At Office Nomads we are 100% coworking memberships. This is for a couple key reasons. We want a model that is simple to manage, simple for our members, that deemphasizes the financial transaction and helps us maintain a sense of "home". I have seen many other models that achieve a similar "feel" and come at the challenges in different ways. For us, simplicity is our primary strategy. We could introduce additional revenue streams with events, private offices, or add-on services, but we choose not to. This helps us stay focused as we are less scattered. It also allows us to have weekends which is essential.
And finally, we intentionally don't call it "rental" as that undermines the real value of our membership. I know wording can be a tricky beast filled with nuance, but another benefit of our tight focus is that we can take the time to evaluate how people respond to the various marketing angles people take. And since we rely on one source of income it's very important we get this right... for the market we are looking to bring in. Jacob On Tue, Feb 9, 2016 at 7:35 AM, Felicity Maxwell <felic...@fibercove.com> wrote: > We do meetings and events in addition to the normal coworking. Our goal > has been to have desk rental / coworking / day passes to cover the majority > of our ongoing expenses. And then use events and meeting room rental as > supplemental income. > > I would say it has taken a while to get the right mix, but now that we are > about 8 months in, that goal is coming into sight. If nothing else hosting > events and meetings has helped us to build our coworking community. So the > benefit to us has been more than monetary. But broadening your offerings > does mean addition work / costs / distractions. And honestly if we had not > found a facility that made hosting events and meetings fairly > straightforward, we would not have included it in our business plan. > > HTH > -Felicity > fibercove > Austin, TX > > > On Monday, February 8, 2016 at 6:45:45 AM UTC-6, M Saltzman wrote: >> >> I am considering opening a local coworking space, and am interested in >> hearing from existing coworking space owners and what percent of the >> revenue comes from sources beyond the basic office space rental. >> Can you provide some insight as to additional ways of generating revenue >> and what percentage of the overall revenue is generated from these avenues? > > -- > 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/d/optout. > -- 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/d/optout.
