Yes, true that. Today, Disney rakes in billions from theme parks around the globe, movies and merchandise.
Following that ordeal, Walt Disney went ahead to launch a couple of businesses that didn’t prove a success and he ended up failing and going bankrupt, before Disneyland was conjured. However, he never let up and kept trying and learning along the way, picking up the pieces. As he was looking to set up the theme park and promoting his idea, the city of Anaheim even rejected the proposed park because ‘it would only attract riffraff’.