Thanks so much for sharing Angel! Transparency is much appreciated here and it certainly doesn't look like you pulled any punches on sharing numbers. Most importantly, you're honest and open about this being a long haul and not being profitable yet.
These are some fantastic infographics and they're wonderfully embedded and animated on the page itself. Who did you work with and what tool did you use to create them? A few questions about the member data: 1. How did you get the data on the $20/hour price being just right? 2. Do you have any data on how much easier this made their lives? Or how much more music they got to make or concerts they got to play as a result of Cohere Bandwidth? Any other awesome impacts this resource is having on people's lives? Thanks and great post Angel! oren On Saturday, February 27, 2016 at 11:56:55 AM UTC-6, Angel Kwiatkowski wrote: > > We've always intended to release our numbers but we've been too young to > actually have enough data to do anything with. Cohere Bandwidth: rock solid > rehearsal space is now 8 months old. We built community and awareness from > Feb 2013 to now and didn't open until June of 2015. > > Caveats: our rent is super low for where we are in Fort Collins, CO. We're > in a real estate boom again. The first Cohere (coworking) location opened > just 1/2 block from where Bandwidth is 6 years ago. We paid $12/ft2 gross > for a 1,000 ft space. Fast forward 6 years and the going rate for > commercial real estate is now somewhere between $24-$35/ft2 depending. We > pay just under $12/ft2 + $600/month repaying our landlord for $120,000 > buildout over the course of 10 years. So, we have a sweet deal. Unheard of > really and frankly the only thing that keeps us going. > > We have yet to see an excess in revenue for any given month. Luckily the > Cohere office space is doing REALLY well and is Bandwidth's sugar momma > right now. Enjoy the post and wait a hot second for the big infographic to > load. http://coherebandwidth.com/blog/backstage-pass-stats-financials/ > > Love, Angel > -- 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 [email protected]. For more options, visit https://groups.google.com/d/optout.
