Loading...
Answers
MenuOpening an Animation Creative Studio, where to start?
Answers
Before staring your Animation Studio, you need to be sure that you will have clients/buyers.
Everything starts from a test. You cannot just create a Studio and think that you will be successful. You need to test everything before starting.
Here is a short business plan:
Find your niche - find out who will be your clients? Small Business? Advertisers? Media? ..... who will be your audience.
After you found out who is your clients - you will start a survey - Go to LInkedin and start messaging Business Owners and ask them - (Example of message: Hi, we want to build a great animation studio - but we need your imput. Will your website require animation in the next months? How much will you pay? .......).
After you had received around at least 100 replies, start creating a landing page prototype. The landing page should contain an overview of animation - what you do, how much will cost and ask users to sign up for a free animation consultation. Advertise your landing page to SMB owners and get at least 100 form filled.
So at this stage, we have 100 replies, 100 forms filled. Now that we know the right direction, you start building the website based on data you received from your emails and consultation.
After you have your website ready, start bringing clients to your website thru marketing or organic. Now - here is the main answer to your question: DO NOT HIRE AT BEGINNING - find another animation studio and work with them to complete the animation. Do this for at least 10 animations. Doing this, you are risk free. IF everything works fine, and you are happy and your clients are happy, then - freely - start hiring. But if you hire someone from the beginning, - you will have to do contracts, payments, taxes, office, ..... and what happens if this not works - then you will loose more that you invested.
So my main tip for you will be :Start with testing. Don't just jump too fast in hiring.
(For marketing strategies: check my account).
I would be happy to walk through this with you. Feel free to give me a call. For starters... where are you based?
Starting an animation studio is surely a great idea, there are lot of famous studios around like, OLM, Inc., Disney Television Animation, illumination Entertainment, etc. First, read through how these famous studios reached the top. Take for example illumination Entertainment. It was started in 2007 when Chris Meledandri, then the President of Twentieth Century Fox Animation, left his post to pursue opportunities elsewhere. Meledandri already had the experience to produce children’s films that could perform well at the box office and it proved it in 2010 when he brought in nearly eight times the production budget for the studio’s first release Despicable Me. Similarly, other too have success stories. These stories will give you ideas on what to do next. Keep these points in mind and try to find these points hidden in these success stories.
1. Start by identifying the kind of work you want to do
2. Build your team
3. Create a working name
4. Choose your team wisely
5. Create a business plan
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Related Questions
-
How much equity should I ask as a CMO in a startup?
Greater risk = greater equity. How likely is this to fail or just break even? If you aren't receiving salary yet are among 4-6 non-founders with equivalent sweat investment, all of whom are lower on the totem pole than the two founders, figure out: 1) Taking into account all likely outcomes, what is the most likely outcome in terms of exit? (ex: $10MM.) Keep in mind that 90%+ of all tech startups fail (Allmand Law study), and of those that succeed 88% of M&A deals are under $100MM. Startups that exit at $1B+ are so rare they are called "unicorns"... so don't count on that, no matter how exciting it feels right now. 2) Figure out what 1% equity would give you in terms of payout for the most likely exit. For example, a $10MM exit would give you $100k for every 1% you own. 3) Decide what the chance is that the startup will fail / go bankrupt / get stuck at a $1MM business with no exit in sight. (According to Allman Law's study, 10% stay in business - and far fewer than that actually exit). 4) Multiply the % chance of success by the likely outcome if successful. Now each 1% of equity is worth $10k. You could get lucky and have it be worth millions, or it could be worth nothing. (With the hypothetical numbers I'm giving here, including the odds, you are working for $10k per 1% equity received if the most likely exit is $10MM and the % chance of failure is 90%.) 5) Come up with a vesting path. Commit to one year, get X equity at the end. If you were salaried, the path would be more like 4 years, but since it's free you deserve instant equity as long as you follow through for a reasonable period of time. 6) Assuming you get agreement in writing from the founders, what amount of $ would you take in exchange for 12 months of free work? Now multiply that by 2 to factor in the fact that the payout would be far down the road, and that there is risk. 7) What percentage share of equity would you need in order to equal that payout on exit? 8) Multiply that number by 2-3x to account for likely dilution over time. 9) If the founders aren't willing to give you that much equity in writing, then it's time to move on! If they are, then decide whether you're willing to take the risk in exchange for potentially big rewards (and of course, potentially empty pockets). It's a fascinating topic with a lot of speculation involved, so if you want to discuss in depth, set up a call with me on Clarity. Hope that helps!RD
-
What are best strategies to sell LED light tubes and industrial lighting/lamps online a) in general and b) on amazon?
I'd ask Rocco Baldassarre. He is the best online marketing consultant I've ever seen and can surely give you concrete advice. Said that, my advice would be a) your own e-commerce store so you can drive traffic to it without losing money on commissions b) learn from best selling products (you can see sales ranks of competing products if you register as an amazon affiliate marketer; it's free) and copy their structure, split test regularly Hope it helps!CM
-
What is a good scope of work for a marketing and PR department?
Build a body of work in the form of a blog. Much depends on the size and scope of your company, but branded journalism can really make a huge difference.....AW
-
What are good restaurant related questions that I can ask in a survey for the purpose of exemplifying the market to investors?
I think it is a good start. From my experience, people don't really know what they want -- they only think they do. An example of this is when Steve Jobs announced the iPad. There was collective confusion (more so than any other time Apple has done something). Now, we couldn't imagine our world without it. That said, the participants of your survey will likely answer within their comfort zone or what they are familiar with. This is what they *think* they want. If you base your entire business model on what people think they want, you will end up duplicating what they are already accustom to (your competition). Getting a sense of your market is a good thing, but you most have the "secret sauce" that will woo your potential customers away from their routine. I don't know what type of restaurant you are aiming for, be it fast food, causal sit down, unique and interesting, or 5-star quality. Based on that, price becomes very subjective. There is a very unique, one-off restaurant I enjoy visiting when I am traveling in Southern California. It is priced higher than any other restaurant in the area, but I am not paying for the food or even the service. I am paying for the way it makes me feel and the environment they maintain. The participants of your survey will likely not be considering intangibles like this when they answer. Keep this in mind, but don't build your entire business around it. Questions to validate your business model may include: - How important is the selection of adult beverages? - How important is the selection of healthy choices? - How important is a family-friendly environment? - How important is the quality of food (we don't always go where the food is best) - How important is the speed of service? Based on your question, I am guessing you are going for a family-friendly, speedy, inexpensive alternative to McDonalds, Burger King, or Carl Jr's. These companies have deep pockets to fend off upstarts. Your value proposition will need to be rock solid to defend against the giants of the industry.SN
-
Is it ok from a brand perspective to have different color schemes for your logo for different purposes?
Building a brand takes more than a logo. With that said, consistency is key for obtaining a competitive advantage that speaks to your market for longer. I would recommend against using different styles and colors for various purposes and instead maybe avoid using in lieu of the logo use maybe instead borders or patterns that use your logo's or brand colors. The idea of a logo is to engrave a mission or product into potential customers when they simply see the brand or logo... Once a logo is pushed and promoted you can strengthen that image by enforcing the brands colors through different materials or media :)HV
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.