Do you you have goals? Are you an over achiever? Are you working overtime on your career? One of my biggest challenges is not having enough time for all the things that I want to do. I have a family with 4 kids, running a film production company, I blog, podcast and serve G-d. Now the problem is that I try to optimize my time as best as I can. Really. I shave off every unnecessary item in my life. But more often then not I’m bugged with all the tedious repetitive minute tasks like replying to the same questions that I get in emails and the associated tasks with it. Tell me honestly, how often do you wish you could just press a button and you would be done with the “busy” work that gets thrown at you on a daily basis?
Q: Today’s question comes from Arizona. Michael is asking how do I keep my passion as a filmmaker when I have to learn to be a business man in order to make a good living?
Isn’t there a shortcut? I don’t want to spend my time with business stuff I rather want to hone my craft as a filmmaker.
A: This is a great question that many of us are struggling with, right? The short answer is: Simplify your business so that you can do the things you love.
See, you have to make a living no matter what. The question is if you either go into debt in order to make your films or if you rather have a waitress job and you do your filmmaking as a hobby. But the problem with this is that you have even less time to do the stuff you love? And the chance of staying to be an amateur hobbyist filmmaker is big. The other avenue is to go to film school pay a shit load of tuition and finish with tens if not hundreds of thousands of dollars in debt. And then its not even said you will be able to pay off your debt or work in the field as a filmmaker successfully.
Have you ever asked yourself how to price yourself right?
Do you feel that you should get paid better for the amazing work
Does talking with your clients about budgets and money makes
you feel uncomfortable?
In this video post I address two of the most important concerns
that freelance people in the video and film industry have:
How do I price my services right and not lose constantly $1000 or more?
Man, I can’t wait to jump to the next big thing. And it seems to me that 4K is the next big thing. Not only is it a bigger image it’s also much sharper and contains obviously more details then regular HD. But with the quality comes a price as well. You have to purchase new gear that captures and processes 4K. The gear has to be fast and speedy and this can cost you thousands of $$$. Now, the question is always: When should you jump on in to the next thing? It can be a good idea to be an early adopter and grab some more marketshare if you’re one of the first to offer 4K in your niche. On the other hand when do you know it is too early to make the move? You might lose a lot of money by prematurely investing into the new system just to find out in a few years – when 4K is more established and widely adopted – that what you bought is either not the right thing or so outdated that you have to replace everything once again.
Most film & video pros miss really out on this opportunity. If you do not use this trick you probably loose out on half or your potential projects that come your way. You know, when we are looking to buy something we are looking what other people say about the product or service that we are about to purchase. The same happens when clients are looking forward to work with you, wether you are a DP, producer, editor, make up artist anyone servicing the film and video industry. But most of us don’t use this trick to eliminate buying and hiring hesitation. And I get this because when clients hire production companies or talents it is an investment that no none wants to loose. Especially when hired the first time.