Alex -- When you say you've made plenty of money from your other activities,
would that be your weknowhtml.com work?

Because that's more or less the angle I'm considering -- yes, setup the
coworking space and strengthen the digital indepdents community around it,
but also work separately on projects I can scare up in IT, web, new media /
social media areas.

--John


On Thu, Mar 19, 2009 at 11:12 AM, Alex Hillman <[email protected]
> wrote:

> To riff on Chris's point, I feel like my decision making abilities are
> always in the communities best interest and that fact is never at risk of
> being dissolved into my interest in a bigger paycheck.
>
> I make plenty of money from the things that coworking has enabled me to do
> without making money directly from renting desks.
>
> -Alex
>
> --
> -----
> --
> -----
> Alex Hillman
> im always developing something
> digital: [email protected]
> helpful: www.unstick.me
> visual: www.dangerouslyawesome.com
> local: www.indyhall.org
>
>
>
> 2009/3/19 Chris Conrey <[email protected]>
>
> John it is my true belief that if you run a co-working space with the
>> primary intent to be a revenue stream you will fail.   Not because of the
>> math, but because people won't find it to be authentic.   There is a
>> "real"ness that is necessary to have a successful working space.   There a
>> many models for how it can work - but I don't know of anyone who is using
>> co-working as their business model successfully.
>>
>> Chris Conrey
>> chrisconrey.com
>> Human->Geek Relations at Integrum
>> @conrey on Twitter
>>
>>
>> On Thu, Mar 19, 2009 at 11:32 AM, John Proffitt <[email protected]>wrote:
>>
>>> 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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