[Coworking] Re: MBA student: Confused about Profitability of Cowroking?

2009-10-31 Thread Kelly Brown
Hi Cam, BTW - can't get much more of an authority on coworking than Alex. But figured I'd share some of our learning as well as we just completed our 1st year in Akron and are preparing to open a 2nd location in a nearby city (Cuyahoga Falls). >>Do you break even? *Just about* - I expect we'll b

[Coworking] Re: MBA student: Confused about Profitability of Cowroking?

2009-10-31 Thread Tara Hunt
Citizen Space (San Francisco est. November 2006) Do you break even? Mostly...that is the goal. Sometimes we do, sometimes we fall short. If you go beyond break even, is it by much? If and when we go beyond breaking even, it's only by 1/2 month ahead. This makes saving for a rainy day (2009 had

[Coworking] Re: MBA student: Confused about Profitability of Cowroking?

2009-10-31 Thread Mike Schinkel
On Oct 28, 2009, at 6:55 PM, Alex Hillman wrote: > People - investing in our community is the other half. > People leads to profit. Profit doesn't necessarily lead to people. > Involving the community in the operations of the business has been a > part of our secret sauce. Thanks for sharing t