Posts about entrepreneurial journalism

Inside an entrepreneur’s sausage factory

I will be assigning all my entrepreneurial journalism students to listen to every episode of Alex Blumberg’s podcast about starting a podcast company. It is an open, honest, true portrayal of the making of an entrepreneur.

Blumberg, you’ll recall, was a producer and voice on This American Life and one of the geniuses — along with NPR economic correspondent Adam Davidson — behind its Giant Pool of Money and then their podcast and blog Planet Money.

He decided to pick up and start a new company to produce quality, journalistic podcasts because he wisely saw the opportunity — we’ll all be streamin’ while we’re drivin’ — and because he saw their success in public radio.

Blumberg’s progress sounds so much like that of our entrepreneurial students. He starts with a passion to make what he does now pay. He faces and admits to many tough reality checks: How can he get the business to scale? Does he have the business and technical skills needed to make the enterprise sustainable? He faces fundamental choices: whether to become a content or a technology company. He learns that venture capitalists fund only technology companies; they fund scale. He learns the importance of the elevator pitch and clarity of vision. He learns the importance of learning from pitches.

Blumberg is a master storyteller and so this tale has plenty of suspense. I’ll be listening to every episode — and assigning every episode as well. Here are the first three:

Calling all entrepreneurial journalism profs

If you teach or soon plan to teach entrepreneurial journalism, the Tow-Knight Center for Entrepreneurial Journalism — my colleague Jeremy Caplan and I — invite you to attend a day-long summit at the CUNY Graduate School of Journalism in New York on July 10.

Our small, new field has grown like weeds. Dozens of journalism schools and foundations are now training and supporting the next generation of media leaders to report, edit, close sales, capture audiences, and run businesses. Our goal is to enable those of you who’ve pioneered these efforts — as well as those just getting into the field — to share best practices and common challenges.

We plan to invite an expert from entrepreneurial education in another field to speak, and ask some of our former students to discuss their experience starting up companies. But on the whole, the day is about your lessons learned, concerns, and needs — and to see whether and how we should collaborate as a group in the future.

Please register here if you plan to attend, or aren’t sure yet, but want to reserve a place. If you cannot attend, we will plan to stream the event and actively involve remote participants in the discussion. Watch this space.