$200,000 Video Business

Vince Luckey · May 15th, 2006, 07:49 PM

I've been doing a lot of thinking about this. I think I'm still going to go forward with the business, but probably from a different approach. Instead of buying all the equipment I might need up front, a professional office, massive advertising campaign, etc., I'll just buy what I need as I go. That way, if it doesn't work out, I can change my focus because it gets too late.

Dave, unless you're going to post your thoughts here anyway, I will be emailing you because I'd love to hear your thoughts on this.

Thanks!
Vince

Karl Heiner · May 15th, 2006, 09:33 PM

Quote:

Originally Posted by Vince Luckey

I've been doing a lot of thinking about this. I think I'm still going to go forward with the business, but probably from a different approach. Instead of buying all the equipment I might need up front, a professional office, massive advertising campaign, etc., I'll just buy what I need as I go. That way, if it doesn't work out, I can change my focus because it gets too late.

Dave, unless you're going to post your thoughts here anyway, I will be emailing you because I'd love to hear your thoughts on this.

Thanks!
Vince

hello vince,

like i said in one of my other posting, do a business plan first.

i never needed a office, massive advertising campain....your portfolio, word of mouth, may help your more

greetings

Nelson Cole · May 15th, 2006, 11:14 PM

Quote:

Originally Posted by Karl Heiner

after reading this board, and listen to 2-3 people who have a nice formula what, and how to charge, i decided for 2006 i will charge using their formula. got myself a software so i can built good qotes, and been using this since then.

Karl, what is the name of the software, may I ask? Thanks.

Karl Heiner · May 16th, 2006, 12:11 AM

Quote:

Originally Posted by Nelson Cole

Karl, what is the name of the software, may I ask? Thanks.

hello nelson,

called "paid"

hope this is not against any board rules.

Developer Information:

Minutiae Software
2330 Lyric Avenue, Suite 100
Los Angeles, CA 90027-4657
mail@minutiaesoftware.com
www.minutiaesoftware.com

© Copyright 1999-2006

Tim Borek · May 16th, 2006, 10:29 AM

Quote:

Originally Posted by Karl Heiner

hello nelson,

called "paid"

hope this is not against any board rules.

Developer Information:

Minutiae Software
2330 Lyric Avenue, Suite 100
Los Angeles, CA 90027-4657
mail@minutiaesoftware.com
www.minutiaesoftware.com

© Copyright 1999-2006

Doesn't seem to offer anything I'm not already doing in Quicken and MS Office. Good price, though, if it's being marketed as the all-in-one film/video professional's business software.

Luis de la Cerda · May 16th, 2006, 11:32 AM

I have some news for you... You don't need ANY equipment at all. The first mistake everyone makes coming into this business is buying toys first and getting jobs later. Go get some jobs. You can outsource everything. Rent the gear, which incidentally usually comes with experienced folks included :) Try editing at home or lease time from a local post house. You'll need the money to finance the production until you get paid, trust me. Sure, outsourcing dilutes your profits, but until you can come up with a serious volume of work, you are much better off. Most of the large commercial production houses I know have the following equipment... a telephone line. What you do need, is a good photographer, a good director, a good sales team, and a good demo reel. If you can't get any jobs now, without any gear at all, what makes you think you'll be able to get them with?

Darrell Essex · May 17th, 2006, 12:17 PM

if he's bored and has money, lets make a movie.
Darrell
FIRST CINEMA PICTURES
http://imdb.com/title/tt0128743/

Vince Luckey · May 17th, 2006, 08:41 PM

Quote:

Originally Posted by Darrell Essex

if he's bored and has money, lets make a movie.
Darrell
FIRST CINEMA PICTURES
http://imdb.com/title/tt0128743/

Two questions: 1) What do you have in mind, and 2) can we make money?

-Vince

Karl Heiner · May 17th, 2006, 11:53 PM

Quote:

Originally Posted by Vince Luckey

Two questions: 1) What do you have in mind, and 2) can we make money?

-Vince

hello cince,

now you want to be an investore?

sorry, but i can't follow your thoughts anymore.

greetings

Ken Diewert · May 18th, 2006, 01:21 AM

Quote:

Originally Posted by Darrell Essex

if he's bored and has money, lets make a movie.
Darrell
FIRST CINEMA PICTURES
http://imdb.com/title/tt0128743/

There you go Vince, make a movie... 200 grr should do it. A buddy of mine is producing one for 450g and expects to sell it to a distributor for $1m. No theatrical release, straight to DVD. 2 copies in every video store in the US... now your talking... Check out Robert Sanders site at http://www.starwaypictures.com and watch his trailers. They're pretty good.

