FILM FINANCE: When Being a Millionaire Is Not Enough


How much money do you have to make to be wealthy?

Here’s what Google says …

“If you make $50,000 a year, someone who makes $100,000 qualifies as rich. If your annual income is $100,000, $200,000 is enough. If you’re worth $5 million, then $10 million is all it would take, and so on”

In other words, it depends on your view point.

One half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent. Over one quarter, 28.5%, of all income was earned by the top 8%, those households earning more than $150,000 a year. The top 3.65%, with incomes over $200,000, earned 17.5%.

But if you want to be an Angel Investor in a feature film, being a millionaire might not be enough.

For the Impact Factor Movie we are looking for 1-3 investors for the first round of equity investment for a total of 1.2 million dollars.

For an individual to invest $400,000 to $1,200,000 in what is usually considered to be a high-return but high-risk investment, you need to be confident that if you lose the money, it won’t really effect your life-style.

My guess is that you wouldn’t want to risk more than 10% of your net worth, so that means you would need to have 4-12 million of net worth to participate.

In this case, the minimum buy in for first round investors is only $20,000 which brings that net worth number down way below the 1 million mark, but then other considerations start coming into the mix.

I asked my Facebook friends the question …

Is it easier to get 3 people to invest $400,000 or 60 people to invest $20,000?

Posted by Ken McArthur on Thursday, June 15, 2017

Lots of opinions on that, but most people agreed that fewer investors is faster and easier to manage than trying to get 60 people to invest a lower sum.

Join in the conversation and let me know what you think and in the meantime …

Don’t miss the fun!

If you want to go along for the adventure you might want to subscribe to my Impact Factor Podcast now:
http://kenmcarthur.com/itunes

To catch up here are links to the previously released “Season Two” Podcasts in order:

For a special podcast about what I’m doing with Season Two take a listen to:

http://kenmcarthur.com/podcastseason2preview/

Episode One: This episode talks about Shonda Rhimes, and her book “The Year Of Yes”, the instant New York Times bestseller from the creator of Grey’s Anatomy and Scandal and executive producer of How to Get Away With Murder as Shonda shares how saying YES changed her life, the fear of saying yes and unconventional values.

`http://kenmcarthur.com/s2episode1/

Episode Two: This episode talks about Levi Allen of Left Coast Media and how creating films (or any creative endeavor) can be a crushing disappointment, how to get beyond the disappointment to success.  Plus the first steps of creating the Impact Project and a sneak preview of the story for the Impact Factor Short Film.

http://kenmcarthur.com/s2espisode2/

Episode Three: A phone call with #1 business blogger, Seth Godin, how you beat odds of 280 million to one and the initial story idea for the Impact Manifesto Short Film and how it changed.

http://kenmcarthur.com/s2episode3/

And finally …

Episode Four: This episode features Michael Engesser, the composer for the Impact Manifesto Short Film. We talk about how we created the music for the Impact Manifesto Short Film and how it changed.

http://kenmcarthur.com/s2episode4/

More on the way, but don’t stop here!

I really could use some great reviews of the podcast on iTunes  It really does make a huge difference and I read every one of them personally.

Unfortunately, it’s not as easy as it seems!

Check out this article to see exactly how it’s done!

http://theauthorbiz.com/how-to-leave-a-podcast-review-at-itunes/

Then head on over to iTunes to subscribe and review the podcast!

http://kenmcarthur.com/itunes
All the best,

kensignature

Ken McArthur

Best-Selling Author and Producer

KenMcArthur.com
The Impact Factor Movie
The Impact Masterminds
The Impact Action Plan Workshops

P.S. Like I always say, working together, we can do so much more than we can alone.  Here are a few ways I might be able to help.

P.P.S. Here’s the addresses to find me on Twitter and Facebook …

Twitter:
http://twitter.com/KenMcArthur

Facebook:
http://www.facebook.com/pages/Ken-McArthur/20103565427

 

 

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About Ken McArthur

Ken challenges us to realize we ALL have an impact – whether we want to or not – on thousands of people who we touch in our day-to-day lives by demonstrating that simple things make a HUGE difference.

The popular host of a series of live events that bring together top-level marketers, entrepreneurs, business owners, corporations and non-profit organizations to create multi-million dollar joint venture relationships – he creates incredible, intense impact for product launches and multi-million dollar profits in surprisingly short timeframes.

Regularly asked to speak at leading marketing events, he has managed product launches ranked in the top 400 sites on the Internet. Ken McArthur is also the creator of AffiliateShowcase.com, a pioneering affiliate program search engine and directory system and the founder of the MBS Internet Research Center, which conducted the world’s largest survey ever attempted on the subject of creating and launching successful information products.

Not satisfied to concentrate entirely on large organizations, Ken also works with select individuals to help them create a decent living utilizing the power of the Internet.

Ken was the official mentor for Sterling Valentine as he took his launch from ZERO to over $100,000 in less than 8 days. Ken and Sterling documented the process as a “proof of concept” for Info Product Blueprint a massive home study course that is the “bible” of info product creation.

Ken offers top-level coaching and mentoring programs designed to help individuals, corporations and non-profit organizations reach masses of people using the techniques, tactics strategies and systems that he has developed specifically to help people spread their ideas, products and services around the globe.

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