Vince Pan (pictured on the right), Founder of Analogue Studio talks about how to use design to activate your coworking space and help its members thrive. Three Main Phases There is no single solution. You need to approach design for every market and culture differently. Vince broke design down into three main phases: Define your tribe. Who are you catering to? Who do you want to bring into your space? What kind of community are you looking to build? Define…
On day 3 of the conference there was a breakout session led by Neal Gorenflo, the Cofounder, Chief Editor, and Executive Director of Shareable. About Shareable: Shareable believes in the sharing transformation. It’s goals include building a green economy that serves everyone and creating meaningful lives together to show that it is possible to govern ourselves. Shareable wants to solve the issues like poverty and global warming through collaboration. A Career In Sharing Neal notes that there is a lot…
On day 2 of GCUC Nate Heasley, Executive Director of All Good Work, discussed how to give a coworking community purpose. Social responsibility is becoming increasingly important and should be incorporated into coworking spaces. Social Responsibility Anti-Harassment and Equity When asked, very few people in the conference room confirmed that they have implemented an anti-harassment policy in their space. A good space needs to be able to set standards for their community’s behavior and make sure that their members understand…
The Founder of Blank Spaces, Jerome Chang, constructed a financial model for a coworking space with the GCUC attendants. Below is a review of the lecture. Internal Rate of Revenue (IRR) is how much you want to earn on an annual basis based on the amount of money you put in. There are about five traditional ways generate revenue: Meeting Rooms Largest hourly revenue, largest upfront cost, and variable occupancy 6-8 people rooms tend to fair better than the larger…
On day 2 of GCUC Jamie Hodari, CEO and Cofounder of Industrious, talked about how to secure investor funding. About Industrious Industrious was launched when Jamie was running a hybrid, half online and half offline university network in East Africa. He reported having done five fundraising rounds totaling $150 million. Industrious now has locations in 25 locations. Five Steps to Raising Capital When trying to find capital, there are five basic steps. The first step is to determine if you…
