Hi Tom,

I think this was very helpful and gives some perspective on what coworking
was like back in 2013.

Just wondering when did you quit the coworking business and what made you
do that (assuming you quit based on your answer).

Thanks!


*Andrew Andreev I OfficeRnD*
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On Wed, Jan 23, 2019 at 10:36 AM Tom Ball <t...@tom-ball.com> wrote:

> Hi Uwe
>
> I had a space of 6,000 sq ft initially - so hopefully relevant...
> It was in London in 2013 - so the world will have moved on - but my
> instincts are that some lessons relevant:
>
> Controversially, my experience suggested it wasn't "the first coworking
> space in the area" so much as "one more serviced office" with a slightly
> different model...
> Therefore our demand was based more on the gaps in local supply than some
> magic formula
>
> It feels like markets take a long time for mature - meaning it takes a
> long time for the many people looking for an office to know, understand,
> want coworking instead
>
> We were relatively cheap - so actually got a lot of people who wanted a
> posh serviced office but "accepted" coworking - some grew to love it, some
> didn't
>
> Here are the plans of that building - really funny looking back at them!
>
> There was demand for 2+3 person offices - but the economics aren't great -
> as you've still got to build a door
>
> We also put our fixed desks in banks (far left) with storage between them
> - so they were in clusters - and got teams of "4" very happily having an
> "area" rather than an office with a door - although I think many of them
> would have rather had a door.
>
> Hope that helps
> Tom
>
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