Funding: Getting Started

Posted by Viktoria Michaelis on April 30, 2013 in Personal |

The first thing that I have done with my plans, the ideal of publishing my own work and that of others in print, is sleep on it. What may seem like a good idea at the start is sometimes more of a pipe dream than anything else, more something that lives in the world of dreams and outside of reality. The world is a very hard place, and only the toughest manage to get anywhere. And the sleep did me good, although my mind was filled with thoughts and plans and ideas and visions and all those things which rob you of sleep! But it did me good nonetheless because I had time to regenerate my thoughts, mull over the basics of my idea and assess what is feasible and what really is just a dream.

The end result, this morning when I really should be eating my breakfast and doing laundry, is a real plan of action, a real move forward: the funding.

I sat down and worked out exactly what I can afford, what I already have and what I am going to need. It turns out that I have a good deal more readily available than I had first imagined: all the necessary equipment is there; the ideas for creative writing are there; the basic knowledge is there; the links to sites which help and which promote are all there. What is missing, in the end, is merely the rest of the funding because, quite simply, I can’t do it all on my own and thus my thoughts on Crowdfunding and my exploration of how it works.

The end result, as a sort of test phase, is this:

[now edited out: see Going It Alone.]

This, for want of a better description, is my first attempt to bring other people into the boat, to gain some interest in my idea, to see whether I can raise enough – although it isn’t all that much – to at least produce the first five to ten titles. It is a small sum, considerably less than I was advised to ask for, but manageable. It will get me off the ground, and that is what is important at the moment. If this works – also if it isn’t quite as successful as I would wish – I will undoubtedly carry it further and launch another promotion in a few months time. Maybe even earlier, since there is a good-looking platform which has been recommended to me which isn’t so cluttered with thousands of other projects.

I still have a great deal of work to do, not just with the books themselves but also with the general business plan, with contracts for anyone who decides that they wish to offer their work for publication (subject to me accepting it, since I am not going into the area of vanity publishing), with registration of a business, with the tax man, with a special web site dedicated to just the publishing side of my life. Despite the amount of work involved I know that I am going to enjoy doing it, because I have a sort of vision for the future and, above all, because I gain real pleasure from the written word. Just in case you hadn’t noticed!

Love & Kisses, Viki.

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