I apologize; I did all the editing myself. So, any mistakes are mine and mine alone. Also, I apologize that I've split this into two parts. I got roasted by some of you for breaking up "The Guitar Player." But I am sending in both parts at the same time. Thanks for your understanding.
I sat in my office staring out the window while contemplating the shit pile my life had become. The winter winds were gusting outside, and the weather forecast called for heavy snow. Of course, this had most of the townspeople happy as it was still almost three weeks before Christmas Eve. However, some of the families wouldn't be all that happy. This was because unemployment was hovering over fourteen percent in the county at the moment. That meant a lot of people were out of work.
I picked up the nameplate from my desk and looked at it. It read -- Tom Ambrose -- President. I remembered the day I bought the radio station with a little sadness but a lot of pride. You see, I own the only radio station in town and the county for that matter, WJTW -- 1590 AM.
As I sat in my office watching the wind blow swirls of snow up and around, my mood bounced between gloomy and hopeful. Even the Christmas music playing from the speaker in my office didn't fill me with the holiday spirit like it normally would. These were desperate times for me as I was in danger of going bankrupt. But I had a plan that would hopefully dig me out from under.
It began almost eighteen months ago when the Windward Sporting Apparel Company announced they were shutting down all operations in the United States. There were only two plants still open -- one in New Jersey and just outside of Milton, North Carolina, my hometown. Our local factory was the fifth-largest employer in the county. There had been numerous rumors about the plant closing, but the decision was finally made to cease all operations.
They shut it down with only two weeks' notice, putting almost two hundred people out of work. That was two hundred direct jobs that were gone. The area probably lost an additional three or four hundred indirect jobs due to the factory's closing.
That announcement was followed that the local Walmart would be closing its doors once their superstore was opened about twenty miles away. Then several other businesses either closed or moved elsewhere, including the CVS drug store. Then the economy nationwide plummeted. Unemployment in our area was running between fourteen and fifteen percent and threatening to go higher.
As the economy crumbled in our area, the radio station lost about forty percent of its advertisers, and I now struggled mightily to pay my bills. I was behind on the mortgage for the station and the land I had purchased for the new tower site. In fact, I just learned that Edgar Brenner, the mortgage holder on the land, was pushing ahead with the foreclosure. I only owed thirty-seven thousand dollars, but if I couldn't bring the mortgage up to date, I'd lose the land and all the money I had put into it. It seemed that all I did nowadays was juggle bills, keeping the wolves away from the door.
Owning a radio station had been a lifelong dream. I had always been fascinated with all forms of broadcasting, but I especially loved radio. But with all my troubles of late, my confidence had been badly shaken. Still, my love of radio remained. One of the things that I had been taught in my business classes was to cut your losses if you continue to lose money. But I refused to give up on the station.
My love affair with radio began when I was in the second grade. That was when I first took notice of the tube-type radio my mother always kept on in the kitchen. It had a nice soft, warm feel to it. My mother had it tuned to her favorite station, WNEW in New York in the morning, and William B. Williams would fill the room with friendly talk and soft music.
I would watch the radio on cold winter days and envy Mr. Williams. He was in a nice warm, safe place while I had to shortly head out into the freezing cold for my walk to school. Of course, at the time, I never realized that Mr. Williams probably had to get up at 4 am and fight his way through New York traffic in freezing conditions to get to that warm, safe place. Anyway, I believe that's when I fell in love with radio.
My love of radio grew over the years, and by the time I entered high school, it was almost an obsession. And yes, I was the guy who did the morning announcements. It was as close to radio as I could get at the time. And yes, I was also one of those geeks who helped handle the audio and visual aids for the school.
Shortly after starting high school, I got a job. It was part-time during the school year and full-time during the summer. I put a huge chunk of what I earned into a savings account that I called my radio station fund. I continued to work in college and kept saving my money. I had good enough grades to get a state-funded scholarship, and my parents paid the rest as long as I was pursuing a business degree. I wanted to major in communications, but I also knew that having a business degree wouldn't hurt when I finally owned my own radio station.
As soon as my parents left me in my dorm room my freshman year, I headed out in search of the college radio station. By the end of my first hour at college, I was signed up as a volunteer. The next four years were really great, and in my senior year, I was appointed to be the station's manager. And what that even doubly great was that it was a paid gig. I got $500 a month to run the station. The only downside was that I had to interface with Chad Duncan III.
Chad was an insufferable snob. Unfortunately, he was also the editor of the school newspaper. Chad's parents were quite wealthy, owning a string of newspapers and magazines in the Northeast. And he let everyone know who he was, how much money his parents had, and that someday, he would be running the company, TriStar Media. Like I said, he was an insufferable snob. Still, I had to deal with him for all school media events to plan the appropriate on-campus publicity. I also had to deal with him at the quarterly budget meetings that the school insisted on for all organizations getting money from the college.