How to Start a Video Business from SCRATCH (Part 1/5)

With employees quiet quitting and working from home, there's never been a better time to start your own business. If you are looking to launch your own video company for shooting, editing, doing UA-cam, or working with clients, then this is the ULTIMATE GUIDE. Get all the instructions you need in this highly-detailed five part series.
PART 1: Registration, Legal, & Budgeting - • How to Start a Video B...
PART 2: Gear & Studio Setup - • Start a Video Business...
PART 3: Landing Your First Paid Client - • Find Your First Video ...
PART 4: Marketing, Growth, & Hiring - • Book Higher Paying Vid...
PART 5: Taxes, Savings, & Investing - • 2023 Taxes for Self-Em...
Be sure to subscribe and hit that notification bell so you can watch each episode as it's released. Check out the links below for supplementary materials and resources.
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TIME STAMPS
0:50 Decide your business model & plan
2:25 How much money do you need?
4:36 Deadline to launch or quit
5:20 Self-employed vs. LLC vs. S-Corp
8:15 Register your LLC
9:00 Get a Federal EIN
10:40 Using W9 forms
11:35 Using a business email
12:10 Opening a business bank account
14:40 Sync cloud hosting
15:30 Business insurance
16:53 Health insurance
17:26 Social media & website
19:05 Quickbooks & TurboTax
22:04 Tax write-offs and deductions
24:10 Payment with employees & clients
25:47 Bonus tips, tricks, & tools
27:35 Organizing in Notion
29:30 What you DON’T need to get started
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SUPPORT ON PATREON
Get the financial forecast worksheet on Patreon! Learn how much money you need to save in order to launch your business. Unlock full versions of my videos, resources, and behind-the-scenes by supporting this channel on Patreon.
Become a supporter: / hellosidneyreed
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ESSENTIAL RESOURCES & TOOLS
I mentioned several discounts and referral coupons throughout this video. These are affiliate links that I might get a kickback on if you buy. The money goes towards funding more videos here on UA-cam.
The One Thing (book): amzn.to/3SlFdFo
Sync (get 1GB extra free): www.sync.com/?_sync_refer=24a...
Chase Sapphire Card (get 60,000 bonus points): www.referyourchasecard.com/6f...
Rakuten (get cash back): www.rakuten.com/r/HELLOS262?e...
Quickbooks (50% off first 6 months): refer.quickbooks.ca/s/hellosi...
TurboTax (get 20%): turbo.tax/sidney722
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MY GEAR KIT
This video isn't sponsored, but below are affiliate links to products that I personally use. I might earn a commission if you buy using the links below. It’s a small thing that supports this channel!
Camera Body: amzn.to/3Qt6C7r
Favorite lens: amzn.to/3BwhA7W
Best editing headphones: amzn.to/3B7UKBT
Affordable lighting kit: amzn.to/3RAV03l
Clearest sounding shotgun mic: amzn.to/3d2aWwL
My gimbal: amzn.to/3BsGd5l
Wireless lav mic: amzn.to/3L6qk7C
Cinematic drone: amzn.to/3L1KiAE
Battery Bank: amzn.to/3SNml2X
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ABOUT
I’m a full-time filmmaker and a professor of film at the University of Colorado - Denver. My mission is to teach new and upcoming filmmakers, youtubers, and artistic entrepreneurs how go full-time doing what they love and making an impact through the power of film making.
Questions about Video Production, Film Making, or Anything Else? Post in comments section of this video!
Website: www.sidneyreed.com
Instagram: / hellosidneyreed
Facebook: / hellosidneyreed
#startabusiness #filmmaking #freelancing #start #businessadvice

[@AvenueImaging]

A lot of gems in this video. Thank you for the content. Looking forward to the next part!

[@stevenroberson9846]

Great overview! Thanks for sharing such a thorough breakdown of the business side.

[@JustinVK]

Thank you for the content

[@pagpapaitim]

i dig your practicals on your bookshelf.

[@TimeKillersAddendum]

I’m going to be converting from self employed to LLC for next year. Thanks for breaking this down and making it so clear and simple. I will be watching all your uploads on this series.