I go crossed-eyed looking at some rate chats with the hourly model! That head ache alone is worth any member staying a few hours over their monthly allotments, so we've kept is simple. 3 main membership rates and based off our $25/day (membership Fee) + $15/day ongoing . Basic = $25/mth -1 day a month in the space and access to all community events (get's their feet wet and we hope will translate into the next level of membership) Every day after that is $15/day (versions of this plan could be a 1 day/wk plan = $75/mth or 2 days per week = $100/mth. Some have applied for these since launching the Basic+day scenario
Lite Membership = $180/mth = 3 days per week FullTime = $300/mth (27/7) This is the only rate that there's a better bargain - but we're re-thinking it now as Alex has said before Full-time Desks takes a desk "off the market" and therefore can only be rented once, as opposed to a flex desk which can be rent 3-4 times over as the membership won't use that desk at the same time. I'd encourage y'all to try the Basic Membership. Thanks again to Alex for the suggestion. Since we launched the package we've seen about a member a week sign up. It's not big bucks, but most grab it for the year ($275/year - $25 off if they pay for the 12 mths up front) And so the 8 that have signed up so far put $2200 in our bank account. We might see them one month and not the next but they attend our events to network, etc. Well worth the $25 Members can use all meeting space as part of their membership if it's a client meeting during the day and we just ask that they don't go over 2 hours per meeting. Some go a bit over, we let it ride and just monitor space usage for all members as to not have one or two monopolize the space. Meeting space for workshops, classes, clinics and events we charge hourly. Since The Creative Space is not our full-time job, we have to do everything we can to minimize the overhead and workload for administrating it all. Here's a summery of a few of the things we do to minimize the need for costly systems/apps, manpower, etc SImple membership plans Google cal for bookings/events Skype to inform members that "clients are here" (we have 2 floors so the upstairs peeps need some reception support) Members help gather trash for trash day and re-supply toiletries when their low. we just make sure the supply rooms are full Every brings indoor shoes or slippers (has cut down our sweeping mopping time drastically, especially during winter months - (Oh Canada - snow, slush, salt) MadMimi for news blasts Peace, Chad On 2012-01-14, at 9:11 AM, Alex Hillman wrote: > Especially when just getting started, there's a lot of power in "keeping it > simple". It's tempting and easy to create a membership to fit every person, > down to half days and hourly. The problem I've seen with this is that it > creates overhead both for you (in the fact that you need some way to keep > track), as well as your members (they are always watching a clock to make > sure they don't go over). > > Having spoken to people who've been members of both models, membership is > preferred to be as simple as possible. The only thing that people really, > really appreciate in granular hourly pricing is meeting space - which totally > makes sense, it's rare to have half and full day meetings. > > I also like to think about this in terms of membership vs. renter. It's hard > to become a community member an hour at a time - within that hour you need to > do what you're there to do AND start to get to know people. Inside of a full > day, there's far more opportunity for serendipity and social interactions to > happen in addition to a productive work day. The people who have that full > spectrum of experiences are the ones who tend to fall into the camp of > community member. The ones who ONLY want a place to work and have no interest > in community participation are welcome, of course, but tend to stick around > for shorter durations. This also means lower retention, which means more > resources spent on recruiting new butts into seats, and draining your time > and money from focusing on the members you DO have. > > No right or wrong here, of course. As Rachel suggested - having people to ask > how THEY would use the space is really helpful. The trick here is to ask, but > not necessarily do exactly what they say. Sometimes people think they know > what they want, but when it comes down to it, they have no clue because > they've never had it before. The IDEA of hourly usage sounds great to > somebody, but they end up not being the one who uses it. > > The Henry Ford quote "if I'd have giving people what they asked for, I > would've built a faster horse" comes to mind. You have to have people who you > can not only speak to, but who you can actually understand and develop your > model around their needs, not just what they say their needs are. > > -Alex > > > /ah > indyhall.org > coworking in philadelphia > > > On Sat, Jan 14, 2012 at 1:42 AM, CAJ <[email protected]> wrote: > Rachel, > There are a four of us, which is where the discussion comes from. > There are diffrent ideas on the subject. So I thought I would bring > the topic here for feedback. Since this is a new concept that we are > just begining to push. We have the space which we consider phase one, > with two workstaions and 12 basically "hot seats" Phase two is a 3000 > sq ft renivated warehouse. We began by consideing a daily rate as well > as monthly memberships, but thought that people might be more > comfortable with hourly or even half day rate. > CJay > > On Jan 13, 4:43 am, rachel young <[email protected]> wrote: > > Do you have some existing folks from your community that are interested in > > joining together to form a space? If so, ask them and average out their > > responses. They are the ones that will be paying after all. > > r. > > On Jan 13, 2012 12:03 AM, "CAJ" <[email protected]> wrote: > > > > > > > > > Coworking Group, > > > > > Planning coworking space.....Need feedback on hourly vs daily rates. > > > We are in a rural/suburban area outside St.Louis and this is indeed a > > > new concept for most businesses. The concept of coworking is needed in > > > this community. Any suggestions? > > > > > -- > > > 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. > > -- > 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. > > > > -- > 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. Chad Ballantyne The Creative Space Director (705) 252-2423 www.thecreativespace.ca -- 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.
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