On August 5, the Kickstarter project concluded unsuccessfully.
Because I was unable to meet the goal of $70,000, was unable to raise
any of the money pledged to the building project.
So now what? Well, there's an answer to that.
The
good news is that over 60 people pledged a total of $11,500 tot he
project, and while I wasn't able to collect it, it did show me what was
possible. I will be staying in touch with those backers to keep them up
to date on developments as the project moves forward. And move forward
it will. How?
Well, there is the classic business
approach. I am putting a business plan together and will present it to
the bank soon. Once I secure the backing of the bank, I will mount a new
project on Indiegogo to raise as much as possible. Because Indiegogo is
a flexible funding platform, I will be able to collect whatever funds I
raise regardless of the actual goal. The goal will be far smaller and
so more achievable. that should help guarantee success. Any funds raised
through crowdfunding will go to finish off the building - drywall,
heating and a couple pieces of equipment that will be needed and are not
directly related to construction.
So things are in a
holding pattern for a short time while I get the business plan finished
and ready to go. I hope you will stay along for the ride because it's
bound to get even more exciting!
