I am amazed and excited and more than a little giddy with the news that the target has been reached! As I write, £507 has been pledged of a £500 target.
What does that mean?
It means that if you have made a pledge, that money will be collected when the campaign period ends on July 19th. It means that I will be able to pay for the editing, copyediting and proofreading for the book. It means that I am VERY happy!
Can I still pledge?
Yes, if you want to, you can still make a pledge and receive the reward. There is one category of pledge which is no longer available because I set a limit on the number of those rewards I would give and the limit has been reached. All the other rewards are still available.
What will happen to the extra money?
It depends. I don't anticipate that the funding will dramatically exceed the target, in which case any extras will be held as contingency funding. For example, if the book needs a second round of editing, or if the final word count is longer than anticipated, pushing up proofreading costs.
I have committed to Kicking it Forward, so a small percentage of any extra funding will be used to support other Kickstarter projects.
And finally, anything left after all that will be kept and used towards my next self-publishing project. I don't plan to run any more kickstarters, so I'll need to have sufficient money in the bank to pay for these costs next time round.
Thank you for helping me get this far!
First - I've introduced a new reward level. When the book is published, it will be on sale for £2, so it seemed like a good idea to have a no frills reward level for anyone who would like to pre-order at that price.
Second - a couple of people have asked some important questions about the funding target and the total budget for the project so I wanted to give you more detail to explain that.
Here's the budget I'm working with:
- Content editing: £210
- Copyediting and proofreading*: £400
- Cover art**: £30
- Contingencies***: £100
- TOTAL: £740
The funding target is lower than the total budget because I have taken into consideration the amount I will be able to put towards the project. I don't expect people to back a project that I'm not backing myself.
If I don't raise the funding through kickstarter, then I won't publish the book unedited. I'll need to find some other way to raise the money, which will take longer. I can't afford to pay for all that upfront at the moment. What I'm hoping is that the kickstarter will do just what it says - kickstart the process.
* These are two different processes but the editor I'm planning to use at this stage offers a reduced rate if you buy both which is why they appear together in the budget.
** The editing fees are per word or per thousand words, so they may vary slightly depending on the length of the finished manuscript at different stages of the process.
*** I plan to do the cover art myself, but I'll need to pay for stock images and maybe fonts etc.
As always, if you have further questions, please do ask.