A lost job sparks a local news startup

Meet the entrepreneur who is building trustworthy journalism in Romania Alex Enășescu launched a newsletter and website focused on news about his hometown, Iasi, Romania, in 2021. We began a conversation on Substack when he commented on one of my posts. I thought his story would inspire other digital media entrepreneurs. This interview was done […]

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Mentors 2: On teachers and being a great one

The best ones demanded our best and left us with words to live by You’re reading the My News Biz newsletter. My goal is to help digital media entrepreneurs find viable business models. This is the second of a series about mentors — whether friends, family, coaches, guides, or teachers — and how we can […]

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Part 3: Shakespeare and his media brand

A lesson for entrepreneurs is the value of trust and intellectual property In the previous two parts of “Shakespeare the media entrepreneur” I showed many parallels between the media ecosystem of England four centuries ago and that of today — similar risks and similar rewards. Part 1: Shakespeare the media entrepreneur Part 2: Shakespeare stayed […]

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How much fuel is left in the tank?

Free-spending startups can die in one of two ways: either cancer or heart attack In a recent newsletter, I talked about how misinterpreting audience metrics can mislead digital news publishers into developing ineffective business models. Another common mistake made by digital media entrepreneurs can have catastrophic consequences: it’s to lose track of cash flow and […]

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Talent isn’t enough: it takes ‘Grit’

Stories of how mediocre performers upped their game to join the elite It happens to almost everyone. The time arrives when you are “between jobs”. Now it’s happened to me, and it has given me time to reflect on my talents and experience to figure out what to do next. So it was a bit […]

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What we should tell entrepreneurs about risk

Success is really the exception, but there are strategies to make it more likely Recently I read an enlightening book by Daniel Kahneman, a Nobel-prize-winning economist–Thinking, Fast and Slow. The book is filled with rigorous economic and psychological studies of how our instincts and reason mislead us, especially when we are dealing with statistics. His […]

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‘A crisis is the best time to launch a startup’

Author’s note: My friend and former colleague Hector Farina Ojeda at the University of Guadalajara in Mexico invited me recently to be interviewed on his radio show and podcast. Professor Farina knew of my interest in media entrepreneurs and wanted to know how covid-19 was affecting them, among other topics. What follows is a translation […]

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