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How do you approach your annual or recurring projects?
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I may be unique, but I view projects that do annual campaigns for the same project as poorly run businesses. I might cut you some slack if you do a second, but I won't support a third. I view Kickstarter as the place for raising the seed money you need to start something new.My view on this is probably tainted by the fact that I run a monthly science fiction magazine and podcast that I have been trying to turn into a full-time career. Feast or famine fundraising just doesn't make sense to me (nor does the stress of an annual campaign). I think it is more important to build stability and with recurring projects, the natural way to do that is with subscriptions or recurring pledges. I save Kickstarter for new initiatives. For example, last year, we launched a campaign to help us fund the addition of Chinese translations to each issue. If that campaign failed, the project, not the magazine, would have been a bust. In the campaign, I promised not to return to Kickstarter to fund year two. That gives me one year to secure the recurring funds through expanding my business in a traditional way.I love Kickstarter, but it's not always the best tool for the job. I think something like Patreon is better suited to funding the second, third, etc. year of a project. You can leverage each audience to promote or support the other and switch the Kickstarter campaigns to moving you forward rather than sustaining what you have. I think those types of KS projects are more exciting to your community.
Neil Clarke

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