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Renting Gear: The Smart Move for Freelancers!

8 Sept 2024 · 1 min

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0:36

This short transcript excerpt captures Eric Deeran advising freelancers to rent camera gear rather than buy when funds are limited. Key recommendations: close the client first using a sales process, then rent equipment (e.g., via ShareGrid). Financial examples given: avoid buying gear if you only have ~$5,000 in savings; consider renting (~$300/day) and aiming to close larger retainers (example: $15,000 over three months) so projects can cover rental costs.

Questions this video answers

ShareGrid

$5,000

$300 per day

$15,000 over three months

Chapters

What is the minimum camera equipment setup needed for a shoot? Honestly, I would just rent gear if you don't have anything. Like, a lot of people are against this, but, like, close the client. Use the sales process that we have. Close the client and then go on something like share grid and rent the gear for it. Like, just rent it, right? A lot of people like, no, I need to, I need to own my own gear. Well, dude, if you have no money, like, if you have like $5,000 in the bank, like, what are you going to do? Go buy a camera and then have no money, right? Oh, if you have $5,000 in the bank, go close a $15,000 three month retainer. It's like you could spend 300 bucks for a day and rent it and then have the project pay for the rent.