It’s been almost a month in the new house and my art desk is still hidden away behind boxes… so I think it’s time to finally admit I’ve thrown in the towel.
After looking over revenue from the past 12 months and then looking forward, I’ve decided to turn my micro business back into a hobby. I’m nowhere near profitability for this year to date and I lost money last year– I don’t think I can argue that I’ve got enough of a profit motive to be considered a business anymore.
I’ve made a couple of attempts to get the fire going again, but with the new house (and all it’s assorted projects) I don’t think I’m going to have the time to really get things started. So I’ll still be creating art and running the Etsy store, but I’ll be doing it without an official profit motive.
Ironically this might mean I actually get more art done, which means more things to sell… but it’s a heavy might.
Will I start up the business again someday? I’m honestly not sure– but I’d like to. Maybe I just need to wait until I retire properly and have more time to turn my hobby of running a business back into a business of running a hobby.
On top of the Custom Prompt eBooks, I’m also looking at offering some theme-bundled prompts before NaNoWriMo starts up again. There’s nothing quite as much fun as getting other folk’s PlotBunnies hopping and with the forum reset delay I’m itching to get to work!
As you can tell from the checklist, I’m still pre-prompting my way through the 2015 calendar year, so I’m not at a point where I can easily stop and write new prompts. Thus it’s time to dig into the 1200+ prompts I already have… and try to suss out repeating themes.
Right now I’m going with: Death, Cats, and Sarcastic Banter. *sighs*
But assuming I can find enough prompts, I’m still waffling over the size and final price point. Long ago (and far away?) I did math on how much I should be charging per word and a $0.99 collection should thus run 20,000 words.
Yeeeah, no. There are only 7,000 words in a yearly collection and that’s 250+ prompts. eBook vendors really don’t want to see anything below the $0.99 price point, so I’m going to have to find an equilibrium that works. Right now I’m looking at ‘101 Prompts of BLAH’ just because it’s a fun number, but I’m not sure I’ll have that many unless I go with really broad topics.
But I won’t know if I don’t try, so into the mines! 😀 (Anyone have themes they’d like to see? If so drop me a comment and I’ll see if I can’t make it happen!)
I’m finally getting ready to start posting magnets to Etsy, so I figured what better time to do a How-to on how I make them, how much they cost to make (and sell).
This will cover all the supplies used, the time and methods for each step, and the accounting bits that go alongside. To be honest I made these just to learn how to cast in plaster, but then I got addicted to all the color possibilities and the fun of rearranging them. Figured it couldn’t hurt to share them in case another office out there was in dire need of a small crazy colored herd of whimsy.
The process of making these really isn’t that hard, but it does take time to learn how to make the silicone molds and to learn how to cast with the Plaster of Paris and wood glue mixture. While it’s still obviously cheaper to buy the magnets from me than to make them, it’s certainly more fun to grow your own! 😀 Continue reading Small Horse Head Magnets : Costs, How-to’s, etc.→
One of the joys of having a crafting micro-business is doing yearly battle with the Schedule C (Profit or Loss From Business).
I might not have pulled in the big bucks last year, but I made it into the black and now it’s time to pay up. Thankfully I’ve learned a trick or two over the years and the actual form only took me a few minutes to fill out!
Which leaves me with just Etsy and eBay to build my scheduling around.
I’ve built up a nice little herd on Etsy and since the main page can only display 24 horses (6 x 4), anything beyond that isn’t going to catch the eye. I’d still like to keep most of the horses in the store, but it’s time to start up an eBay rotation to get the old horses moving out as the new horses move in. Continue reading Model Horse Listing Rotations: Take 4→
I’ve been using USPS Priority Mail for all my Etsy listings, which works out to roughly $6.51 for VA to CA shipping for a 5oz package. The boxes are free and the tracking number is included, so it seems like a good deal– right?
Well not when you pair it with an $11 horse!
It wasn’t until I started working on revamping the listings to match the new custom order prices that it really hit me how much the shipping was. The micros are supposed to be cheap and fun, and 50% markup for shipping is neither. Continue reading Micro Mini Shipping Methods, Redux→
Traffic to the Etsy store has died off over the past few months, due to a lack of new customs and general decline in outside marketing. But now that it’s a new year and a fresh start– time to start filling in the potholes.