Some people gather 'letters of intent', which is a totally non-binding
agreement to "maybe possibly pay you for your goods and services once they
are available". I've found this approach to be a false sense of security and
"readiness", and generally sends the wrong message to prospective members.
What's the incentive to them to sign an LOI? Nothing, really. It's all about
*you*.

I am a HUGE supporter of "members first" - but rather than asking them to
sign a LOI, which is likely to turn lots of people off in the first place,
get them *involved*. Welcome them to help with the planning, and eventually
the execution. Make it all about *them.* That buy in is far more valuable
(and convertible) than a non-binding signature.

/ah
indyhall.org
coworking in philadelphia
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On Mon, Sep 26, 2011 at 1:22 PM, Jonathan Yankovich <
[email protected]> wrote:

> What is a "pre-membership" agreement?
>
> Wouldnt anything that is conditional on membership be part of the
> membership agreement?
>
> Jonathan
>
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