Crowd-funding Evaluation Part 1: When and How Much?

In this first blog evaluating the recent crowd-funding campaign for my short film Stop/Eject, I’m going to look at how the total developed over time.

Sophie Black
Sophie Black

It was Sophie Black, Stop/Eject’s production designer, who first suggested I look to crowd-funding to finance the film after the original funding arrangement with a production company fell through. My initial response was sceptical. It seemed to me that crowd-funding campaigns only succeeded when the filmmaker or (in the case of documentaries) the film’s subject had a very large online following already. Although I have been blogging and running websites since 2001 I’ve rarely made any effort to promote these sites, and this fact, combined with my indifference to social media, would inevitably lead to crowd-funding failure – so I thought.

However, with Creative England showing no signs of establishing a short film funding scheme, I could think of no other method of raising the money for Stop/Eject. So I asked Sophie to come on board as producer and bring to bear her experience of successfully crowd-funding Crash Taylor’s short film Jar of Angels. Luckily for me she said yes, and we launched the campaign in November.

Sophie chose to set the target at £2,000. Although we knew that the film would cost more than that to make, she felt that people were more likely to contribute if the target was smaller and thus seemed more attainable. Indeed many websites that give advice about crowd-funding suggest £2,000 as an ideal target for that very reason.

Graph showing how the total rose over time
Graph showing how the total rose over time

Crowd-funding is quite stressful because you wake up every morning thinking, “What can I do today to make people contribute?” It’s an emotional roller coaster too. When the total sticks for a few days – as you can see it did between Christmas and New Year – it’s incredibly depressing, but when it leaps up like it did on December 20th you feel happy and motivated again.

The two biggest things that steepened the curve were the Midlands Today coverage and the impending deadline. The Midlands Today report went out January 11th but was filmed – and intended to be broadcast – a few days earlier. As a result there were a few days in a row of Facebook activity surrounding it and this transformed the campaign from what looked like a lost cause destined to come in at least 25% under target, to something with a fighting chance.

As the deadline drew close, I was touched by how many people took up the cause and shared the link wherever they could. A lot of people really wanted to see it succeed, and they helped us accelerate towards the target.

In my next post I’ll look at who donated and why I think they donated.

Crowd-funding Evaluation Part 1: When and How Much?

The Next Step

Stop/Eject poster
Stop/Eject poster

It’s been a roller coaster two months and a very educational experience, but Stop/Eject‘s official crowd-funding campaign is now over. Thanks once again to everyone who enabled us to hit our target and get this project back off the ground.

But if you still want to donate, don’t worry; you still can. Just click on the Paypal donate button on the right of this page to make your contribution. Although the exclusive signed DVDs and artwork offered during the official campaign are no longer available, you’ll still get your name in the credits, an invitation to the premiere and access to my indie movie-making budget expose How to Make a Fantasy Action Movie for £28,000. If you want to know more about Stop/Eject you can check out the Stop/Eject page on this site or watch the pitch video.

Although I’m delighted that our campaign succeeded (I convinced myself at many times that it wouldn’t) the curse of filmmaking is that whenever you achieve one difficult task instead of feeling relief you just start stressing about the next difficult task. I don’t know if that’s how other filmmakers find it but it’s always been the way for me.

The next difficult task in this case is raising the rest of the money. Sophie and I have a number of ideas about how to do this and these will be revealed in due course on this site.

The Dark Side of the Earth: Making the Pilot - Special Features DVD menu
The Dark Side of the Earth: Making the Pilot - Special Features DVD menu

The other thing you can look forward to in the next few days and weeks on neiloseman.com is an evaluation of the crowd-funding campaign. I was completely new to this method of raising finance and I’ve learnt a lot from it which I want to share with you all.

For now my most pressing task is the production of the rewards that Stop/Eject’s sponsors have so justly earned. Currently I’m working on the DVD authoring for The Dark Side of the Earth: Making the Pilot and then I’ll need to design the DVD cover and label too. I’ll leave you with a glimpse of this DVD’s Special Features menu.

Oh, and check out the Hereford Journal tonight if you’re local for a photo and article about me and Stop/Eject.

The Next Step

How to Make a Fantasy Action Movie for £28,000

This weekend, eschewing some sleep and new year celebrations, I completed a 20 minute video called How to Make a Fantasy Action Movie for £28,000. Presented by me, disguised as a homeless person who’s just been dragged through a hedge backwards, it’s a completely frank and open breakdown of Soul Searcher’s budget: where the money came from, how it was spent and how much the film made. It’s an invaluable tool for anyone considering making a feature, and since it also looks at the details of the distribution deals I was offered and why I picked the one I did, if you’ve just completed a feature and you’re wondering what you can expect when you sell it then this is definitely something you need to watch too.

Here’s the trailer for Soul Searcher to get you in the mood:

And here are the first few minutes of How to Make a Fantasy Action Movie for £28,000….

