I'm considering fundraising for a film I want to make this year. I have never done a fundraiser for a production so I'm curious what the most successful ways are that you have used? Suggestions? Things to do/things not to do?
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I am trying to do the same; the only "advice" I received was to make a trailer for you project in order to get investors. You run into a problem if you don't have the equity to hire the necessary people to MAKE your trailer!
I'm looking at fundraising sites, but thought there might be more interesting ways to go about it. I will research making a trailer this far in advance, but it most likely won't include the actual talent, sets, etc. I need funding for that. But a video sales pitch could work.
Well kick starter uses algorithms so make a very strong first impression, have your people lined up to back you from the start, this will push your project to be a staff pick also look for the Early birds to back you, offer great items( tiers) for the people that back you first. Beside that it is just having your fan base in place know your audience and give them what they want
Thank you Robert. Aside from posters and t-shirts, what types of incentives do you like to offer?
Honestly I went crazy designing things I thought were cool I designed coins partnered with radio flyer for customized red wagons but all unnecessary and not appreciated, I can try to help you think of things, what exactly is the project. Obviously if your goal is to raise money electronic distribution is the best so PDFs of signed scripts, comics, original artworks? Thank yous in your production on your site or in the credits.... Blah blah blah. Youngmannsbrewery@gmail.com, how was the meet up? Did you enjoy new York?
I love New York! I had a fantastic time. I may be back in November. The meet up went great, met lots of new people and we have all stayed in touch. I like the idea of signed scripts and artwork/production stills. Along with Thank Yous in the film credits. I'd really like to find a fun way to fundraise.
You already found a way to fund raise what you need now are people to go there and give you funds, there are many sites to network on, many venues start assembling your audience so when you do decide to kickstart people have heard of you and are interested iin seeing your production
No I mean a FUN way, not just a kickstarter account. :)
I used to have parties. Have your people there hitting on everyone. Don't lie, tell everyone that the party is for your film. 5 or 6 should have a start.
Thanks Mark. I have considered that. Doing it in conjunction with an online fundraiser so that people can then go home and share the link as well as information about the film on a more personal level.
Try this: If you are raising $1 Million, divide that into $10,000.00 units - and call it a Co-Production Unit. So you have 100 Co-Producers. Your expenses must not go beyond $1 Million, or 100 Co-Production Units. Return of Investment (ROI) and net profit shares must be pro-rata. Everything is transparent. Cover this with a Movie Co-Production & Marketing Contract for just one film so that your Co-Producer can monitor every step of production, expenses and marketing! All members of the production staff and cast who receive $50,000.00 or more must also become co-producers by sharing $10,000.00 or more as an equity investment. All materials and intellectual resources needed for production must come from the co-producers who can offer the best quality and price. I am a Manila-based producer/director/ scriptwriter doing mostly local films, but this kind of raising capital is what I am doing. Of course, there are rejections, but just be persistent. When 10 prospective co-producers reject you, look for another 11. You must have, first, a legitimate company or agency registered with the Securities & Exchange Commission (SEC) and with a business permit from the city where you hold office, and also registered with the Bureau of Internal Revenue (BIR). Our corporation is Mass-Com Guild Strategies, Inc, non-stock and non-profit! I am proud of it. I hope our concept of raising capital is also feasible within your own countries. Our concept is based on the economic principle of our former President Fidel V. Ramos: "people empowerment, democratic and equitable distribution of wealth!" I often think that we in the profession must also think business! For more exchangee of ideas on raising capital, our emails are: firstname.lastname@example.org and email@example.com
Hey Abigail, this is Beth from the Stage 32 team. I just wanted to let you know I moved your post from Producing to Financing / Crowdfunding, as it fits much better there. Let me know if you have any questions, and all the best to you!