We're a for-profit business for the purpose of sustainably providing for our
members, but my partner and I do not pay ourselves. He'd been involved in
arts collectives that operated as "co-ops" and seen how they fall apart and
create animosity between members. We wanted a model designed specifically to
avoid that tension.

I've written about this before. It's not about choosing between for profit
or not-for-profit:

http://dangerouslyawesome.com/2010/11/coworking-as-a-business-it-has-nothing-to-do-with-profit/

-Alex

/ah
indyhall.org
coworking in philadelphia


On Thu, Jan 13, 2011 at 12:56 AM, Orchestrator <[email protected]> wrote:

> Hi all,
>
> As I'm reading through all the coworking discussions, I have a few
> questions:
>
> 1) Are you operating your coworking facility/office space solely as a
> "for profit business" or are you just gathering a bunch of like-minded
> people to help share in the cost of the rent?
>
> 1a) and did you receive a great deal from the landlord that you know
> very well (friend or family) because vacancy rates are probably at all
> time high?
>
> While I've heard some people with a coworking office/business say, "We
> are profitable"...
>
> 2) If so, are you doing this 100% as a for profit business and paying
> yourself and other employees (not including spouse, children or other
> family members who will work for peanuts) from this coworking
> business?
>
> 3) Or, are you having to run another business within the coworking
> office space (say a marketing consulting services company), thus
> combining both incomes to satisfy the "take home pay" range in order
> to support you and your family?
>
> I'd be curious to hear from those who are Coworking as "True Coops"
> and those who are in it as a "For Profit" business.
>
> Right now, I'm on the fence.
>
> Thanks!
>
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