#27 - Intro to Season 2
Episode
30 min
Read time
2 min
Topics
Fundraising & VC
AI-Generated Summary
Key Takeaways
- ✓Idea validation before writing: Test loglines and premises with coworkers, interns, and industry contacts before spending a year writing a script. Blake Snyder's Save the Cat method recommends vetting audience response early to avoid wasting time on stories that don't resonate with anyone.
- ✓Navigating mentor discouragement: When pitching underdeveloped ideas, expect discouragement from experienced mentors. Remember the vision in your mind differs from what others hear. Consider feedback carefully but recognize that early-stage pitches often fail to convey the full story potential you envision internally.
- ✓Writer compensation red flags: When producers request option discussions, immediately clarify compensation structure, who gives notes, and payment for draft revisions. Producers who suddenly back out after these questions likely wanted free development work. Always establish payment terms upfront before beginning any script work.
- ✓Option agreement standards: Typical option deals involve ten percent of the final purchase price, lasting twelve to twenty-four months maximum. Options can range from one dollar between friends to negotiated rates, but writers should never accept extended development periods without compensation for their time and revisions.
What It Covers
Hosts Leah and Angel return for season two after the WGA and SAG strikes, discussing their creative projects, the challenge of getting paid as screenwriters, and strategies for testing story ideas before committing time to development.
Key Questions Answered
- •Idea validation before writing: Test loglines and premises with coworkers, interns, and industry contacts before spending a year writing a script. Blake Snyder's Save the Cat method recommends vetting audience response early to avoid wasting time on stories that don't resonate with anyone.
- •Navigating mentor discouragement: When pitching underdeveloped ideas, expect discouragement from experienced mentors. Remember the vision in your mind differs from what others hear. Consider feedback carefully but recognize that early-stage pitches often fail to convey the full story potential you envision internally.
- •Writer compensation red flags: When producers request option discussions, immediately clarify compensation structure, who gives notes, and payment for draft revisions. Producers who suddenly back out after these questions likely wanted free development work. Always establish payment terms upfront before beginning any script work.
- •Option agreement standards: Typical option deals involve ten percent of the final purchase price, lasting twelve to twenty-four months maximum. Options can range from one dollar between friends to negotiated rates, but writers should never accept extended development periods without compensation for their time and revisions.
Notable Moment
A producer expressed interest in optioning Hammond, then abruptly withdrew after the writer asked about compensation structure and who would provide notes, suggesting the producer wanted free development work rather than a legitimate paid option agreement.
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