D5 Hammer Project - Financing and Sales Task

Search
Go

Discussion Topic

Return to Forum List
This thread has been locked
Messages 41 - 60 of total 148 in this topic << First  |  < Previous  |  Show All  |  Next >  |  Last >>
mucci

Trad climber
The pitch of Bagalaar above you
Nov 15, 2009 - 01:14am PT
STANDIng BY the PRepaid button!
Captain...or Skully

Social climber
Mare Infinitum
Nov 15, 2009 - 08:44am PT
....with bated breath.
the museum

Trad climber
Rapid City
Nov 15, 2009 - 12:21pm PT
I was figuring on paying full price and full shipping. Everyone should prepay and no one should have to finance any part. If you don't prepay, you don't get one.

My 2cents
Ed Hartouni

Trad climber
Livermore, CA
Nov 15, 2009 - 12:47pm PT
with the "Prepay" plan it is a matter of timing....
...all of the financing is going into fabrication so there is no contingency.


we could request that everyone be prepared to prepay in a particular time period
this would start the clock on the fabrication

to do this we would need to have an expectation on the fabrication schedule once the capital is acquired to purchase the parts and services required

currently there is interest in 186 hammers, assuming 50% of this is solid then estimate the task to manufacture parts for and assemble 100 hammers...

assuming the time of the fabrication are proportional to the cost of each subcomponent, a timeline can be built to see just how quickly the whole thing can happen.... here's an example...


where the unit time is the time of the smallest step... which is drilling the hole in the handle in this example... some steps can be done in parallel if there are resources available to do it that way (one person might have trouble unless some steps don't require a person).

a real gant chart should be created if this is the way we think it will go.... and then we can estimate the progress against the plan... and also anticipate problems before they create significant delay...
Darryl Cramer

Social climber
Nov 15, 2009 - 02:13pm PT
I am up for pretty much any reasonable payment timing scheme you guys come up with. I can't see any reason for the guys dong the work to assume all the risk.
Prod

Trad climber
Dodge Sprinter Dreaming
Nov 15, 2009 - 02:22pm PT
Ed,

You are really cracking me up.

Prod.
Mighty Hiker

climber
Vancouver, B.C. Small wall climber.
Nov 15, 2009 - 03:31pm PT
One option may be for all payments/orders to be up front, before manufacturing commences. My preference, anyway. Given that the total involved is something like 100 hammers @ $100 each (manufacturing, shipping), that's about $10,000. (Need to budget for contingencies.) Perhaps half that total could be paid up front to those responsible for the manufacturing, with the balance paid on shipping. There are a few lawyers and accountants here, and it might be possible to park half in a trust account, as long as the conditions for its use are clearly stated.

I still want one.
SteveW

Trad climber
The state of confusion
Nov 15, 2009 - 04:38pm PT
You guys just let me know when you need my
dinero! Thanks for doing such a great job!!!!!
Zander

Trad climber
Berkeley
Nov 15, 2009 - 06:44pm PT
Whatever you all decide, I'm ready to pay.
Zander
Captain...or Skully

Social climber
Mare Infinitum
Nov 15, 2009 - 08:07pm PT
What Zander said.
Waiting on the word.
healyje

Trad climber
Portland, Oregon
Topic Author's Reply - Dec 1, 2009 - 03:32pm PT
At this point I have exhausted all potential third-party financing options for the project and, given the economy and the fact this isn't an investment opportunity, it's completely understandable outcome. This was billed as an "Open Source" project and by definition is a 'you-get-out-of-it-what-you-put-into-it' sort of deal, so if we all want one of these classic hammers we're all going have to pony up and pre-pay for Theron to make them for us (me included).

That will likely mean setting up a paypal account / fund for hammer purchases and folks can start buy into the project. If and when we hit a minimum threshold that supports moving forward we will. If the minimum fund target isn't met we'll cancel the project and we'll all get our money back minus whatever the current nominal paypal handling charges are. I'll be getting together with Theron to figure out what the minimum fund threshold will be to trigger ordering heads from Ajax and starting production, but it will need to be sufficiently high to insure this isn't all on Theron's back. To that end I will likely suggest Theron establish and control the paypal account.

Once that fund is setup and available we'll announce here and encourage everyone who wants a hammer to buy into the project.
FeelioBabar

Trad climber
One drink ahead of my past.
Dec 1, 2009 - 03:36pm PT
Ready to pre-pay...waiting for the word.

Mungeclimber

Trad climber
sorry, just posting out loud.
Dec 1, 2009 - 04:39pm PT
paypal isn't that nominal is it, especially after the charge back, no?

don't matter to me. I still want my 2.

healyje

Trad climber
Portland, Oregon
Topic Author's Reply - Dec 1, 2009 - 04:46pm PT
I'm personally prepared to take the paypal hit given it's hard to imagine another more universal and already-spun-up payment mechanism. Certainly open to suggestions on that front.
Jordan Ramey

Big Wall climber
South Pasadena, CA
Dec 1, 2009 - 04:56pm PT
i'm still down too
froodish

Trad climber
Portland, Oregon
Dec 1, 2009 - 05:08pm PT
Perhaps Kickstarter would be a good tool for this:

http://www.kickstarter.com/

You pledge to a project and only if it reaches its funding goal are you charged.

Unfortunately at the moment, it's invitation only, but it doesn't appear those are too hard to come by:

http://blog.kickstarter.com/post/172227888/where-invites-come-from

Prod

Trad climber
Dodge Sprinter Dreaming
Dec 1, 2009 - 05:42pm PT
Set up pay pal and I'll pay today.

Guy Kenny
AKA Prod.
healyje

Trad climber
Portland, Oregon
Topic Author's Reply - Dec 1, 2009 - 06:52pm PT
Kickstarter looks interesting, we'll take a look at that. Thanks.
ryanb

climber
Seattle, WA
Dec 1, 2009 - 06:54pm PT
It might be worth checking to see if we can get the paypal non profit rates seeing as how this is kind of a fund raiser for the alex lowe foundation.

dangry

Trad climber
the bay-sierra complex
Dec 1, 2009 - 07:12pm PT
Excited to see this project manifest. Just need a price and a place, willing to put up full price.
Messages 41 - 60 of total 148 in this topic << First  |  < Previous  |  Show All  |  Next >  |  Last >>
Return to Forum List
 
Our Guidebooks
spacerCheck 'em out!
SuperTopo Guidebooks

guidebook icon
Try a free sample topo!

 
SuperTopo on the Web

Recent Route Beta