Latest / Indie Film Podcast / Indie Film Budgeting Tips: From Dream Numbers to DIY Reality
Transcript
- 0:00Welcome to Indie Film Podcast. I'm Vic.
- 0:03And I am Chuck the month of November.
- 0:04We are thankful film makers. This week we are especially
- 0:07thankful to all of the talented cast and crew who helped us
- 0:10finish our projects on time and under budget.
- 0:13Speaking of budgets, we always start with a dream budget for
- 0:16our projects. We end up shooting for the
- 0:18minimum necessary budget. So let's talk a little bit about
- 0:23our budgets, our process this week, and maybe share some ideas
- 0:26on how film makers can save some money.
- 0:28So Victoria, why don't we start out with the least labor and
- 0:32resource intensive shoot you've ever been on and produced?
- 0:36I think that would actually be dive, and it only came about
- 0:40because the script I was trying to write was several locations,
- 0:45about 35 actors, multiple days. So it needed to happen.
- 0:49But the only reason I know that is because I keep track of all
- 0:53of my budgets in a very detailed spreadsheet, which sounds nerdy
- 0:57and horrible, but is actually very helpful for me.
- 1:00So if anybody else wants the spreadsheet, we're just giving
- 1:04away the same template that I use for all of my films.
- 1:07So if you subscribe to our newsletter using the link in the
- 1:09description or go to andyfilmpodcast.com, you can
- 1:12just have that same budget template for free anyway.
- 1:15Hopefully it's handy for you. Hopefully, but in the meantime,
- 1:19Chuck, what was your least resource intensive project?
- 1:22Actually, we challenged ourselves, a group of film
- 1:26makers and myself, my brother and Danny Clammers who's been on
- 1:29the podcast. The three of us wanted to shoot
- 1:32a short film with 0 cast and so we were actually able to make a
- 1:38micro short. It's on YouTube.
- 1:40It's called Three Day Bender #3 Three Day Bender.
- 1:43It's a chit chat web series on Lower Gentry Studios YouTube,
- 1:46YouTube channel. And it ended up being 2 1/2
- 1:48minutes long. We shot it in one location.
- 1:52It's kind of like a stop motion animation story about a woman
- 1:57who is on a three day alcohol binge.
- 2:00And the way we did it was I wrote a song and we used kind of
- 2:04like the stop motion animation within the environment of this
- 2:08apartment and trash the place slowly.
- 2:10And then the music crescendoed based on the sound effects that
- 2:14I recorded of various like bottles opening, wine glasses
- 2:18being poured. And so it, it actually turned
- 2:21out pretty well. And the I guess the goal was to
- 2:25shoot something with 0 cast. We were able to do it.
- 2:28Fortunately, it turned out fairly decently, but it was kind
- 2:30of a lesson in how how few people can we have on a set?
- 2:36Yeah. And the whole series is a like
- 2:4112 challenges that my brother Danny and I put before
- 2:45ourselves. It's a 12 month, 12 films over
- 2:4812 months is what we did with the Chit Chat web series.
- 2:51And that was probably the most extreme example of a challenge
- 2:55that we set forth. That's a difficult one,
- 2:58especially when you didn't want it to be animated, but you knew
- 3:02you didn't want to cast. And unless the birds and
- 3:04wildlife in your area are real exciting, which you never know,
- 3:08squirrels get into some drama, but that's really cool.
- 3:11That's awesome. That's a unique way to to try to
- 3:13cut down on at least cast, but definitely crew for sure too.
- 3:16You didn't need hair and makeup. You didn't need wardrobe.
- 3:19I feel like art department needed to step up a little bit.
- 3:21Well, we were all in charge of art department.
- 3:23That helps. Yeah.
- 3:25And as I was moving like the plates and the bottles and the
- 3:27beer cans around, I was getting the sound effect and then
- 3:30setting them where they needed to go.
- 3:31So yeah, you can check that out online.
