Reply To: I have a fan account on Instagram with over 20k followers that I want to turn into an influencer page. Smart idea?

You will most probably lose followers in the beginning but what I would do would be to transition your followers and let them know what your plans for the page are as to not catch them by surprise when they see a random person they don’t know on their feed. I’d do that with a story and a post of some kind, maybe thanking them too. If you can invest in videos then all the power to you but you don’t need to.