When stripped down to its core, entrepreneurship represents a few very simple things; the ability to identify a problem and solution, develop a new approach, and build a network. These qualities are needed for more than just running a business, they are necessary for making it in the competitive world of Hollywood.
Thirty-two year old Director Damien Chazelle is a perfect example of how even young people can get big in a cut throat industry when you apply the principles of entrepreneurship…
1. Damien identified an area where he was passionate.
Growing up, Damien was obsessed with film making and jazz. It influenced nearly every big decision he made.
2. He narrowed down his product (his talents).
Although his passion was equally split between film and music, he was hard pressed to make his musical talent match his passion. This caused him to turn away from music as a pursuit, and instead focus on film.
3. He started small, with a big goal in mind.
After college he moved out to LA. His long term dream was to get funding for La La Land, which he wrote while in Harvard . Before he even considered starting production on that, he worked as a writer for several years. The result of this were films such as Grand Piano and 10 Cloverfield Lane.
4. He networked.
Not only did working as a writer keep him financially solvent, but it also helped him make connections. He began to work out the puzzle of Hollywood, and how to play its game while staying on top.
5. He expanded.
After years of networking and writing, Damien created a short film called “Whiplash”. He screened it to a group of producers and received funding to make a feature film. The rest is history.
6. He retained his original voice and passion.
Whiplash went on to receive multiple awards. Damien received funding, and guided his original dream of La La Land to critical and box office success. Throughout the entire process Damien’s original passion remained unchanged. He combined his love for film and music, and an entrepreneurial mind to become one of the most successful and highly acclaimed directors working today.