Why Most Video Production Companies Fail

Having worked in video production for 15 years, I’ve seen many production companies come and go and I put together a list of the 7 most common reasons behind their failure.

According to Small Business Administration (SBA), around 20% of business startups fail in the first year. And 50% don’t make it to five years and only 1 out of 3 are around in 10 years.

1 - lack of a system to bring in more business (rely on word of mouth)

2 - Not hiring help and trying to do everything yourself to maximize profit

3 - Scaling too quickly (hiring too fast before you actually need the help) (getting a big office, too much gear, etc) STORY

4 - tackling too many projects at the same time, can lead to getting hurt or burned out

5 - trying to hold on to another job or freelance career

6 - not charging enough for your service.

7 - Not delivering exceptional value to get repeat business and long-term clients

Learn the exact blueprint I used to go from a struggling videographer, to running a profitable video production business, in this one-hour free training.

[Filmmakingmentor]

Learn the exact blueprint I used to go from a struggling videographer, to running a profitable video production business, in this one-hour free training.

[wolfgangbachschwelloewbs]

Hello Saj, thanks for sharing your thoughts. I am running a small production house here in Vienna for 39 years now and still making most of the mistakes on your list…. I think it is never to late to benefit from such clear words. Greetings!

[robertruffo]

500 000 reviews of the 300D and only one I channel could find about what really matters. Thank you my friend!

Your channel is helping me allot, I’m restarting my video production business and your channel
Helping allot.

[beautifullybrilliant]

Thank God since I've listened very little kid I'm talking 78 years old I've always had the entrepreneurial Spirit at heart. And you're a hundred percent right about film school not teaching a single thing about business; and I'm even talking about high-level not these private colleges you find on the there ads on the back of a beach at a bus stop. LOL

[vincentduke]

Can’t wait for your course my dude. I always am anxious to hear what you have to say.

[NickGeorge]

that's crazy you said that at 7:50 because I just quit my part time job to try and actually build a production company for myself

[ryanlopezclark]

Thank you for your time and effort to help young creatives like myself to grow and scale my business! If you ever have the time I’d love to talk and ask some more personal questions.

[kwakuasap]

Great tips: consider adding time stamps to these tips in the topic tip description in your caption. It allows easy follow

[imjosephbobadilla]

So good Sal! Glad I discovered your content - I think it’s inspired me to create some of the same type of videos for my own channel based on my journey as well 🙌

[ChestiiPrinAmerica]

That scaling to fast did hit me a little. From a go pro 8 to an Sony a7s3 wasn't that fun 😁, an a7iii should have been enough for freelancing work i am doing...

[augustineogwuche]

This is interesting some video production guys needs to understand this .

[kapilesh]

I just started my production company and your video got recommended to me. All information you gave here was good and I think I will stay with your channel. Except one thing unrelated thing bothered me, why are you based in a dangerous city like Chicago? :) I ask it in a funny way.

[augustineogwuche]

How do I get your email address to get information about you .
I am a dop based in Nigeria.

[nicholassweller]

dude, all your videos need to have a higher volume level, can't hear a thing