Hi Dana, I'm in Portland too. Collective Agency is my only source of revenue. I'm open to expanding the brand to multiple locations. If you might want to collaborate or license, email me at [email protected] Why are you interested in coworking, instead of, say, a restaurant? What do you want your role to be / what tasks do you want to do that you're great at? Alex Linsker, Collective Agency http://collectiveagency.co
On Tuesday, January 19, 2016 at 4:06:09 PM UTC-8, Dana Cofer wrote: > > Matt, > > Thank you so much for sharing this information. I have been working on my > business and financial model to open a coworking space in Portland, Oregon > so this is very timely. It also reinforces what I am seeing in my initial > pass, which is "how can something so right be so unprofitable?" Portland > office space costs don't help where we have to pay $20-25/sf/yr for > anything desirable. So for 6,500 sf I am looking at $10,000 just for rent. > Memberships alone won't pay the bills. > > My research has reinforced the market need for meeting space that is > aesthetic, creative, and flexible. Basically, an alternative to the hotels > that put you in a basement and force you to eat (and pay for) their food. > > I wonder if I should design my model to weigh more heavily on private > offices, meeting space rental, and business support services over communal > desk space. Obviously that is the nerve center for a community, but maybe > shifts to 50% of the space/revenue. > > I guess I am interested in the communities advice for someone wanting to > start a cowork business as their sole business and not have a side job to > put food on the table. > > Thanks for any advice and for being so transparent with your experience! > > Dana > > > On Friday, January 8, 2016 at 4:21:04 AM UTC-8, Matt D. wrote: >> >> Hey everyone. >> >> We just hit the 18-month mark, and we decided to take an honest look at >> how we're doing. Turns out we've had some nice growth, but were still >> losing money. >> >> We've laid it all out - data, financials and some honest analysis of >> what's still gotdoing we're in our coworking business/operations in order >> for us to find profitability - which we will! If you're interested, please >> take a read: >> >> >> http://www.theskillery.com/blog/2015/12/29/we-doubled-our-revenue-in-2015-but-were-still-losing-money-heres-why >> >> Hope you find it useful. Let me know if I can answer any questions! >> Thanks! >> >> -Matt @mattdudleytn, from The Skillery @theskillery >> >> -- 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.
