One of the things I’ve learned as a producer of low budget features is the degree of patience it all takes. A patience that allows one to keep his or her sanity as a project creeps along at a snail’s pace even though you keep pushing as hard as you can on a daily basis to make it breathe and take on a life of its own.
Of course this is not a new concept. Every producer knows that tenacity and perseverance are primary ingredients if a good film is ever going to materialize. But let’s take a closer look at the kind of patience needed to work in this industry and then how it should be applied.
I used to be struck by the sheer amount of time Read the rest of this entry »
Raising the money was a difficult and arduous job and took us over a year. With the help of our lawyers, this step began with creating a lengthy document called a Confidential Private Placement Memorandum, generally referred to as the PPM. This was the legal vehicle by which people could actually write their checks and become investors. Everything had to conform to strict securities laws as we were selling private equity shares in a new company.
Understandably the controls on these kinds of ventures (including what one can and cannot do when pitching to potential backers) have to be tight, although I must admit the hoops we had to jump Read the rest of this entry »
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