Alex Hillman answered a question about membership turnover. Turnover There seems to be a high turnover in coworking because people are more flexible. They change jobs, can come and go when they want, etc. However, sustaining members at Indy Hall has been successful because they have never been about being just a workplace. The physical workplace is only part of what they do. Why People Leave Pay attention to why people are leaving and look for patterns. One of the…
An Outsider’s Perspective on Coworking
After spending a little over a month in a coworking space in suburban Ashburn, Virginia learning about the world of coworking from various conferences, podcasts, and personal experiences, I have put together an analysis of the industry. In this analysis I will focus on Alex Hillman’s podcasts from Dangerously Awesome. [caption id="attachment_2148" align="alignnone" width="300"] Coworkers at a Desk[/caption] Community From what I have heard, people who are heavily involved in the industry seem to think that coworking has the power…
Alex Hillman Podcasts Episode 31: Moving Plans
Adam Teterus and Alex Hillman continued their discussion from the previous episode on including the community in the decision making process. Acknowledgement Acknowledgement for what your community wants is important. The community wants to feel as though they are part of the decision making process. Every decision has an outcome and you do not know how it is going to play out until it is made. People often miss out on the dialogue that can happen during the decision making…
Conferences & Summits as Alternative Revenue
Are coworking spaces wildly profitable? Is it a lifestyle business?- Sajid Have you ever been to a co-working conference? I have attended many over the years. There are three main conferences globally; GCUC conference which is now global, Coworking Europe and CU Asia. These conferences are organised by co-working space operators and I have been wondering, why do they do it? Are coworking spaces actually making money and if so, why are operators organizing conferences? It’s a huge job organizing…
Alex Hillman Podcasts Episode 30: Indy Hall’s Move
Adam Teterus joined Alex Hillman to discuss Indy Hall’s move into a new home. They talked about choices and priorities, and evaluating pros and cons. Timeline The odds were that no place would be move in ready within their price point. Renovations were going to be needed. This started to put their timeline at risk. When starting out, most people invite a timeline. Unfortunately, there were outside constraints that applied to Indy Hall. Their lease is expiring so the new…
