By C. Hope Clark-
Got you on the edge of your seat, right? Everyone loves to find money, and in this business, so few people make much of it. I just returned from a conference where publishers and agents alike warned the attendees not to quit their day jobs because the competition is just so fierce.
I appeared on three panels at PubSense 2015 in Charleston, South Carolina: One on promotion, one as an example of a small press success, and the third, which I moderated, on funding. My favorite topic. So…what was the hot topic of both the panel and the crowd when it came to finding money?
Some people deflate thinking about the effort of crowdfunding, but it is by far the more creative, more independent, the least restrictive, the least regulated form of finding money for your writing, whether you are traditional or indie.
1) You set the bar as to how much you need.
2) You establish the rewards to those who donate to your cause.
3) You choose the crowdfunding site/platform that best suits your taste.
4) You are not judged by a panel, banker, or government entity as to whether you’re worthy.
5) You develop a platform of ambassadors, followers, and fans during the process.
6) You become respected as an entrepreneur.
7) You might become discovered or picked up by an agent or publisher who learns either online or through your query letter that you were successful in your crowdfunding effort.
Projects to post and request money for? First of all, you don’t say you need money to live on. Instead, you might show how you are soliciting funds for:
3) Cover, editing, formatting
4) Public speaking
6) Part Charity in affiliation with the subject of your book
7) Raising awareness of a subject
And if you don’t like asking for money for a project? Many people don’t like holding their hand out. Then consider using the platform to ask for pre-orders of your book. Hey! That’s not painful at all.
My favorite crowdfunding sites:
BIO – C. Hope Clark is author of The Carolina Slade Mysteries and The Edisto Island Mysteries. She also edits and produces FundsforWriters.com, selected by Writer’s Digest Magazine for its 101 Best Websites for Writers. www.chopeclark.com / www.fundsforwriters.com