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by dustyreagan 5888 days ago
I can tell you that what makes coworking magical is it's ability to connect people and create friendships that would otherwise not happen.

Coworking's weakness is the landlord business model is extremely low margin. In the suggested model in the article, $400 per member X 20 members = $8,000 per month. Now consider the rent of a warehouse downtown, utilities, paying someone to run the place, and buildout. It's a quick way to go out of business.

Now, if the coworking space is run as a loss leader for another business, that's another story.

At Conjunctured our other business is happy hours at Rio Rita's. We haven't found out how to make that profitable yet, but we're gonna' keep trying by god! :p

-Conjunctured Co-Founder