Growing Your Video Production Business
I was recently invited to the Creatives Grab Coffee podcast hosted by Dario Nouri and Kyrill Lazarov from Lapse Productions. It was a great time discussing various video production-related topics with like-minded individuals. If you are interested in growing your video production business, check out the link below.
Timestamps
00:00 – Intro
03:42 – Working In your business vs on your business
5:07 – Cost of hiring full time employees
5:39 – BE TRANSPARENT. Be careful with companies that say they have large teams.
6:50 – Hire people with purpose
8:16 – Advantages of Slow Growth
9:26 – Be Careful when hiring based on the job
10:30 – The Video Production Industry in Winnipeg
13:58 – The Video Production Industry in Toronto
15:40 – A Youtube Channel as a Business
19:47 – 2022 Business Challenges
20:53 – Why the retainer model does not work for video companies
24:00 – Offering other services can make your clients love you more
26:33 – Sometimes you need to do photo and video at the same time
26:58 – The Retainer Model is works better for B2C VS B2B
28:14 – When you grow your business, you outgrow clients
31:24 – Small Successes can lead to big success down the road
34:18 – One off clients may not see video as a high value item but be open to them
37:09 – Know where to find your leads. B2B uses google & LinkedIn
38:33 – Learn to engage on LinkedIn
41:44 – Other Business Challenges
44:16 – Know when to say no
48:01 – Outro