Wow! Great answers from Chris and Tony and Geoff. I really appreciate the
insights.

Just from reviewing the coworking web sites out there and talking to a
couple folks directly involved, it does seem as though it's a blended
mission/service that's most prevalent.

I've been considering whether I could run a coworking business as a primary
income stream, but all my calculations so far suggest that that's just not
feasible (of course, I could be way off on calculations -- I've only just
started in the last week).  Seems like I'd need to be doing
contracting/consulting work of my own on the side, or combine the coworking
stuff with another part-time job.

Anyway, thanks for the insights! I have another question, but I'll post it
separately.

--John


On Thu, Mar 19, 2009 at 8:22 AM, Chris Conrey <[email protected]>wrote:

> >>[1] Does that description sound about right to you?
> Not really, I think its less black and white - with a ton more gray areas
> in between.
>
> >>[2] Is one model more "sustainable" than the other, or is it too early
> to tell? Put another way, is the for-profit model more sustainable
> because the profit motive draws in enough cash to keep going (and
> offers the owner incentive to keep it going), or is the not-for-profit
> model more sustainable because the participants are mutually committed
> to a shared success?
>
> I think obviously if you can strike the balance with the for-profit model
> and have the right people there - then it is certainly sustainable, but I
> think your reason for the not-for-profit being sustainable is backwards.  It
> is going to be a small core of people that sustain the not-for-profit model
> - the majority of people will be freeloaders (I couldn't think of a less
> pejorative term to use).  Not in that they are leeching off of the others
> for their own profit, but that they are going to be unable to contribute
> financially yet their community influence or skills are going to be
> irreplaceable.
>
> >>[3] Has anyone out there created a coworking space that you would say
> has split the two models down the middle, making SOME money but also
> actively providing support for participating coworkers by playing
> connector / booster?
>
> I would imagine nearly everyone in this group who runs a co-working space
> will say that they are walking that razor edge every day.  I know that we at
> Gangplank do aim to make some money to support our endeavours here but it
> comes a distant second to growing the community in Phoenix and enriching the
> environment.
>
>
> Chris Conrey
> chrisconrey.com
> Human->Geek Relations at Integrum
> @conrey on Twitter
>
>
> On Wed, Mar 18, 2009 at 6:24 PM, jmproffitt <[email protected]> wrote:
>
>>
>> As we're evaluating whether/how to start a coworking office in the
>> Anchorage area, it strikes me that there's a spectrum of possible
>> approaches.
>>
>> On the one hand, there's the sort of "retail" coworking space where
>> people simply rent desks by the day, week, month, etc. The space is
>> helpful to those participating simply by being there. Camaraderie is a
>> welcome byproduct, but not a primary goal. This business approach is a
>> pure for-profit play that must make money for the owner(s) to remain
>> viable.
>>
>> At the other end of the spectrum is the break-even "community"
>> coworking space where the objective is to support independent digital
>> workers and even foster community amongst them. It might even be an
>> advocacy space that promotes the businesses that participate in the
>> coworking venture. In this case, the coworking space might make money,
>> but that's a byproduct of the venture rather than the primary goal.
>>
>> And then there's a spectrum of variations in between these two models.
>>
>> A few questions...
>>
>>
>>
>>
>>
>>
>>
>> --John
>> jmproffitt [at] gmail [dot] com
>> @jmproffitt
>>
>>
>>
>
> >
>

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