I’m a planner, I love to organise, especially finance and work wise. I don’t function without a budget which is always at least 3 months in advance, that’s just the way I like to live. So with my Crowfunder pitch just over a third of the way through, with a total investment of £300, I’m starting to plan.
I’m so unbeliveably grateful to all of those people who have funded me so far, your generosity is amazing and I’m so happy that you’ve wanted to contribute. I have to plan for the worst though, that all you lovely people will be getting your money back if I don’t reach my target.
Two things have gone through my head, the most troubling of the two thoughts is that if I can’t raise the funds needed for printing by the meter, then maybe my work just isn’t popular enough to do it. I’m very pragmatic and this is something I have to carefully consider. I hoped that my pitch would be funded by many investing small amounts of money, the £10-£30 range. I wonder if there just isn’t enough interest for my fabrics to reach this target? I did worry initially that the total was simply too high to reach but reducing the original target too much would be fruitless as I wouldn’t have been able to complete the project without all of the money anyway.
So what are my other options? One – try and save up and raise the funds myself, but being self employed without an employed wage coming in anymore, this will be tricky. Two – go to the bank and try and get a loan. Again, this is tricky for the same reasons as one, I doubt if my bank will lend me money knowing that there isn’t a regular wage coming in, also I’m not sure I could cope with the worry about not being able to pay it back. The last option is to not do it at all, I’m trying not to think about that at the moment though. I’m not putting my head in the sand, it’s just that I don’t want to think about not being able to fulfull my dream at all, not just yet anyway.
My deadline is around the 16th July so I’ve got to have a plan of action by then. Would love some feedback though if anyone has looked at my bid. Are the rewards just not what you were interested in? Was there info lacking from the bid? Any feedback would be gratefully received :)