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How much do people think a cake costs to make??? - Page 20  

post #286 of 412
Quote:
Originally Posted by Pyro View Post

You're technically not even buying, since it's not a place to sell things. Even thought a lot of the projects look like they are selling items. You can read in the ToS that " By backing a fundraising campaign on Kickstarter, you as the Backer accept that offer and the contract between Backer and Project Creator is formed "  " Project Creators are required to fulfill all rewards of their successful fundraising campaigns or refund any Backer whose reward they do not or cannot fulfill. "

Interesting...so it sounds like there is recourse, which makes KS more like a product order than a stock purchase. Of course the question is how much trouble people are willing to go through to get a refund, and if there is any money left in the company to issue refunds (assuming an LLC, if not they can go after the owner's personal assets).

I wonder how long it will take before a KS lawsuit reaches class-action status.
post #287 of 412
I just finished a new article for my blog on the topic of market value (been working on it for a while), the link is in my signature.
post #288 of 412

Great article Jason!! I loved it. If I can plant a seed, I'd love to see your next article discuss all the people who "aren't really a business" but sell their cakes to others. Is there a way to explain their impact so they can understand that every single person selling cakes (regardless of their pricing) effects the whole market.

post #289 of 412
Quote:
Originally Posted by Stitches View Post

Great article Jason!! I loved it. If I can plant a seed, I'd love to see your next article discuss all the people who "aren't really a business" but sell their cakes to others. Is there a way to explain their impact so they can understand that every single person selling cakes (regardless of their pricing) effects the whole market.

Thanks! Glad you liked the article. The next article will probably cover hobbies from the perspective of how hobby income is taxed, so I should be able to work that in.
post #290 of 412
Quote:
Originally Posted by Norasmom View Post

Donating to kickstarter as an investment is just that...an investment.  Sometimes investments fail....icon_biggrin.gif  

 

True, but because many high funding projects went boom, KS reinstated they are not part of the contract at all. So you can't sue them. They also make it clear that if you get funded, you are obligated to try to achieve the results. This is what everyone who creates a project sees https://ksr-assets.s3.amazonaws.com/creator-responsibility.png .  They also added a new section to projects at the complete bottom that the creator tells you what the " risk and challenges " are.

 

Obviously if you fund a project like buying trees to plant in an area somewhere and 3 weeks of drought kills them all, the project technically failed. Everyone would understand the effort was made and well **** happens, you can't get your money back. But that being said, once people offer rewards, they are obligated to fulfill them or refund regardless of what happens to the project. That's also in the contract. And this, is where the problems happen.

post #291 of 412
Giving money through kickstarter is a freakn' donation, don't kid ourselves. It's organized begging.
post #292 of 412

Loving this thread.  The title should be 'how much do bakers think a cake costs to make.'

"Money can't buy happiness, but it can buy cake and that's almost the same thing!"
www.thecakeboxofjackson.com

"Money can't buy happiness, but it can buy cake and that's almost the same thing!"
www.thecakeboxofjackson.com

post #293 of 412
Quote:
Originally Posted by Okiecowboy View Post


HI
You say your not as good as other people, yet you also say some people love your work and you get orders..

So which is it? Are you not good or do people like your work?

If you put your service out there on the market..it's up to you to add value to it..

I understand your situation..I really do..
I am a Photographer.....when I first started out, I had very low prices..i just opened a studio and was worried about not makinging it...and I was new....so I did a sitting fee of 20.00....compared to the compititions 100.00. Seemed fair because he is really good and has been there forever...
Things went ok..had a few customers but nothing amazing...

Then I decided to run a special and drop price even more...down to 15.00
Had some flyers printed and had someone pick them up and start handing them out...
Then I noticed a mistake made....instead of 15.00 the flyer said 150.00 dollars!! Simple miatake at the print shop...

I booked 5 customers the next 2 days...


YOU are the one that adds value to your work....if you think its cheap...everyone else will as well.

And no matter how long you do it...there will always be those better than you...that doesn't mean yours is worth less..

And to finish my story above..
I had to change my biz name and move my studio....I never could get away from setting up myself as the cheap pics guy..

