My personal main focus in it production business is figure out how I can use my talents as a video producer to help make the most money with the very least amount of effort… all while building a business asset that will someday permit me to stop working and travel the globe while I’m still young enough to actually enjoy it! corporate video production bangalore
My own income has increased by about 750% since I started my video production business last 2000 and the product sales earnings for the company has exploded by over 1200% in the same period of time.
I’m not anywhere near my explanation of wealthy but I am just a heck of a lot closer now than I used to be 9 years before when i started this journey as a business owner. The point Now i am aiming to make in this article is that the level for my riches and the success of my video business was when I decided to stop pursuing wedding online video business also to focus totally of my efforts on selling, producing and providing corporate video presentations.
The fact of the subject is that after you sell a wedding video, you are asking a family group to give you money away with their personal looking at account. When you sell a corporate video, you are asking someone to write you a check out of their business checking account.
The big difference is that businesses typically have thousands, hundreds of thousands, millions or even billions of dollars they can tap into to be able to acquire your services although a family (wedding client) usually has to go into debt to get your services.
Which group of men and women do you think provides the most opportunity for your video business?
Established on my experience, I’ve vote corporate every time. Assuming you agree or at least you happen to be enthusiastic about exploring it further, here is some insight on making the transition from wedding videography to corporate online video production.
Please retain in head that I have nothing at all against wedding videography and i also know that many of you decide to produce wedding videos because you do not enjoy company video production. This article isn’t for you.
My own uncle Grayson, also an entrepreneur, told me at first when i first started out my video production business that I should always sell services that would permit me to make the most money possible with the equipment/software I had developed invested in.
He added that to sell services that were any less than the most your equipment could produce has not been good business and would someday lead to trouble. I need to admit that at the time I failed to really understand what this individual meant. However, after all the teachings I’ve discovered by having my foot in the fire, I understand without a shadow of doubt that he was and is absolutely right!
Your $5, 000 online video camera can be used to develop a $2, 500 wedding video. It can even be used to make a $20, 1000 training video. The same goes for your using system, software, etc. Hoping you are a pretty competent editor, you can probably edit the wedding video in about 40-60 hours which means if you work a normal work week of say 50 hours, you’ll be able to produce about $10, 000 per month in earnings for your business.
And that’s humping it… not leaving you much time to do anything else to build or run your online video production business.
You may plan, shoot and edit the training video in the same one month time frame and due to the nature of the courses online video market segment, you can command anywhere from $4, 000 to $20, 1000 in fees per online video. See where I’m heading?
Producing corporate videos will generate you anywhere from twice to five times the income in a single month than wedding videos will produce and you could do all or almost all of it with the same production equipment and software you have now.
For that reason, you can dispel the parable that you have to have more items to generate corporate videos. This simply isn’t true. You can rent what you don’t own and complete the costs through to the client.
Let’s believe that you are on the same page with what I’ve stated previously, will not it make sense to learn to little by little shift your thinking to figure away the way to get any or a lot of the company video business in your area? Yes it will!