Financial stress ... Marriage stress ... running two other businesses ... outlook worse than when I produced the first movie ... I honestly don't think there is a chance for ANY of us to produce that "next great movie." Don't let that stop you (I'm just bitter)
I remember the bitter phase -- trust me it does pass. And, after the first big fall it takes a massive amount of effort to dust yourself off and start again. Especially when you start adding up the personal cost -- and trust me, your marriage and sanity are worth more than any film.
Where I just don't agree is that it is impossible to make it.
Since I stopped seeing production as my primary goal and have concentrated on writing, I have had turned down three options on one script (currently discussing terms with a forth company) and have made significant in roads into mainstream professional screen writing. A process that has also been about making sure that the next time I get into production the script right.
I've also taken the time to rebuild a new production company from scratch, working towards the point where I'd have all the production equipment I need to make a feature film. A point I finally hit four weeks ago.
It's taken nearly two years to reach this point, but none of that time has been wasted.
I'm not in a hurry to get back into production, because the trick in this business is to get everything right and not everything right now.
When I used to teach actors about the business I used to start the year with my "reality check" lecture. In this lecture I'd explain the realities of rejections:
It goes like this, if you audition then your life will feel like this: No, No, No, No, No, No, No, No, No, NO YOU SUCK!, No, No, No, No, No, No, No, No, YOU MUST BE KIDDING ME!, No, No, No, No, No, No, No, No... Yes
There is always a yes at the end of the list, if the list is long enough and if you learn as you go along, but most people can not deal with enough rejections to get to the YES or they lose confidence and blow every chance they get.
Film making is exactly the same. We have a limit to how much reject we can take before we quit, but real question is why we started in the first place. My take on it now is you have to have an equal measure of confidence and critical awareness -- or to use an older term, humility.
I've got a lot of compulsive gambler blood in my family and a lot of Irish rebelliousness as well, so I'm not predisposed to either cutting my loses or towing the line. I also believe that there is a formula for success in low/no budget film production and anyone who really wanted to make it, could find most of the information scattered amongst the posts in this forum.
But, the key elements are as follows:
a high concept genre film (preferably with two names)
script written by someone who understands structure, and that matches current Hollywood baseline standards
a director who can make the most of the format available, rather than trying to make DV look like film
and finally
a producer who accepts sole and total responsibility for creating a demand (an audience) for their product