How do you spend $250,000 / a Quarter Million Dollars?!?
The ANSWER - NOT ON YOURSELF.
In 2022 I spent ALL of my Budget / Income on the PROJECTS and PRODUCTIONS that I was working on as a Creator.
This strategy/risk was well worth it in the end, but it is not an EASY thing to do!
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Instagram - @thecolindougan
thecolindougan
0:00 - I Spent $250K ?!?
0:30 - The BIG QUESTION
0:35 - WHY I Don't Have a LAMBO
1:05 - WHY I'm Making THIS Video
1:35 - How much EACH Project Costed
3:20 - How much ONE DAY Costs on SET
4:00 - How much VIDEOS COST
4:35 - LESSONS from the Experiment
5:10 - WHY you need to GIVE IT ALL
5:50 - COMMUNITY Help
6:00 - WHY I Spent it ALL
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- - - - - - - - - - - - - - - - - - - - - - - SCRIPT
I didn’t buy a Lambo,a Ferrari or my beautiful lil Sprinter van.
I didn’t buy a house, I didn’t upgrade my studio.
I didn’t have my $150,000 or $50,000 camera.
I don’t even think I bought clothes or shoes - I pretty much wore the same outfits all year.
Where did all of this money go?
I spent $250,000 on a handful of videos, with pretty much all of it going to the crew - which is something that most people COMPLETELY miss.
The best thing that you can do as
Believe in yourself FULLY
INVEST in yourself and more importantly, those around you
When I was working at a factory for a summer job, I couldn’t WAIT to spend my paychecks.
I was SUPPOSED to be saving for university, but by the time tuition came around, that $10,000 I made in the summer was a FRACTION.
It’s easy to get excited about money coming in, but it’s more exciting to have BIGGER opportunities coming you way. Because trust me - if you get greedy, people can tell and you’ll very quickly run out of clients.
Looking back, I never expected to make money off of videos - I make less than $100 from RU-vid each month, so I always saw a client budget as money for spending, and buying power. I’ve lost money on a lot of my passion projects, but it is SO important to remember
Doing something that you truly enjoy is NOT a waste of time or money.
The most important thing to me, was making sure that I was pushing MY boundaries, putting my whole heart into it, and putting my money where my mouth is.
The result - these projects came out so strong, and beyond my client's expectations.
Some clients went from a $5,000 budget to $100,000+, $50k to $500k, and others, from 20k to 30k but across the board, it was a huge increase, and in 2022/23
The moral of the story - it’s never a WASTE, to invest in your vision.
Stay true to what you believe in, and the reason that you started your journey in the first place because money comes and goes, but you only have 1 shot at doing the BEST work, on each venture
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Sub Count 19,248
11 июл 2024
