This New York Times article about how the media industry is losing its future is pretty doom and gloom, but I’d counter that media industry revenue continues to grow and hit all-time highs year after year. It’s certainly more competitive than ever, but I’d rather have an industry with a wealth of opportunities than one with only a few. And how amazing is it to be alive and working in an industry fueled by amazing technological change? Look how far we have come in such a short amount of time!

The article reminded me of Bob Iger’s book (paid link), his thoughts on disruption, and why many businesses have failed. He wrote, “Courage. The foundation of risk-taking is courage, and in ever-changing, disrupted businesses, risk-taking is essential, innovation is vital, and true innovation occurs only when people have courage. This is true of acquisitions, investments, and capital allocations, and it particularly applies to creative decisions. Fear of failure destroys creativity.”

We can’t be afraid of the future. Change may be disruptive to how things are, but how we adapt makes growth possible.