It’s about the money again honey

I’ve had a final review meeting with my designer and the designs need some very minor tweaks and then… We. Are. Done.  Instead of launching in to manufacturing straight away, I am going to go into the branding so I can include the logo on the final manufactured product.

But this has brought up issues again.  Money issues.  Ack!  Remember, we were here before?  I know I am paying for a higher quality of work than with the first designer.  And the level of service will be exceptional, based on the experience my designer has given me with my product designs so far.  So I know that isn’t the issue.  I’m not sure what it is, but I am freaking out about it again.

I said to my husband -

If I’d known how much it was going to cost when I first started out, I don’t know if I would have started this adventure.

Naivety?  Beginners enthusiasm?  Hmmm… maybe.  I think I only looked one step ahead at a time when I started.  I bought a course that would help me build my own website with my own domain name.  So it was only a few hundred dollars there to start with.  Then I bought a course to learn about creative business – Kelly Rae Roberts – Flying Lessons.  Only another couple of hundred dollars there.

Then I felt the blog wasn’t right because I didn’t have a logo.  It just wasn’t sitting right with me.  So I spent quite a few hundred dollars there which freaked me out a bit.  But it was something I felt I really needed more for my own mind than pressure to meet expectations of my readers.  And I didn’t envision any further outlays for a while, so I went ahead with that, even though it was a big step.

Then the design work for my product started.  It was expensive, but I basically saved for it a few hundred dollars at a time, so the number didn’t seem so big.

You know what they say -

A million dollars isn’t a lot of money if you say it quickly.

But $500 here, $900 there – it doesn’t take long to add up.  I freaked out when I got the quote for my product design work.  Because it was the full range, not just one at a time, the figure was big.  Scary big.  And now the branding quote is in the mix too.

 Suddenly, the numbers are getting scary.  Outside my comfort zone.  I feel like I am committing my husband to this financially as well.  It’s all well and good me throwing caution to the wind, but this decision effects other people.  My husband, of course is my own personal cheer squad and is telling me to go for it.  And once the branding and manufacturing is done, that is the major expenses out of the way.  That’s the theory anyway.

I have told my designer I am going to let the quote to sit with me for a bit.  I need to get my head around it and feel more comfortable with it before I move forward.  Even though part of me is screaming to go for it.

Maybe this is a test?

To see if I really want this.  How much I want this.

I am using every trick in my pocket to convince myself to push forward.

If you knew this was going to lead you to your dream life,

you would stop hesitating and say yes.

♥ Coral.

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3 Responses to It’s about the money again honey

  1. Karen J says:

    Hi Coral!
    I’ve seen your comments around, and followed you home yesterday :) (don’t remember which one particularly piqued my interest, though :( ) ~
    What an exciting project you have going on!

    If you’re good at taking information from one context and applying it to something *slightly* different, you may find some inspiration for your “spend money (wisely) to make money” struggles at Mark Silver’s “Heart of Business” site and blog ~
    this post in particular seems tangentially apropos: .
    It’s written from the perspective of “Finding your right price“, but I can see the how the principals might apply to “investing in the necessary foundations for the business”, too. There are doubtless other articles more directly related, too, but I didn’t dig very far. HOB is 10 years old, and their Archives are rich and deep. You could also write directly to ask for direction.
    Another thing you WILL find there, is a supportive community of small and solo-preneurs who are vitally interested in maintaining the heart-quality of their businesses!

    Bright Blessings to you, and as a friend’s sig-line says:
    “Fall down seven times, get up eight!”

  2. Erin says:

    As I begin to take steps toward starting a business, I’m finding out how scary the money piece can be. There’s just no guarantee, and it freaks me out! I think it’s a matter of going at your own pace, of weighing the risks against the benefits, of asking not just “what’s at stake if I do this?” but also “what’s at stake if I DON’T do this?” I wish you peace of mind :-)

    • Coral says:

      Thank you for wishing me piece of mind. If I let things sit for a few days, I become a lot more comfortable with it and then I feel like I can move forward. It’s funny – the money side was barely on the radar when I started. I was more worried about how I would find out everything I needed to learn. But being brave enough to fund it has actually been the biggest challenge so far. It’s all part of the adventure!

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