Successful entrepreneurial filmmakers make it a personal mission to find become friends with investors for their films. Yes, we all know film is a speculative investment, and a bad one at that. Yes, we’ve all heard that a dentist is probably the most likely source of potential investment dollars. And finally, we all know that you need to sell potential investors on the glamor of filmmaking before they will buy into your project.
On top of these factors, if you haven’t noticed, the financial markets are in turmoil. But the good news is, during this financial downturn, you can still spend this time networking. This country is full of wealthy and successful people (other than dentists) who are very kind and generous when it comes to giving advice to young entrepreneurs.
How To Become Friends With Investors So You Can Fund Your Film
Your job over the next couple months is to get at least one initial meeting with the wealthy guy in town… Every small town in America seems to have at least one wealthy individual. Go meet him or her.
How? Call them up on the telephone and ask for a meeting. Let the person know you are a entrepreneur seeking advice. (Because, lets face it, a filmmaker working to make a movie is an entrepreneur.) Then when you get the meeting, go prepared with about 10 really good questions about how to become successful (not focused on filmmaking, but just success). Take a note pad. And then make a friend. Dress nice. Give a firm handshake.
After you ask the question, LISTEN! Don’t ask for money. Your primary order of business in this initial conversation is to make a friend.
If you focus on a friend first, then someday your friend may be willing to help you reach your filmmaking goals.
Hope this gets you thinking.
If you are wondering how to get money for your movie – Almost every resource will tell you that you need a business plan. Very few resources will tell you how to actually go out, find prospective investors, qualify them, contact them, get a meeting and build a relationship.
Since getting money for movies was such a frustrating experience for me, I spent the last few months creating: The Independent Producer’s Guide To Financing Your Movie. In it, YOU will gain valuable insider experience so you can avoid my past mistakes, find investors and make your movie. CLICK HERE to learn more.