- 3:34And that was kind of it was it was important that we did that
- 3:37because the the next large project that we did was the
- 3:41feature film stocked into Table Rock.
- 3:43And us being able to know how we work together in a challenging
- 3:49environment allowed us to more easily complete the feature film
- 3:55basically under time. The budget was minimal on that,
- 3:59almost none when you compare it to the large Hollywood budgets.
- 4:03And people were volunteering, but we didn't want to, we didn't
- 4:06want to waste their time on that just because they were
- 4:09volunteering, you know? And that's something that that I
- 4:12think a lot of people out there should, should consider.
- 4:14Even if you are paying people, you know, just because you can
- 4:17have them on set, like efficiency is important.
- 4:20And the way that you learn that is by working with crew over and
- 4:23over again. Yeah, I will say that's really
- 4:26important. If it's crew that you've worked
- 4:28with before, you know how everybody works, how everybody
- 4:30gets along, who picks up the slack in certain areas, who need
- 4:34somebody to pick up the slack for them in certain areas.
- 4:37When you learn all those insurance and outs of working
- 4:38with a certain group of people, then it becomes a lot faster to
- 4:41work with them over and over and over again because you know
- 4:43exactly how to communicate. You get your own lingo that
- 4:45isn't just some of the weird lingo that you see online of I
- 4:50don't know if anybody else gets these weird videos and their
- 4:52algorithm, but the fun people talking about like, Oh yeah,
- 4:55just give me a double, double on the Dolly, blah, blah, blah,
- 4:57like whatever. And then it's all this weird
- 4:59slang that nobody knows. Well, not in the indie film
- 5:02scene as much here in in Boise, because we don't get a lot of
- 5:06large commercial productions rolling through.
- 5:08Nobody, every team comes up with their own little lingo that they
- 5:11use. You know, you know, you know
- 5:13what certain things mean. If somebody says, hey, can you
- 5:16soften this a little bit, then that probably doesn't mean the
- 5:19focus, it means the light. And OK, maybe that's an obvious
- 5:21example, but I to that effect, you're going to get your own.
- 5:26How does that your lexicon with your crew going and?
- 5:28Workflow. So should we first start about
- 5:32talking about because obviously it's good to work with similar
- 5:35cast and crew as much as possible, even though that does
- 5:39kind of silo groups of film makers off from one another,
- 5:42even if they're a part of the same community.
- 5:45However, that does make things more efficient and make things
- 5:49easier to actually produce when you have fewer wild cards
- 5:53because the wild cards on set, you know, that's a couple
- 5:57occasions they've, they've caused problems at least for on
- 6:01some of the productions that I've been on.
- 6:03And you don't. If you're working with new
- 6:04people it might end up being a lot slower just because you
- 6:08don't know who they are, what the expectations are, which can
- 6:11be prevented in pre production. Yes.
- 6:14And I would, I would say you can offset a lot of that just by
- 6:17being a very effective communicator, by making sure you
- 6:20know exactly what you want. And then that way, whether it's
- 6:23ADP you've worked with, if you're the director, I guess is
- 6:26what I'm assuming, if it's ADP you've worked with in the past
- 6:28and they kind of understand what you're saying.
- 6:31But maybe this is a new DP you've never worked with before.
- 6:34Being able to clearly state what you want, which means having the
- 6:38technical prowess to understand what you want, which means more
- 6:43research on your side. Sorry, but I feel like that can
- 6:47offset a lot of it. I don't know it.
- 6:48It's sad that so many people get so siloed, especially in small
- 6:52filmmaking communities. It makes sense because it's so
- 6:56easy to work with people that you know, that you trust, who
- 7:00get you and get your vision and your work.
- 7:02But I do think there is something to be said for
- 7:04bringing new people onto your sets too, and working with new
- 7:07people and experiencing different perspectives and input
- 7:10and getting a little bit of that diversity, I guess.