That's so interesting.  A friend of mine is a photographer, disses the "mall places"  and her sitting fee for 20 mins is $150.  She told me that $150 was too much for a Dr. Seuss Cake to feed 50 people!!!    I was SO angry.  How can one artist not understand another in terms of pricing?  I did politely say okay to her though, and to have her consider me some other time.  I know I cannot afford her photos, so I don't even ask.  I have a budget that says "mall photography place," and that's where I go.  I'm realistic about talent and creativity too.

post #294 of 412
Quote:
Originally Posted by costumeczar View Post

Giving money through kickstarter is a freakn' donation, don't kid ourselves. It's organized begging.

I'm glad you said it, now I don't have to!
Beginners, be sure to parrot advice and get your post count up as fast as you can. After all, it's not what you know, it's what people THINK you know.
Beginners, be sure to parrot advice and get your post count up as fast as you can. After all, it's not what you know, it's what people THINK you know.
post #295 of 412

I can appreciate it for really ingenious/odd ball ideas that wouldn't stand a chance of being funded the traditional route, but a mail order marshmallow business? Uh, no. 

"I can do that, because this is my sandbox and I've got the bullsh*% shovel." ~Dianne Sylvan, Author and Lunatic
Birthday Cakes
(2 photos)
Birthday Cakes
(2 photos)
"I can do that, because this is my sandbox and I've got the bullsh*% shovel." ~Dianne Sylvan, Author and Lunatic
Birthday Cakes
(2 photos)
Birthday Cakes
(2 photos)
post #296 of 412
Quote:
Originally Posted by costumeczar View Post

Giving money through kickstarter is a freakn' donation, don't kid ourselves. It's organized begging.

 

It could be seen that way for some projects, but overall it isn't. Because some people go bankrupt after their project get funded. If it was pure begging and getting money, anyone with a project would walk out a winner.

post #297 of 412
Spent days making fondant hocky pieces, you know school jersey, pucks, sticks, blades etc, 3 D graduation cap as well in school colors. Then baked a cake for 125 people, cake looked awesome, I dropped it off to the party place, co-worker was no where to be found her husband was though, his reply nice cake thanks. LoL. Monday co-worker comes to work pokes her head into my office says, great cake, thanks um we didn't use it we had ice cream cake instead! I thought how strange, and for the record the cost of this cake ZERO dollars because it appears my co-worker thought I had plenty of time on my hands, and I love her son as much as she does. ( I don't know him) so I shouldn't need to be paid. Although we had agreed on a very reasonable price. Never again lesson learned the hard way. icon_wink.gif.
post #298 of 412

Quote:

Originally Posted by Bettyboo64 View Post

Spent days making fondant hocky pieces, you know school jersey, pucks, sticks, blades etc, 3 D graduation cap as well in school colors. Then baked a cake for 125 people, cake looked awesome, I dropped it off to the party place, co-worker was no where to be found her husband was though, his reply nice cake thanks. LoL. Monday co-worker comes to work pokes her head into my office says, great cake, thanks um we didn't use it we had ice cream cake instead! I thought how strange, and for the record the cost of this cake ZERO dollars because it appears my co-worker thought I had plenty of time on my hands, and I love her son as much as she does. ( I don't know him) so I shouldn't need to be paid. Although we had agreed on a very reasonable price. Never again lesson learned the hard way. icon_wink.gif.

I can't even think of any comment for that - you must have wondered if you'd stepped into an alternate universe. 

post #299 of 412
Quote:
Originally Posted by Bettyboo64 View Post

.... I shouldn't need to be paid. Although we had agreed on a very reasonable price. Never again lesson learned the hard way. icon_wink.gif.

 

Give her an invoice, payable immediately. You are not a charity. There are lots of these stories about cakers being abused by co-workers.

There. Their. They're not the same.

 

I hope I die before "your" becomes the official contraction of "you are."

There. Their. They're not the same.

 

I hope I die before "your" becomes the official contraction of "you are."

post #300 of 412
Quote:
Originally Posted by Pyro View Post

It could be seen that way for some projects, but overall it isn't. Because some people go bankrupt after their project get funded. If it was pure begging and getting money, anyone with a project would walk out a winner.

Not every beggar is rich...just because someone goes bankrupt after they beg doesn't mean it isn't begging. The online donation sites like that have to be looked at as a non-tax-exempt donation if you give money to someone, or you could look at it as an investment then end up suing the person when they don't follow through, apparently.
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