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What is Entrepreneurship?
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21st Century Journalism What kinds of challenges do journalism leaders face in the 21st Century? What more specific challenges do high school journalists face that relate to these challenges?
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Entrepreneurship in Journalism
The creation of a new experience, or improvement of an existing experience, by a single person or group of individuals who take on the initiative and risk of financing the opportunity and inviting an audience to participate and interact with it.
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Critical Attributes of Entrepreneurship
Creation of a new participatory experience or improvement of an existing experience One or more individuals taking initiative and risk as team leaders Financing a new or existing opportunity Inviting others to participate in an experience using unique, tailored methods
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Entrepreneurship vs. Production
Participation- oriented Invite the audience Finance the program Tailor to audience Sustain a business Why is it necessary? Creation-oriented Tell the audience Run the program Tailor to story Sustain a beat Why is it necessary?
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Public Relations Definition: Promoting a publication by maintaining a positive public image and employing effective audience outreach techniques Examples: Social media posts, staff manual, defining a market audience Careers: Digital publicist, editor, market analyst, community manager
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Product Marketing Definition: Promotion of a tangible product or experience to a market audience for consumption or purchase Examples: Yearbook sales, promoting an online experience, starting new publications, senior recognition ads Careers: Digital publicist, editor, market analyst
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Branding Definition: Maintaining a positive image as a staff via personal and professional conduct and providing opportunities for an audience to interact with the staff Examples: Social media policies, staff manual, T-shirts, staff activities Careers: Digital publicist, community manager
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Digital Publicity Definition: Entrepreneurship activities that are executed via social media, including fundraising, product marketing, and public relations Examples: blasts, Facebook, Twitter, Tumblr, Pinterest, Instagram Careers: Digital publicist, community manager
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Advertising Definition: Raising revenue for a publication through the sale of business and recognition ads to at least break even or make money Examples: Business ads, recognition ads, page sponsors, coupon books, selling social media posts Careers: Digital publicist, market analyst, sales, graphic design, account planner
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Fundraising Definition: Raising revenue for a publication through the sale of tangible or experiential benefits to the audience Examples: Baked goods, car wash, grad announcements, senior photos, penny wars, kindness cards, Valentine grams Careers: Fundraising/development for nonprofits and companies
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Distribution Definition: A strategy for getting the publication from the printer to the audience and dealing with audience reactions/concerns after publication Examples: Yearbook distribution, letters to the editor, distribution events Careers: Event planning, customer service
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