2015 is starting to look likely.I can almost certainly end my mortgage before Christmas, so I'll be doing that. This will cut the cost down by another £2500.
All other bills work out at around £2500 for the year and with £7500 I'd have £20 a day to keep me and the bike running, which I think might
just be enough. So about £10,000 needed.
I'll most likely build a spare set of tubeless wheels as well as a few other things to have 3 bikes that are up to it, ready to use and am aiming to finish work at the end of November so that I have a month to prepare.
Plus I've just started to try and get myself a bit fitter.
After a hunt around this weekend, I have about £7000 in savings etc. Though getting equiped will probably take at least another £1000. I also can't be certain that £10000 will be enough and to be honest, if I can do this without cleaning out my life savings, then I will. Plus if things go well I could well end up going for the 100,000 mile record and I haven't budgeted for that. I'll also need to have money to live on afterwards until I can find another job!
So I'm holding out the begging bowl for cash.
What could happen if I receive sponsorship in the form of food to keep me going and bike parts to keep my bike going, is that the cost reduce and I end up making a profit, which I think ought to go to charity. That's because I'm not doing this to earn money and also because I think that people will be more willing to fund me if it goes to a good cause rather than my back pocket. Especially if I fail. I could keep the Go Fund Me going and use it as a charity fundraiser on the side.
I'm trying to set something up on
Go Fund Me but it's all bit Greek to me. Finance and computers aren't my thing.
I'd very much appreciate anyone who knows about this to have a nosey at this website to see if it's legit and would be good to use. I've never done fund raising before.
Sometime in the near future, it would probably be worth setting up a website, which I'd need someone who knows how to set up a website to do.
The Ultra Marathon Cycling Association, UMCA, who set the rules for RAAM and lots of other races of that nature, are taking some interest and I believe are thinking about a set of rules for an annual mileage record.
The UMCA also have their own live tracking devices which they use in RAAM, failing that, I may be able to get a tracking device from Yellowbrick as used by Hoppo on his record attempts.
There is also an American who is stepping up for this next year. He allready has $30000 sponsorship.