To see the full programme all you have to do is sponsor Stop/Eject £10 or more before January 18th. There are other great rewards for sponsoring as well, but you’ll get access to this programme straight away, regardless of whether we make our target or not. http://tinyurl.com/stopeject

How to Make a Fantasy Action Movie for £28,000

Christmas Present

Hereford Journal
Hereford Journal

Need some cinematic inspiration and advice to get your 2012 filmmaking plans off to a flying start? As a special Christmas gift to Stop/Eject supporters, anyone who sponsors the film (any amount) by midnight on Christmas Eve will get access to an exclusive new featurette I’m currently creating: “How to Make a Fantasy Action Movie for £28,000”. This will be a detailed look at the budget from my feature film Soul Searcher, analysing where all the money came from and exactly how it was spent, examining the contracts given to the investors, comparing the distribution deals I was offered and revealing precisely how much money the film made. This is an unprecedented real-world case study of the financial realities of indie filmmaking. Get it in YOUR inbox on New Year’s Day by sponsoring Stop/Eject before Christmas. You’ll also get all the great rewards we’ve been offering all along. And don’t worry – if you’ve already sponsored Stop/Eject, you’ll get access to this video too.

Remember to keep spreading the word about Stop/Eject, just like Hereford Journal (left) and Sci-Fi London have done this week – thanks guys!

Jonny Lewis as Ezekiel in Soul Searcher. Photo: John Galloway
Jonny Lewis as Ezekiel in Soul Searcher. Photo: John Galloway

 

Christmas Present

Networking

Everyone says crowd-funding takes up a lot of your time, and it’s true. This week I’ve set up an iTunes podcast, started a Facebook page, uploaded desktop wallpapers (in widescreen and 4:3 ratios), authored DVDs of the pitch video and am attending three events to network and spread the word.

Herefordshire Media Network
Herefordshire Media Network

The first event was a Herefordshire Media Network social. This was held in the back bar of a pub and involved myself and two other people giving little presentations and then general mingling/networking. As usual at these events there were a surprising number of people I didn’t know. Hereford is so small that I tend to assume that I must know everyone here who works in the media, but more people always seem to crop up.

The other speakers were Marc de Jersey, filmmaker and international broadcast journalist, and Nick Fogg, a filmmaker whose 90 second documentary Wake recently won the main award at Encounters International Film Festival. Both showed some of their work, which was really interesting in very different ways. I felt pretty shameless plugging my crowd-funding campaign, which – let’s face it – is essentially begging, but people responded well. After the presentations I talked to as many people as I could and handed out plenty of business cards.

The Picnic
The Picnic

The second event was The Neighbourhood Watch at Vivid in Birmingham. It’s been a very long time since I was last at Vivid, but I thought it would be worthwhile showing my face and trying to make some regional contacts. The event was an “open mic” film night, meaning that anyone could submit a film to be screened and none would be rejected, time permitting. I screened The Picnic, to the end of which I had added a caption telling everyone to visit my Crowdfunder page and sponsor Stop/Eject. I also mentioned the campaign when I introduced the film. Sadly there wasn’t much opportunity for networking, particularly since I had to leave early to get the last train back, but it did get my mind whirring on the possibilities of holding talks and screenings and using them to raise funds… of which more another time.

The third event, happening tonight, is a local meeting about community TV, which apparently is something the government is pushing at the moment. I don’t know much about it, but I’m going along to see what opportunities there may be to get involved – and don’t think I won’t plug my crowd-funding campaign while I’m there.

Thanks again to everyone who’s contributed so far, and to everyone who has helped spread the word by email, Facebook, Twitter and – shock! horror! – physical face-to-face communication with mouths and ears and vibrating air molecules.

Networking

Stop/Eject: Get Involved

Our crowd-funding campaign has launched today. We need your help to bring Stop/Eject, a heartbreaking story of love and loss, to the screen. Donate as little or as much as you’re able, and don’t forget to tell all your friends to do the same. You can link to our Crowdfunder page or you can embed the widget (see sidebar on right) on your own site.

Although Light Films have kindly funded the development and initial pre-production, we still need money to buy more props, costumes and materials for the set, and to cover travel, catering and accommodation. For those of you who have been following my filmmaking exploits online for a while, this is your chance to get personally involved. Everyone who donates will get a thank you in the credits, plus there are various great rewards available if you donate over certain amounts, such as exclusive posters, signed artwork and DVDs of my films, some of which have never been available to own before.

Still not convinced? Check out my previous Stop/Eject blog posts to read about all the hard work that’s already gone into this project. I believe this film will be something really special, but I can’t make it without your help. Sponsor it here. Thanks everyone!

Stop/Eject: Get Involved

Darkness Falls

One sheet artwork for The Dark Side of the Earth
The Dark Side of the Earth

For the last six years I’ve been developing and trying to raise finance for The Dark Side of the Earth, my would-be third feature. It’s a wildly ambitious fantasy-adventure set in an alternate 1908 where the world has stopped spinning, and a girl stows away aboard an airship travelling from the Light Side to the Dark Side with the aim of finding Old Father Time and starting the earth turning again.

In 2008 I shot a 35mm pilot for the film starring Benedict Cumberbatch (Sherlock) and Kate Burdette (The Duchess) and featuring the voice of Mark Heap (Green Wing, Spaced), on a wonderful big steampunk set with a beautiful puppet of a Victorian swordfighting robot. Many, many talented and hardworking people contributed their skills to the pilot and to the development of the feature script. Sadly all I have to show for all this effort are lingering debt and a gorgeous 35mm print of the pilot. No fucker will finance it.

But perhaps you can learn something from what I achieved, and more to the point, didn’t achieve by reading the blog – which you can now do right here on neiloseman.com. There are also hours of behind-the-scenes podcasts and “how to” guides from the pilot and our pitching trips to Cannes on my YouTube channel.

Darkness Falls