A friend suggested I write about effective storytelling for this post. I’ve decided to put that on my list of ideas (which I keep in a bullet journal, btw), and talk about something that many of us learned about on October 16th:
Midnight Ink will be closing its doors after the 2019 Spring/Summer catalog.
From what I can tell, it came as quite a surprise to the well-known and respected staff, not to mention the quality authors they’ve promoted and stood with in the past. Our own Becky Clark is one of those talented writers who is now exercising those muscles that allow her to get back up after taking a blow. I’m not speaking for Becky here in any way. Maybe she’ll share some of how she’s processed this news.
But this is what today’s event put me in mind of:
For years, I worked in an industry that was either scrambling to keep up with demand, or laying people off to deal with a slow market. The mortgage business is at the mercy of the local real estate economy and interest rates set by the Feds. Going into it, I had no idea it would be as volatile as it was.
I remember as a loan officer, whose income was commission-based, looking at interest rates that required our company to get a Colorado Uniform Commercial Credit Code license! Today, that means that any annual percentage rate 12% and over would require the lender to have a UCCC license. We were often looking at APR rates at 18% or even higher (somehow 24% sticks in my memory). How in the world would anyone be able to qualify for a mortgage loan at those rates? That’s when creative financing took off, but my industry still laid off thousands.
Later, as a manager, I’ll never forget earning every nickel of my salary the day I had to call people into my office and give them the news they’d been dreading… “Here’s your severance check.”
And then it happened to me. To be fair, I was offered another position within the company, but my ego just couldn’t accept it. I’m pretty sure I surprised the president when I turned him down. I know he thought of us as “family.”
I remember struggling to find my identity as a person and not a job title. It took a while.
But then look what happened!!!
Okay, it wasn’t overnight. I ran another mortgage company, started my own mortgage company, went to work for one of the biggest mortgage companies, got major burn-out and worked for a year as a receptionist at a veterinary clinic, sold Mary Kay (still do), and finally, finally, finally, became an author.
The fabulous staff at Midnight Ink aren’t finished, they’ll just reinvent themselves and find purpose with another publisher, maybe even start their own publishing company! They and their brilliant authors will hold a reunion or two because friendships don’t stop just because the business does.
Change is hard. It feels like loss, but it’s only change. And almost always, mark my words, change ultimately brings something better.
Have you faced change in your life? Did it eventually put you in a stronger place even though it sucked at the time?
It’s all better with friends. Yes. Yes, it is.