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) >> > -- 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 [email protected]. For more options, visit https://groups.google.com/d/optout.

