Indie Filmmaking As Your Business

If you’ve been following Filmmaking Stuff for some time, you probably know that this site really pushes non-permission based filmmaking. This concept means that if you’re a filmmaker with ambition and a dream, you should not hesitate…

You should not wait for Hollywood to give you permission – but rather, you should pick up a camera and Make Your Movie Now!

For some of you, this is easier said than done. Part of why this seems challenging and impossible is because many of us start our career with the belief that filmmakers need a gazillion dollars, tons of experience and an address in Hollywood to make a living as a “real” filmmaker.

While this was once true, the new model of movie making allows you to create and sell movies from anywhere in the world.

For many, this filmmaking evolution is exciting. But the classic elements of filmmaking remain. You still need a great story, the passion and persistence to bring your movie to life, and the guts to share your work with the world.

To give you a rough plan of how to get your indie movie business up and running, I’ve provided a few steps. (Where I thought it would help, I also included links to some sponsored filmmaking tools and services.) Ready:

1. Build A Team: Create relationships with at least 5-10 collaborators who complement your skill set. At the very least, you’ll want to find a writer who understands budgets, a physical producer experienced in low budget movie making, a tech guru who understands cameras and modern production gadgets, an editor with Final Cut Pro and an internet guru who can help you promote and sell your movies online.

Bonus points if you can find a lawyer who can provide you with the necessary legal advice, contracts and advice on setting up a business.

2. Create a Manageable Movie Concept: Come together as a team and design a movie that can be explained in one high-concept log-line. It has been my experience that original, genre specific movies with a bit of controversy, geared towards a clearly defined target audience will later help you when it comes time to market and sell your movie.

Above all, your movie idea should be totally fun and captivating. (Otherwise, why make the movie?)

3. Break Down Your Screenplay: Out of this, complete your schedule and your budget. Then analyze your budget. Ask yourself: If we do not garner a traditional distribution deal, how many $4.99 VOD downloads will we need to sell to get a return? At this point you can decide to decrease your budget, or not. But once you decide on your budget and the amount of sales you’ll need to get a return, you can then begin planning your marketing strategy.

If you have money, hire a great Production Manger. If you don’t have money, you’ll have to do your own breakdown. Check out my sponsor, LightSpeed EPS.

4. Go Get The Money: Once you have a concrete filmmaking strategy, you can go after your money. Investors like to see three things in your business plan: Who is running the company? How will you spend the money? And how will you make a profit?

Unlike years past, iTunes, Amazon and (sometimes) Netflix provides you with an accessible distribution pipeline. This will assist you in getting the necessary movie money. If you don’t know how to find prospective investors, see: www.GetMovieMoney.com

After you lock down your money, you can go into pre-production full force. Hire a great 1st AD.

5. Sell Your Movie: Once you get the money, I’m assuming you’ll make the movie. After that, two things have to happen. You have to spread the word about your movie. And you have to figure out how you are going to sell the thing. Once you get your movie out there and selling, focus on fueling your marketing with ads, PR and partnerships with other filmmakers.

After you do this once, the way to become successful is to create more and more movies. Remember, your goal is to create at least 20 movies in your life time, so that you can get at least 20 checks in the mail each month!

If you like this filmmaking stuff, you’ll love this resource: www.FreeFilmmakingBook.com