Recently the MMA Company I have been doing sound and lighting for approached me wanting me to take over their full A/V (Audio Visual) productions, well have JJDJ.
So after going back and forward we have come to a deal, waiting on their attorneys to draft the contract.
What they wanted me to do, I couldn't do, and I just don't have enough equipment to do it. So they told me to make a list of what I needed, and they are purchasing everything. We are talking over 10G in gear! And then 50% of every fight we do for them will go toward that debt. But it’s an interest free loan.
On the flip side it is going to be putting a lot of gear into our warehouse, so we can start doing larger shows and going down some new paths.
They are locking me in on a two-year contract with a guaranteed number of fights, after the first year I’ll get a 10% bonus. They cover all my travel and hotel as well too.
Now the con. I have to give them priority. Meaning if I have a wedding on June 3rd, and they tell me within 45-60 days we are scheduling a fight for June 3rd. I have to find another DJ to do that wedding. So this will force me into becoming a multi-op company sooner than later. Something I have wanted to do, and have been slowly but surely making the moves to do.
But like anything large, there is a lot of overhead such as my liability insurance will skyrocket from 200-300/year to 600-800, which in the big scheme of things isn't horrible. I'll have to have at least 2 roadies to unload and setup the trussing (to give you an example our proms we do use about 30 ft. of trussing. Now we are talking 170-180' of trussing.) And we will have to handle no only sound and lighting, but a video switch as well between multiple camera feeds.
Right now its set for 8 fights a year, but more than likely will be 12-15 fights. But if you think about it $3000-$5000 a fight to JJDJ, that’s a mortgage payment. It changes so many things!
Very Exciting! So if anyone is from the Virginia, Maryland, DC area and looking to pick up some work, I’m going to need to start working on bring some DJ’s on board. Right now I pass away more gigs than I’m booking, and now with this new contract, I need to have some solid talent on board who can pick up and go for school events, weddings, and more!
My first goal is I need to duplicate our school rigs, because when we put our list of gear needed to do these MMA fights its including a lot of the gear we run at proms. So if I need to have another team member do a prom for us, we need to insure we can deliver the quality of shows we have built a reputation for.
So after going back and forward we have come to a deal, waiting on their attorneys to draft the contract.
What they wanted me to do, I couldn't do, and I just don't have enough equipment to do it. So they told me to make a list of what I needed, and they are purchasing everything. We are talking over 10G in gear! And then 50% of every fight we do for them will go toward that debt. But it’s an interest free loan.
On the flip side it is going to be putting a lot of gear into our warehouse, so we can start doing larger shows and going down some new paths.
They are locking me in on a two-year contract with a guaranteed number of fights, after the first year I’ll get a 10% bonus. They cover all my travel and hotel as well too.
Now the con. I have to give them priority. Meaning if I have a wedding on June 3rd, and they tell me within 45-60 days we are scheduling a fight for June 3rd. I have to find another DJ to do that wedding. So this will force me into becoming a multi-op company sooner than later. Something I have wanted to do, and have been slowly but surely making the moves to do.
But like anything large, there is a lot of overhead such as my liability insurance will skyrocket from 200-300/year to 600-800, which in the big scheme of things isn't horrible. I'll have to have at least 2 roadies to unload and setup the trussing (to give you an example our proms we do use about 30 ft. of trussing. Now we are talking 170-180' of trussing.) And we will have to handle no only sound and lighting, but a video switch as well between multiple camera feeds.
Right now its set for 8 fights a year, but more than likely will be 12-15 fights. But if you think about it $3000-$5000 a fight to JJDJ, that’s a mortgage payment. It changes so many things!
Very Exciting! So if anyone is from the Virginia, Maryland, DC area and looking to pick up some work, I’m going to need to start working on bring some DJ’s on board. Right now I pass away more gigs than I’m booking, and now with this new contract, I need to have some solid talent on board who can pick up and go for school events, weddings, and more!
My first goal is I need to duplicate our school rigs, because when we put our list of gear needed to do these MMA fights its including a lot of the gear we run at proms. So if I need to have another team member do a prom for us, we need to insure we can deliver the quality of shows we have built a reputation for.
