|
Page 2 of 3
Poverty
is an extremely salutary experience. No-one ever tells you how boring
it is. Being poor means you have no choices – you can’t buy
a new book, or new clothes, or go to the movies. We never missed a feed,
but we had some very ordinary feeds, I can tell you.
The
guy I worked for was your basic office lech. He seemed to find the idea
that I was still breast-feeding extremely titillating, and delighted in
making grabs at milk-engorged boobs just for the thrill of causing me
to spring a leak.
I
had to come up with a plan. So I started talking to all the successful
blokes who passed through my boss’s office about what else I might
do, and eventually one of them offered me a job selling time on Channel
10.
Now
I didn’t know that such a job existed – the notion of selling
time struck me as weird – and further, the job being offered was
based in Melbourne, and as I had never been out of the State, it was a
big decision.
However,
it was clear to me that I had to seize the chance, and I said yes. So
then the bloke who had offered me the job told his Melbourne Sales Manager
what he’d done, and the Melbourne Sales Manager flatly declined to
have me, on the basis that Melbourne wasn’t ready for a female rep.
So
they had to move a male representative from Sydney to Melbourne, and I
washed up in Sydney, feeling distinctly unloved.
Two
years later, I was still feeling unloved. The Sydney Manager had left,
and I was passed over for promotion in favour of a younger, less-experienced
male. When I confronted his boss, he blithely told me that it didn’t
matter how long I stayed, or how good I was, they would never promote
a woman.
That
was 28 years ago, and prior to the Sex Discrimination legislation that
protects us these days, so he could say that with impunity – although
God got him in the end. Last heard of, he was bankrupt, and driving a
cab.
At
that time in my life, I acquired my first important mentor. Absolutely
outraged at the unfairness of it all, I wanted to storm out, punching
somebody’s lights out on the way.
But
my mentor had good advice. He suggested I evaluate my position, and decide
what would be the best possible next job for me, and then work towards
achieving it. That process took 12 months, and it was my first exposure
to the notion of patience as a strategic tool.
I
am by nature an impatient, impulsive person, and like most people, I manage
to rationalise that my weak points are really my strong points, and that
patience was merely the outcome for people too nervous to make a decision.
The idea that patience was a tool that could be used to deliver what you
want was a revelation to me. I’m still not as patient as I’d
like to be, but I’ve worked very hard at getting better at it.
The
job that I waited for was at Family Circle magazine – then owned
by the New York Times – the first magazine to be sold in supermarkets
– difficult as it may be to believe it now, in those days, Family
Circle was a hot book, and I was its first female ad sales representative.
It was probably the happiest time in my working life. I worked my way
up to State Manager and then National Sales Manager, with a staff of 6,
a budget of $6,000,000, and my first company car. It’s amazing how
exciting a white Ford Cortina can be when it’s your first company
car.
3
Years later I was headhunted by the Fairfax organisation, initially to
work in newspapers, and then 12 months later, I transferred to their magazine
division as Group Advertising Sales Manager.
At
about this time, I remarried. After 8 years on my own, I finally met a
37 years old straight bachelor, fell madly in love, and finally mated
for life. It remains one of the most improbable things I’ve ever
done, but it’s certainly one of the most successful.
And
about this time I began to work on the project that would change my life
for ever.
I
developed a plan to launch a version of Dolly magazine in the US. Dolly
at the time was per capita the most successful teenage magazine in the
world, and the US had nothing like it.
The
most successful teenage magazine in the US, then and now, is called Seventeen,
and at the time its editor was a 60 year old former nun. The notion that
a magazine could be edited and run by a group of young women not much
older than their target audience had never been tried in that market,
and all our testing indicated that it would be a huge hit.
The
process of getting the project approved was a huge test of the patience
I was working on acquiring. It was two years before the Fairfax board
approved the project, and when they did they wanted me to be in New York
in 3 months time.
Mercifully,
my new husband manfully shouldered the responsibility of getting both
children to the end of their school year, and I left for New York in June
1987, to launch the magazine we had decided to call Sassy.
And
it was in New York I met the woman who was to be my business partner,
playmate, and great friend, Anne Summers, author of the classic Damned
Whores and God’s Police, and then Bureau Chief for Fairfax in New
York.
We
knew Ms magazine was for sale.
Ms
is a feminist icon, founded by Gloria Steinem and friends in the 70’s,
and with Gloria still very obviously at the helm, we formed the view that
two magazines were better than one, and if anyone could fill Gloria’s
shoes, then Anne was just the girl to do it.
Persuading
the Fairfax board to cough up for a second magazine was not too difficult,
because a number of predators were circling the share registry at that
time, and the Board was anxious to be seen as proactive.
So
the deal went through in November of 1987 – our first issue under
Anne’s leadership appeared in February, and the first issue of Sassy
appeared one month later.
And
then, in mid April, we discovered that Fairfax had been sold to young
Warwick Fairfax, who had put all their overseas assets up for sale.
He
did however offer us a 6 week window to see if we could raise the money
to buy ourselves out.
What
followed was a frenetic round of visits to bankers, and venture capitalists,
and somehow it all came together, and we were able to raise $20 million
US, and launch Matilda Publications Inc., the new home for Ms and Sassy.
That
deal was concluded on July 1st, 1988, and 6 weeks later – just as
I was starting to enjoy my new incarnation as a media mogulette –
disaster struck.
Sassy
was targeted by the religious right with a letter writing campaign to
all our advertisers. In the space of a week, we lost our 5 largest advertisers.
The campaign was started by a woman from Wabash, Indiana, who ran a little
group called Women Aglow. She contacted a much bigger group, called Focus
on the Family Citizen, whose leader had a syndicated radio program across
the US.
The
most letters any advertiser got was 300, but off the back of a clever
pr campaign, it was enough to almost sink us.
Kids
loved us, of course. Our budgeted circulation for the first issue was
250,000. We debuted at 330,000, and circulation climbed rapidly from the
beginning. The sex education content of Sassy was similar to what is in
Dolly here – about 1% of the total editorial package, but in the
country with the highest rate of teen pregnancy in the western world,
girls were still expected to just say no.
|