Sunday, January 20, 2008

Ground Rules

The ground rules for the project:

We'll come to an agreement on what book or books we're going to buy and at what price, and I will buy it.

The donation for each participant will be determined by dividing the cost by the number of participants, but if that number is too high for someone they should donate an amount they feel comfortable losing.

I say losing because when we're done I will resell the book on Ebay. The money after selling fees will be split among all the participants. In most cases, because the nature of flipping on ebay, I expect to end up selling the book for less than we paid. (For myself, I usually consider a 30% loss acceptable; YMMV.) What we're trying to do is amortize that loss among several people so that we can buy pricier books without someone taking a $100 hit, etc.

After the sale, your share of the money can either be refunded to you or rolled into the next project. No one has to sign up for every project, so if you want in on one book but not the next, refunding your money is no problem-- just let me know.

As far as the scanning itself, I think what will happen is I will do a raw scan of the books, and the editing can be distributed among anyone interested. I'll probably make the raws available via DC++ to interested parties.

The only thing I would suggest is that we not distribute the finished scan to anyone outside of this group until the book has been sold and shipped. Why buy the cow when the milk is free, and all that...

Hopefully this will run smoothly and we can get a lot of stuff scanned and distributed!

1 comment:

Angelo said...

I will help you!!!
I really like your idea,
Angelo