If you ever wondered how to get money to make your movie, you’re not alone. As filmmakers, many of us would rather focus on our filmmaking – And if we had it our way, we would save the go-get-movie-money for a producer.
Back when I started my filmmaking career, I crossed my fingers a lot, hoping that some producer would magically appear in my life, discover my brilliant material and give me a million dollars to make my movie. Of course the reality is: you get nothing in life until stop allowing other people to give you permission.
In my situation, I did not know producers. I did not have money. And I didn’t know any rich people. But I knew I wanted to make movies. And I knew I needed money.
Then later, as I expanded my network to include other filmmakers, my nagging question was always in the back of my mind. “How do I get the money to make my movie?”
While asking around, most people told me I needed to find a willing doctor or dentist and ask them for money. UGH! That was so frustrating. The reason? Because it’s old thinking. In the past, movies were a good tax shelter for wealthy self employed professions. Not so much anymore. (Of course I learned that the hard way!)
It wasn’t until I moved to New York City and worked with a producer when I finally learned how people REALLY finance their movies. I learned there is a well defined, systematic approach to getting money. And it doesn’t involve self employed dentists and doctors.
If you’re looking for movie money, here are some tips:
- Ask around and see if you have rich people in your network. Then meet them.
- People make money in different ways. As employees, self employed, big business owners and investors. Make sure you know how your prospective investor makes money. Then form your pitch accordingly.
- Despite popular thought, most prospective investors were not born rich. Many are self made. They value hard work. And they will be looking to see what you can do for them.
As you go out and build relationships with prospective movie investors, just remember – Your independent movie is YOUR business. Respect it accordingly.
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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. To learn more CLICK HERE