Karen, thanks for sharing!  Can you tell me why getting the campaign is so 
time-consuming?  It is wordsmithing, getting together photos, or something 
else?  Are you producing a video?  It seems straight forward, but I know 
from experience that things are usually harder than they seem.

Eric

On Wednesday, May 13, 2015 at 10:57:00 PM UTC-4, Karen Ruane wrote:
>
> Hi Eric,
>
> I am opening a space in August and will be launching a Kickstarter 
> campaign on June 1. I've studied quite a few  Kickstarter campaigns for 
> Coworking space, most of which were successful. It's true, the rewards are 
> different because we don't have much of a product to offer. However, 
> there's lots of room for creativity in rewards. We will offer things like 
> short term memberships, art from members who've already signed up, 
> advertising in our space or in our media, Swag with our logo on it... We 
> made sure to create incentives for both local potential clients and 
> everyone else who likes the idea of promoting the coworking industry. 
>
> There aren't many pitfalls to trying to crowd-fund. Of course, you 
> shouldn't abandon other avenues for raising capital, just in case you 
> aren't successfully funded. And then there's the work of it - I've been 
> working on this campaign for over a month and it is still not ready to 
> launch. Doing it right is quite a commitment and takes hours and hours of 
> work. But other than that, I'd say go for it!
>
> Time will tell if I'd repeat that advice!
>
> Best of Luck,
>
> Karen
> http://www.thewildsbend.com
>
> On Tuesday, May 12, 2015 at 8:59:43 AM UTC-7, Eric Lituchy wrote:
>>
>> I am new to the Cowork world and find this group to be an amazing 
>> resource.  Thanks in advance!
>>
>> In July, I am opening a coworking space on Long Island.  I am currently 
>> working on building the community and already have 6 people onboard.  I 
>> thought of raising some capital from friends and family, but started to 
>> think that crowdfunding (Indiegogo, Plumfund, etc.) might be a better 
>> option. Capital will be used for rent, furniture, technology, etc.
>>
>> My questions:
>>
>>    1. Does crowdfunding make sense as a way to fund a startup coworking 
>>    space? My primary goal of the crowdfunding would be to get new 
>>    members to invest in our community.  
>>    2. I expect to offer membership deals(ex. Contribute $1000 and get 
>>    3-months of cowork space), "Hardship" contributions to give out-of-work 
>>    individuals free coworking space and media/press mentions for larger 
>>    contributions.  Any thoughts on this?  Other ideas?
>>    3. Any potential pitfalls of going the crowdsourced route?
>>
>> Any additional advice is sincerely appreciated.
>>
>> Thank, Eric
>> Long Island Cowork (Finaly name TBD)
>>
>

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