Author ironpony Posted May 2, 2021 Author Share Posted May 2, 2021 Oh okay, so if I were to make a video for youtube that had good feedback, then I should spend the money for the feature then? Link to post Share on other sites
vla1120 Posted May 3, 2021 Share Posted May 3, 2021 18 hours ago, ironpony said: Oh okay, so if I were to make a video for youtube that had good feedback, then I should spend the money for the feature then? Not "A" video for YouTube...if I were you, I would strive for a somewhat successful YouTube CHANNEL with MANY videos.....THEN perhaps you can think about a feature film (but even then, I agree that you need a sound business plan beforehand!) 3 Link to post Share on other sites
Author ironpony Posted May 4, 2021 Author Share Posted May 4, 2021 Oh okay, but well I have some videos so far, but what would a lot of videos do, or what difference does that make? Are you saying I could get funding with more videos? Link to post Share on other sites
elaine567 Posted May 4, 2021 Share Posted May 4, 2021 20 minutes ago, ironpony said: Are you saying I could get funding with more videos? You may get funding if the videos you have or make in the future perhaps, generated more likes... No-one is going to invest in someone who is making videos few people like. Link to post Share on other sites
Author ironpony Posted May 5, 2021 Author Share Posted May 5, 2021 Oh okay. Well I am just afraid I may loose more money if I do it that way, that I will not gain back. For example, if I were to make say 10 videos at say $3000 a video, then that's 30K of mine spent on making videos. So the fear, is what if I do not get funding still, then that's 30K gone that could have went to a feature film budget. So a part of me feels maybe I am better off in some ways using my own money to fund, rather than spend money making videos, hoping it gets me more money, but going on blind faith that it will, when it may not, if that makes sense? Another thing is, I was told by another filmmaker that I worked for who got funding to make a feature that I am better off using my money own money, because the when she got it, the investors wanted to her to work within very strict rules, and there was almost no flexibility, where as if I do not have investors commanding me, you less rules to work under and more flexibility, in case you need it during production. Do you think she has a point? Link to post Share on other sites
Happy Lemming Posted May 5, 2021 Share Posted May 5, 2021 (edited) I stumbled across a Sci-Fi channel on my ROKU device called DUST. They seem to host sci-fi short films for various makers/film producers. Maybe you could submit one of your short films to them and see if it could make some money for you?? You could use that money to fund other projects... Edited May 5, 2021 by a LoveShack.org Moderator removed reference to identifying information Link to post Share on other sites
Author ironpony Posted May 5, 2021 Author Share Posted May 5, 2021 (edited) Oh thanks for the idea! I thought my short film turned out poorly, and wasn't sure if I should show it, but I could and will definitely look into it! Thanks! Edited May 5, 2021 by a LoveShack.org Moderator removed identifying information Link to post Share on other sites
Happy Lemming Posted May 5, 2021 Share Posted May 5, 2021 (edited) Keep in mind, that I am in the US... I don't know if the DUST channel is shown in Canada. I know Canada has ROKU, but I don't know what channels you have access to. If you get a chance and DUST is on a Canadian ROKU device, check out the other short films on there. Edited May 5, 2021 by a LoveShack.org Moderator removed identifying information Link to post Share on other sites
Author ironpony Posted February 22, 2022 Author Share Posted February 22, 2022 I want to use my savings to make a feature film because I want to invest in filmmaking as a career. Now that some covid restrictions are being lifted this year, I thought I would try to make it this year. But my parents really do not want me using my money to make it, as they have made clear in the past. My dad has this idea for me to put my savings into GICs because then the money will be frozen for a year, but I will make more by doing that. But if I freeze the money, I cannot pay anyone. I don't want to let him know that I am using the money to make a movie, but do not want to go along with his GIC plan either, so I can pay everyone. Is there anything I can to talk him out of this, since he keeps asking what I need to spend the money on this year, since clearly I cannot think of any excuses to give him, other than making a movie? Thank you anyone for any input on this! I really appreciate it! Link to post Share on other sites
Wiseman2 Posted February 22, 2022 Share Posted February 22, 2022 8 minutes ago, ironpony said: My dad has this idea for me to put my savings into GICs because then the money will be frozen for a year, but I will make more by doing that. But if I freeze the money, I cannot pay anyone. Exactly. You parents don't want you squandering it. Link to post Share on other sites
