How to Build Relationships to Help Fund your Production Projects
Some people may feel uncomfortable while trying to find financiers for their film, but that feeling comes from the negativity in you. While you may tell yourself, “nobody is going to want to risk their money on funding my film,” there are people out there who are actually looking for projects like films to invest in; you just have to know how to find them.
Besides that, if you think others won’t be interested in investing in your film, then why waste your time producing it? Remember, a lot goes into film production; it will take so much to create it, so make sure it is something you truly believe in first before asking others to believe in it as well.
Asking for funding will become less challenging after a while. The best way to secure financing is by networking to establish strong connections. Word-of-mouth still goes a long way: You tell two friends about it, they tell two friends about it, and so on. This still does work and is a good way to find financing for your film. Plus, these days word-of-mouth works online, too.
If you don’t already have an online profile setup, that’s a good place to start. This tells people all about you and your achievements, which is mainly what investors want to know about. There are platforms like Crunchbase where you can create a free profile for prospective funders to view. Build a strong portfolio and put yourself out there and they may even come to you.
It’s important to share your ideas without giving too much away. Share just enough to give others an idea of what you are working on. Even if you think that person can’t help you, they may know someone who can. This is why you should consider everyone as a potential prospect. Be friendly, invite new friends to coffee where you can actually sit down face-to-face and have a chance to explain your ideas more clearly.
Make them feel helpful and valued by asking them for screenwriter tips, their opinions on changes in the film industry, etc. This is a win-win, as the information they give you can be a boost to your own projects.
That one little cup of coffee can help bring in funds for your entire film.
It’s important to always be yourself when you meet new people, as most individuals can sense those who are putting up a front. If you don’t like who you are, then change into the kind of person you want to be; only you can.
As you meet new people you will build your network. This is where your good organizational skills will pay off; get yourself a good digital planner where you can keep all your contacts, a to-do list, notes that you don’t want to forget, and reminders for important dates and appointments.
Also, be sure to get back in touch with the people you meet. Don’t wait for them to respond to you — they’re busy, too, and may forget to follow up or be expecting you to. By checking in with them, you are showing your commitment and perseverance. And these are key qualities in any filmmaker.