Events Marketing product update

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Ashton Deroy Writes: The link above links to our Fiverr Service product. Plan your next Pride event  or regular event with the assistance of the crew at the Mayb. We are designers, freelance writers & designers. 

I personally have 3+ years experience doing LGBTQ Pride event Marketing, public relations and writer promotion. Clients of mine have previously received recognition from BBC world News and local recognition on Radio news mediums. 

Most famously I was well known for trying to manage the internal chaos of the Kingston pride event in 2016. I was trying relieve tensions with Kingston pride & the gender-nonconforming community by being out myself as gender non-conforming and showing the support Kingston pride had given to me. 

“My passion is events & causes that make a difference and have huge impacts of the economics of a community.” 

What are we in the process of doing? 

  1. Finding a DJ to help with the production of a 30 minute radio show with 2 5 minute talks segments. Looking for cost per show, pitch on Fiverr. 
  2. Getting an electronic shop up to design & sell T-shirts related to pride
  3. Creating a content outline. 
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Should I use a loan to finance my Shopify Business?

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No… 

Oh I am sorry do you want more? To start most of these businesses are not needs based businesses. Meaning the behavior of your customers are too unpredictable to depend on. Secondly what if the platform changes? Or what if the digital method of converting customers change? The answer is no, it is not “you never know!” Dumbest platitude you hear about businesses that are not needs based operations. Just no do not loan finance your business. 

Here is how a $1,000 loan looks in these common repayment time frames from a bank at an interest of 25% compounded monthly:

I = J/M  .25/12 = 0.02083333333333333333333333333333 

PV= 1,000

N= 12 per year. 12 * 1 , 12 * 2 , 12 * 3 

PV * (I+1) ^ 12

PV * (I+1) ^ 24

PV * (I+1) ^ 36

  • 1 year of the loan principal unpaid, $1,280.68
  • 2 years of the loan principal unpaid, $1,640.14
  • 3 years of the loan principal unpaid, $2,100.50 (Three years to double the principal amount) Is it clear this is a scam?

Do not start a recreational business on a small business loan, capital or anything else.Don’t even put it on a credit card. I am serious! Unless you want to lose your business, go bankrupt or any other wonderful thing. Do not do it!

I wish I could go to the lady who was starting my bank loan application in 2015 for a business I should not of wanted and yelled “NO!” in her face for even suggesting it. Web Marketing businesses are terrible to take a loan out on. I’ve met small business owners in Canada who think their Facebook page is their website. Plus people are kind of going the do it yourself direction. So I was aiming for an outdated profession. 

Do not start with debt or capital. Start with a hobby and grow organically! Financing a creative, or hobby business is actually a lot like financing a bachelors in Art. Just do not do it! Waste of money & time.