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Snorting sawdust with the toaster on high
It’s not often I find two gems of quotes in one blog post, but I did in this one, pointed out to me by one of my Scripps peeps. WSJ: Newspapers are suffering as advertising moves online. You are a director of Washington Post Co. Do you think newspaper companies will survive? Mr. (Barry) Diller:…
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Always read the footnotes
Gannett Co., New York Times Co. and E.W. Scripps Co. may post steeper revenue declines than expected through 2009, with cost cuts failing to mitigate the drop, Wachovia Capital Markets analyst John Janedis said. Newspaper industry revenue may fall 14.1% in 2008 and 9.8% in 2009, New York-based Janedis wrote in a note to clients…
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Quotable: Myths about entrepreneurs
There’s a myth that entrepreneurs have special traits that distinguish them from other people. But research shows no unique characteristics. There’s a myth that entrepreneurs are risk takers. But research has shown that they try to manage risk. They outsource it where they can. And there’s a myth that entrepreneurs have some sort of secret…