Are you making money?

PaPa,
I have commented at length about strategic Pro-Bono work (my philosophy about creating business opportunities, do a search if you are interested in more). I have to say that in my expereince, reel & website do not mean a whole lot. The success of my business seems to be more about relationship than technology, CVs, slick websites, reels or even begging for gigs via CL, Mandy...etc. For me, the relationships are not just about repeat customers, its also about referrals from satisfied customers.

A mentor of mine said to me over lunch this week, "Focus is the most important asset of a small business owner". His point was to figure out what I do best / enjoy best and absolutely CRUSH IT. Only then, should I look at ways to expand into other arenas. The funny thing is I know exactly what I do best and what I'm passionate about. Sadly, I was too busy putting irons in the fire and scattering 'speculation seeds' to see that I was in danger of loosing my focus. I too am looking for ways to expand my business and the point of the lunch was to flesh out a bunch of opportunities (I have a list of potential ventures similar to Barry's, but about 10x's longer). The bottom line for me is, if an opportunity comes to me in a different arena, I might just take it. However, I learned a really important truth this week - the men and women of excellence, who are at the top of their game and well know; those people "made it" because of focus.

The main thing is to keep the main thing the main thing. My 6-12 month goal is to simply focus on the main thing and crush it.

Dan and Noel, interesting point about splitting up the charges. I virtually always charge a 'dayrate' which is comparable or slightly above some of the quoted figures. I may need to change my billing habits, but it seems like "Six / Half Dozen". Can someone elaborate on splitting up charges?


Jason
 
Hi Jason:

I always split charges because most of my clients own cameras, the Varicam, EX1, EX3, HVX200 and one has the F900. So often they will hire me but don't want my camera.

I also occasionally do other types if peripheral activities for my clients including still photography, AV support for live events, consulting and some multimedia for Intranets. So I need to have a rate structure for just me, then me with a basic package, then me with anything in the world that is needed. I own a 3 ton grip and lighting package, a full location EFP sound package, two edit bays, jib arm, dolly and a lot of still gear so it makes sense to charge separately for everything.

To me, it only makes sense to charge a flat if you only do one kind of work and own just a little basic package. Typically, ENG people who own a camera and a basic lighting kit work this way, then it makes sense.

When I sub rent gear like extra cameras, P2 cards, etc. I always mark that up about 15-20% just for my time in picking it up and returning it.

Dan
 
Exactly Chris and you hit the nail on the head. People are always looking for the simple solution and why waste time viewing a bunch of reels and resumes when you know someone and liked the work they did for you before? Or when you call your buddy down the road and say "Hey Im looking for someone who does XYZ can you recommend someone? And the reply is "Sure, this guy is good"? Well your not, all it takes is one phone call or email. I do exactly the same when hiring.

Word of mouth gets you gigs through people who know you and have worked with you before.

A reel and resume can help you get gigs from people who have no other connection to you.

Do both.
 
Corporate jobs as DOP w/ Equipment is around 1800 a day. and i pay for an AC. bout 300$.

So all in all 1500 a day.

I should charge the comapny more, but its more like this....

They know a guy who gives them 50% of the quality i can, for 1/3 the price, so to stay competetive and make the value seem more worth while, i cut the rate from 2700$ a day, buti have to cut services a bit too.... Me, Cam, Adapter, 1st AC 2nd AC, is a 3 person crew, and that gives them the maximum quality.... i do a 2man band for 1800 and they are happy. And sometimes on VERY small event press junkets that arent too critical, they use the other guy, but for their own clients they call me. usually once or twice a week... So they make up for the lower price with volume, for very fun, "beauty shots" style shoots. Easy, fun and pays my rent. and its only 1 day every now and again....


I Dont think i have ever applied to a gig. My business is all word of mouth.
 
Answered a Craigslist ad, and my motto is- Anything, anytime, anywhere, as long as it pays. The funny thing is, they were more professional than most folks I have worked with, and they paid much better too. Work is fine, but you can't eat great exposure and stuff for your portfolio.

I would agree. I have gotten some decent work off of Craigslist. Only had one negative experience. Some even paid my full rate which is always awesome.
 
you guys are great with all this info.. I also enjoyed the 'back and forth'.. puredrifting especially!! haha

thanks 4 the info guys..
 
Wow

Wow

I'm glad I don't have to pay a DP $1,800 a day for corporate work or I'd have no profit margin, LOL. I suppose if you bring tons of equipment, though. But otherwise I can get what I need for $300/day no problem. But I supply equipment.
 
The norm seems to be $1K per minute for a corporate web video. What about for a local mom and pop web video?

I have been asked to do one for a small Law Firm in Salt Lake, 4 20-30 second clips (almost no editing involved, just chose the best clips). What should I charge for me, my gear, and additional crew member?
 
