The Knight's Edge CMKII

Good luck on your venture Caleb! This is a great industry and it’s cool to see you making a go at it at the age of 16.

I look forward to seeing your skill set grow and also hopefully your business as well. The knives look great!
 
Caleb Fechner said:
Since you obviously don't understand, I will explain it to you. A loan would require me too pay back the money every month with INTEREST, that means I would have to sell a certain amount of stock in order to do that. I'm basically using Kickstarter to take a pre order...
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Don't get snarky, kid. There is a lot of accumulated knowledge here that you are dismissing. And I would hazard to say that most all of us know how loans work, probably better than you. Just so you know, there are a ton of small business loans that would probably fit your situation. Also, my concern would be going into business with someone who is not legally able to enter into business contracts.
 
Forget the dangerous "technique"... $100 for a small Chinese "D2" fixed blade with a skinny handle. No thanks. Good on you for being upfront about where they're made though. Puts you a step above a certain few makers at least.

I hope it all works out for you, but I'm not a buyer.
 
unwisefool said:
Don't get snarky, kid. There is a lot of accumulated knowledge here that you are dismissing. And I would hazard to say that most all of us know how loans work, probably better than you. Just so you know, there are a ton of small business loans that would probably fit your situation. Also, my concern would be going into business with someone who is not legally able to enter into business contracts.
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To play devil's advocate, I agree with his use of kickstarter. Why take on the risk of a loan when you can crowd fund the thing?

If I were to criticize the use of kickstarter for something like this it would be aimed toward the buyers. They're the ones taking on risk. What if he doesn't deliver? What if it's late? What if it's crap? You're hosed and it's your own fault. You could've just bought a similar knife from a retailer and a known brand while saving some money.
 
T.L.E. Sharp said:
To play devil's advocate, I agree with his use of kickstarter. Why take on the risk of a loan when you can crowd fund the thing?

If I were to criticize the use of kickstarter for something like this it would be aimed toward the buyers. They're the ones taking on risk. What if he doesn't deliver? What if it's late? What if it's crap? You're hosed and it's your own fault. You could've just bought a similar knife from a retailer and a known brand while saving some money.
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That's why taking a loan and having product ready would assure a lot of buyers.
 
T.L.E. Sharp said:
That is a fact, but if you can find 100 dummies to volunteer to take on the risk themselves why not?
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On the "plus" side, the risk is small at around $100. Much greater risk for him taking out a loan. But even at 10 grand, he only needs to sell around 100 knives.
 
T.L.E. Sharp said:
Forget the dangerous "technique"... $100 for a small Chinese "D2" fixed blade with a skinny handle. No thanks. Good on you for being upfront about where they're made though. Puts you a step above a certain few makers at least.

I hope it all works out for you, but I'm not a buyer.
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I'd imagine that has to do with the batch size but yes it's a bit on the expensive side depending on who's making the sheath..
 
I saw the kickstarter after reading this thread yesterday. To be frank, I wouldn't want to invest in this idea from someone who reacts as we've seen here, regardless of the provocation he endured which I in no way endorse.

After all, what will happen if the Chinese D2 is badly done or what has been shipped doesn't end up being what the dealer samples were? From what I've seen in the past on BF, the mention of Chinese D2 should be giving off specific danger signals and the attitude I'm seeing here does not bode well for a solution. It's worrying enough when problems like this are found from big name companies who have the funds, pull and experience to keep the factory in line and the supply line clean. Kickstarter means that you can't get your money back, have any assurance of QC/CR or even ensure the project will happen at all.

Son, at your age I was running two businesses outside of school. Can I suggest that the way to impress adults with your potential and acumen is to be humble rather than confrontational? Especially about subjects of which they have significantly more experience.
 
