I could never convince the financiers that Disneyland was feasible, because dreams offer too little collateral.
About this quote
- What does it mean?
- Dreams are hard to fund because they lack tangible collateral for financiers.
- In plain terms
- Financiers rejected Disneyland because dreams lack security value.
- What can you take from it?
- Understand that dreams may lack traditional financial support.
Where it applies
Putting it to work
Questions to consider
- What makes an idea fundable?
- How do you prove value in dreams?
Another view
This view might discourage funding for high-risk innovations.
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