So I have some thoughts about this. I'm going to start with the optimistic: congrats on learning your desired path at an early age & wanting to jump in. That's genuinely great, however your thread is very defensive of toxic industry traits which shouldn't exist to begin with.
https://t.co/GrgBWG50xQ
I started The Indiependent in 2014 when I was in sixth form, and have worked on it VOLUNTARILY ever since. I probably spend about 20 hours a week working on the site, alongside a day job which I need to do to live.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
https://t.co/cdd4q9nIm5
The amazing editors all give up their time to do the same, often juggling their positions alongside university/work. For them, they get the editorial experience which to someone looking to apply for a journalism course or go on to work in the media industry, is valuable.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
https://t.co/FTnLRm0TUf
Trying to pitch to national publications is depressing for an experienced freelance journalist, let alone inexperienced newcomers who i) don\u2019t have any clippings and ii) don\u2019t understand what a pitch is or how to write one.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
https://t.co/t2TNp3m8jV
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https://t.co/rs3lEYSrFX
https://t.co/xlbmuCtn1y
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https://t.co/hoYdbflRtI
It functions as a communal portfolio site, where people do not have to spend any time or money setting up a website or learning digital skills, you can just write words and share them with an established readership.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
https://t.co/XZBQ4YKm5L
Spending some time writing for a publication that can i) give you those clippings and ii) teach you what a good pitch should contain is a useful experience.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
As a student, I wrote for free for a national newspaper and got very excited about my byline.
https://t.co/ooSHWz9Wnu
But the bottom line is, The Indiependent is a money pit. Maybe that\u2019s my failure to monetise it effectively - if it is, then I would love to hear from the \u201cshould not write for free\u201d crowd how to change that.
— Beth Kirkbride (@BettyKirkers) December 7, 2020
More from Life
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.