- 7:12Nice. Yeah, No, I agree with that tip
- 7:15that I want to give before we start talking about changing
- 7:17your script to fit your actual budget that you have for making
- 7:21a film. I think the the tip before that,
- 7:23which you touched on is that if you are a writer and director
- 7:28and you're anticipating that your idea is going to be turned
- 7:31into a short film and you've never held a camera before and
- 7:35you know nothing about film audio.
- 7:39The first thing that I would recommend you do is purchase a
- 7:43camera or borrow a camera. Spend time with it.
- 7:45Learn how the the shutter speed slash, shutter angle works.
- 7:50Learn the basics of exposure. Mess around with lighting.
- 7:53Understand what different lenses do.
- 7:56Yes, because uneducated or uninformed directors are going
- 8:01to slow down a production more than anything else in my
- 8:05opinion. Probably.
- 8:07Because you need to be able to communicate in an effective way
- 8:11with your cinematographer and with the audio person.
- 8:14It's one of those. Things your cast.
- 8:15Yes and yeah, you. Got to make sure they know what
- 8:18you want to do. If you've never directed
- 8:20directed actors, that's a big red flag too.
- 8:23So it's. Not a red flag, everyone has to
- 8:25start somewhere. I don't think it's a red flag,
- 8:27but it is concerning if you've never at least like dabbled or
- 8:31aided before either. Yes.
- 8:33And you just woke up one day and said today is the day.
- 8:35I'm a director. Yes, there's not.
- 8:37Feel it. I guess there's not very many
- 8:39people that are that way, but I've run into a couple and it's
- 8:42kind of fun to see him struggle so.
- 8:44The the other point you were making though I guess was
- 8:47changing your script to fit your budget.
- 8:49Yes, absolutely. So when we shot the short film
- 8:53that I that I mentioned before with 0 cast, we had to work on
- 8:56the idea first. Yeah, because we want to to film
- 8:59it one location, just the three crew, see what we could do.
- 9:02So the first thing that we started with, I believe it was I
- 9:06wrote a a rhythm like a song and then used the samples that I got
- 9:12on set to replace that. So we kind of knew where the
- 9:14crescendo was going to go as far as visuals and piling up, you
- 9:19know, like bottles and basically having this place look pristine,
- 9:24using stop motion animation to destroy it and then ending with
- 9:29vomiting sounds from behind the door from the quote UN quote
- 9:32lead actor who never even appears on screen, which is.
- 9:34Kind of cool. So you can you can do it.
- 9:37There's probably a million different ways to do that, that
- 9:39same idea or something similar to that.
- 9:41But if you're if you have a have an idea like you had for the
- 9:46short film that you were going to shoot that was 10 minutes and
- 9:48it took place in four locations, it was going to have 35 extras.
- 9:52And this was for a Film Festival slash competition where you
- 9:56weren't allowed to pay people, which I mean, fortunately for
- 9:59you, that would have been really expensive anyway.
- 10:01But also just being able to find that number of locations that
- 10:05would be willing to donate their their space as well as finding
- 10:09all those people. The first thing you did was just
- 10:12threw the idea out the window or saved it for.
- 10:14Later, yeah, I was like, I still have it because it is, it's
- 10:16something I I like and I, I do want to play with that one day.
- 10:20But yeah, that's not a, that's not a quick, I don't need to pay
- 10:24people to do this kind of project.
- 10:26That's a budgeted project. Yeah absolutely.
- 10:28And you instead you ended up shooting a short film where it
- 10:31was 2 lead actors, a bartender, so basically 3 cast and then
- 10:37minimal crew on the back end all in one location over 2 half
- 10:40days. Yep.
- 10:41That was better. Super, super simple to do and if
- 10:45you're if anyone out there is looking to get into filmmaking,
- 10:48maybe you've been doing commercial work and you're used
- 10:50to working with a plethora of crew members.
- 10:54If you're on sets that have at least three P as, that's not an
- 10:57indie set. No, I'm kidding.
