“Economics of a Kickstarter Project”

Update on progress for the Daily Reader for Compulsive Debtors and Spenders: 208 days written!

***

In an effort to dispel wishful thinking surrounding the romanticized notion of crowdfunding, I wanted to pass along an excellent article that takes you through the financial realities of a successful kickstarter campaign. Spoiler alert: it’s not the fluffy fairy tale it appears to be! Continue reading

Success BDA-Style

Update on progress for the Daily Reader for Compulsive Debtors and Spenders: 200 days written!

***

I’ve begun attending BDA phone meetings and am seeing where my challenges lie. With over five years sober in my personal finances, I thought working BDA would be easy for me. But it’s clear that business is a whole different animal. In addition, I suspect a solo entrepreneur-creative (vs. a creative entrepreneur, which I definitely do NOT consider myself) is going to work BDA far differently than someone building a brick and mortar business with a staff. What I mean is that my decisions will probably be smaller in scope, at least at the beginning, and with enough willingness, I can say no when I must. This process is giving me clarity about what I want success to look like as an entrepreneur-creative: Continue reading