Thursday, August 19, 2010

Managing The Stresses of Finding a Talent Agent

By guest blogger Stanley Popovich

Many people deal with the anxieties of finding a good talent agent. As a result, here is a list of ways that a person can use to help manage the anxiety of finding a talent agent.

The first step is to determine your goals in finding a talent agent. Determine what you want to accomplish. It will save you a lot of time and money in the long run if you know what you are looking for. Sit down and think about the overall goal of what you are looking for and convey this to your agent.

Educate yourself on the steps of finding a good talent agent. Most importantly, you will be able to make smarter choices that will save you time and money.

Find a reputable talent agent that can help you accomplish your goals. Ask some of the people in the industry on who they recommend and get in touch with them. Referrals from people you know are a great way in finding a talent agent.

Get your finances organized. Make sure you have an idea on what you can afford. Have a sound business plan and a realistic budget. Determine what you can afford and develop a budget where you will be able to keep up with all of your expenses.

Get a friend in the industry who is more experienced to help you. You could ask them for their assistance and ask them questions. Having someone who can assist you along the way can really help reduce the anxiety of the process.

There will be times when everything happens all at once. When this happens, a person should take a deep breath and try to find something to do for a few minutes to get their mind off of the current situation. A person could take a walk, listen to some music, read the newspaper or do an activity that will give them a fresh perspective on things. Once you calm down, you will better able to make the right decisions.

Finding a talent agent does not have to be a bigger deal than it has to if you take the proper steps. There is help out there if you get stuck or confused. The most important thing is to do your homework. Determine your goals, educate yourself on the steps to reach your goals, ask questions, and take it one step at a time. If you follow this advice you will be better able to reduce the stresses of finding a talent agent.

BIOGRAPHY:

Stan Popovich is the author of "A Layman's Guide to Managing Fear Using Psychology, Christianity and Non Resistant Methods" - an easy to read book that presents a general overview of techniques that are effective in managing persistent fears and anxieties.

For additional information go to: www.managingfear.com

How Much Do Talent Agents Make?

Agents get 10% commission from your income after you work. Now figure if Bruce Willis' agent books him on a job, and Bruce makes $25,000,000 per film, then the agent gets TEN PERCENT after taxes. That would be roughly $1,700,000 for booking Bruce Willis on that job.

But of the hundreds and hundreds of Agents and Sub-Agents in the business, only a tiny fraction of agents make over a million bucks a year. Most agents make less than $30,000 a year, and many don't even make a living off of it, they have other means of finances that allow them to be agents.

There is a HUGE turnover of agents who are starting out within the first two years of becoming an agent because it is extremely hard to become a successful professional Theatrical and/or Commercial Talent Agent. The "average" annual income of a Talent Agent (including these sub-agents, associate-agents, etc.) is roughly $25,000 per year.

What is Commissionable by Your Agent?

Independent Agents

If your agents are Independent (i.e., not affiliated with either ATA and/or NATR), and therefore still franchised by SAG, then these agents (as well as the SAG members they represent) continue to be protected by and bound to the terms and conditions of Rule 16(g). Hundreds of SAG franchised agents across the country have maintained their on-going relationship with SAG, and continue to loyally serve SAG’s members pursuant to the requirements of Rule 16(g). Any standard SAG agency contract you sign with an Independent Agency may be filed with, and processed by, the Guild.

How Film and Television Shows Are Cast

The Film and Television Studios give the "green light" for movies and TV shows to be produced.

Then the production companies hire casting directors, who in turn send out "breakdowns" of the characters being cast.

These "breakdowns" actually are sent out by a service called "Breakdown Services" and are only available to licensed Talent Agencies.

Then the agents at these agencies submit photos, resumes, and sometimes "demo-reels" to the casting directors.

Then the casting directors call in the actors that fit the roles they are casting, usually many many actors are called in.

Then they narrow it down to the best actors who came in and "call back" these actors to read again for the director, sometimes the writer, producer, etc.. Then they narrow it down further, and sometimes there are 3 - 4 "call backs" before an actor is finally hired.

Do I Need An Agent To Be Cast?

Although it is possible to be cast on a show or film with out having an agent, it is very difficult. This usually only happens with smaller roles, and of course with extras. The studios usually only deal with reputable licensed talent agencies when casting acting roles.

In addition, agents are the only ones who receive the "breakdowns" of what roles are being cast at a given time. And in most instances, a studio or production company will not negotiate a contract directly with talent.

I have personally landed several acting roles by randomly sending in my photo and resume to casting directors when I did not have an agent, but it is not common to land roles in this manner.

However, I do recommend sending in to casting directors randomly because you never know if they will be looking for your exact type when they receive your photo and resume.

Important Safety Information

Do NOT incude a home address when sending out your photo and resume. I always recommend using a PO BOX.

Also, NEVER meet someone outside of a professional environment such as a studio, agents, or casting office. Do NOT meet someone at a restaurant, private residence, etc. You should ALWAYS let someone else know EXACTLY where you are going, WHO you are meeting, and WHEN you are going there.

And a parent or guardian must ALWAYS accompany minors. A parent or guardian should NEVER be out of eyesight of the minor, whether it be at auditions or on set.

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