1. Your career will probably depend on luck.
That is true. It is all about being at the right place and the right time, and knowing the right people.
2. Few journalists write really well, so you have an advantage if you can, especially as editing resources shrink.
No matter what happens to the form journalism is presented, great writing will always take precedent.
3. Despite the current hard times, students have an advantage over professionals because they have tech skills, and aren’t entrenched in the hierarchy.
That is true. Just another example of Structural economics.
4. Attitude counts more than ever.
Hope it doesn't count too much.
5. You’ve got to get known, because editors tend to hire people they already know. (Note, this is when Adler mentioned that he’s interviewed “children of board members of companies they cover” for jobs.)
Like I said in question 1. It is all about who you know, not so much what you know.
6. Be essential, not discretionary.
7. Advertisers have much more power than ever, and that’s an enormous problem.
Since they pay, they have a lot of leeway. I'd also think Magazine subscribers have a good bit a leeway.
8. An editor-in-chief spends less than half his time doing anything even remotely journalistic.
Mostly business talk.
9. Analog dollars make digital pennies, but online may save the industry.
Let's hope it does.
10. The skills of a journalist have value, even if it’s not in journalism. (Especially helpful to hear when Adler predicted that journalists’ salaries will likely take a downward turn.)
Once hired, it is all about what you bring to the table. Who know gets you in the door, what you know and what you do makes the paycheck.