Darrell Essex · May 18th, 2006, 09:14 AM

Vince, I sent you an email. Let's use that to talk.
Darrell
FIRST CINEMA PICTURES

Bill Zens · May 24th, 2006, 07:10 PM

"A fool and his money..."

Ash Greyson · May 25th, 2006, 11:09 PM

LOL, I was getting ready to post some advice and now see this has turned into an investment thread! NICE! Just know that pretty much every spent on an indie film is lost, I think the chance of recouping is less than 2% or so. Docs can be made for much less and have a niche but devoted audience. I have already done one doc that will gross more than 10X the production budget and have another in the works that could do the same. That is a good way to start off... get some help though, it takes more than just money!

ash =o)

David Mintzer · May 29th, 2006, 08:27 AM

Amazing thread----I love the way it has evolved into a thread with indies looking for financing---its hillarous!

Ken Diewert · May 29th, 2006, 11:31 AM

C'mon you guys... don't rain on their parade (LOL). I for one, think that if all goes well, they could recoup as much as 5% of the original investment.

May 17th, 2006, 12:17 PM	#22
Darrell Essex Regular Crew Join Date: Nov 2004 Location: kelseyville, ca Posts: 123	if he's bored and has money, lets make a movie. Darrell FIRST CINEMA PICTURES http://imdb.com/title/tt0128743/ __________________ darrell

May 18th, 2006, 09:14 AM	#26
Darrell Essex Regular Crew Join Date: Nov 2004 Location: kelseyville, ca Posts: 123	Vince, I sent you an email. Let's use that to talk. Darrell FIRST CINEMA PICTURES __________________ darrell

May 29th, 2006, 08:27 AM	#29
David Mintzer Rextilleon Join Date: Apr 2002 Location: Pleasantville, NY Posts: 520	Amazing thread----I love the way it has evolved into a thread with indies looking for financing---its hillarous! __________________ Red #97

May 29th, 2006, 11:31 AM	#30
Ken Diewert Trustee Join Date: Mar 2006 Location: Vancouver Island, Canada Posts: 1,200	C'mon you guys... don't rain on their parade (LOL). I for one, think that if all goes well, they could recoup as much as 5% of the original investment. __________________ C100, 5DMk2, FCPX

May 15th, 2006, 07:49 PM	#16
Vince Luckey New Boot Join Date: May 2006 Location: Front Royal, VA Posts: 7	I've been doing a lot of thinking about this. I think I'm still going to go forward with the business, but probably from a different approach. Instead of buying all the equipment I might need up front, a professional office, massive advertising campaign, etc., I'll just buy what I need as I go. That way, if it doesn't work out, I can change my focus because it gets too late. Dave, unless you're going to post your thoughts here anyway, I will be emailing you because I'd love to hear your thoughts on this. Thanks! Vince

May 16th, 2006, 11:32 AM	#21
Luis de la Cerda Regular Crew Join Date: Jan 2006 Location: Mexico City Posts: 181	I have some news for you... You don't need ANY equipment at all. The first mistake everyone makes coming into this business is buying toys first and getting jobs later. Go get some jobs. You can outsource everything. Rent the gear, which incidentally usually comes with experienced folks included :) Try editing at home or lease time from a local post house. You'll need the money to finance the production until you get paid, trust me. Sure, outsourcing dilutes your profits, but until you can come up with a serious volume of work, you are much better off. Most of the large commercial production houses I know have the following equipment... a telephone line. What you do need, is a good photographer, a good director, a good sales team, and a good demo reel. If you can't get any jobs now, without any gear at all, what makes you think you'll be able to get them with?

May 24th, 2006, 07:10 PM	#27
Bill Zens Regular Crew Join Date: Mar 2005 Location: Kirkland, WA Posts: 191	"A fool and his money..."

May 25th, 2006, 11:09 PM	#28
Ash Greyson Trustee Join Date: May 2003 Location: Tulsa, OK Posts: 1,689	LOL, I was getting ready to post some advice and now see this has turned into an investment thread! NICE! Just know that pretty much every spent on an indie film is lost, I think the chance of recouping is less than 2% or so. Docs can be made for much less and have a niche but devoted audience. I have already done one doc that will gross more than 10X the production budget and have another in the works that could do the same. That is a good way to start off... get some help though, it takes more than just money! ash =o)