761757
Publisher: Diversion Books
Published: 2018-01-23T05:00:00+00:00


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[17] Charles Mintz had married Walt’s original distributor Margaret Winkler. By the time of the Oswald contract Mintz had taken over all dealings with Walt.

[18] Walt dropped “Brothers” from the name of the studios, without consulting Roy, when Oswald became a hit.

CHAPTER 8:

How Much

Aspiring entrepreneurs are continually asking me, “How much money will I need to make sure my ideas succeed?” or, “How much money should I raise?” Money is quite literally the last thing an entrepreneur needs. Money is the fill in. Money is what you need after you’ve pulled together all that’s already available to use to start your enterprise.

As we saw with William Shockley, the Nobel Prize–winning inventor of the transistor, if there’s something critical you lack, no great idea and no amount of money can make you successful, not even with the best idea of the twentieth century. Shockley had more than enough of everything he needed, except for two essential qualities: leadership skills and motivation. Without those, neither money nor all the smart, dedicated people he hired could help. Shockley lacked the motivation necessary to create a company that focused on customers rather than on him. He couldn’t accept ideas that were not his, nor could he invest the time and emotional energy required to master new skills. Any entrepreneur without enough of all the right stuff is in danger of losing everything.



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