- 10:58Yeah, I feel like the number of P as can tell you what tier
- 11:02you're at. That's actually how we should
- 11:04rate the the scale of indie film making is how many P as do you
- 11:08have. How many P as and how many ADS?
- 11:10Yes, because if people have their own individual AD, then
- 11:15yes. Yeah, because we've been on sets
- 11:17where there's 0P as and 0 ADS, yes.
- 11:20So it's obviously it makes the workflow a lot different, but
- 11:25it's manageable as long as you can create an idea and a script
- 11:29that maybe does take place in one location that you have
- 11:32access to, maybe only has one or two cast members.
- 11:36And if if you want to get started and you don't have a
- 11:39whole lot of experience, you can probably find actors that are
- 11:43willing to help you out if they're looking for demo reel
- 11:47material, if they're just starting out and they make very
- 11:51inexpensive wireless lab mics. I know like a couple of
- 11:55companies do, it's not my ideal situation, but you can take 2
- 11:59labs, lab the people up, learn how to hide them, plug it
- 12:02directly into your camera, hit record and you got yourself like
- 12:05a three person, 2 cast and and one crew to shoot something
- 12:09potentially. And as long as you write an
- 12:12interesting script within the limitations that you have, you
- 12:15can produce that for a very low budget.
- 12:17Even if you do decide to pay the cast members or you, you can
- 12:22only find cast members that are willing to work for money.
- 12:25And to be fair, yeah, ideally everybody gets paid for working
- 12:30on projects. You know that's we're not saying
- 12:32that you. Shouldn't pay people.
- 12:35All I'm saying is that I got my experience coming up working
- 12:39with volunteers. Yeah.
- 12:41And I don't think that there's anything necessarily bad with
- 12:43that if you're doing something that's artistic.
- 12:46Yeah. Versus I'm going to make a
- 12:49commercial that I'm going to sell to company XYZ.
- 12:53Well, actually that would be my biggest point for budgets as far
- 12:57as kind of finding that that compromise middle ground of, you
- 13:02know, your dream budget versus what you're actually going to
- 13:05get. And I know I preach this a lot,
- 13:06so it's probably a little underwhelming to our regular
- 13:11listeners, but if you know what the goal is for your film, yeah,
- 13:16then you can get an idea of how much you are going to see come
- 13:19back to it, yes. So if you I guess, what was it
- 13:23profit versus practice? Profit versus practice.
- 13:25So why are you making this film? Are you making this film because
- 13:28you just want to make your art, which is valid and totally fine.
- 13:31That can be a reason. But are you making it because of
- 13:34that? Are you making it because you
- 13:35want to repay your investors who put in their money?
- 13:37Or are you making it because you do want to make money on top of
- 13:41just everything you got put into it?
- 13:43And once you kind of have that figured out, then you can take a
- 13:47look at where is this going to sell?
- 13:48How much money can I realistically get back for it?
- 13:51There are ways that you can sort of start analyzing your own
- 13:55numbers, your own realistic returns on things.
- 13:59And then once you have those numbers, it's a lot easier to
- 14:02come up with your budget. Yeah, right.
- 14:04If you think realistically, I'm going to make about 50K back on
- 14:09this film just from the streaming outlets that I know
- 14:13will likely take it. Yeah, Then you probably don't
- 14:18want a $50,000 budget if your investors expect to be repaid.
- 14:22Yeah, that's a good point. So those are just things to keep
- 14:26in mind. Start with the money you expect
- 14:28to make back from it and then build your budget from there.
- 14:32And keep in mind, a lot of investors right now, depending
- 14:36on the genre obviously, but a lot of investors don't want to
- 14:40see a budget of over 100K for an indie film just because the odds
- 14:44of the return being very substantial at that point are
- 14:47low. There are always outliers.
- 14:49There are always exceptions to the rule.
- 14:51And that could be your film. I don't know, I don't know your
- 14:54film. But try to keep your, try to
- 14:58keep your dream goal at that 100K and instead rework the
- 15:02numbers, adjust your script if necessary to be maybe fewer
- 15:06locations or fewer shoot days because those are two of the big
- 15:09above the line costs that are going to really cut down your
- 15:11budget and and then go from there.
