I just launched a Patreon. I’d been hoping to hit $500 in the first forty eight hours of the big push and we’re at $290. Last night I right away saw that I should have set up the goals to begin at $500, not $1,000. I need $1,500 to replace the lost freelancing income and survive with book contracts. But for $1,000 I can take the jump. I over estimated the velocity, which is egg on my face. I had no idea how my Kickstarter campaigns would translate over to Patreon, which is a bigger ask and does not have as much a profile, whereas the Kickstarter thing is embedded (and gets some signal boost from Kickstarter due to past success).
It’s amazing that over 50 people have signed up already and are psyched to get stories from me and we’re slowly ticking toward 100. Always, crowdfunding is amazing to me.
I was trying to wrap my head around whether we had conditions for a success in the future of this or whether I’d miscalculated badly and should have just done two kickstarters for my collection System Reset and Just a Draft, my book collecting things I’ve written about writing.
Still, I’m roughly 30% to where I minimum need to survive, which means I can envision how to get to 50%. And once you have half of something, you have half the job of getting to the whole thing. I went back and looked at my old Kickstarter launch for the novel The Apocalypse Ocean, where I realized that it was a hard long slog. We launched and only had 20% of the funding at start. Everyone was worried I’d fallen on my face hard in public. But, we kept at it and it happened:
I believe I can provide stories with characters of diverse backgrounds that are thrilling and through provoking and entertaining for people. I’m super committed to trying to spend the next five months making this Patreon work, so that I’ll never look back on this moment and say “hey, I didn’t try everything I could have.” It’s a leap of faith, but, I’ve never regretted trying a thing.
To that end, with some feedback from folks, I reshaped the goal bonuses of the Patron:
At $500 a month, I’ll start writing the stories. Period. So we’re well over halfway to that point. We’re 60% of the way to that point as I write this.
At $750 a month, using some deep savings and some judicious credit on the business side, I don’t have to start looking for new freelance work and the stories are going to keep coming for sure. We’re 30% of the way there, and the moment we hit it I’ll release the collection ‘System Reset’ to backers.
At $1,000 a month I’ll release my collection of thoughts about writing called ‘Just a Draft’ to Patrons and I’ll start designing covers for the work.
At $1,500 a month I’ll begin creating audio versions and podcasting the stories to you.
At $2,000, you get an original Xenowealth novella.
I’m learning in public here. There’s a reason most choose $500 for the first goal set and I just learned that the hard way!