Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-19 Thread Matt D.
I have a hard time imagining the data being valuable enough to sell - and I doubt that's an avenue we'd ever pursue - but it's certainly an interesting thought. Certainly, we'd participate in some sort of data exchange, if it were available. Who wants to build it?? =) MD On Monday, January 1

Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-18 Thread Jerome Chang
FYI, the hotels do it via some data company(ies) who then sell the data so everyone knows the competition. Anyone know how they initially got started way back when? JEROME CHANG CENTRAL: Mid-Wilshire 5405 Wilshire Blvd (2 blocks west of La Brea) | ph: (323) 330-9505 EAST: Downtown 529 S. Broa

Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-09 Thread Matt D.
Hi Alex. Many thanks for the kind words. About the graphs: - First, we make decisions about which data points to include. We could have included 100 graphs in here, but this data seemed the most relevant. - Second, we scrub our data to be usable. We've got spreadsheets galore beh

Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-09 Thread Matt D.
Hi Jacob. Glad to hear it was helpful! I'd be interested to see the data you present, if it's something you're comfortable sharing. I'm sure there's much to be gained from picking through eight years of data. Best, -Matt On Friday, January 8, 2016 at 10:55:49 AM UTC-6, Jacob Sayles wrote: >

Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-08 Thread Jacob Sayles
This is great stuff Matt. We just came through our 8th year and I compiled 98 months of data to present to an advisory group of members next week. Susan is taking the data and making it all in to pretty graphs. I gained a lot of inspiration from your post. We are discussing succession planning s

Re: [Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-08 Thread Alex Hillman
Another really insightful post, Matt! I have an adjacent question...how are you doing those awesome graphs? -Alex -- *The #1 mistake in community building is doing it by yourself.* Join the list: http://coworkingweekly.com Listen to the podcast: http://dangerouslyawesome.com/pod

[Coworking] Our first 18 months: we doubled our revenue, and we're still losing money.

2016-01-08 Thread Matt D.
Hey everyone. We just hit the 18-month mark, and we decided to take an honest look at how we're doing. Turns out we've had some nice growth, but were still losing money. We've laid it all out - data, financials and some honest analysis of what's still gotdoing we're in our coworking business/