- 15:15And be flexible. So maybe we should talk a little
- 15:17bit about the dream budget versus the minimum budget.
- 15:20Yeah. And how many times have you
- 15:23written out a dream budget and then realize that it's actually
- 15:27going to be your minimum budget, or even less than that because
- 15:29you're going to be paying out of pocket?
- 15:31That's a part of that, yeah. That's that's a lot of, that's a
- 15:34lot of them. Yeah.
- 15:35Not all, but most. Yeah, for sure most.
- 15:38Absolutely, absolutely. But I feel like it's good to
- 15:41have that dream budget just in case you do have some sort of
- 15:44windfall that comes. Through because anything can
- 15:47happen you might have a wealthy relative you don't know about
- 15:50and they could just kick the bucket true and leave all their
- 15:52money to you Yeah, and if. You do find out about them, see
- 15:55what their food allergies are. No, I'm just kidding.
- 15:58Don't kill your childless uncle because you want the cash now,
- 16:04or if you do, let's make a movie about it because that would sell
- 16:08and be super meta. I do feel like there is.
- 16:12Charlie Kaufman will read the the novel about it, the the the
- 16:16nonfiction novel and then make a movie.
- 16:19I will say there are a lot of indie films right now that are
- 16:22that it seems to be trending that they're discussing like
- 16:25indie film makers and sort of down on their luck, people in
- 16:29the entertainment industry and what all weird things they're
- 16:32willing to do to just get by and survive.
- 16:34And I think that is telling about the industry.
- 16:38Yeah, absolutely. I mean, yes, you could
- 16:43potentially get a bunch of money and that would be awesome.
- 16:45To anything is possible. Pay that back to all the the
- 16:48cast and crew that have helped you out in the past, or just pay
- 16:50them what they're worth on the day of the set.
- 16:52But usually when I've been a part of the budgetary process on
- 16:58on a on a film, it's kind of like there's the dream budget
- 17:01where everybody has their commercial day rate.
- 17:04Yeah. And then the minimum budget,
- 17:08which we were able to get volunteers for, for Lower Gentry
- 17:12Studios film stock night at Table Rock, which was which was
- 17:14super nice. But on the next on the next
- 17:17feature, I know that Bradley and Zoe, the the two lead producers
- 17:22on on lower Gentry's next film are working on paying everybody
- 17:26somewhat. But The thing is, is there's a
- 17:29negotiated minimum that we as the crew and a lot of the cast
- 17:35are willing to work for that is for an artistic project versus
- 17:41another, you know, whatever commercial for some company
- 17:45that's rolling through town, some large television production
- 17:48that happens to be doing a reality shoot in the Treasure
- 17:51Valley. People are going to want more
- 17:52money for that then they're going to want for.
- 17:55In most cases, then they're going to charge for somebody
- 17:58that's going to be producing a piece of art where you're going
- 18:01to be proud to have your name and the credits and also have a
- 18:06little bit of control. We were talking about that as
- 18:08well as far as saving money with with your crew.
- 18:12Yeah. Where I'm going to be more
- 18:14inclined to do location sound if I get to do back end sound
- 18:17mixing and sound design and kind of put my own spin on the film.
- 18:21You get to actually feel like you had a creative say in this
- 18:25piece of the puzzle. Yeah, Yeah.
- 18:28Well, and I do know that there are also a lot of DPS like
- 18:32myself included, who if you also ask them to do to do to do the
- 18:37edit, then they'll give you a discounted rate on that edit
- 18:41because they shot it. They already know what footage
- 18:45they're working with and it's going to be a lot less work than
- 18:47just handing them some random footage that somebody they maybe
- 18:50don't trust shot. So that's another option too, is
- 18:55where can you sort of double up and what in your network can you
- 18:59really leverage to get the most out of something to stretch a
- 19:03dollar a little bit farther? Not saying don't pay people, and
- 19:06not saying don't pay people what they're worth, but find out what
- 19:09those limits and expectations are from people because just
- 19:12because you know their commercial day rate doesn't mean
- 19:14you know their creative day rate.
