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320. Are Small Coworking Spaces Profitable?

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Manage episode 379506276 series 1007930
Content provided by Jamie Russo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jamie Russo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode focuses on aligning your coworking space size with your goals. It covers topics such as the importance of understanding your business model, considering different goals for your space, diversifying income sources, and understanding the profitability of small spaces.

Highlights:

  • Considerations regarding the cost and profitability of small coworking spaces.
  • Learning from Brian Watson and his experience with smaller, automated locations.-
  • Different goals for creating a coworking space, such as fostering community or generating profit.
  • The need to align your business model and strategy with your desired goals.
  • The importance of understanding real estate costs, pricing, staffing, and unexpected expenses.

Resources Mentioned in this Episode:

Brian Watson episode on automating small coworking spaces

Everything Coworking Featured Resources:

Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space

The Coworking Startup School

The Everything Coworking Academy

Community Manager University

Follow Us on YouTube

  continue reading

124 episodes

Artwork
iconShare
 
Manage episode 379506276 series 1007930
Content provided by Jamie Russo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jamie Russo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode focuses on aligning your coworking space size with your goals. It covers topics such as the importance of understanding your business model, considering different goals for your space, diversifying income sources, and understanding the profitability of small spaces.

Highlights:

  • Considerations regarding the cost and profitability of small coworking spaces.
  • Learning from Brian Watson and his experience with smaller, automated locations.-
  • Different goals for creating a coworking space, such as fostering community or generating profit.
  • The need to align your business model and strategy with your desired goals.
  • The importance of understanding real estate costs, pricing, staffing, and unexpected expenses.

Resources Mentioned in this Episode:

Brian Watson episode on automating small coworking spaces

Everything Coworking Featured Resources:

Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space

The Coworking Startup School

The Everything Coworking Academy

Community Manager University

Follow Us on YouTube

  continue reading

124 episodes

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