Caleb Fechner said:
Hello all, my name is Caleb Fechner. I'm 16 years old and am in the process of taking my first knife design into production via my own brand Knight's Edge. As such I have created a Kickstarter in order to acquire the funds necessary to complete this task. The blade I'm going to be producing is what I call the CMKII (Companion Multi-Use Knife Mark II)
Some of the base specs: Full Tang, D2 Blade, Micarta Handle, High Hollow Grind etc.
If you're interested there are more details on the Kickstarter which I have linked below! Thanks for checking it out.

Kickstarter: (link removed- please familiarize yourself with the rules)
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Hey man!!!! I saw your knife on Fowler’s video on trick shots he posted!!!! Good job!!! He put your kickstarter on there as well and a link in the description then shot a rubber ball at it in order to pop two balloons. That’s an awesome shoutout. He won “Alone” season 2 I believe. That is an absolutely awesome show by the way if you haven’t watched it I highly recommend you check it out. Just thought I’d let you know. I was really impressed by the shoutout. That’s some great publicity. Keep it up!
 
T.L.E. Sharp said:
Forget the dangerous "technique"... $100 for a small Chinese "D2" fixed blade with a skinny handle. No thanks. Good on you for being upfront about where they're made though. Puts you a step above a certain few makers at least.

I hope it all works out for you, but I'm not a buyer.
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This was my thought exactly. I could buy a fixed Schrade for a quarter of the price. Or a Mora Eldris.
 
Caleb Fechner said:
I do not think it would be wise to take out a business loan. There are all sorts of dangerous consequences that could come from that. Thanks for the suggestion though
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Soooo, you'd rather beg strangers to give you money instead, because you think there are fewer consequences? It's nothing personal, but this statement from you really rubs me the wrong way. As others have pointed out, you do not want any possible consequences, asking the backers to shoulder those possible consequences instead. I can't say I'm on board with that, and most of the fine folks here on BF won't be either. Sorry, man. Good luck with your venture.
 
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Quiet said:
Soooo, you'd rather beg strangers to give you money instead, because you think there are fewer consequences? It's nothing personal, but this statement from you really rubs me the wrong way. As others have pointed out, you do not want any possible consequences, asking the backers to shoulder those possible consequences instead. I can't say I'm on board with that, and most of the fine folks here on BF won't be either. Sorry, man. Good luck with your venture.
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Beg is a strong word. He's not harassing folks on the sidewalk. He's using kickstarter for it's intended purpose. All parties involved enter into their respective agreements voluntarily.

I think the agreement is a stupid one, but it is entered into voluntarily and there's no shady fine print that I'm aware of. Personally, if I'm providing venture capital for someone I expect more than just one of their products(hopefully) down the line. If other people are good with that deal though, good for him.
 
What really really amazes me is: over $3k pledged on the kickstarter... for a 3.5 inch handle d2 Chinese 3.25 inch blade ?!?

I'm just amazed, people can go to a number of Chinese websites today and get a larger fixed d2 blade for about half the price, and get it shipped immediately.
Or they can spend about $40 for a Taiwan made Ontario Rat 2 in d2 (better quality for certain), with a 4 inch handle by the way

I just obviously don't understand some knife buyers/kickstart pledgers
 
T.L.E. Sharp said:
Beg is a strong word. He's not harassing folks on the sidewalk. He's using kickstarter for it's intended purpose. All parties involved enter into their respective agreements voluntarily.

I think the agreement is a stupid one, but it is entered into voluntarily and there's no shady fine print that I'm aware of. Personally, if I'm providing venture capital for someone I expect more than just one of their products(hopefully) down the line. If other people are good with that deal though, good for him.
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Beg is exactly what he did with his first post, in my opinion. Show up, and in his first post asks people to go to his Kickstarter and give him money. It was really not that different than fake "homeless" people standing on the corner on the highway exit ramp asking for money when people come to a stop. In any case, this is kind of a moot point. A mod has asked us to let it lie, so I'm definitely for respecting that. I wish the young man the best.
 
Just to let you know guys: I'm the happy owner of a nice high quality, chinese made knife designed by our young Friend Caleb here :
KeXMNKS.jpg


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I like it very much :)
 
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