“Journalists have to get more creative and entrepreneurial. And I think that’s the problem. There’s not a less risk-taking crowd than a bunch of journalists who like to tell everyone how to run their businesses and then, like, couldn’t run a business to save their life.”
She was quoted on this Linkedin page here – so readers might have to log in first if they are members.
In fact, quite a lot of the journalists I know and have worked with in the smaller, more startup-style organisations are pretty entrepreneurial. They have to be. Even the process of cultivating new sources, raising awareness of who you are and what you cover, represents a sort of adventurous frame of mind that gels with business to some extent. Of course, there are journalists who despise business, want to just bank a paycheck, do a 9-5 fixed day and no more. And they tend to have a romantic view of “old Fleet Street” and its foreign equivalents, dreaming of the great days of 4-hour lunch breaks, expense accounts and all the rest of it. But in some respects that mindset is not as prevalent as it used to be, at least not based on my own personal experience.
Of course, such journalist/entrepreneurs are also, by and large, more resistant, one hopes, to the desire of the State to regulate the media in the manner suggested by the recent Leveson Report in the UK, which seems, I hope, to have lost some of its momentum (I live in hope).
At Bloomberg, it appears that some of the staff there have been a tad too entrepreneurial, if allegations are to be believed.