My business plan has gone
out to the three potential investors I've had in mind all along. I'd say "now it's just a waiting
game," but somehow that doesn't ring true. It doesn't feel right.
I'm sensing the necessity to move on, to move forward - as if these first
three tries are only the beginning.
I'm sensing this might take awhile. This has always been the point where things come to a
halt. All this momentum, and then
comes the quicksand of trying to obtain
the financing. I've done all I can
- I think - in terms of developing the plan - all I can do now is to keep
trying to get it into the hands of individuals or groups who are willing and
able to finance the project. It's
the information age, and I sought more information regarding where one might
possibly go to get money for an independent film. I learned about people who call themselves "angel
investors." The term is
self-explanatory. Where else are
you going to get money at this point aside from an angel? These are people with an interesting mix of money, faith, philanthropy, and gambling spirit who are able to afford a high-risk
venture - people who will be (fingers crossed) willing to take a chance on my claim that I will deliver. So that has become my present
mission. There are lots of sites
on the internet that represent groups of angel investors as well as individuals. So now it's just a matter of narrowing
it down to the legitimate ones (no big shock, but there are some unscrupulous, "fallen"
angels out there) and then presenting my project.
FansFabulas
a motion picture production company
Friday, April 12, 2013
Friday, March 15, 2013
SHE LOVES ME #9 (buona fortuna)
O.K., so I'm not used to
good fortune when it comes to reaching out to people outside my sphere of
influence, but this time it works!
I get a response from the first Casting Director I contact, who has a
boat-load of indie credits, and has worked with lots of "name"
actors, and she wants to read the script!
She gets back to me with a lot of helpful advice, information, and
suggestions, and I end up re-writing the script (shortening it significantly,)
re-calculating, re-budgeting, re-scheduling, etc. which takes me several weeks,
but I'm happy with the results.
The script is tighter - everything is tighter and seems a lot more
do-able. She recommends I shoot
four weeks in August (of this year!) - and with the shortened schedule, I see
where it's feasible. But I'm still
missing one piece of the plan - I wanted to attach an actor to the project
before I approach my potential investors.
That was the primary reason for my contacting a Casting Director. But this particular one that I have
been happily communicating with requires a signed contract and partial payment
before she can go to work! Another
Catch 22! I need a Casting
Director to get an actor attached in order to obtain financing, but I need the
financing in order to pay the Casting Director! O.K. I have to come up with yet another plan B. I ask the CD if I can attach her name
to the project instead of an actor - which I think will have the same appeal if
not more. I'm hoping that my
potential investors will see the wisdom and logic in the fact that with the
financing in place, I will be able to employ the services of a world-class CD
with access to lots of "name" actors. I will definitely get an actor attached! But I can't move ahead with this plan B
- use the CD's name - without her permission. I send another email and nervously await a response. A few days pass, and I compose a follow-up
email. I sign onto to Yahoo mail,
about to send the follow-up, and there is her response! In the affirmative! So now I'm waiting for my attorney to
finish up a couple of legal documents for the investors, and then I'm going for
it!
Tuesday, February 19, 2013
SHE LOVES ME NOT #8 (casting directors)
Friday, January 18, 2013
SHE LOVES ME #7 (talent scout)
O.K. the new year and the
new push is under way. I met with
my attorney yesterday and he is going to begin calling actors' agents on my
behalf. I thought having my attorney
make the phone calls would indicate a certain seriousness and professionalism
on my part, and then if the actors' reps or the actors themselves want to talk
to me, then of course I'll take it from there. This is a critical step in the process - a letter of intent
from any of the actors on my list will definitely boost the appeal for potential
investors. I recently re-upped my
streaming service on NetFlix in order to watch some of the comps on my business
plan and to check out some of the actors on my list. I watched a couple of great films with Maria Bello, Charlize
Theron, and a few other actors whom I would consider to be top choices for the
leading role of Kim Claypoole. At
times I let my imagination get the best of me - I imagine what it would be like
to actually work with some of the fine actors I have in mind. These are highly rated actors who have
worked with some of the greatest names in the business, and sometimes I wonder
what they'll think of working with me, and working in this area on a very low
budget film. Although it's a bit
intimidating, it's also very exciting, and I know if given the opportunity,
I'll rise to the occasion! Another
interesting development is the fact that I recently downloaded the new Final
Cut Pro X editing software. I am
so impressed with this technology - it's extremely sophisticated, yet very user-friendly. I bought it specifically for use on an
upcoming job that will require multicam editing, so I've been working with it
in preparation. It accepts just about
every recording format out there including RED Raw - which is the format we'll
be using for SHE LOVES ME, so now I'm considering doing at least a rough cut of
the edit myself - if not something closer to a finished cut - but that's all
yet to be determined. So - I've
sort of temporarily handed the reins over to my attorney, and I have high hopes
that he'll be calling me in the very near future with news of a letter of
intent on the way!
