How to be successful in Hollywood, according to movie legend Roger Corman

Independent film producer Roger Corman is known the world over for being one of the most successful producers ever in the movie business, thanks to his ability to create popular low-budget films since the 1950s.

Whether working on cult B-horror movies like "Attack of the Crab Monsters" and "Teenage Cave Man" or helping future iconic directors like Francis Ford Coppola and Martin Scorsese get their start, Corman has always had a knack for making movies that are relevant to the times we live in while also turning a profit.

At 90 years old, Corman hasn't slowed down. His latest, "Death Race 2050" (released on Blu-ray January 17), is a sequel to the 1975 cult classic he produced, "Death Race 2000," which starred David Carradine and a then-unknown Sylvester Stallone. Like the original, "2050" is a political satire that's also an action race-car movie in a dystopian future where the winner is the driver who runs over the most people.

We asked Corman to give four tips to filmmakers on how to succeed in the movie business. Here's what he told us: