If you make something good, eventually the audience will be there, eventually there will be something on the Internet that is a cultural phenomenon that's not available anywhere else, that's not available on television broadcasts, that's not on cable, it's only on some Web site. And the world will find it. And when that happens, it will be what the 'kiss' was to the theatrical movie business, 5,000 years ago or whenever it was.

User-generated content is not done by professionals. The best user-generated content eventually becomes those people gravitated in the professional world.

In every business, in every industry, management does matter.

I remember the first time we stood in this spot. We were on the deck of a boat in the middle of what was then Penny's Bay, envisioning what could be, what would be, what will be. Six years later, through our dream partnership with Hong Kong government, the creative dream is now a reality. Hong Kong Disneyland stands before us as a living symbol of the creativity and imagination that are the heart and soul of Disney.

The whole business starts with ideas, and we're convinced that ideas come out of an environment of supportive conflict, which is synonymous with appropriate friction.

To this day, I fondly recall the challenges of building a fire, pitching a tent, climbing a New England mountain, canoeing on a lake. Camp songs still resonate inside me. Competition exists at Keewaydin, of course, but nobody fails summer camp, a nice respite from winters of fortune and misfortune at school.

The odds of being successful are the same for every group that is educated in America. It's just that the group that is not wealthy is 95 percent of the population. So if there are 100 successful people in a room, probably 95 out of 100 came from more modest means.