Friday, December 21, 2012
SHE LOVES ME NOT #6 (the year of the movie)
So here I am, nearing Christmas, all alone in my house on a Friday night. Well, not totally alone. My son's little doggie, Vannie, is with me. We call her our granddoggie because we don't have any grandkids yet, and so little Vannie is working out nicely as a placeholder. Anyway, me and my little furry buddy are hangin' on this chilly Friday. My wife is in Japan visiting my son, who is studying Asian Studies in school. This will be the first Christmas in 30 years that my wife and I will not spend together. It's only been a couple of days since she left, and I'm already starting to act a little weird - talking to myself and what have you. I don't know what to do with myself. My acting classes are on hold for a week, and I don't have any production work at the moment, which is typical for this time of year, so it feels like I have a lot of free time. I do actually have a big production job coming up in January that I'm
preparing for - I bought a new computer and the new Final Cut Pro X that I'll
use to edit, and I've been going through all the YouTube tutorials in my
attempt to reduce the severity of the learning curve, so that's been occupying some of my time. I'm also trying to be productive in other, more domestic ways as well. I put in a new ceiling light in one of the upstairs bedrooms, and I changed the oil on my wife's car. I even cleaned out all the tiny little dead bugs inside our porch lights. It's the evenings that seem to pass slowly - the time when my wife and I are usually seated on our couches in the family room - first having cocktails and discussing the events of the day, and then shortly thereafter, getting mad at the evening news as we eat dinner. As a feeble attempt to fill that void, I re-activated Netflix the day my wife left for Japan, so I've watched a few movies. Watching new indie films inspires me to push forward with mine. The business plan is finally completed, and it looks impressive. The next big step is getting a name actor to sign on, or at least provide a letter of intent. Apparently this is the magic elixir that will boil and bubble down the throats of all the monsters out there trying to thwart my plans and turn them into harmless toads and pussycats. Without a name, according to the consensus, no one is going to be interested in my film (even though no one heard of Jennifer Lawrence in the Academy Award nominated WINTER'S BONE, and there are no "names" in the highly successful PARANORMAL ACTIVITY franchise, and I can cite countless other films without name talent that were quite successful as well, so once again, the consensus is not necessarily the definitive.) Nevertheless, I do want to use a recognizable actor because I do believe it will greatly improve investor interest and marketability. I have several actors in mind, and after the holidays, my attorney is going to start making phone calls to agents. In addition to the talent quest, I must engage and consume the next two servings on my proverbial plate. The author of the business plan is recommending that I employ the services of a Producer's Rep who can, according to said author, help immensely with procuring distribution outlets both home and abroad, but according to my research, it seems not all Producer's Reps are on the level! Some of them are greedy, self-serving-con-men-sons-a-bitches! Imagine that! Unscrupulous people in the motion picture industry! And with the advent of non-traditional distribution platforms, many indie-minded opinions I've read suggest you don't need someone else to peddle your film! You can avoid the pitfalls of going with a Producer's Rep! You can DIY! Sell dvd's from your own website! Make your own deals with digital download companies! So now I have even more conflicting opinions to sort through before I can make a decision. But the more I read about the arguments for and against Producer's Reps, the more I keep reading about the second item on my plate - completion bonds. A completion bond would of course be attractive to an investor involved with the risky business of indie filmmaking. With a completion bond, the investor is guaranteed the film will be completed - not that it will make money and their investment returned, mind you, but simply that the film will be completed as proposed in the plan. The problem I have with a completion bond (other than the expense) is the fact that if you happen to fall behind in the schedule, or begin to go over budget, the bond company can fire the Producers and Director and take over the film! Now, I've spent countless hours putting this package together! I wrote the script (based on Jean's book) and I broke it down into a detailed shooting schedule with a detailed shot list for every single day, and from that I calculated a detailed budget. Things always go wrong with productions - there's always obstacles to overcome, and I will be prepared to deal with them. I will know what scenes or lines of dialog can be replaced or reworked or eliminated in order to pick up time. I will know where and how to leap-frog from one location to another if we are forced to do so. No matter what detours in schedule or budget may occur, I will be prepared to improvise, adapt, overcome (thank you, Clint) not some completion bond Director. This is my baby, and the only way I would give up my own flesh and blood is over my dead body! Goodness. I didn't mean to get so carried away. Tis the season to be jolly, right? Check back after the holidays, after my wife returns from Japan, and things return to normal. I look forward to the new year - 2013 is the Year of the Movie.