- 19:15Yeah. And it's good to clarify all
- 19:17that information and and hopefully if you have contacts
- 19:20that are willing to invest in your film, presenting the high
- 19:23budget there and then for the cast and crew presenting them
- 19:27the low budget. Because then if you end up with
- 19:31something in between that, everybody's happy.
- 19:33Yeah, it doesn't end up with everybody being sad.
- 19:36Yeah, yeah, Actually, I learned that embarrassingly enough, I
- 19:40sold cars for a year right out of college.
- 19:43And there was this one car salesman that sold so many cars
- 19:48so quickly. And I pulled them aside.
- 19:51I'm like, what is it that you're doing?
- 19:52And he, he said, don't tell the boss this.
- 19:56But if somebody comes in and they say, I want to buy this car
- 20:00for $20,000 and the price tag is, say, 25, and you sell it to
- 20:07them for, you know, the 20,000 that they want, they're going to
- 20:10leave happy, right. And I said, well, yeah,
- 20:12obviously, he said. Well then when you tell the
- 20:14boss. How much they want to buy the
- 20:16car for you. Tell the boss you know 17,000.
- 20:20You tell them 15 to 17 somewhere in there.
- 20:23And then when the boss comes up with the number 20 and the
- 20:26customer sees the number 20, then they're happy.
- 20:28I'm like, oh OK, so this is what it is to be middle management,
- 20:33which ended up being a valuable lesson through.
- 20:36It is a valuable lesson. Of my life, yes, but you know,
- 20:40delivering above and beyond expectations on all ends.
- 20:43There's a there's a way to maneuver that.
- 20:45Yeah, there's, if that makes sense.
- 20:47There's disclosing and withholding information in the
- 20:50right moment. Yeah, that just, you know, gives
- 20:54you a little bit of a leg. Up.
- 20:55That's it, absolutely. As long as it's for everybody's
- 20:57benefit, yes, Yeah. Then you can withhold
- 21:00information that sounds. Horrible.
- 21:02That sounds terrifying. Yeah, it does.
- 21:04Yes it does. But that's that's the lesson I
- 21:06learned. And when you're dealing with
- 21:08people you know, it's, it's better to set the, the at least
- 21:12possible expectation, see if they're on board with that, and
- 21:15then do your best to to present something better and make it
- 21:19better than what you promised. So.
- 21:22Well, on that note, I do something similar with that.
- 21:25So the spreadsheet that I mentioned, I keep track of
- 21:29exactly what the top most budget is based on how much I think the
- 21:35movie is going to make back or based on existing limitations
- 21:38that I've already been told by whoever has hired me to produce
- 21:41their film. And then I take 10% right off
- 21:45the top because that's your contingency.
- 21:46And yes, it should. I know 10% sounds excessive.
- 21:49I don't care. Unexpected costs always happen
- 21:53and they always add up. And what's the worst thing that
- 21:55happens? You're under budget.
- 21:57If you don't spend it like that's, that's a good thing,
- 21:59that's fine. Then you have more money for
- 22:02marketing anyway, which I always support anyway.
- 22:05So then I go through and sort of line everything up based on
- 22:09total number of shooting days that we're expecting, based on
- 22:11the length of the script, the number of locations, etcetera,
- 22:13etcetera. I go through and break all these
- 22:15things down and yes, the formulas are already built into
- 22:17the spreadsheet, so don't worry, you don't have to do that
- 22:21because I'm really bad at math and I don't want to do that
- 22:23myself, so. Everybody should just use the
- 22:26spreadsheet. Just use.
- 22:27The spreadsheet. How good at math you are?
- 22:29You're going to make more errors than Excel or Google Sheets.
