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Renting Gear: The Smart Move for Freelancers!

29 Sept 2024 · 1 min

Watch on YouTube

0:36

A short YouTube monologue by Eric Deeran advising freelancers/filmmakers to rent camera gear for shoots instead of buying, especially when funds are limited. Core advice: close the client first (use your sales process), then rent gear (e.g., via ShareGrid) so project revenue covers rental costs rather than depleting personal savings. Uses concrete examples (if you have $5,000 in the bank, don’t buy a camera; instead aim to close a $15,000 three-month retainer and pay ~ $300/day to rent gear).

Questions this video answers

$5,000

$15,000 three-month retainer

$300 for a 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? 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.