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How to monetize your Coliving space
Manage episode 396103025 series 3505371
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Gareth and Daniel peel back the layers on monetization strategies that aim to keep your coliving venture vibrant and profitable. Discover the secret sauce to balancing revenue generation with maintaining an inclusive, dynamic space that benefits both residents and the local community. We talk rent, revenue-sharing, and the creative uses of communal areas that can boost your bottom line.
Dive into the heart of coliving spaces as we explore their symbiotic relationship with local communities. Opening up amenities like coworking spaces and gyms to non-residents isn't just about expanding your revenue streams—it's about crafting a community hub that thrives on integration and mutual benefits. Learn how to strike the perfect balance between exclusivity for residents and accessibility for locals, all while keeping the cash flow healthy and sustainable.
Venture into the groundbreaking realm of a ColivingDAO Federation, where autonomy meets collective strength. As each community in the federation flourishes, so does the value of your coliving space, creating a continuous revenue stream even as residents transition between locations. Wrap up with us as we reflect on these innovative concepts, urging you to think differently about community building and the financial longevity of your coliving business. Join the conversation and be part of this transformative movement in coliving.
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