Sunday, August 24, 2008
Current TV
Current TV is an interesting site which will pay you to produce specs for commercial companies. You could make up to $25,000 if it is commercially viable. I will have to discuss it with my people later.
Welcome Dark Lion
I am getting back to my entrepreneurial roots and starting a production company its name -
Dark Lion Entertainment.
I plan on eventually becoming the anti-christ to Rupert Murdock. Having access to enough minds to bend them towards the side of PROGRESS rather than mediocrity.
So here starts the adventure.
To begin with I think it's important to start small... You can't eat an elephant in one bite, you need to cut him into smaller pieces.
At first Dark Lion is going to have to commit to doing commercials and industrials on a local level. Perhaps web commercials could be in the mix as well. This is going to require a lot of cold calling and producing a reel and specs to gain consumer confidence.
There doesn't seem to be very high quality local commercials around these days, bringing Dark Lion's professionalism in the mix with the advent of new digital technologies which drastically reduce the cost of productions, I believe we can produce high quality material at an affordable cost to local businesses. The market is ready for the new generation of production.
We - as Dark Lion - must identify the weaknesses of existing production companies. On a local level, it is obvious that the quality of the productions are low and severely undermine the confidence one might have in the product... I am curious about the big boys... the establishes commercial companies I have long worked for. I need to find out what is their fallacy. What makes them successful and what are their weaknesses, and can they be exploited.
I was thinking that using viral video techniques would be a good marketing tool to get into the next stage... but that is a distant thought... I must concentrate on more immediate matters.
The first step before anything else - write a business plan. A business plan is like the constitution of a government. It will be the roadmap to the birth and operation of the business. Just like the constitution, it is designed to be malleable as time goes on. It needs to be changed to reflect the changing needs of the business. Not only that, but a good business plan will make us viable candidates for financiers.
I must figure out a company structure... It is a tight rope act, careful not to insult anyone but careful to keep all my ducks in a row.
I'm thinking an L.L.C. might be the best way to go for the ownership structure, although it might impede our ability to receive loans. On the other hand it protects us from costly lawsuits.
more on that here
I will have to get a EIN or employer identification number after completing the business registration with the state. Apparently I will also have to look into the Trade-name registration process. The IRS website has an online application process to obtain an EIN.
I' m going to have to look into employer registration processes. Perhaps get a program like Quicken to help manage accounting sides of the business.
The final step is a marketing plan. Figure out how to reach people who would want to use Dark Lion for their production needs.
ok so that training primer from the SBA was useful. I shall view more of them... and get started on writing Dark Lion business plan.
I also have to start with Babylon-set at the same time. Oh so much work!
- J
Dark Lion Entertainment.
I plan on eventually becoming the anti-christ to Rupert Murdock. Having access to enough minds to bend them towards the side of PROGRESS rather than mediocrity.
So here starts the adventure.
To begin with I think it's important to start small... You can't eat an elephant in one bite, you need to cut him into smaller pieces.
At first Dark Lion is going to have to commit to doing commercials and industrials on a local level. Perhaps web commercials could be in the mix as well. This is going to require a lot of cold calling and producing a reel and specs to gain consumer confidence.
There doesn't seem to be very high quality local commercials around these days, bringing Dark Lion's professionalism in the mix with the advent of new digital technologies which drastically reduce the cost of productions, I believe we can produce high quality material at an affordable cost to local businesses. The market is ready for the new generation of production.
We - as Dark Lion - must identify the weaknesses of existing production companies. On a local level, it is obvious that the quality of the productions are low and severely undermine the confidence one might have in the product... I am curious about the big boys... the establishes commercial companies I have long worked for. I need to find out what is their fallacy. What makes them successful and what are their weaknesses, and can they be exploited.
I was thinking that using viral video techniques would be a good marketing tool to get into the next stage... but that is a distant thought... I must concentrate on more immediate matters.
The first step before anything else - write a business plan. A business plan is like the constitution of a government. It will be the roadmap to the birth and operation of the business. Just like the constitution, it is designed to be malleable as time goes on. It needs to be changed to reflect the changing needs of the business. Not only that, but a good business plan will make us viable candidates for financiers.
I must figure out a company structure... It is a tight rope act, careful not to insult anyone but careful to keep all my ducks in a row.
I'm thinking an L.L.C. might be the best way to go for the ownership structure, although it might impede our ability to receive loans. On the other hand it protects us from costly lawsuits.
more on that here
I will have to get a EIN or employer identification number after completing the business registration with the state. Apparently I will also have to look into the Trade-name registration process. The IRS website has an online application process to obtain an EIN.
I' m going to have to look into employer registration processes. Perhaps get a program like Quicken to help manage accounting sides of the business.
The final step is a marketing plan. Figure out how to reach people who would want to use Dark Lion for their production needs.
ok so that training primer from the SBA was useful. I shall view more of them... and get started on writing Dark Lion business plan.
I also have to start with Babylon-set at the same time. Oh so much work!
- J
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