If you want to find out how to get funding for a movie, you’re in the right place. Having raised over 25 Million to produce my own projects, I have learned that the film funding process is not overly complicated. But it does require that you stay mindful of one very specific rule:
“He or she who has the gold, makes the rules.”
So how do you get the gold? This is the question most filmmakers ask. And when it comes to financing a film, it is the one focus that has started many careers. It’s powerful. And it’s called: “LEVERAGE.”
Accelerate Your Hollywood Career
So now that you know that “leverage” can accelerate your career in Hollywood, you might be wondering what leverage is. And when you’re trying to figure out how to get funding for a movie, there are several examples of leverage that can help you.
One example of leverage is having a “killer script.” You have a screenplay. Either this is a script you wrote, or someone else’s. But it’s a screenplay so good that everyone wants to make it. You leverage that script against the fact that you’ll be producing, directing or acting. If the screenplay is hot, people will want it.
Another form of leverage is having rights to an awesome book. Think about this: If you owned the rights to the Harry Potter series, you’d already been a HUGE producer. Obviously Harry Potter is done. But what is the next Harry Potter? And how can you get those book rights? Sort of similar, another form of leverage can be a life story. For example, if you had the rights to Tonya Harding’s life story, you would already be one of the produces on that film.
How To Get Funding For A Movie
Once you have a killer script or a great life story, you can focus on the next steps in the film funding process. To help, I’ve distilled my years of film funding experience into five steps. Completing these steps will give you help you understand every nuance in your film project:
These steps are all reliant on each other. If one step is out of whack, your entire project falls apart. For example, let’s say your pitch is golden and the prospective investor is excited. He or she wants to read your script. Well, if it turns out that the script is horrible, you won’t be able to negotiate.
Or let’s assume your script is killer. So then you get to the next step, and the budget is off… At this point you’re done! And finally, let’s say everything is great, but then you show the investor your business plan. From there it’s just a mess. Your investor will walk away.
A Prepped Project Is Magical
When you complete these steps, you’ll have a fully prepped project ready for funding. And this is an awesome time… I don’t know how to explain it. I wish I could. Maybe it’s because you have completed the work? But by going the distance, it’s almost as if the universe rewards you. Unexpected people, events and opportunities will magically materialize. You’ll begin to see opportunities everywhere!
In my experience, the more I focus on prepping the project, the faster I get funding. On several occasions, I’ve actually got projects funded within a month! This is super exciting. So when in doubt, revisit your prep. What is the weakest part of your prep? How can you fix this? While you’re here, make sure to check out my film business plan training.