Author Topic: crowd funding opinions wanted  (Read 5316 times)

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Offline DLMKA

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crowd funding opinions wanted
« on: August 14, 2014, 12:30:28 am »
We just recently bought our little farmstead and really would like to get going to start getting the land to help make a small return. I have lots of ideas and energy but the moving processes has left us short on cash for a bit. I hate using credit cards unless an emergency and we already have more on one that I am really comfortable with. I already have 4 berkshire pigs, 2 are going to the butcher this fall, one going in our freezer and the other will be sold. I would really like to get an order of broiler chickens out on pasture yet this year to be in the freezer before winter and sell a bunch to (in theory) pay for the ones we keep for ourselves. Trouble is, I need some materials for chicken tractors (2), birds, feed, and processing before I can sell anything.  USDA offers a microloan for small farmers for operating expenses and are paid back after a certain time period that is decided on before papers are signed. Interest rate is 1.875%. Friend of mine is urging me to launch a kickstarter with a goal of raising $3k and use social media to get the money which doesn't have to be directly paid back, you just have to make good on whatever you offer to investors for their contribution.

Maybe I'm just old school and would rather do this with my own money (through a loan from USDA which has to be paid back) instead of asking friends, relatives, and other individuals for money.

What is your take on crowdsourcing for getting started in a business or agriculture venture?

Offline LazyBkpr

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Re: crowd funding opinions wanted
« Reply #1 on: August 14, 2014, 01:28:16 am »
I can't honestly say I have ever heard of that crowd sourcing thing.   We ditched all credit cards some eighteen years ago and have not had one since so I understand that completely.

   Chickens require a coop. an old shed a neighbor wants hauled away etc works very well. I scrounged chicken wire from three different people, the shed was an old hog shelter, and a friend had some dog fence (the 2x4 size square openings)

    Critters, coons, foxes and cats will attempt to dig into the chicken coop/pen So I used the dog fence bent in an L shape along the bottom, buried under a couple inches of dirt around the entire pen and shed. Then put the chicken wire up clipping it to the dog fence. I ran chicken wire across the top as well, no climbers getting in that way. A latch on the door with a wire to the inside to keep from locking myself in and having to chew through chicken wire to get out.
   I have found multiple spots around the pen dug up, and thanked myself for the dog fence buried around the outside.
   Inside you will need nesting boxes and a roost, preferably higher than the chicken boxes.
   Once the chickens are doing well and are used to their new home, we just open the door in the morning, they roam all about eating whatever they can find. In the evening I go collect eggs and the chickens will be in the shed on their roost. I collect eggs and shut the door. No issues except one chicken that got left out and the resident fox got it..  Unfortunately for the resident fox I knew where its Den was.
     You have a FARM now, you HAVE to have chickens running about!  No chicken tractors on a real farm!   ;D
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Offline Perry

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Re: crowd funding opinions wanted
« Reply #2 on: August 14, 2014, 07:14:04 am »
Something we have up here are vegetable farms where you buy a "share" at the beginning of the growing season, and are provided with a crop of vegetables during the year. It seems to work, and in years of poor crop, most folks are understanding.

As far as chicken coops, if you get inventive....................

http://www.kijiji.ca/v-travel-trailer-campler/dartmouth/wanted:-free-older-camper-to-convert-to-chicken-coop/1010191003?enableSearchNavigationFlag=true

nothing a hedge couldn't hide from the road. ;D
"It is not the man who has too little, but the man who craves more, that is poor."      
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Offline apisbees

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Re: crowd funding opinions wanted
« Reply #3 on: August 14, 2014, 08:22:17 am »
A kids play house works well and there are one in the back yards all over town where the kids are grown and they can be had for a good price.
Honey Judge, Beekeeping Display Coordinator, Armstrong Fair and Rodeo.

Offline Bakersdozen

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Re: crowd funding opinions wanted
« Reply #4 on: August 16, 2014, 07:32:35 am »
I have lots of ideas and energy 


I bet your first car wasn't a brand new Cadillac.  You might check Craigslist, Habitat for Humanity Restore, farm auctions, or garage sales for building materials.  Good luck.

Offline brooksbeefarm

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Re: crowd funding opinions wanted
« Reply #5 on: August 16, 2014, 10:22:50 am »
Farming is alot like going to Las Vagas, except in LV"s you know your probably going to lose and on the farm you always have hope, but think next year will be better. 8) I never took a Gov. loan and never stuck my foot over the fence so far as i couldn't jerk it back when it came to money. If i had to take a loan i would take the low interest loans, patience and planing i think is the secrete to farming, who would of thought that the 600 pound feeder calf's  that  a few years ago i sold for 25 to 35 cents a pound would be selling between two to three dollars a pound :o and my honey that i use to give away sells for $4.00 to $5.00 a pound. :o. The problem with my good fortune is now i'm getting to old to enjoy it. :laugh: :laugh: Jack
PS, Sorry DMLKA, this probably isn't the info you wanted to hear. :sad: Jack

Offline Slowmodem

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Re: crowd funding opinions wanted
« Reply #6 on: August 16, 2014, 03:57:56 pm »
who would of thought that the 600 pound feeder calf's  that  a few years ago i sold for 25 to 35 cents a pound would be selling between two to three dollars a pound

Believe it or not, they arrested a couple here last week for cattle rustling (although they didn't call it that).  They stole a calf and sold it at the cattle auction.  That's where the deputies caught them.  They called it theft under $500, but it is really cattle rustling.
Greg Whitehead
Ten Mile, TN
Beekeeping at 26.4 kbs

Gypsi

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Re: crowd funding opinions wanted
« Reply #7 on: September 07, 2014, 10:46:15 am »
I am looking at crowd funding for my plnned move, have consulted with a 20 something involved in sustainability movement and he couldn't give me anyanswers either.  You have to write a good campaign, helps to have a lot of online friends that believe in you and advertise it. In the end for me it may be easier to just go to work and bank the cash for the next step, which is a $25K step.