Sometimes the best solution is the simple one

By
Real Estate Agent with DeLex Realty

When Disneyland opened in 1955 it was met with all sorts of issues. From sticky pavement, 100 degree temperatures, broken rides and almost double the anticipated attendance, the press called the park a complete failure. While I am sure no one today would dream of calling Disneyland a failure, we can learn from a few of the ways they creatively overcame issues.

One issue that I am sure no one before saw as a problem was cash management. Not cash management in the sense that we think of it but literally the managing of all those papers and coins. Cash counting machines would not be invented for three more years and not mainstream for many years there after. This would mean, every penny through $100 bill would have to be counted by hand.

Imagine trying to count money for everything from admission to soda from 30,000 or more people each day. I can't imagine the amount of money that must have passed through each day, had to be added and then deposited into banks so it could go out again to pay bills.

Within the first few days a bookkeeper found a rather simple and genius solution, buckets. He took buckets and placed them at each ticket booth. The cast members were instructed to place money into each bucket, separated by denomination. He would then take each bucket back to the accounting offices, weigh the bucket and then count it. After a few buckets of each denomination he had a very reliable method of counting coins and cash, simply by weighing the buckets.

Posted by

James (Jim) Lord

jim@jimlordregroup.com

www.jimlordregroup.com

480-648-3378

Comments (4)

Shahar Hillel
Augusta Financial Inc. - Stevenson Ranch, CA
Mortgage Consultant, Loan Officer.

Simple solutions that solve big problems.

Jan 28, 2017 11:00 PM
Jim Lord

Shahar, Yes, I agree, it is normally to simple solution that solves the complicated problem. 

Jan 29, 2017 09:32 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

One thing I teach in business planning for real estate is Ockham's Razor where the simpliest solution is typically the right one.

Jan 29, 2017 06:25 AM
Jim Lord

Joe, yes, that actually was a lesson I learned from an art class when I was in H.S. I am a horrible art person but at least I learned something from the class, the teachers mantra was "General to Specific" and I have used that for years. 

Jan 29, 2017 09:32 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

His counting method goes back to basic principles of displacement as demonstrated by Archimedes thousands of years ago.  Count value by displacement, and in this case it was by weight

Jan 29, 2017 06:44 AM
Jim Lord

Ed, funny you mentioned that as I made that connection as well. The bookkeeper must have been a student of Archimedes. 

Jan 29, 2017 09:30 AM
MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

As a Disneyland lover, I can't believe I haven't heard this before! How innovative. Great story to share, thank you Jim.

Jan 29, 2017 05:09 PM