Dave ©
Well-known member
I'm just getting started in this business so take this with a grain of salt. I have lots of experience in the professional services / business consulting arena but not a whole lot in the film making or video services industry.
I recently sold my first project to a gentleman I met through a relative. I knew this man had a business and that he wasn't using video in any way whatsoever. I met him for dinner one night and we talked about the idea of creating a promotional video for his business, something simple that would help raise awareness about his company and the services it offers. At first, he didn't see the value in creating a video. Who would watch them? Through a series of conversations about how videos could be used to help grow his business, he decided to take a chance. We agreed on compensation and signed a contract. I wrote a short, three-to-four minute script, we used one of his employees to communicate the message and recorded the video. We still haven't even published that first video publicly (his priorities shifted slightly -- I still got paid) but I've already shot a second video for him and received inquiries from a couple of other businesses who saw the first video I created (which he -- client -- showed to them).
Here's my point. I live outside of Washington DC. They are all in Philly, about 3 hours from my house. I have yet to sell a single video here in DC (granted, I haven't tried). But I'm willing to go up to Philly if that's the path of least resistence, if that's where the immediate demand is for me, which means I can get established, build a portfolio, and get paid without having to expend lots of energy trying to drum up business.
Expand your market. Connecticut isn't that big. You can't be far from Hartford, Danbury, Bridgeport, Springfield (MA), Providence, or even NY or Boston.
To your friend's advice about devaluing your work, I only have one response. Who cares how much your work is worth if you can't pay your bills? According to your #s, you only need to make $12.50/hour to break even ($500/week). Complete five $100 jobs per week and you can at least pay your bills. Yes, I know that sounds awful but you have to start somewhere. Do that for six months...then start worrying about making more money by either increasing your rates, winning more deals (and being more efficient so you can complete more jobs per week), or winning larger deals (most likely in larger markets).
PS. I hope this is all coming across OK. I'm trying to help and I know others are as well.
I recently sold my first project to a gentleman I met through a relative. I knew this man had a business and that he wasn't using video in any way whatsoever. I met him for dinner one night and we talked about the idea of creating a promotional video for his business, something simple that would help raise awareness about his company and the services it offers. At first, he didn't see the value in creating a video. Who would watch them? Through a series of conversations about how videos could be used to help grow his business, he decided to take a chance. We agreed on compensation and signed a contract. I wrote a short, three-to-four minute script, we used one of his employees to communicate the message and recorded the video. We still haven't even published that first video publicly (his priorities shifted slightly -- I still got paid) but I've already shot a second video for him and received inquiries from a couple of other businesses who saw the first video I created (which he -- client -- showed to them).
Here's my point. I live outside of Washington DC. They are all in Philly, about 3 hours from my house. I have yet to sell a single video here in DC (granted, I haven't tried). But I'm willing to go up to Philly if that's the path of least resistence, if that's where the immediate demand is for me, which means I can get established, build a portfolio, and get paid without having to expend lots of energy trying to drum up business.
Expand your market. Connecticut isn't that big. You can't be far from Hartford, Danbury, Bridgeport, Springfield (MA), Providence, or even NY or Boston.
To your friend's advice about devaluing your work, I only have one response. Who cares how much your work is worth if you can't pay your bills? According to your #s, you only need to make $12.50/hour to break even ($500/week). Complete five $100 jobs per week and you can at least pay your bills. Yes, I know that sounds awful but you have to start somewhere. Do that for six months...then start worrying about making more money by either increasing your rates, winning more deals (and being more efficient so you can complete more jobs per week), or winning larger deals (most likely in larger markets).
PS. I hope this is all coming across OK. I'm trying to help and I know others are as well.