7 Things To Know When Starting A Successful Video Production Company

Want to start your own video production company? Here are 7 tips you should know.

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a video production company:

#1: Kiran Shahbaz, founder of Snackable Studios:

We chatted with with Kiran, founder of Snackable Studios ($11.5K/month). In our interview, Kiran says:

I think one of the smartest things I did was to validate my idea and pre-sell before making a large shipment. Because of this, I haven’t lost any money or ended up with sitting on product for too long.

Additionally:

I think the fact that I was/am my customer is a huge asset. Though I still do customer development regularly, I feel that I know my customer so well - their deepest fears, anxieties, goals - as I lived it myself.

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#2: Ken Brantingham, founder of Arizona Filmworks:

We chatted with with Ken, founder of Arizona Filmworks ($12K/month). In our interview, Ken says:

There are plenty of people who need help. If you can do something to fill a need or solve a problem, they will pay you for it.

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#3: Joe Forte, founder of D-MAK Productions:

We chatted with with Joe, founder of D-MAK Productions ($30K/month). In our interview, Joe says:

The first thing we did when we joined forces to start the production business was we reached out to every large video production company in the area and offered to take the owner out to lunch.

Additionally:

I would have to say the one thing we have done that has kept us at an advantage throughout all these years is saving a percentage of our profits from each job and putting it into our savings account.

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#4: Joe Rollins , founder of CFF Media:

We chatted with with Joe, founder of CFF Media ($10K/month). In our interview, Joe says:

Understand what you can do, what you're really good at, and what you need from others. Don’t try to do everything yourself. Focus on what you do well and don’t be afraid to seek professional help with things you struggle to complete yourself.

Additionally:

We thought we could all run this company as equal members. It’s the perfect dream of course! When it got down to the wire though, we couldn’t get anything done with everyone being a “leader”. We needed someone to push us along and develop specific positions for everyone so tasks can be delegated accordingly.

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Read the full interview ➜

Want to start a video production company?