It would be much different had Frank not died. I had the opportunity to have dinner with him one night, after I received my Eagle Scout rank. I also was working at Disneyland at the time (worked there for 25 years before I left). There was one thing that I carry with me still to this day. I had asked Frank “what was the secret to make money?” He told me this:
1. In order to make money, you have to spend it. Don’t budget cut or cut corners and don’t nickel and dime anyone. If you do it right the first time, you’ll see the profits pour in!
2. Treat your employees like celebrities! You MUST show appreciation to them at all costs. Keep them happy no matter what! If you always have happy employees they will keep your customers happy! And what do happy customers do? They come back, and SPEND money! They tell their friends and family, and what do THEY do? They spend money as well.
If you can remember these two key things, you’ll be successful. If not, go ahead and put your company name on the Titanic, and you know what happened to that ship.
Once Frank died and Eisner moved on, things changed DRASTICALLY. Cast Members were treated like numbers. Benefits, like Medical, Dental and Vision were changed towards the cheap end for the Cast Members. They took away the private Christmas Party and turned it into “here’s your tickets and you can use them from November through March and you get to mingle with the Guests! There were a lot of other things that changed too.
Disneyland for example had one of the BEST training programs I have ever seen with any company I’ve worked for. From how to use a fire extinguisher, to sexual harassment and New Hire Training. And More! HOURS worth of training galore! Now, it’s basic and sad.
I left Disneyland because I overheard a top level executive say “we could care less about the Guest experience. Today we are more concerned with how much money we can suck out of them once the go through the turnstiles”. For me, the “hope” ran out. I hoped that things would have gotten better. But they didn’t.
So, if Frank hadn’t died, I know for sure I’d still be there today and it truly would be the happiest place on Earth.