So your coworking space is closing. That super sucks. You’re all entrepreneurs and self starters: problem solvers of the quickest kind. I’m hear to say to you STOP. Do not take action on a lease right now.
I’ve been working on coworking and community in Fort Collins and around the world since 2009. That’s three years before Galvanize incorporated for its first space. At the time of Galvanize’s closing, Cohere was/is on a wait list for membership. I think I’m worth listening to…at least when it comes to coworking in Fort Collins.
Do not make decisions right now.
You’ve had a big crushing blow to your heads when it comes to office space. The great news is, you can office from literally anywhere these days. You could invite your employees into your living room and probably get in a solid day of work. A small gap in well-equipped office space is not a crisis. Spaceships won’t fall out of orbit. DO. NOT. MAKE. DECISIONS. RIGHT. NOW.
All the displaced coworkers need to take a collective deep breath and process what the fuck happened in your spaces and communities. Because you didn’t own the space, you might not understand why your space is closing. On paper, your space closed due to lack of money. In my mind, your space closed due to lack of community and an overzealous interpretation of the market research about how many people wanted to pay $26,000 to learn how to code. The fact that you didn’t know your space was closing until you got the announcement is proof that your space lacked one of the key values of coworking: transparency.
Do not sign a lease and especially don’t try to keep the Galvanize lease.
That Galvanize building will be one of THE most expensive buildings in Old Town. You don’t spend a few million on a renovation and thousand dollar desks to cut a great deal to the poor displaced members. That space has NOTHING to do with Galvanize’s success or failure. Okay, I’ll admit it was absurdly expensive but the space didn’t do much to foster community. At all. Don’t even get me started on the caste system of placing people on higher levels based on how much they could afford. Ugh.
If you love your current startup or business, you will hate being a Community Manager.
I bet you want to start your own coworking space. I bet that feels easy since you’ve been a member of one for a little while. Being a member of a space and running a space are really different. It took me TWO full time years to get Cohere off the ground. Even now, I have a small army of part time people to help me attend to all the details of our relatively small community. If you don’t want to abandon your other job, do NOT start a coworking space. Also, there is far less money in coworking than you might think.
Explore your existing coworking options first.
There are at least three shared spaces in Fort Collins that are not at capacity. Please give those a chance before trying to start your own. The Articulate, Digital Workshop Center, and Office Evolution. The fact that you were all in the same world (startup and tech) is actually a disservice to your companies. You’ll grow more when surrounded by people in different stages of growth including those people who have dialed in their businesses and are NOT in startup mode as well as the freelancers that are keeping everyone’s small businesses afloat.
Hire me so you can have ^^ this many friends in your coworking space.
You don’t have to do this alone. I will encourage and teach you how to engage your budding community before you sign a lease so we don’t have to read about your closure in 18 months. Email me right away to get my $500 one-on-one consulting package. It even includes math worksheets and realistic member growth rates! There’s also another compelling reason to email me right now but it’s a secret until January 1.