138. The Danger of 5 Day and 10 Day Coworking Membership Passes
Welcome to the Everything Coworking Podcast episode number 138!
What's the danger of selling 5 and 10 day passes?
You open your coworking space. You feel desperate to sell memberships to cover expenses. Tour candidates haven't committed to full time membership.
You provide tours to candidates for a coworking membership but they don’t want to commit to full-time. You are carrying the anxiety of living through uncertainty.
So you cave and sell a bunch of 5 and 10 day passes.
Selling 5/10 Day membership passes can be dangerous to your coworking business...specifically your bottom line.
I totally get the temptation to sell flexible memberships...that is MORE flexible than month to month which is already crazy flexible. We want to serve anyone that wants to be a part of our community! I have been there, done that and learned the hard way.
In this episode, we discuss:
- Why we are tempted to sell uber flexible memberships
- The math that makes them dangerous -
When there's a time and a place for very "light" membership options
Resources mentioned in this Podcast:
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