Some places have formed a consulting group where the space is the brand and members bid on large projects under that brand. This allows for members to easily come together to take on projects that may need 5 or more people. By bidding under the space's consulting brand, the brand stays consistant and gains a reputation even though the members working on the project are interchanged based on the skills needed or if they are still members or not. The space makes money by taking a percentage of the project (10% or so).
Some spaces may also take in revenue or reduce expenses by having sponsors. Turnstone has done that for us and several other coworking spaces throughout the US. Craig On Jun 14, 11:41 am, Angel Kwiatkowski <[email protected]> wrote: > Thanks Mike! I'd say if I'm learning anything about making $$ at > coworking, it is that we shall blur the line between what revenues > come from the space, the members or us. It all counts as money in! > > angel > > On Jun 14, 11:37 am, Mike Pihlman <[email protected]> wrote: > > > > > > > > > Angel: > > > Not sure if this counts, but, I use the space to Tutor Math, K-8, and am now > > teaching private classes on getting a Wordpress.com website or blog up and > > running.... > > > I am also getting ready to host Wii competitions (tournament), the majority > > of the $$ for that will go into ForCarol.com...but I will take some to help > > defer minimal space costs. If ForCarol.com did not exist (God, I wish....), > > then I would do the Wii Tournament and pocket all the $$. :-) > > > In the past, one of our members started a small coffee shop with pastries > > that he sold....I'm thinking of firing that up again. > > > Mike > > > On Tue, Jun 14, 2011 at 9:36 AM, Angel Kwiatkowski > > <[email protected]>wrote: > > > > I'm working up a blog post on all the different ways that coworking > > > spaces can make money. Aside from the obvious ones like memberships, > > > conference room rental and event space what are some other ways that > > > your coworking space brings in money? No amount is too small as every > > > extra dollar and idea counts! > > > > Agnel > > > > -- > > > You received this message because you are subscribed to the Google Groups > > > "Coworking" group. > > > To post to this group, send email to [email protected]. > > > To unsubscribe from this group, send email to > > > [email protected]. > > > For more options, visit this group at > > >http://groups.google.com/group/coworking?hl=en. > > > -- > > "Visithttp://ForCarol.com<http://forcarol.com/> and help us help a Tracy, > > CA student go to college. "Carol Phan Scholarship Fund" > > > Mike Pihlman > > AltamontCowork / ForCarol.com, Inc. > > 95 W. 11th Street, Suite 205 > > Tracy, CA 95376 > > Phone: 209-757-8862 > > Web:http://AltamontCowork.com<http://altamontcowork.com/> > > Twitter: @AltamontCowork > > Facebook:http://Facebook.com/AltamontCowork<http://facebook.com/AltamontCowork> > > Drive Safe! Never Forget http://ForCarol.com<http://forcarol.com/> -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
