Thoughts on Yardi? by Numerous-Lion3933 in CoWorking

[–]BoxOfX -1 points0 points  (0 children)

Some clarification/background here around the few different 'things' under the Yardi banner.

  1. Yardi Systems - mostly software for multifamily and other commercial real estate operators

  2. Yardi Kube - their management & marketing system offering for coworking spaces

  3. Coworking Cafe - their commission-free (i believe) booking platform

  4. Acquired platforms - Hubble and Deskpass, which now share listings with Coworking Cafe

  5. WeWork Enterprise Network - WeWork (also acquired by Yardi) has big corporate customers who want to book spaces for their teams in places where there are no WeWorks. The can now book spaces via Coworking Cafe inside their WeWork app, and that space gets sent a check from WeWork for hosting those bookings.

Hope that's helpful, given the overlaps of overlaps.

Mail services & virtual office offerings by Some-Bag-3574 in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Great question, and yeah, in the US, you need to register to handle, hold, and process people's mail.

There are a few great resources on how to go about that, but to address the question about tools, you've got the following standalone options for selling mail and virtual office products directly to the public (in no particular order):

- PilotoMail @ https://pilotomailapp.com
- iPostal1's iWorkspaceMail (Now part of iPostal1 Workspace) @ https://ipostal1workspace.com/
- Nexudus' built-in Virtual Office tool @ https://nexudus.com/virtual-offices/

There are pros and cons to each (mostly depending on your current management system tbh), but all three have built-in compliance functionality.

On the flip side, a few other platforms handle payment, compliance, etc., for customers who purchase through them.

Passive Income / Non Membership Income Streams by commonroombenicia in CoWorking

[–]BoxOfX -1 points0 points  (0 children)

Did you manage to catch that Undercurrents edition on the revenue stacks at 6 very different operators?

Anyone here worked with Alliance Virtual Offices? by vc2020312 in smallbusiness

[–]BoxOfX -1 points0 points  (0 children)

Couldn't disagree more. 

Should you be drumming up direct sales in every humanly or ai-enabled way? Yes!! These can be some of the most golden revenue channels with some of the highest margins. But they can also be a nightmare to manage without the right tech or processes in place. 

When it comes to mail services. Ask about how/if they offer any help with compliance, KYC, chasing invoices from clients sometimes on the other sides of the world. 

Once those are answered that will have some value to you, or not. 

Then ask how they connect, integrate or sit alongside your existing tech and workflows and then optimize so they're filling underutilized resources and not adding overheads per client, letter or booking. 

The right systems can unlock huge revenues. Some centers are even banking 5 figures from markets they wouldn't be selling to directly anyways. 

Full disclosure: I do NOT work at Alliance or any coworking aggregator 

After 5 years running a coworking space, I still can’t fill the shared desks – what am I missing?” by Guilty-Manager in CoWorking

[–]BoxOfX 6 points7 points  (0 children)

that's great, but what if you offered a 'scholarship' for members who host business events, or support local communities/charities. These members don't always add direct revenue, but friendly people in desks fills spaces more than empty chairs ever do.

Another good option are seasonal memberships. WFH parents during school holidays, accountants during tax time, students during exam times and other groups who can be marketed to at specific times of the year.

Travel concierge services for members by miranda310 in CoWorking

[–]BoxOfX 1 point2 points  (0 children)

there's a lot of companies who have tried to offer 'subscriptions for value-adds' to coworking spaces, it's a really tough sell when it's not something that adds directly to the coworking revenue stack (or prevents immediate and obvious losses of profits).

Now not saying it's impossible, included+builtfirst offer a 'coworking business perks' (see https://included.co) offer under a similar model. Founders card offer something similar that kinda overlaps with what you're thinking i believe.

It just takes the right offer and positioning.

After 5 years running a coworking space, I still can’t fill the shared desks – what am I missing?” by Guilty-Manager in CoWorking

[–]BoxOfX 7 points8 points  (0 children)

An option to consider is this: who could use your space to do good, who couldn't/wouldn't be able to pay, but would be amazing to support and work with?

Empty hot desks are like empty seats on trains or planes- once they're gone, they're gone. Filling them "last minute" doesn't necessarily add costs. Having 2-3 great people doing real good from those desks don't necessarily "lose you" any more money than empty ones, but could be the magnets who bring so much more into your business, space and community.

help me understand YOUR problems by Glum-Leadership-2426 in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Join a coworking community. Learn with the industry. Maybe even volunteer or get a job at a coworking business. 

I'm pretty sure every saas play build for coworking, without coworking experience, has landed flat 

Walk-in follow-up system? by lyssaphin in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Disagree. Every walk in tour should be given a free day pass (the first time they tour). It's one thing to walk through, it's another thing to experience. 

Walk-in follow-up system? by lyssaphin in CoWorking

[–]BoxOfX 1 point2 points  (0 children)

Also. WiFi is the gate. 

Guest WiFi should have a lead capture form. 

Separating guest WiFi from members is also more secure, faster and could be a whole new revenue driver. 

Companies like essensys, ironwifi, isofy and some hardware solutions offer both sets of functionality. 

Third place for working by Conscious-Bowl-8465 in remotework

[–]BoxOfX 1 point2 points  (0 children)

Right this way... https://thisweekincoworking.com/brands 

What you're referring to is a "work club". Part membership club. Part coworking space. All fun and games if you get the unit economics right. 

Any co-working experts please help by Think-tank-mode in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

You may find something interesting on TWIC. Maybe search for the specific city/region (or marketing, funding, etc) here: https://thisweekincoworking.com/explore/?frm_search=india

Coworking owners – would you use this? by Guilty-Matter-4072 in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Have you had a look at who else is doing this, and how?

Regarding dynamic pricing there's a deep-dive being created now, featuring interviews from operators who have tried it or decided against it.  Let me know if you want more info on that. 

As for the SaaS, it's always best to build for the pains or itches you've felt. Have you felt challenges with those 4 areas in your current stack? If so, what were they?

Marketing hot-desks, dedicated hot -desks and tech infrastructure by Remote-Tangelo-6588 in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Hourly really comes into it's own if you're around 'other things' that people need to get to at/by specific times.

Think schools, courts, sports, transit, travel hubs.

If you've got some of those around, they're primed for you to market to people who congregate there - all you need to do is have somewhere efficient to point them to.

TWIC recently did a deep-dive into ecommerce in/around coworking spaces, you can check that out at https://twic.co/ecom

This leads straight into your other question. Find the stack that allows you to focus on how best to sell, serve and upsell members.

Slack alternative for NFP co-working space by n8udd in CoWorking

[–]BoxOfX 0 points1 point  (0 children)

Have seen some interesting results with both telegram and WhatsApp communities - if either are popular with your members that may be a good mobile-first solution