How To Diversify Your Video Business Income | Creatives Grab Coffee 42

Welcome to Creatives Grab Coffee, a podcast on the business of video production, hosted by Dario Nouri and Kyrill Lazarov from Lapse Productions.

Our goal is to make the video production industry smaller by creating a sense of community. Whether you are a creative, an entrepreneur, or a professional, there is knowledge for you to learn. Join us as we have industry professionals from around the world come on the show and share their insights on the industry and business. Welcome to Creatives Grab Coffee. Welcome to Video Production.

We welcome Adam Sewell from Digital Spark Studios. Based on the East Coast of the US, their mission is to create work that triggers both emotion and action while building meaningful relationships with our partners.

Timestamps

  • 00:00 – Intros
  • 01:45 – Challenges as duo business owners
  • 5:29 – Dividing responsibilities when co-owning
  • 8:21 – Planning ahead for inconsistent cash flow
  • 10:48 – Opening a production studio
  • 18:31 – Diversifying and managing supplemental business streams
  • 22:56 – Pitching retainer projects
  • 28:32 – Touch base and suggest how you fit into client’s marketing goals
  • 33:27 – Video market in Charlotte, North Carolina
  • 34:40 – Dealing with ego in a competitive market
  • 37:20 – What gets you excited about working in the industry
  • 42:31 – Work towards your ambitions incrementally
  • 44:08 – Learning from your crew
  • 48:00 – Toronto’s diversified market
  • 49:43 – Struggling with Canadian budgets and their markets
  • 52:13 – Next steps for Digital Sparks Studio and story behind their name
  • 54:54 – Soccer talk – Arsenal v. Man.U
  • 56:59 – Outro

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