> > I'm just upset that the person i talked to shut me down before i even > explained fully what we intend to do.
Welcome to the world of entrepreneurship. If you're not getting shut down once in a while, you're probably not trying hard enough ;) -Alex -- /ah indyhall.org coworking in philadelphia On Thu, Apr 25, 2013 at 5:42 PM, Rena Tom <bob...@gmail.com> wrote: > good idea, will talk to Mike. > > I'm just upset that the person i talked to shut me down before i even > explained fully what we intend to do. > > > On Thu, Apr 25, 2013 at 2:38 PM, Alex Hillman < > dangerouslyawes...@gmail.com> wrote: > >> That totally makes sense. >> >> FWIW, there's an argument that could be made that coworking helps its >> members grow their businesses and that when those businesses grow they're >> likely to hire. If you're describing your business as a desk >> rental/subscription rental model, it makes sense from Jerome's description >> that you should get turned down. But if you describe how your business >> model can be a catalyst for economic development (we talked about this in >> last friday's Office Hours, video here: >> http://www.youtube.com/watch?v=roBKm87wc6U), you may have a stronger >> case. >> >> At any rate, rather than speculate, I would reach out to Mike Maher from >> Benjamin's Desk and ask about his SBA application and see how he pitched >> it. He's a super nice guy and I'm happy to have him as a neighbor here in >> Philly :) >> >> >> -Alex >> >> >> >> -- >> >> /ah >> indyhall.org >> coworking in philadelphia >> >> >> On Thu, Apr 25, 2013 at 5:26 PM, Jerome Chang <jer...@blankspaces.com>wrote: >> >>> Alex, my understanding is that the govt is backing these bank loans. So >>> the govt would want businesses to hire people to run the operations, not a >>> kick-back-and-collect-revenue biz model. >>> >>> Yes you could sell magazines and stuff, but that would have to amount to >>> a lot of revenue...at least equal to the coworking memberships. 1 desk = >>> $500, vs 100 magazines @ $5 each. Multiply by at least 20 desks. Print >>> magazines are dying so... >>> >>> Rena, it's possible to convince some loan officer to convince the loan >>> committee and therefore the SBA approval process, but it'd be an exception >>> than the rule. >>> >>> Jerome >>> www.BLANKSPACES.com >>> >>> On Apr 25, 2013, at 2:15 PM, "Randall G. Arnold" < >>> randall.arn...@texrat.net> wrote: >>> >>> Which would support the idea of hosting a deli and/or magazine and >>> other related sales activities onsite. Is training considered passive? >>> After hours rentals? >>> >>> Randy >>> >>> >>> On April 25, 2013 at 4:05 PM Jerome Chang <jer...@blankspaces.com> >>> wrote: >>> >>> An inside source once told me that the SBA doesn't finance operations >>> based on passive income. Gyms with passive membership fees get away with it >>> because they have a lot of trainers, retail sales, etc. >>> >>> So unless you can prove that more than 50% of your business is not >>> passive, you're out of luck. >>> >>> Jerome >>> www.BLANKSPACES.com >>> >>> On Apr 25, 2013, at 1:58 PM, Rena Tom < bob...@gmail.com> wrote: >>> >>> Help me out, all. I just had a conversation with the NYBDC (New York >>> Business Development Corporation) which works with the SBA on lending. They >>> said the SBA won't fund coworking spaces because it's too much like a >>> landlord/subtenant situation which is not in their charter. >>> >>> Have any of you taken a SBA loan for your space? This just sounds wonky >>> to me. >>> >>> Rena >>> >>> >>> -- >>> Visit this forum on the web at http://discuss.coworking.com >>> --- >>> You received this message because you are subscribed to the Google >>> Groups "Coworking" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to coworking+unsubscr...@googlegroups.com. >>> For more options, visit https://groups.google.com/groups/opt_out. >>> >>> >>> >>> >>> >>> >>> >>> -- >>> Visit this forum on the web at http://discuss.coworking.com >>> --- >>> You received this message because you are subscribed to the Google >>> Groups "Coworking" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to coworking+unsubscr...@googlegroups.com. >>> For more options, visit https://groups.google.com/groups/opt_out. >>> >>> >>> >>> >>> >>> Randall (Randy) Arnold >>> Developer and Enthusiast Advocate >>> http://texrat.net >>> +18177396806 >>> >>> -- >>> Visit this forum on the web at http://discuss.coworking.com >>> --- >>> You received this message because you are subscribed to the Google >>> Groups "Coworking" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to coworking+unsubscr...@googlegroups.com. >>> For more options, visit https://groups.google.com/groups/opt_out. >>> >>> >>> >> >> -- >> Visit this forum on the web at http://discuss.coworking.com >> --- >> You received this message because you are subscribed to the Google Groups >> "Coworking" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to coworking+unsubscr...@googlegroups.com. >> For more options, visit https://groups.google.com/groups/opt_out. >> >> >> > > -- > Visit this forum on the web at http://discuss.coworking.com > --- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to coworking+unsubscr...@googlegroups.com. > For more options, visit https://groups.google.com/groups/opt_out. > > > -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/groups/opt_out.
