Opportunity Costs and the Lazy Young Journalist

FAIL FASTER.

There, now everyone knows my teaching philosophy. It’s how I structure every class, it’s how I lived the early part of my life. Why? Because the costs of failing are low and the possibility of massive successes are high. Ninety percent sure something won’t work? Why not try it and be 100 percent sure?

And why am I bringing this up today? Because Roland Legrand has a post on MediaShift that talks about how risk averse young journalists can be.

If you’re a young journalist, are you taking chances and exploring?

If you’re a seasoned journalist, are you taking chances and exploring?

And if you’re a manager, are you encouraging and rewarding folks for taking chances? Even when they fail? Often?