I always wanted to be both an entrepreneur and writer. Which is what led me to start Literary Magic, an online literary magazine. I was only 15 at the time and was heading into an industry known for thick competition and thinner business plans, but I used my verve and love for writing and words to distinguish my creation from the rest. So was born Literary Magic, the first online source for literati of all parts: short stories and literature combined with linguistics and etymology.

Literary Magic is like a story to me. Like my life, it’s had its up and downs. Successes and failures. But now our traffic has grown and our name has begun to establish itself within the minds of literati and bibliophages (people who “consume” books at a ludicrous rate). We receive hundreds of submissions a year and dozens of book review requests. What started as an idea for a website has been transformed into a thriving venture. Now I’m working on turning it into a profitable business, utilizing a three-pronged business model of advertising, consulting and e-commerce.

I first got started with Literary Magic by following my passions. At 12 I wrote my first book. That took three years. My second book took three days. Sound crazy? Well, if there’s a will there is a way. This led to me to explore other aspects of the English language, which birthed Literary Magic. Since then, I have written over 200 articles and reviews on language and business, received the Attorney General’s Triple C Award and won my high school’s English literature award.

But my passions took me further. Only six months after working on Literary Magic, the former New York Times columnist William Safire dubbed me a “word maven.” A few weeks later, I was invited to intern with The McGraw-Hill Companies to work with their Online Media team.

The most important things I have learned from my experiences is to never give up and that while there is no formula for success, one method that works for me is the equation “Idea + Implementation = Success. Ideas are nothing if you do not persist and put in the effort to make it happen.

I have also gotten a taste of the incredible amount of effort that goes into running a website and managing people. However, from this experience I have improved my communication and marketing skills.

Today, as I start college,  I still run Literary Magic as CEO and Editor-in-Chief, with a staff of six editors, two dozen staff writers and a couple of web technicians. It has transformed into Reichman Media, which will serve as my platform for all future web ventures. I’m trying to both build a business model and expand the readership of Literary Magic. I also do marketing as CMO for robotics and electronics startup Narobo. I have interned with McGraw-Hill for 4 years and I am working on my third novel. When I’m not working on business, I write and tap dance.

But to me, entrepreneurship isn’t just a career choice. It’s way of life.

Please feel free to contact me with any questions about writing or entrepreneurship or if you just want to connect. I love meeting fellow entrepreneurs and writers!

Tags: entrepreneur, Literary Magic, Rocky Reichman, young and successful people, Your Success Network, YSN.com

This entry was posted on Friday, January 15th, 2010 at 6:00 am and is filed under Career, Entrepreneurship, The Latest, Young & Successful Profiles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.