How to Make a Small Fortune in Wine … Story-Telling Time in Napa Valley

Sue and I are in Napa Valley, California this week to participate in the 2016 Professional Wine Writers Symposium at Meadowood Resort. The symposium is a project of Meadowood Napa Valley, the Napa Valley Vintners Association and the Culinary Institute of America. The theme this year is “Taste Locally, Publish Globally.” You can read the program here.

No Joke: Writing About Wine Business

Sue is a career and writing coach and I am going try to convince the participants to think seriously about writing about the wine business as well as more conventional topics such as wine-makers, wine regions and wine tasting. My talk is called “How to Make a Small Fortune Writing about the Wine Business.” The title, as you have already guessed, it a variation of the world’s oldest wine joke, which begins “How do you make a small fortune in the wine business?”

small fortune

(In case you haven’t heard the joke (which seems unlikely) I will provide the answer at the end of this column.)

The symposium takes place in rather regal settings. The Meadowood Resort looks like a fantastic place (I’ve not visited before) and we have classes at Meadowood, the CIA Greystone facility (the historic Christian Brothers winery) and local wineries.

I have taught in many types of classrooms around the world (ask me about the Communist-era blackboards in an old university classroom building in Prague), but nothing as elegant as this!

Wine and the Dismal Science

And we are in rather illustrious company, too. Hugh Johnson and Jay McInerney are the headliners, but really all of the speakers and coaches are headliners in my book. You can see names, faces and read bios here.  My talk is sandwiched between McInerney and the New York Times’s Eric Asimov. No pressure!

I am a little bit of a fish out of water here. I am not really a wine writer (I can see some of you nodding in agreement!). I’m an economist who studies and writes about the global wine industry and most of my talks are aimed at the industry audience. Wine and the dismal science — an unexpected pairing but a very interesting one.

No Complaints!

Don’t get me wrong —  I have no complaints about being included in this wine writer group. The perks of writing about the wine business are pretty appealing, including the chance to rub elbows with these wine celebrities and to learn from them and from everyone here like the student I hope ever to be.

I think everyone will have fun at the symposium but, returning to the theme of my talk, this is real business not a holiday junket. It is business to the participants, who make their living writing about wine. And it is all business for the organizers, too, who have a strong interest in nurturing wine communication.

Wine is all about telling stories, so how smart is it for the Napa Valley industry to invest in the story-tellers? Very smart and very forward-looking.

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OK, here is the promised punchline. How do you  make a small fortune in the wine business? You know the answer. Start with a big one!

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