- 22:32Yes, yeah, it's a Google Sheet which you can import into Excel,
- 22:35but it is a Google Sheet. So then once I have all that
- 22:38set, then I go through in different tabs, I create other
- 22:43alternates where, OK, but we don't get the cast we want or we
- 22:46don't get the location that we want.
- 22:48And that's going to change the numbers.
- 22:49So that way you can kind of move things around.
- 22:51Oh, nice. And that way I have different
- 22:53ways that this all plays out and can present them to, you know,
- 22:56what the executive director or the executive producer or
- 23:00director and then chat through what their dream scenario is
- 23:03versus what our minimum viable product scenario is.
- 23:07And then I always keep a column of the actual cost.
- 23:11So whatever budget we decide on, I then go through and keep track
- 23:14of exactly how much everything is costing, exactly how much
- 23:17every person signing on for, what craft services ended up
- 23:20costing, which over the last two years, I've noticed that as food
- 23:24prices increase, I have to keep upping that estimated average
- 23:29for everybody. It's no longer $20 per person
- 23:32per day. I'm now putting it closer to 25
- 23:33or 30, depending on what type of catering there is.
- 23:36Yes. And I remember a time when I
- 23:37used to be able to put $15 a day per person for food.
- 23:40And that's not the world we live in anymore, no.
- 23:42So keep in mind that some of those costs go up and now
- 23:45equipment costs are going up, which means that insurance costs
- 23:48are also going to be going up a little bit.
- 23:51But because I have those constant running logs and I can
- 23:54look back on any project from any year and know exactly what I
- 23:57did end up spending, I can not only get a better idea of my own
- 24:01personal downfalls and habits on where I tend to over or under
- 24:04budget, but I can also start to see trends in where some of
- 24:08these costs are going and help me forecast for future projects
- 24:10even better. Nice.
- 24:12So I recommend keeping that extra actual cost column.
- 24:15It's very much so worth it. I dig that.
- 24:17That's very solid advice. You're much more organized in
- 24:20your spreadsheets than I am. I am a big fan of spreadsheets.
- 24:23And also I will say that when it comes to tax time and you want
- 24:28to go back and look at all those costs and it doesn't line up
- 24:31with your receipts now, you know, you're missing some
- 24:33receipts because you spent more money than that and you got to
- 24:36go find that receipt now. Oh yeah.
- 24:37So that can help you too. You want to deduct that.
- 24:40Very. Cool.
- 24:40One other thing I wanted to mention too, as far as like the
- 24:43dream budget versus the minimum budget is maybe consider on the
- 24:48creative end being flexible as well.
- 24:50Yeah. Shot listing and maybe if you
- 24:55don't get enough money, then you're going to have to cut
- 24:58certain scenes that might maybe have them in the script and they
- 25:03exist. If you're able to get access to
- 25:06the equipment and crew and locations to be able to do that.
- 25:09But maybe if it's not 100% necessary, have a backup plan at
- 25:14the script level and the shot level to where you can cut that
- 25:17expensive. I mean, obviously that that
- 25:20hurts. It hurts to.
- 25:21Do that. It's not even killing your
- 25:23darlings. No, I mean too early.
- 25:24That's like taking Plan B. Yeah.
- 25:27Exactly. It's a rough one.
- 25:29It is so, but just keeping that in mind as an option before you
- 25:33go into shooting, I think is or when you're in the fundraising
- 25:35phase. I think that would probably be
- 25:37important as well. I do know that like for Stockton
- 25:41at a Table Rock, we changed the entire script or my brother
- 25:44rewrote the entire script based on the fact that we were not
- 25:46able to find enough children actors.
- 25:50And so that changed substantially and it and it was
- 25:54100% necessary to do that. But if you want to make films,
- 25:59it's compromise, yeah, unfortunately.
- 26:01And you're going to have to compromise on your dream budget.
- 26:04You're going to have to compromise on your creative
- 26:07dreams. Because when you have that many
- 26:09people involved and you're going to run into those unknown
- 26:12unknowns and things are going to have to change on the fly.
