SFIND
Well-Known Member
- Joined
- Mar 15, 2011
- Messages
- 2,005
I've been waiting to get the axe for a while now, a feeling that's only intensified since the pandemic began last year. I'm fairly certain PPP loans are the only reason why our entire chain was able to stay open.
Things have stabilized a bit, but the end is coming sooner or later, and I'm guessing sooner. The pandemic has made the job far less enjoyable for me for several reasons and have only added to the other reasons that have developed in the last several years. Frankly, I'm embarrassed of the product. The paper's less than half the size it was when I started, I'm the only sports writer now, coverage is far decreased, etc. etc. You all get the gist -- similar complaints have been made by others here for a decade.
I've been planning various exit strategies for years, and I could kick myself for not having taken one several years ago. I worked in the university's mail room while in college, and the boss liked me and was still employed by the institution and would let me know when full-time positions opened up for years after graduation. He's gone now, and I could kick myself for never having applied and trying to get one of those jobs. Not glamorous, but slightly more money than I make at the paper for a heck of a lot less work, and much better benefits.
The main exit plan now is to start a photography business with the paper's photographer (we already have the business formed and are beginning to look for gigs). Our main idea is to focus school photography and to compete with the big national chains -- a couple of other local photographers have successfully wrangled away school contracts from those national companies. Failing that, we'll do it all -- real estate, seniors, weddings, etc. There appears to be enough of a demand to make a go of it in the region, and we believe we're well-enough known entities locally to get business.
In addition to that? Set up a paywall Wordpress site to cover two local high schools, the big one in the city we're in and the small catholic school that draws from a larger region, is undercovered by the paper (because half or more of its students are from out of our circulation area), and, of course, has money.
The paywall site would be a big part, at least initially. That's the avenue for getting revenue quickly. We know it'll take time to get photography contracts and gigs, where the paywall site can start earning money immediately after launch.
What makes the issue so time sensitive: this would be a heck of a time to launch the site, right before the start of fall sports. And there'd be a few weeks (or longer) where the paper would have next to no coverage, obviously, as they look for my replacement.
I think I could get 1,000 subscribers from those two schools. If it was successful enough and I could employ freelancers, I'd love to expand it to the surrounding region, in which villages' high school sports is the only thing going for them. Huge interest there. Problem is now for the paper, it's way too many high schools for one guy to cover well. I'd like to focus just on those two high schools, because I believe the coverage I can produce of those two would be a product worth paying for, as opposed to trying to cover over a dozen.
I have enough savings to live on for up to a year. In addition, my income will be low enough to qualify for a subsidized healthcare plan. heck, from looking at plans on the Marketplace, I could get better coverage for far cheaper than I get through the paper.
If the business doesn't pan out and I burn through all my savings, I've got fall-back plans. In addition to trying to get a communications or technical writing job or something similar that's a common occupation for former journalists, warehouses around here are basically begging for people to work, and I don't see that changing much in the next year (they were begging before the pandemic, too). I'm not above doing warehouse work, and I'm healthy enough to do it.
So, do I give myself the axe and go out and give this a real try now in what I think is an opportune time, or do I just suffer through and wait for the eventual layoff and take the stable income while it's there?
Any feedback is appreciated.
Things have stabilized a bit, but the end is coming sooner or later, and I'm guessing sooner. The pandemic has made the job far less enjoyable for me for several reasons and have only added to the other reasons that have developed in the last several years. Frankly, I'm embarrassed of the product. The paper's less than half the size it was when I started, I'm the only sports writer now, coverage is far decreased, etc. etc. You all get the gist -- similar complaints have been made by others here for a decade.
I've been planning various exit strategies for years, and I could kick myself for not having taken one several years ago. I worked in the university's mail room while in college, and the boss liked me and was still employed by the institution and would let me know when full-time positions opened up for years after graduation. He's gone now, and I could kick myself for never having applied and trying to get one of those jobs. Not glamorous, but slightly more money than I make at the paper for a heck of a lot less work, and much better benefits.
The main exit plan now is to start a photography business with the paper's photographer (we already have the business formed and are beginning to look for gigs). Our main idea is to focus school photography and to compete with the big national chains -- a couple of other local photographers have successfully wrangled away school contracts from those national companies. Failing that, we'll do it all -- real estate, seniors, weddings, etc. There appears to be enough of a demand to make a go of it in the region, and we believe we're well-enough known entities locally to get business.
In addition to that? Set up a paywall Wordpress site to cover two local high schools, the big one in the city we're in and the small catholic school that draws from a larger region, is undercovered by the paper (because half or more of its students are from out of our circulation area), and, of course, has money.
The paywall site would be a big part, at least initially. That's the avenue for getting revenue quickly. We know it'll take time to get photography contracts and gigs, where the paywall site can start earning money immediately after launch.
What makes the issue so time sensitive: this would be a heck of a time to launch the site, right before the start of fall sports. And there'd be a few weeks (or longer) where the paper would have next to no coverage, obviously, as they look for my replacement.
I think I could get 1,000 subscribers from those two schools. If it was successful enough and I could employ freelancers, I'd love to expand it to the surrounding region, in which villages' high school sports is the only thing going for them. Huge interest there. Problem is now for the paper, it's way too many high schools for one guy to cover well. I'd like to focus just on those two high schools, because I believe the coverage I can produce of those two would be a product worth paying for, as opposed to trying to cover over a dozen.
I have enough savings to live on for up to a year. In addition, my income will be low enough to qualify for a subsidized healthcare plan. heck, from looking at plans on the Marketplace, I could get better coverage for far cheaper than I get through the paper.
If the business doesn't pan out and I burn through all my savings, I've got fall-back plans. In addition to trying to get a communications or technical writing job or something similar that's a common occupation for former journalists, warehouses around here are basically begging for people to work, and I don't see that changing much in the next year (they were begging before the pandemic, too). I'm not above doing warehouse work, and I'm healthy enough to do it.
So, do I give myself the axe and go out and give this a real try now in what I think is an opportune time, or do I just suffer through and wait for the eventual layoff and take the stable income while it's there?
Any feedback is appreciated.