Walt Disney Co. chairman and The Pixar Touch
Thanks to the magic of Google Alerts, I recently noticed a short article about Pixar's success story by the chairman of the Walt Disney Co., John E. Pepper, Jr. A couple of passages sounded oddly familiar. It would be peevish of me to say anything more, so I'll just reproduce those bits along with excerpts from a certain book:
From John Pepper's “If You Can Dream It, You Can Do It” (July 1, 2009) --
Lasseter had been fired from his dream job at Disney which he took coming out of college. Catmull had been turned down for a teaching position and ended up with what was called a dead-end software job at Pixar [sic]. And Steve Jobs had endured humiliation as he was ejected from Apple, the company he had co-founded.
Lasseter had landed his dream job at Disney out of college--and had just been fired from it. Catmull had done well-respected work as a graduate student in computer graphics, but had been turned down for a teaching position and ended up in what he felt was a dead-end software development job. Alvy Ray Smith, the company's co-founder, had checked out of academia, got work at Xerox's famous Palo Alto Research Center, and then abruptly found himself on the street. Jobs had endured humiliation and pain as he was ejected from Apple Computer, the company he had co-founded. . . .
The Pixar story brings to mind this observation of the economist Joseph Schumpeter: successful innovation “is a feat not of intellect, but of will”. Schumpeter believed that few individuals are prepared for “the resistances and uncertainties incident to doing what has not been done before”. Those who brave the risks of failure do so out of non-economic as well as economic motives, among them “the joy of creating, of getting things done, of simply exercising one’s energy and ingenuity”.
The odysseys of these figures, and of Pixar as a whole, bring to mind the observation of the maverick economist Joseph Schumpeter that successful innovation "is a feat not of intellect, but of will." Writing about the psychology of entrepreneurs in the early twentieth century, a time when the subject was unfashionable, he believed few individuals are prepared for "the resistances and uncertainties incident to doing what has not been done before." Those who braved the risks of failure did so out of noneconomic as well as economic motives, among them "the joy of creating, of getting things done, or simply of exercising one's energy and ingenuity." I'm glad he liked the book, I guess.