Not Just for Fun
August 28th, 2008Managing 110° Magazine is fun, but we’re not doing this just for fun.
110° has been marvelous in all the ways that I had hoped it would be when I bought the magazine. I’ve met some wonderful people! My sales manager, Caroline Robertson, and I have a great time working with advertisers. We’ve had huge fun hosting our Mix & Mingle Events that are free to anyone interested in networking.
110° Magazine has worked hard to continue to tell the story of colorful people in our East County. We were the first print publication in the area to offer profiles, the first to go digital with an online version, the first to offer Reader Loyalty Cards, and are now the first to offer digital advertising. (Contact us for details.)
We launched our new Loyalty Reader Cards at the Corn Fest, and if you didn’t get one in this magazine, you can go to Spa Prima, Willy’s Bagels, or Busy Body to pick one up. Every issue will list the advertiser discounts you can receive when you show the card, giving you another reason to look forward to receiving the magazine.
You may have noticed we have more advertisements than ever. Because of our vigorous growth, we continue to add more pages, and have increased our size by more than 50 in the last year while always maintaining more than half of the magazine as editorial content. Don Huntington and Andrea Stuart continue to crank out incredible stories about amazing local people.
It’s been especially great working with Caroline Robertson. She is driven to help her clients towards success. Caroline spends time helping businesses whether or not they advertise with us, and expends a lot of effort in helping her clients promote their business in ways that go above and beyond their advertising. She is sharing with other businesses methods that are providing for our own growth in the face of the current economic downfall.
So we remain balanced in our goals and aspirations for the magazine. We’re all having fun, but the magazine isn’t just for fun, because we’re also running a business.
Someone said that profits are to a business as oxygen is to a living organism. The fact is that the guys who ran 110° Magazine during the four years before I came aboard somehow managed to maintain the publication on life-support long past the time when less passionate people would have allowed it to die a natural death. And such a death really would have been “natural,” since more than 90 percent of new publications in America perish before reaching the end of their first year of existence.
My partner, Don Huntington, who was one of the founders of the magazine, used to tell people:
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- When we started 110° we had three goals.
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- One was to have a lot of fun; and we exceeded that goal from the publication of the first issue.
- The second goal was to make a positive impact upon the community; judging from readers’ comments, we exceeded that goal from the beginning.
- The third goal was to make a wheelbarrow full of money.
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And then Don would add, “I’m proud to say that it is a great accomplishment for any new business to hit two out of three goals.”
It was a great line and Don always got a good laugh. The first two goals really are the most important; I would shut this thing down if we failed in those areas. But after a while profits become essential. We have to pay our printing bills; we have to make payroll.
Fortunately, I have a talent for making money. I’m in this business because I loved the magazine and because I knew I could turn it around. I wouldn’t be trying to sell advertising if it weren’t for the fact that I really believe in our product.
Profits aren’t a measure of our success; they simply make it possible to continue enjoying the success that we’ve been experiencing. 110° Magazine is too good to die.
Don likes to tell people, “The goal is to thrive and not simply to survive.” We’re driving towards higher ground. We’ll soon be earning profits that will bless us and make us a blessing to others. They’ll permit us to make the magazine an even-greater source of good than it is now.
I’ve made up my mind about that — and I’m not going to let anything turn me back!
