When I try to create Proxies with Media Encoder the status becomes "Failed" everytime

I was trying to create proxies for the first time and I so I used this ingest preset by Matt Johnson

"Cineform 1280x720 23.976 Quality 1 Watermarked INGEST"

These were my settings

- Source File: /Volumes/LaCie/ALL FOOTY/ASIA/JAPAN/Tokyo/KAMAKURA/MVI_0008.MP4
- Output File: /Volumes/LaCie/ALL FOOTY/ASIA/JAPAN/Tokyo/KAMAKURA/Proxies/MVI_0008_Proxy.mov
- Preset Used: Custom
- Video: 1280x720 (1.0), 23.976 fps, Progressive, Quality 1, GoPro CineForm, 00:00:48:10
- Audio: Uncompressed, 48000 Hz, Stereo, 16 bit
- Bitrate:
- Encoding Time: 00:00:04
05/05/2020 09:01:35 PM : Encoding Failed
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The Operation was interrupted by user
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I would really appreciate your help, in terms of how to fix this so that Media Encoder can properly create the Proxy files