- 26:14I think flexibility is probably the most important.
- 26:17Flexibility is going to save your budget more than anything
- 26:21else, for sure. Because yeah, you're right, you
- 26:24can spend one to two days trying to get this exact long perfect
- 26:29tracking shot that you know, you need perfectly choreographed,
- 26:32perfectly lit, etcetera, etcetera that you'll spend days
- 26:34doing. But I mean or you cut 3 days off
- 26:40your production by changing up the shots.
- 26:42By mixing it up. But to have that there, I guess
- 26:45in my brain, I think of it as an added bonus if it's able to be
- 26:50done rather than this is the crux of my story.
- 26:55And if I don't have this, it doesn't make any sense.
- 26:57It's like, well, maybe if you're working with a low budget, if
- 27:00you're working with a skeleton crew, maybe you need to consider
- 27:03the idea that you want to have filmed.
- 27:06Yeah, I think that's solid because.
- 27:08We're not multi. Most of us aren't multi
- 27:10$1,000,000 movie makers. And if you are a multi
- 27:13$1,000,000 movie maker and you're watching this podcast,
- 27:16please send us an e-mail because we'd love to.
- 27:18Help. We would love to hear from you
- 27:19and subscribe to the newsletter while you're at it, you know.
- 27:23Send us, send us, send us a few bucks.
- 27:25Yeah. Or hire us on your next project.
- 27:29Yeah, that'd be good. Whatever.
- 27:30Is there anything else that you'd like to reflect on as far
- 27:33as budgets are concerned? I think it's just don't let
- 27:39don't let the perfect be the enemy of the good.
- 27:41And when you're outlining your budget and you know there are
- 27:47some things that are just going to cost way too much, it's OK to
- 27:49let go of those. To your point on flexibility,
- 27:51but also to your point of you want to get the film made.
- 27:54And just because you don't raise your dream or your gold budget
- 27:58doesn't mean you shouldn't make your movie.
- 28:00You should always make your movie just how exactly that
- 28:02movie is going to look. That'll change depending on your
- 28:04budget. Yeah, and everything to.
- 28:06Me is practice. The more you do it, the better
- 28:09you get at it. And if you can't get the funds
- 28:13that you wanted to have in order to make your dream film, then go
- 28:19out there, take a camera, shoot a short film, get creative.
- 28:23You can do it even if you can, even if it's just you.
- 28:27There are ways. There are ways to get it done.
- 28:30We might try that as a challenge.
- 28:31Here soon just to see how exciting we can make that for
- 28:34our viewers. I I think that's a that's a good
- 28:36one. And we've had it.
- 28:37We've had a couple listeners out there which thank you so much
- 28:39for sharing that. We have had a couple listeners
- 28:41share their solo made films and it is possible.
- 28:45It's possible. And the quality?
- 28:47Was good on these movies where it was just one person, cast,
- 28:52crew, writer, editor, all. Of it the whole thing, so it is
- 28:55possible. Which would definitely cut down
- 28:57in your. Crafty budget?
- 28:58Yes. Yes.
- 29:00That that's probably the best way to save money on a film set
- 29:03is just do it all yourself. Do everything although to.
- 29:06Me, I like the. Interaction because if you know,
- 29:09sitting in post production is always, that's the most draining
- 29:12aspect of a film. It's fun, it's creative, but
- 29:14it's like you get, you know, nobody to interact with, nobody
- 29:16to make jokes to besides yourself.
- 29:18So that's not a story we heard on those solo film makers about
- 29:22the jokes on set and how they got through that.
- 29:25They laughed at their own jokes to.
- 29:26Make it through the day, the social aspect.
- 29:29All right. Anything else to add or shall we
- 29:31succinctly say farewell? At this juncture, I think a
- 29:33succinct farewell sounds. Wonderful.
- 29:35Excellent. Goodbye.
- 29:36Bye.