Bob Benz is in London at a media conference and he spoke there on innovation and shared a little about the E.W. Scripps Entrepreneur’s Fund, which is $1.5 million pile of cash available to any entrepreneur with in Scripps willing to make a pitch for a project or business model.
“Letâ€™s stop being prey, letâ€™s start being predators,” he says. “Think like a venture capitalist, think like a start-up. There are opportunities here but if you look at Craigslist and Yahoo and Google and cry in your beer, you wonâ€™t get anywhere. Start looking for opportunities to attack and start looking for opportunities to do it in a calculated way, in a business-like way.”
I’ve been excited by this idea since I first heard of it a few months ago. I think it’s an idea more newspaper companies should emulate.
[tags]scripps, newspapers, new media, innovation[/tags]