Everyone wants to make films but very few actually try and rarely a film production house becomes successful and this is a case study in itself. Basically fear of failure in filmmaking is the big reason why many either do not start making films or fail to try again after their first attempt buckled.
Now this is really odd as many people are extremely passionate and interested in filmmaking but after making some kind of efforts towards their first film, TV serial, short film or documentary, most of the time they end up complaining that filmmaking is a terrible business since their attempts have some way turned into a fiasco. On this tendency people from different film industries of different countries may have various opinions but in terms of Indian film industry there are multiple reasons why aspiring indie filmmakers or new producers fear filmmaking.
- Filmmaking is bad in terms of business: Many people either have this mindset that filmmaking is a bad business from start or they end up making it when they go through financial losses in their attempts of starting a film production company nonetheless it is not correct. It is important to note that regular producers and established film production houses never go into any kind of monetary losses even if their films fail at the box office. They remain popular and sought after production studios.
- It is impossible for new producers to be successful: With fruitless efforts all inevitably get the feeling that it is only large-sized production houses that make money in filmmaking business and it is impossible for new producers to be successful. But there are several examples such as Bheja Fry, Khosla ka Ghosla, A Wednesday, Tanu Weds Manu and Ship of Theseus that went on to prove that films made by new producers or indie filmmakers can do exceptionally well.
- It is not required to hunt or get support of established banner or production house to make your dream project considering all the above films were made by first time producers and still went on to become extremely successful films both commercially in terms of box office revenues and critical appreciation.
- First attempt went over budget: This is the principal reason why first time producers or independent filmmakers do not even want to endeavor making movies as their first attempt went over-budget. After which either they were unable to arrange money for completing the film or it was incoherently finished so did not get a release. Even if released it went into unmanageable financial losses.
- The hard fact of Indian film industry is that every year 1000 films go under production, most of them are from some kind of new producers or independent filmmakers but only 300films find a release. There is a huge backlog of unreleased films and incomplete movies that are either stuck in production hassles or are poorly done. Interestingly established film production houses whether they make a big-budget or a small budget film they never allow it to go over budget.
- They may have lot of resources but still they do reverse budget which means that in terms of film’s concept they calculate the possible revenues that can be earned. They can keep small budget for a movie and ensure that film does not go over it so when released they are satisfied in terms of earnings and profit margin of the film.
- Uncertainty in terms of profit or loss: As your film projects start going over-budget and difficult to manage money-wise you feel that film business has lot of uncertainty. But then successful Bollywood players and film production houses have not only learned to manage their fears but have succeeded in moments of these uncertainties. They are also able to recover the money spent on their flop films by selling it through variety of mediums.
- Most beginner producers are not clear about how to create a strategy of earning appropriate monetary returns from the film they are attempting to make and consequent financial losses break their spirit and passion for filmmaking.
- Managing the Unprofessional crew: Indie filmmakers tend to wear the producers cap themselves while getting their friends and relatives to make up for the production staff of the film. Most of these helpers are amateurish and unskilled in filmmaking hence they tend to get hassled as and when film production runs into unexpected problems which are common during making of a film.
- For instance a film may need 100 to 300 people for the shoot and managing this crowd of artist and technician needs experience. If you still go with an inexpert production staff your film will go over-budget as the shoot will not finish on the days planned for it or within the time frame due to inconsistency of hit and trial method. As soon as the film gets over-timed you will start struggling in dual difficulties of arranging extra-money and getting dates from a large crew for completing the shoot.
- The Process of filmmaking is multifarious: Novice filmmakers are unsure about how to plan making a film. The major difficulty is in getting a proper team and selecting the right script, cast and crew. Most people just have vague ideas of stories and visuals typically created from the films they have watched. Thus the information or familiarity with what goes behind the camera is extremely inadequate.
- Some enthusiastic film fanatics do start making a film but many times when they are in the middle of the project they realize that they are unable to resolve the unpredictable element of filmmaking. With this kind of experiences they start fearing the entire process of filmmaking itself.
- Not Hiring a proper Consultant to help establish film studio: Most new producers or filmmakers just hire some kind of film industry person such as an inept Director, Writer or Cinematographer, to whom no established production house may be giving work so is sitting idle. After hiring such an incapable person they expect that the film would be made successfully with his or her guidance.
- This approach is responsible for failure of most new film production companies and independent filmmakers. It is a surprise that in all other businesses while starting a new venture, entrepreneurs or businessmen hire a professional consultant. But they do not adopt this approach in terms of filmmaking which includes people who come from business background and this is what creates both confusion and fear.
- The risks involved in filmmaking venture are high so you not only need a professional consultant but a reliable enterprise that can provide guidance in terms of establishing a successful film production company.
To make your dream films and achieve your filmmaking goals both in terms of appreciation and earnings you should have a professional and business approach in managing fears to ensure that you do not get debilitated by it. Otherwise you would spend your entire life talking about filmmaking and growing old wondering how Bollywood production companies manage one after the other films and TV serials while you are not able to complete even one. Joinfilms offers professional consulting services to new producers through their film production service. With this service Joinfilms promises to complete your film project within you budget and timeframe with concrete strategy for achieving results. You can take the benefit of this service to manage your fears of filmmaking.