How can i make a sony vegas video a smaller size?

PLEASE HELP I HAVE NO IDEA HOW TO DO THIS AND IT EXPIRES IN 2DAYS SO ANSWER PLEASE QUICK ;) THANKS EVERYONE! :)
Answer:

try using mp4 option. select the entire timeline and use render as in the drop down menu. there will be several options to render as... the mp4 option is one of the best codecs it'll make your video small and still look good.

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Other answers

1/ Cut out more video 2/ Use a different output template - not knowing what you're using now or what you want to do with the video I can't suggest one.

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