If you want to find out how to get funding for your movie, you’re in the right place. Having raised over 25 Million to produce my projects, I have learned that the film funding process is not overly complicated. But it does require that you stay mindful of one particular rule:
“He or she who has the gold makes the rules.”
So how do you get the gold? Finding film funding is one of the most mysterious aspects of the entire film-producing process. And when it comes to attracting people who can fund your film, there is only one thing you need to create. And this one thing has started many careers. It is a powerful force in the universe. And it is called: “LEVERAGE.”
Attract Prospective Film Investors
If you want to attract prospective film investors for your project, leverage can help you. One example is having the rights to a “killer script.” Maybe this is a script that you wrote. Or perhaps someone else wrote it, and you’ve optioned the rights. Either way, the screenplay is so good that everyone wants to make it. Then you leverage the script to negotiate your interest in producing, directing, or acting. If the screenplay is hot, decision-makers will be more inclined to agree to your demands.
Another form of leverage is having rights to a fantastic book. Think about this: If you owned the rights to the Harry Potter series, you’d already been a HUGE producer. Harry Potter is already a blockbuster. But where is the next Harry Potter? And how can you get those book rights? 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 an incredible life story, you can focus on the additional steps you need to take to raise money. Based on my experience raising money, there are five stages to funding a film. And completing these steps will give you help you understand every nuance in your film project:
Completing each of these stages is essential. If even one step is out of whack, your entire project will fall apart. For example, let’s say your pitch is golden and prospective investors are excited. They want to read your script. At this stage, if it turns out that the writing is horrible, you won’t be able to negotiate.
Or let’s assume your script is killer. Your pitch is fine-tuned and working. But your budget makes no business sense whatsoever. Or maybe your business plan sucks. Again, if any of these elements are under-prepped, you may as well pack your bags. Your movie will not get produced.
A Fully Prepped Project Is Magical
You will have a fully prepped project ready for funding when you complete these steps. And this is an incredible time. Maybe it’s because you have taken the time to complete the work? As soon you visualize your film producing career, the universe rewards you. Unexpected people, events, and opportunities seem to materialize magically. I don’t know how to explain it. I wish I could. But don’t be surprised if you start 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 gotten projects funded within a month. And getting funding is super exciting. So if you hit a slump, and you feel stuck. Always find ways to improve the project.
Is there anything weak about your story? Can you identify a better cast? Are there any new tax incentives? All of these things go a long way towards making your project better. And while you’re here, make sure to check out my film business plan training.