Professional Costs:
• Screenplay Development: $2,000 - $5,000
• Equipment Rental: $1,500 - $20,000
• Location Fees: $1,000 - $5,000
• Sound Equipment: $1,000 - $2,500
• Editing Software and Services: $1,500 - $3,000
• Crew: $20,000 - $100,000
• Post-Production: $6,000 - $50,000
• Cast Expenses: $10,000 - $75,000
Marketing and Launch Expenses:
• Festival submissions: $500 - $5,000
• DIY marketing budget: $1,000 - $3,000
Wasted Time Calculation:
The average independent film can anywhere from 3 months to 3 years to complete. For ease of calculations, we’ll call it one year.
• Your time is worth, conservatively, $25/hour
• 15 hours/week × 52 weeks × 1 years = 780 hours
• Total Time Cost: $19,500 in lost productivity
The “Spinning Your Wheels” Tax:
• Endless rewrites: More time lost
• Self-doubt: Priceless (and SOUL-CRUSHING!)
• Potential income from not having a published book: Astronomical
Failure Costs:
• Abandoned project: Priceless (and PAINFUL!)
• Emotional toll of failure: Immeasurable
• Opportunity cost of not completing your movie: DEVASTATING