Wednesday, November 7, 2012
SHE LOVES ME #5 (birth of a salesman)
Goodness - it's been quite awhile, and much life has passed since the last entry. I don't even know where to begin to pick up the thread. Well - first of all, the attempt at crowdfunding via Indiegogo did not succeed. Although it was an interesting experiment, we fell way short of our budgetary needs - I mean way short - by the hundreds of thousands. I'm certain I followed the guidelines, I just didn't get the response I was hoping for. Some people - friends, family, business associates - did contribute, and my first inclination was to simply return the money, (even though it was not required,) but as the days passed after the campaign ended, I realized I wasn't quite ready to give up on the whole thing. I had spent many hours, days, weeks breaking down the script and assembling the production package. I still believed I had a viable project - a great, colorful story that would make a great indie film - if I could only get the money. It's always been about the money. Some people, I suppose, are naturally gifted at acquiring vast sums of money from perfect strangers in order to realize their cinematic dreams, but I am not. I am not a natural born salesman like my father was - God Rest His Soul. But I am a damn hard worker, and I know I have the skills to pull this off, so I became determined to find a way to get the money. I had to go back to the traditional film funding concept of approaching investors, so I turned to the information flow - the cyberspacial conduit to the solution to my challenge. Many paths and approaches are offered in cyberspace, but they all seem to converge at a singular point - the key to success in attracting investors is to present them with a solid business plan. During my Indiegogo campaign, I had drawn the attention and support of many friends and associates (and some, as aforementioned, contributed) and one dear old friend mentioned a relation to a man out in Portland, Oregon (coincidentally, the hometown of SHE LOVES ME novel author, Jean Erhardt) who creates business plans for a living. His name is Jeffrey, and he was gracious enough to give me some advice free of charge. I kept Jeffrey's contact info in my mental rolodex, and after the paradigm shift in my game plan occurred, and I came to the aforementioned conclusion about the business plan, I went back to him. As I mentioned, Jeffrey creates business plans for a living, and his services are not inexpensive, and justifiably so. A solid business plan can make or break the project. I couldn't think of a more practical use for the money I received from the Indiegogo campaign. Jeffrey and his assistant have been working on my business plan for several weeks now, and I believe it's close to completion. After it's received, once again it will be up to me to go out and pound the pavement, and although I'm not a natural born salesman, I will at least have a very effective marketing tool that will help build my confidence as I venture out past my comfort zone.
Sunday, May 13, 2012
SHE LOVES ME NOT #4 (shaky start)
Two weeks into the campaign,
and my high hopes have been somewhat diminished. It began inauspiciously when on the day of the launch, and
after I had signed up for Facebook, and had been navigating about for an hour
or so, I was sent a message informing me that my password had been compromised
and my account had been locked. FB
also advised me to change the password if it was being used for any other
accounts, and it was - for several.
It took me hours to resolve.
I then realized that the campaign announcement message I had sent to my
sphere of friends, family, and colleagues via Facebook and Linkedin was not
clear. I've never been comfortable
with the prospect of directly asking people for money for film budgets, so with
my initial message, I was trying to lure people into the SHE LOVES ME website
where I was hoping they would click on the Indiegogo button, go to the campaign
page, learn what "crowdfunding" was all about, and donate, but they
didn't. It was too
complicated. I had to step out of
my comfort zone and be more direct with my solicitation. I sent a second message explaining that
I was trying to raise money for a film through Indiegogo, and I included a
brief explanation of what Indiegogo is all about, and this time I also included
a link to the campaign page. This
seemed to work. I started getting
donations and encouraging messages, and I was thrilled! The campaign was under way! The next step was to send out the press
release. Following the advice of
an experienced crowdfunder I was following on the internet, I chose PRWeb to
distribute the release. The press
release was supposed to be the
marketing tool that was to draw the most attention to the project. So far I haven't received any email or
donations from anyone outside of my personal connections, so I'm not sure the
press release was all that effective.
What I do know is that after two weeks into the campaign, I find myself
way short of the funding goal. Of
course it's still relatively early, and I'm certainly not giving up on it by
any means, but I am considering alternate plans. If I can raise enough money to shoot the first scene of the
script - say $15,000 - $20,000 - I will change the format of the project into a
webisode series, shoot the first episode, and take it from there. I've also been open to the idea of switching
the project over to an investment scenario. After a phone conversation on the subject with an old friend
of the family who happens to be a successful businessman, that notion became
reinforced with his confirmation that an investment scenario would be more
appealing to him, as it would be, he surmised, for other people with larger
amounts of money available for speculation. But then I'm back to the dilemma of asking strangers to
invest money in a high-risk venture.
Not my forte. Thank God I
have an attorney who is willing to perform that task for me, and I intend to
ask him to expand the phone list if things don't work out with the donation
scenario. So although it's been
one heck of a learning curve to deal with, and I'm slightly disappointed with
the donation numbers at this point, I'm still pumped about the campaign
overall, and excited to see how it evolves!
Mike Bizzarri
http://www.shelovesmefilm.com
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