I'm glad I don't have to pay a DP $1,800 a day for corporate work or I'd have no profit margin, LOL. I suppose if you bring tons of equipment, though. But otherwise I can get what I need for $300/day no problem. But I supply equipment.


Everyone had the same gear. You are paying for the DP, not necessarily the gear.

If you can get what you need for $300 fine, but don't think that getting a better DP won't give you better footage, because it will.
 
Question...do u guys have half day rates? i mean suppose ur doing an interview and its just like an hour or 2...that is still a "day"?
 
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At least here in LA, I find that there are rarely any true half days. If a full day is 8 hours (although many would say 10 hours is standard in entertainment), then a half day would be under four hours, right? I had a client today who wanted me to do a "half day". Three one hour interviews. Talent arrived at 8:00 AM so since I am shooting interviews by myself, I needed to arrive at 6:30 AM, cart all of my gear to the fourth floor of an office building, Duvetine out all of the windows, put up a Duvetine BG, setup three lights, tweak, setup FlexFills, mic boom, run cables for lav and cardioid, do a sound check, setup computer, drives for P2 dumping. I told the client that there was no way we were finishing in under four hours.

So my "half day" ended up being from 6:30 AM to 3:00 PM. Client decided he wanted to shoot some role plays as well, by the time I tore down the whole setup (and this was what I consider a pretty simple setup), the shoot ended up being 8.5 hours. I had no time for breakfast, worked through lunch and worked my rear off frankly.

Half days are really kind of a myth unless it is an event and you just show up with a camera. But to light it, setup sound, do three interviews, that was more than a full day, not a half day. I can do the one man band but it takes an hour or two to load in, light, tear down each.

Half days are a myth in most cases. And most people in LA charge 75% of day rate, not 50%.

Dan
 
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kool...thanks Dan for the input. I;m just atarting out in the freelance thing (i'm in Jamaica) ..and i wanted to see how similar or different the industries are. My freelancer friend who has been in the game for a long time gave me some advice and part of it was "NO HALF DAY...there's no such thing"...lol. I however have been guilty of it since ...well one time. But i definately see what u guys are saying.
 
Been making my full-time living in Video Production for the past 25 years. Don't do events like weddings, etc. Mostly corporate, commercials, and marketing videos. (outside of that, we do lotsa of movies too). Very similar rates to everyone here and agree with most of what has been said (no discounts, bad clients, etc.). It seems the biggest question PaPa has here is one of marketing. How do you "find" your clients, or have them find you? I took a page from the Real Estate industry ( that's a hint for you! )having also been a broker in my past life. It's all about Target Marketing. In other words, you can't go after EVERYONE, so you have to narrow your marketing to specific target groups. Once you decide who those might be, you can then target your efforts. Like Nathyn, I should write a book here!
 
to answer Pa Pa(dont want to be all up in ur thread and dont help out :))....i just started doing this in february and i've been blessed with not having to look for work as yet. I wa. s helping my cousin do a mock commercial and the creative director of a performing arts company was passing by and saw me with my camera scouting with my cuz. He stopped and asked if i do videography( i hadnt done anything paid yet and learning my dvx, which i just got in december) I told him yes i do videography :D....and he had a job for me. Long story short, he liked what the result and has been using me for different projects ever since, and i;ve done quite alot for them in the short period. They also recommended me to other people and i did jobs for those people. I havent even had time to do my own projects. However i have been able to buy more equipment which i needed. So its word of mouth for me. I do admit to giving them reduced rates, because honestly, the volume of work i have gotten from them and through them, i have to be good to them, and in return they will be good to me. But thats just them. When things slow down (cuz it aint always gonna be raining) i plan to hit the streets...cards in hard and hand it out everywhere. Small businesses will be my main target to do commercials for them. I also am gonna do music vids for selective songs or groups i deem are good enough and are talking sense ( i dont want to propogate the foolishness out there). My card will have some kind of link online to see some stuff i;ve done...and luckily i have stuff to show cuz i;ve done stuff now. I also have my friends doing word of mouth marketing for me who have there eyes and ears open for anything that i can do. Get one and 2 dedicated clients...do excellect work, have a good attitude and approach to your work, be friendly...and it will go a very long way cause they will talk to people for you. everytime i churn out good work for them He says "what a good thing i stopped that day when i saw you" :) Hope this helps a bit.
 
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I wish I would - at least - have anything to charge.

I hardly haven´t got any job that year yet. The chrisis realy bites me now.

Soon I will work for food.

Frank
 
Things are actually starting to pick up for me again. The guy I used to shoot for in Daytona just called me last weekend, asking if I still shoot. Then there is the guy in Miami I used to shoot with. I just got in touch with him, and I might be spending some weekends in Miami... mileage and lodging taken care of.
 
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