Walt Disney and Brad Bird on Why They Want to Make Money

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I was exchanging emails with a colleague that used to be at the Stanford d.school and now works with schools.  He menionted Brad Bird, which reminded my of an interview that Huggy Rao and I did with him in 2008 for the McKinsey Quarterly, just before he won his second Academy Award (for directing Ratatouille)

It ended with a great quote that I just love:

 

Walt Disney’s mantra was, “I don’t make movies to make money—I make money to make movies.” That’s a good way to sum up the difference between Disney at its height and Disney when it was lost. It’s also true of Pixar and a lot of other companies. It seems counterintuitive, but for imagination-based companies to succeed in the long run, making money can’t be the focus.

Speaking personally, I want my films to make money, but money is just fuel for the rocket. What I really want to do is to go somewhere. I don’t want to just collect more fuel.
 
Not bad, huh? 

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