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Devise a strategy to fund Zheln #32

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pvzhelnov opened this issue Oct 2, 2020 · 2 comments
Closed

Devise a strategy to fund Zheln #32

pvzhelnov opened this issue Oct 2, 2020 · 2 comments
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@pvzhelnov
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pvzhelnov commented Oct 2, 2020

  • I calculated I need $600 to fund myself for a month. As don’t have other jobs now and Zheln takes most of time and energy, myself is basically all I need to fund for now.

  • Also, there are expenses associated with Zheln itself, namely the domain (around $30/yr) and the planned full-feature Open Access Zheln progress publication in a peer-reviewed journal, preferably Syst Rev (around $2200 once). As these are relatively minor in comparison with the basic expenses, I expect to fund them by cutting basic expenses & collecting these cuts as well as overpays.

  • One way would be to mention this sum directly. However, this could influence the reader adversely as they likely wouldn’t feel their minor $1 to $5 donation contributed to this large sum.

  • So instead, I created a new, $600-worth tier on Patreon. This is the text:

    • As this gives Zheln complete funding for a month, I will personally thank the patron in each Zheln summary post published in the given month if they wish so.
    • Also, at the patron’s discretion, I will display any Star Wars icon (as legally allowed) on the pages of all Zheln appraisals published during the given month except for those funded by other patrons.
    • Grants the right to PM with appraisal requests, which are treated as a high priority. However, I’m unable to process requests by any specific date. In this regard, nothing is changed in comparison with the $5 subscription.
  • While writing the text, I was cautious not to allow messing with Zheln independence. For the same reason, I made a decision not to limit the number of $600-tier patrons to one.

  • In the 5th summary post, I also wrote the following:

    In other words, you can’t be sure Zheln isn’t suspended in 2021 if you avoid funding it. But if you donate, I pledge to keep running Zheln in recognition of your support.

  • I believe this is a critical motivation for the reader to donate because they would now clearly see why: to gain certainty Zheln will run in 2021. Well, of course, I will also have to really keep Zheln running whatever the sum collected, but I happily embrace this commitment because I like this disposition of things very much.

@pvzhelnov pvzhelnov added the enhancement New feature or request label Oct 2, 2020
@pvzhelnov pvzhelnov added this to In Progress in Fund Zheln Oct 2, 2020
@pvzhelnov pvzhelnov added this to the Raise First $600 milestone Oct 2, 2020
pvzhelnov added a commit to p1m-ortho/qs-global-ortho-search-queries that referenced this issue Oct 3, 2020
pvzhelnov added a commit to p1m-ortho/qs-global-ortho-search-queries that referenced this issue Oct 10, 2020
I’ve started to devise an economically
viable strategy of crowdfunding.

To this issue:
drzhelnov/zheln.github.io#32

Also, helps tackle the crisis mentioned
in the last summary:

https://zheln.com/summary/2020/10/10/2/

* I shouldn’t fund this project via any means
other than crowdfunding to foster independence
* Zheln expenses are mostly on workforce
* Minimum hourly wage of $20 per hour seems reasonable
* I get ca. 440 new records daily on average,
so, given my calculated 2 mins per primary appraisal,
this is 880 mins or around 15 hours a day
* Therefore, I need at least two full-time
primary appraisers
* Plus, I need at least (theoretically) one full-time
tagger to conduct Specialty Tagging Sessions
and one full-time full appraiser to conduct
full appraisals
* Evidence on the previous point is scarce for now,
so probably one part-time specialty tagger
and part-time full appraiser would suffice
* However, as I’m now doing only primary appraisals
in fact and given I estimated $600/mo
crowdfunding would be enough to fully crowdfund,
this is enough to fund 30 hours of my work
per month
* Or in other terms, it’s 900 primary appraisals
per month, or 30 records primary-appraised per day
* Overall, all that seems a very sound funding strategy
I could use to solidly crowdfund Zheln
* E.g., funding four full-time workers given
20/h wage & 48-hour working weeks would require
raising around $15k monthly, which is just 25 $600/mo
subscribers or 1.5k $10/mo subscribers on Patreon,
which looks very realistic
* There is also some workload associated
with writing summary posts and maintaining
the website and software, and it also has to get
estimated; but I guess four full-time jobs
would suffice for starters anyway
@pvzhelnov
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@pvzhelnov
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Crowdfunding platforms set up, YouTube set up—can’t think of anything else for now. No involvement of any specific funders is planned as well. Will not be worked on currently, closing for now.

Fund Zheln automation moved this from In Progress to Done Dec 8, 2020
@pvzhelnov pvzhelnov added wontfix This will not be worked on and removed enhancement New feature or request labels Dec 8, 2020
@pvzhelnov pvzhelnov removed this from the Raise First $600 milestone Dec 8, 2020
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