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The 5 Stages Of A Deal

5 stages of a deal

sale

This morning, walking into work, I realised there are 5 stages of a deal making process.
I am always working on ‘deals’ – trying to rustle up money for the film festival, or trying to attract new sponsors to Raindance.

1) The Flirt

A pitch to one’s network of the basic idea. You flirt, you try to get their attention, and when you do you try to get them to tell their network of friends and contacts about you. What you are hoping for is a reference to someone who might be able to help you.

Some of the best ‘deals’ at Raindance have started with a flirt with a friend or acquaintance in the most unlikely of circumstances.

2) The Tease

A formal pitch outlining specific deal points to one targeted individual. In this meeting you tease the target, and hope that they will take your proposal back to their company for serious consideration.

3) First Kiss

The first complete pitch – a one-shot meeting – where questions are answered or not!
She either loves the kiss – or not. No amount of technique can make her change her mind, either!

4) Jump Into Bed

Deal negotiation – it’s about the style and motion. You either get along or you don’t

5) The Wedding

Close the deal, seal it with a kiss or a bottle of champagne.

A friend of mine saw this and said, thinking of the analogy: “What about Stage 6 – The Annulment – when they take you for every cent you have?”

But that’s not very Raindance, is it? I’m sticking with the 5 stages of a deal.

Resources:

Closing the deal is all about creating a strategy for approaching potential sponsors and funders for your filmmaking projects. Here are two things I put together which I hope will help you:

1.Creating a Business Plan – helps you get the paperwork together you need to get your movie funded.

2.A short video with some advice on how to structure your film business.

Did You Know?


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