What is the cost of renting a place and what is the startup culture like over there (size and actual culture)? I suspect those two combined will have an impact. On Oct 19, 2012 9:48 AM, "David Thach" <[email protected]> wrote:
> Would be interested in everyone's opinion on why coworking has not taken > off in Dallas, TX. > > I have started 2 coworking locations in Dallas this year. We struggled for > some time, started to do well, then we are again not doing so well. > Building community is a big factor that has been written about often. > And, from what I can tell all the founders of past coworking locations > have been passionate about building communities. They have blogged, > discussed, and taken action to try and build community, but their space > nonetheless have closed over time. But, I wanted to learn more about other > factors that might be contributing to the failure rate. > > Within the past 4 years, I have counted 5 coworking locations in Dallas > that have closed, and this year alone 5 have started up in their place. > Although the demand is there, I wonder if the demand is large enough or > growing fast enough to sustain the economics. And, because the barriers to > entry into creating a coworking space is so low, the supply of space by > ambitious entrepreneurs is always ahead of the demand. We were the first to > start up this year on January 1, 2012 and we noticed after each new > coworking space opened this year in Dallas, we lost some ground. > > A rising tide lifts all boats, as more and more people are learning about > coworking. But, I also fear we are chasing the same small group of > demographics that generally float from one space to another. > > -- > Visit this forum on the web at http://discuss.coworking.com > > > -- Visit this forum on the web at http://discuss.coworking.com
