Embracing the Journalist as Entrepreneur
By Zack on October 28, 2009
As Mindy yesterday's post we just wrapped a great interview with Andrew Ross Sorkin, New York Times financial reporter and author of Too Big To Fail, a very extensive and very engrossing play-by-play of last year's Wall Street Crisis. Andrew was great, we got some really good info from him, and I can't wait to put the interview up online. But in the meantime, it got me thinking about careers in Journalism.
Andrew did not have what use to be called a traditional path to the Times. He didn't start at as a cub reporter at a small town weekly or daily and work his way up the markets to a prime time gig. He scored an internship and used his specialized knowledge of the internet to land an opportunity to write a feature story. He did a great job and parlayed it into a successful career.
20 years ago, this would have been rare. Anymore, however, it's the specialized journalists, consciously aware of their own career paths, who are going to succeed. I point to blogger Conor Friedersdorf post today at The American Scene in which he expounds on the interesting work at NYU's Journalism School.
Though I understand a graduate degree in journalism seems like an insane proposition to many right now, applications are up at all the programs where I’ve spoken to faculty, and if you’re going to pursue that course of study, I am more convinced everyday that NYU is the place to do it. Among readers of The American Scene, Jay Rosen is probably the most well known professor. His analysis of the changing media landscape is certainly more sophisticated than anything being done at Columbia University. And beyond Professor Rosen, the program as a whole is making an effort — how successful it’ll be is beyond knowing — to train students for the actual world they’ll be facing, rather than running a program as if they’re all going to get jobs as cub reporters at daily newspapers.
An example just posted on the course listings: “Entrepreneurial Journalism, taught by Adam Penenberg.â€
Journalists who can successfully navigate these turbulent media times must be equal parts journalist and entrepreneur. In this seminar students will learn how to build successful freelance careers, manage their own journalism brands that they will extend through social media platforms like Twitter, pitch ideas for media start ups, write their own business plans or book proposals, and explore ways to attract venture capital. There will be a lot of learning by doing. Students will work as media entrepreneurs and run their own online publications, which they will operate as a business. At its center will be a blog, where students will post several times a week.They’ll retain an ad server, market their work to the blogosphere (and beyond) and track traffic. The semester will culminate with students either drafting their own business plan for a media start-up that they will pitch in class to a venture capitalist, or penning a formal book proposal, which a literary agent will also critique in class. Guests will include well-known journalists, successful media entrepreneurs, literary agents and venture capitalists.
I'm familiar with Rosen's work (even follow him on Twitter) and Friedersdorf is absolutely right. He quite simply has an amazing grasp of and insight into how technology and the changing media landscape could be used by existing and future journalists. Rosen's Rebooting the News podcast with Dave Winer is a great example of this. So if you cannot get into NYU, are still an undergrad or just have a passion for journalism, you should be paying attention to Rosen.
Similarly, I love this concept of journalist as entrepreneur. I'm a bit hesitant to fully embrace all the "personal branding" talk, but there is something to be said for cultivating the public's perception of you as a journalist. A personal blog, twitter, LinkedIn and even Facebook can be useful, as a student or young journo, to spread the reach of your work. Furthermore, you can use your personal work and online presence as the foundation for future work (this is all loosely established in Chris Anderson's Free which lays the groundwork for using free content to promote yourself or your product). The more (positive) results you have in a Google search, the more credibility and authority your work will have. This means that for freelance purposes or even snagging a full-time writing job, you have an advantage of recent grads who don't have that kind of presence.
Though I understand a graduate degree in journalism seems like an insane proposition to many right now, applications are up at all the programs where I’ve spoken to faculty, and if you’re going to pursue that course of study, I am more convinced everyday that NYU is the place to do it. Among readers of The American Scene, Jay Rosen is probably the most well known professor. His analysis of the changing media landscape is certainly more sophisticated than anything being done at Columbia University. And beyond Professor Rosen, the program as a whole is making an effort — how successful it’ll be is beyond knowing — to train students for the actual world they’ll be facing, rather than running a program as if they’re all going to get jobs as cub reporters at daily newspapers.
I'm a pretty big Malcolm Gladwell fan. Say what you want about his
The journalism is in a precarious situation. Revenues and circulation are dropping for the print medium, while readership grows online. The problem: revenue isn't following readership to the web. There are no lack of opinions on what the future may hold (trust me on this, I just spent 3 months up to my eyeballs researching this very trend), but one incontrovertible truth is that the web will play a very significant role.
Some have gone so far as to declare print media – newspapers, weekly magazines, etc - dead. And they may be right. 