From the course: Video Budgeting

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Your reality check

Your reality check

From the course: Video Budgeting

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Your reality check

- Now at this point in the process, you should have a good handle on the overall scope and vision of your working concept, and you certainly know your company's abilities. Now, it's time for the reality check. Are you ready to budget and execute this working concept? Let's talk about confidence versus competence. So most creative professionals I've met are very confident in their skills, but this should not be confused with competence. For example, after some practice on a smaller job, I felt I was a competent director and I was ready to take on a Broadcast Sizzle. Well the executive producer politely yet firmly informed me that, no, I was not ready, and I should watch and observe the director they hired. Watching the director work, she was absolutely correct, and I learned a lot. So, looking at the working concept you've developed, yes, you do have the confidence, but do you have the competence to put together a budget that encompasses everything that could be possibly be needed for…

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