basil67 Posted February 22, 2022 Share Posted February 22, 2022 (edited) Do your parents have legal control over your money? If not, it's yours to do with as you wish. However, as you live with them, going against their wishes may have consequences for you. Edited February 22, 2022 by basil67 Link to post Share on other sites
Author ironpony Posted February 22, 2022 Author Share Posted February 22, 2022 They don't have legal control, it's that they know how to manage it a lot better than me so it's hard for me to do so myself, without them noticing. Link to post Share on other sites
basil67 Posted February 22, 2022 Share Posted February 22, 2022 The fact that they manage it better than you is probably a sign that you should take their advice. Link to post Share on other sites
Author ironpony Posted February 22, 2022 Author Share Posted February 22, 2022 9 minutes ago, basil67 said: The fact that they manage it better than you is probably a sign that you should take their advice. Well I could probably maybe find someone who could manage it for the production of the film or if that's better. I'm just trying to get into the career I want as well but also have to make an impression to do so I feel. Link to post Share on other sites
basil67 Posted February 22, 2022 Share Posted February 22, 2022 Unless you've had a recent financial windfall, you don't have the money to pay for a Finance Controller. This underscores why your parents are concerned. Link to post Share on other sites
Author ironpony Posted February 23, 2022 Author Share Posted February 23, 2022 That makes sense. I am just not sure how to beat the paradox. Perhaps I could try to talk my parents into getting more on board with the project then, so they can help me with it, financially, if that's best. Link to post Share on other sites
basil67 Posted February 23, 2022 Share Posted February 23, 2022 (edited) There is no way to beat the paradox. The only way to do this on the budget you have is to run and plan the whole thing yourself - but at present you don't have the skillset to do that. And frankly, it's a very rare person who does have that skillset. Your parents know this and this is why they are unwilling to support you in this endeavour. Edited February 23, 2022 by basil67 Link to post Share on other sites
Author ironpony Posted February 23, 2022 Author Share Posted February 23, 2022 Well I if has to be done, I could wait until the accoutn is unfrozen then if I have to. Link to post Share on other sites
basil67 Posted February 23, 2022 Share Posted February 23, 2022 1 minute ago, ironpony said: Well I if has to be done, I could wait until the accoutn is unfrozen then if I have to. What is this about the account being 'frozen'? Link to post Share on other sites
Author ironpony Posted February 23, 2022 Author Share Posted February 23, 2022 So if you put all the money in a certain account, you cannot take the money out for a certain period of time, because this allows you to make more money as a result, if that makes sense? Link to post Share on other sites
basil67 Posted February 23, 2022 Share Posted February 23, 2022 Ah, sounds something like a Term Deposit. Yes, you can access it when the term ends. But what's the point of accessing the money when you don't have a full plan of how to make the film? Until you have a full plan, you'll continue going in circles. Link to post Share on other sites
Author ironpony Posted February 23, 2022 Author Share Posted February 23, 2022 That's true, I can keep trying to make a plan till I come up with one that can be done for that low of an amount. Link to post Share on other sites
basil67 Posted February 23, 2022 Share Posted February 23, 2022 And when you've got a solid plan and budget, I think your parents will be more open to the idea. And honestly, you shouldn't be starting without that done anyway. Link to post Share on other sites
Wiseman2 Posted February 23, 2022 Share Posted February 23, 2022 11 hours ago, ironpony said: They don't have legal control, Then why use extreme hyperbole and extreme buzzwords such as "Seize Control of My Money!". When in fact, all they're doing is just trying to give you financial tips about saving for the future? Link to post Share on other sites
ASG Posted February 23, 2022 Share Posted February 23, 2022 @ironpony what film do you want to make? Do you have a script? A storyboard? A budget? Have you planned ANY of it or are you just high ont he "I want to make a film" wave? Most people with a career in film making start out by working for others, int he film making industry (or even in the TV industry), and start off making short films, on NO budget. I don't quite understand why you want to spend 40k of your savings on your first endeavour into film making... Unless I'm wrong and this is not your first?? Link to post Share on other sites
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