One way I mitigate this “all eggs in one basket” approach to filmmaking (and business) is to always have projects in various stages of development. This allows you to check one rejection off the list and put your focus into the next. And just because one prospective investor rejects one opportunity, there is nothing stopping you from shopping around…
Could you go to “networking events” and try to find folks to help introduce you to the appropriate contact? Yes. But just as easily you could pick up the phone, call your prospective contact’s place of business and try to get him or her on the phone to make your pitch.
In this filmmaking article, Carole Lee Dean provides a solid strategy for generating sticky story ideas your audience will love.
While it’s safe to provide projections – any investor with any business experience will understand that each project carries it’s own risk to reward ratio. Your goal as a filmmaker is to help mitigate these risks as best you can.
I have a fairly large collection of “pitching sessions from hell” stories, but there was one that stands out because I blew it—afterward. This was early in my career, and actually the pitching session itself went great. The executive loved the idea and commissioned a script for a TV movie. How to apply “show, don’t tell” in screenplays…
For Los Angeles based fimmakers looking to take their show to business, I recommend checking out the next Norman Berns workshop. In this full-day, hands-on instruction, you will gain experience on scheduling, budgeting, business plans, ptiching, fundraising and distribution.