I’m shutting down the Sole Trading company ‘Jackson Pope trading as Eurydice Games’ and transferring my assets to Eurydice Games Ltd. ahead of the FlickFleet Kickstarter in a couple of weeks time. It seems like a good time to take stock of the first 15 months of Eurydice Games.
I started the company in August 2017 with a £1,000 ‘investment’. I say investment in quotes because it was money I was putting into the company and at risk, but I wasn’t expecting a great return from it, I certainly wasn’t treating this like a stock market investment - but I didn’t want it to be a vanity project where I threw money at games that no one wanted to buy or play.
Fifteen months in and I have just under £600 in the company, so from a cash flow point of view it’s been unsuccessful. if you consider the £355 of Zombology materials I still have in stock then the company has made a loss - I’ve spent a year turning £1,000 into £930. Oh, and I’ve worked probably 150 hours of my free time for no recompense either. So woefully unsuccessful.
So why on earth am I carrying on? The one thing those numbers don’t take account of is FlickFleet. I’ve spent nearly £500 getting FlickFleet ready for market, and obviously FlickFleet hasn’t yet had a chance to recoup any of that. If you treat that as value (R&D investment?) then things look a little rosier: £1,000 to £1,420 in fifteen months, which is a pretty reasonable rate of return. Of course, if FlickFleet fails to fund and we pull the plug on it then that's wasted money, so I can't rely on it.
We're now 10 days from FlickFleet arriving on Kickstarter, so I don't have long to wait to find out...
Monday, October 29
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6 comments:
Is the Flick Fleet KS going to have an 'electronic' level for those that want to support the project? For example, a PDF with the rules and cut outs for those that want to make their own units?
Hi Todd,
Yes, it does: PDF for rules and ship dashboards plus laser cutting files for the ships. You'll need to source your own cubes, discs, dice and box. That level will be £5 (about $8 I think).
Cheers,
Jack
Coolness, you can count me in for that. :-)
Hi Todd,
Thanks for your support!
Cheers,
Jack
Any indications of what the potential backing levels will be? And is the timing (post-Essen) going to affect people's ability to buy?
Hi Derek,
You can see a preview of the KS page here (including reward levels): https://www.kickstarter.com/projects/eurydice-games/1676261151?ref=576403&token=01526c38
The timing might well hurt us, but I don't think there's a good time any more - it's always very busy!
Cheers,
Jack
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