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Renting Gear: The Smart Move for Freelancers!

13 Oct 2024 · 1 min

Watch on YouTube

0:36

Short excerpt from a YouTube video where the speaker advises freelancers to rent camera gear instead of buying—close the client first using a sales process, then rent equipment (mentions ShareGrid). Speaker argues renting preserves limited cash (example: having $5,000 in the bank) and gives concrete financial examples: close a $15,000 three-month retainer or rent gear for about $300 per day so the project covers rental costs.

Questions this video answers

$5,000 in the bank.

A $15,000 three-month retainer.

About $300 for a day.

ShareGrid.

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.