The Only Good Fortune LLC | Application Preview
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General Information
Business Registration Number: 88-4077640
Location: Kirkland, WA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
Despite the positive feedback and reviews we have received for our books, it has been a challenge to reach a larger audience and increase sales. That is why we are seeking a $20,000 grant to be used primarily for marketing efforts to promote our books through Amazon ads and other social media platforms. With the grant, we plan to allocate at least half of the funds towards our most successful books to push them higher in Amazon's ranks and increase their visibility to potential customers. This will ultimately lead to higher sales and allow us to spend less on advertisements for these books in the long run. The remaining funds will be used to promote our children's books and journals through their own separate ad campaigns. In addition to promoting our books, the grant will also help us to cover our monthly expenses and allow us to hire freelancers when needed to keep up with our workflow while we focus on marketing efforts. We are confident that these efforts will lead to a significant increase in sales and help us to reach a wider audience, allowing us to continue to create and share our passion for books with the world.
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Business Plan
I have recently completed a landing page for the company that showcases my bestsellers and new releases, and will help drive more traffic to the site. I have also spent a considerable amount of time building a strong social media presence on platforms such as Twitter, Facebook, Instagram, Pinterest, Tumblr, TikTok, and Youtube. In the next 5 years, I plan to continue to run advertising campaigns and expand my inventory to increase visibility and sales. I also plan to incorporate influencer marketing into my strategy, and to expand the types of books I publish. I am currently working on my first children's story book, with the aim of publishing more in the future. Lastly, I plan to get copies of my books in local bookstores to reach even more readers. As the owner and sole operator of Fortunate Prints, I have demonstrated a strong work ethic and a commitment to innovation in the self-publishing industry. I have created and marketed 75 different books within the last 5 months, ranging from journals and logic puzzles to drawing pads and activity books for both kids and adults. I am also in the process of producing my first children's storybook, which aims to help children overcome their fear of the dark. Beyond my dedication to creating quality products, I also prioritize the needs and wants of my customers. This is evident in the creation of Vastly Useful, an online store that primarily operates on Etsy and sells digital art, uniquely designed accessories, and other digital downloads. I understand the struggles of starting a business, and I want to help others by providing self-publishing products that have helped me. As I look to the future, I have a clear plan for growing my business over the next 5 years. This includes building a strong social media presence, running targeted advertisements, increasing my inventory, and exploring influencer marketing. I also plan to expand the types of books I print, with a focus on children's stories that aim to educate and inspire. Ultimately, investing in me and Fortunate Prints means investing in a hardworking, innovative and compassionate entrepreneur. I am a storyteller at heart and I am dedicated to creating products that are not only entertaining, but also of value to the people who use them. I believe this approach will lead to long-term success and growth for the company.
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Self Identified Competition
I don't have specific competitors but that's also the challenge of my business; Amazon has so many books it is hard to stand out, it's hard to be found by your readers. My biggest competitor is myself because I want to do better every single day, and in this business knowing what my competitors are successful at is important but knowing myself and what I have to offer is priceless because that is what makes me unique, and that will be why I stand out. I stand out from my competitors for a variety of reasons. Firstly, my dedication to creating high-quality, entertaining and educational products for both children and adults is evident in the wide range of books and journals I have produced. My focus on journals and logic puzzle books, along with my commitment to developing children's story books that address important life lessons, sets me apart from other self-publishing companies. Additionally, my hardworking and innovative approach to building a successful business is evident in my efforts to establish a strong online presence through social media and the recently created landing page. My dedication to building a brand on platforms such as Twitter, Facebook, Instagram, Pinterest, Tumblr, TikTok, and Youtube showcases my commitment to reaching a wider audience and connecting with potential customers. Furthermore, my willingness to invest in growth strategies such as influencer marketing and running advertisements for your products sets my business apart from competitors who may not have the same level of ambition and drive. Lastly, I have a genuine passion for storytelling and creating value for people and it's a key factor that sets me apart. I am commitment to creating books and journals that help people to grow, learn, and improve their mental and physical wellbeing, and it's a clear indication of I care and have compassion for others, which is a trait not commonly found among many businesses.
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Contact Applicant
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