How Do You Succeed Running A Color Grading Business?

00:00 – Introduction

01:05 – Katie: Current supply chain shortages for displays and its impact on purchasing decisions

02:30 – Baylor University is showing a new color space demonstration and how it might be used

5:19 – Cullen: The one new Resolve 18 feature that grabbed his attention

6:28 – Jason: His one new Resolve 18 feature that has him very excited

09:24 – Mixing Light’s newest Contributor, Zeb Chadfield, makes his first appearance and talks about Resolve 18’s new database structure

11:25 – Patrick: The one new feature in Resolve 18 that caught his attention

13:07 – Do you specify your deliverables to your clients? If so, what happens if they don’t deliver it that way?

14:30 – Zeb introduces himself and his company, The Finish Line, to Mixing Light – and balancing work with life

15:55 – Getting involved with the client as early as possible and how Zeb specifies jobs should be handed over for finishing

17:22 – Katie: Be specific on your turnover needs and make sure the costs for not following your workflow are well defined

20:00 – Zeb: The advantages of billing by the hour

20:25 – Cullen: Deliverable discussions are part of overall client discussions, negotiations, and collaboration

22:50 – Jason: The essential need for small businesses to put your deliverables in writing, under a contract, as a way of properly guiding clients

25:00 – Patrick: Getting an actual signature from the client and the details to include on the contract

27:00 – Katie: Client reluctance to sign a proposal is a red flag

27:30 – Tony S: His solution as a DIT for eliminating confusion after he hands off hard drives to smooth post-production and finishing

30:25 – Katie: Why onboarding forms for new clients never work and direct discussions are essentials

33:18 – Terms of payment: How much do you ask for up front and at the end of the job?

42:30 – Tony S: Your clients are often still learning and you need to educate them

44:15 – Zeb: Understanding that our investment in a project is minuscule compared to our client’s investment

45:22 – How do you determine your hourly rate?

45:40 – Katie: Overview of the Insight she wrote on determining your hourly rate

47:23 – The two big mistakes that creatives make when it comes to setting their rate and running their business

50:30 – What about taking ‘passion projects’ or ‘free’ jobs?

52:10 – Katie: Integrating low-budget projects into your marketing plan and how to quote it

52:58 – How do you budget for investment in physical gear?

55:14 – Zeb: Low budget clients as an opportunity for a facility to give experience to trainees

55:46 – Conclusion and final thoughts