COWORKING CASE STUDY: CAN I MAKE MONEY ON A COWORKING/ COWAREHOUSING SPACE?

The following question was posted to the Everything Coworking Facebook Group. It’s a hefty question that requires a response too long and detailed for a Facebook Group, so I thought I’d answer The Poster’s questions here. First, there are a couple of Everything Coworking podcast episodes that I suggest the Poster, and anyone with similar […]
5 STEPS TO CREATING A COWORKING MEMBER EVENT PROGRAM

The topic of member events is always a hot one for new operators and for experienced operators that know that those that play together stay together. Our new Community Manager University group has been sharing member event wins in our private Slack Group and some questions have come up from the newer folks in the […]
YOUR COWORKING BUSINESS IN 2020: 5 THINGS TO FOCUS ON TO DRIVE GROWTH AND MAKE AN IMPACT

WHAT’S THE GOAL OF FOCUSING ON THE RIGHT THINGS IN 2020? 1. Get more members 2. Keep more members 3. Make an impact and meet your financial goals Get more members: Most of us are always looking to add to our membership – more members is generally good for our bottom line and good for […]
THE DANGER OF 5 DAY AND 10 DAY COWORKING MEMBERSHIP PASSES

THE TENSION… TELL ME IF YOU CAN RELATE? You open your coworking space. You want to sell memberships. No, “want” doesn’t quite describe the feeling… You are desperate to sell memberships. You open with expenses and quickly need to build revenue to cover them. You tour people that are candidates for a coworking membership but they […]
WHY A BONUS STRUCTURE MAY NOT MAKE SENSE FOR A COWORKING COMMUNITY MANAGER

When operators hire Community Managers, they have often been running the space themselves for some time and get really anxious about replacing themselves with someone who cares as much as they do about the business. One way to align interests is to create a bonus structure that rewards the community manager based on revenue, or […]
CORONAVIRUS IMPACTS ON COWORKING SPACES

WHAT IS THE RISK OF CORONAVIRUS TO OUR COWORKING BUSINESSES? In this post, I want to help you get your business better prepared for unexpected stress such as the Coronavirus. We will cover: If you aren’t feeling the impact of the virus, you are likely in a geographic area that has not had many […]
WHO DO YOU SERVE IN YOUR COWORKING SPACE?

If you are working on opening a coworking space, the single most important step you can take to ensure your success is to determine very precisely the profile of your target member. If you do that, and then make all following decisions based on that profile, then you are set up for success. If you […]
10 TIPS FOR GETTING STARTED WITH VIRTUAL MAIL

1. THE DEMAND IS REAL For those of you with no experience with virtual mail, the demand can seem very mysterious. Trust that the demand for virtual mail is real. Davinici Virtual Office Solutions hosts (as in pays for) a big industry party for four days in Park City each year to thank their best […]
GOOGLE MY BUSINESS TIPS FOR COWORKING SPACE OWNERS

THIS VIDEO TALKS ABOUT: Coworking space owners and community managers: Do you let your members use your address for their Google my Business listing? Are you charging them enough to get access to your #1 marketing asset? This video shares best practices on when to allow members to use your Google my Business listing and […]
HIRING COWORKING COMMUNITY MANAGERS

THIS VIDEO TALKS ABOUT: