March 6, 2009
What's the Problem with Having a Sugar Daddy?
Every entrepreneur, whether a business owner, real estate syndicator, or other person who is trying to raise capital and make their project come to life, thinks that having a Sugar Daddy would make their dreams come true. I am defining a "Sugar Daddy" as an investor who just keeps funneling money into your project (i.e. real estate, independent film or any other business venture) because they think you're so terrific.
February 6, 2009
Would You Try to Sell a Blue Car to Someone Who Wants a Yellow Boat?
I was having lunch with a group of filmmakers this week — I make it a habit to meet with several filmmakers a month, partly to see what deals they're working on and partly to provide education and mentorship to these individuals who work hard to make their Hollywood dreams come true.
These weren't "wannabe" filmmakers. These were sophisticated people — people who had advanced degrees. One was a CPA who prepared the private placement memorandum for his production company so that they could produce their latest film. Another was a 20 year veteran of the studios who now wanted to work independently. But what everybody had in common was the extreme frustration that comes with raising capital.
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build businesses capitalFiled under Business Financing, Business Growth, Creating Buyers, Film Financing, Financial News, Raising Capital by Joel Block
January 21, 2009
Why Won't You Just Give Me the Money?
I spent a couple hours this week with a group of filmmakers, all of whom are looking for funds to finance their current projects. Several of them have been looking for capital for quite some time now, and it's beginning to take its toll. They're frustrated. They're weary. And, most of all, several of them are just plain angry.
They make their pitches with great enthusiasm. They have projects. They have talent. They have attachments. And they may even have some credits to their name. But, what they don't have is the capital to move their projects forward.
I commented to the room that if they really want to get capital, that they're speaking the wrong language. In order to get capital from a room full of financial people, they have to address the two primary questions that financial people have. Financial people want to know:
September 2, 2008
Growing Your Business: The Picture Of Perseverance
Perseverance takes many forms, but every once in a while somebody perseveres with such precision that the word needs to be revisited and shared with those who are trying to reach a goal.
Filed under Business Growth, Film Financing, Growth Minute, Guru Marketing by Joel Block
I'm very happy to announce that our upcoming "Show Me The Money" program for film makers will have a contest in which some of you will get the chance to participate. From my inner circle of film and finance professionals, people are very excited about this new addition to the program.
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Filed under Business Financing, Film Financing, Raising Capital by Joel Block
