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Renting Gear: The Smart Move for Freelancers!

15 Sept 2024 · 1 min

Watch on YouTube

0:36

This short YouTube advice segment (by Eric Deeran) recommends that freelancers rent camera equipment for shoots rather than buying when funds are limited. The speaker advises closing the client first (use an established sales process), then rent gear (examples: ShareGrid) and cover rental costs from the project—illustrated with numbers: don’t buy gear if you only have $5,000 in the bank; instead, close a $15,000 three-month retainer and rent gear for about $300/day.

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? No, 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.