[EMS Discuss] Getting funds together for a possible move

Rick Osgood EMAIL HIDDEN
Wed May 22 16:07:31 PDT 2013


I'm seeing some good ideas brewing in here.  Let's keep them coming.  I'm
thinking it will be worth it to stretch our wallets for a couple months if
it give us room to grow.


On Wed, May 22, 2013 at 2:50 PM, Mark Danburg-Wyld <EMAIL HIDDEN>wrote:

> 1) Yes, I'd be willing to take on higher dues for a period to help cover a
> larger space
> 2) I think a sliding scale below $25/month for "Associates" would be a
> fine idea
>
> Some of the other ideas thrown out in email here sound a lot like some of
> the other ideas thrown around in conversation last night - rental
> lockers/reserved space, "corporate" members, etc. Other ideas we threw
> around last night for broader consideration included: some kind of rummage
> sale benefiting EMS; fixing up the RedBull game and renting it to one of
> the arcades; fixing up the RedBull game, changing it to Ducks & Beavers,
> and taking it to the next Civil War game; offering the space as a
> shop/class space for whomever but taking a share of the gate; applying for
> grants/asking for corporate sponsors... I'm sure I'm forgetting others.
> Some of the ideas aren't so viable in the slightly cramped current
> location.
>
> My sense is that yeah, it'll be somewhat painful to cover the costs of a
> big move. But we're all about living on the edge of what's possible, aren't
> we?
>
> Thanks,
>
>
> On Wed, May 22, 2013 at 1:31 PM, <EMAIL HIDDEN> wrote:
>
>>
>> All great ideas.  I would like to add the possibility of, space
>> permitting, renting table space where one could have
>> their own project station that they wouldn't have to tear down each trip.
>>
>> -Darrell
>>
>> > I would be willing to pay more for the right space in the right
>> > location.  The current EMS location isn't very usable for me (too small
>> > and too far away), so I'm really just paying to be part of a club and
>> > support EMS instead of getting access to a space I can really use.
>> >
>> > Another idea I've seen at some other makerspaces is charging a small fee
>> > for some extra benefits.  Renting lockers is one that makes a lot of
>> > sense to me.  Everyone pays the basic membership fee.  If you need some
>> > space for your projects (like me) you can rent a locker - anything from
>> > a shelf to lockable cages of various sizes.  As long as the storage
>> > doesn't cost too much to setup, that is a revenue stream that also
>> > provides one way for people to pay for the amount of use they get out of
>> > EMS.
>> >
>> > Another option is paying a small fee for some of the more popular or
>> > expensive tools (like a 3D printer).  This can be hourly, a monthly fee
>> > for the right to use it, or maybe just a one time fee to get checked out
>> > on a machine.
>> >
>> > Holding classes (soldering, arduino, etc.) for a small fee can bring in
>> > some money, but I'm not sure if there is enough of a market for that.
>> > We should do those anyone once we have a space that supports that, but
>> > I'm guessing that would be more to break even and attract new members
>> > than a revenue source.
>> >
>> > Finally mixing some business memberships could dramatically subsidize
>> > the cost.  EMS is mostly empty on during the day on weekdays, so having
>> > one or more small businesses or individuals make use of the space during
>> > that time could bring in a substantial amount of money.  Think of
>> > something like CodeChops operating out of EMS during the daytime -
>> > geared towards business uses that wouldn't prevent a normal EMS member
>> > from working on projects at the same time.  I myself my consider up to a
>> > couple hundred dollars a month for an arrangement like that.
>> >
>> > Craig
>> >
>> >
>> > On 5/22/2013 9:49 AM, Rick Osgood wrote:
>> >> When we first started EMS we had about 5 people involved.  We all
>> >> decided that in order to get things moving, we would have to bite the
>> >> bullet and rent a space, even though it would cost us each $100 per
>> >> month at the start.  We all came to the agreement that we could each
>> >> afford $100 for 6 months, worst case scenario.  After that if we
>> >> weren't going anywhere, we could cancel the lease and call it quits.
>> >>  The idea was that once we had a space, we would get more members and
>> >> our $100 shares would drop every month.
>> >>
>> >> Well, obviously things have worked out since we now have around 28
>> >> members and all of our bills are covered by dues alone!  However, this
>> >> growth means that we really need to move to a bigger space in order to
>> >> keep growing EMS in a positive way.  Getting a larger space means our
>> >> operational costs are going to go up.  Right now, we are making just
>> >> enough money to break even on all of our bills.
>> >>
>> >> We figure we are going to need an additional $500 to $1000 per month
>> >> (depending on the particular space) in order to afford a move to a
>> >> bigger and better space.  We were talking about several ways to
>> >> accomplish this goal at the Hack your Hackerspace meeting last night.
>> >>
>> >> I have two questions for the members.
>> >>
>> >> 1) Are any members interested in joining that "financial backers"
>> >> group?  This is the group of members who agree to split the difference
>> >> on the bills so we can afford to keep growing our organization into
>> >> something even more awesome.  It's hard to say right now what the
>> >> monthly cost would be, since we don't have a particular space lined
>> >> up.  But we would most likely try to keep it under $100 per month per
>> >> person in order to actually move forward on a new space.  And we would
>> >> try to get a 6 month commitment so we can back out after that time if
>> >> we just can't afford it any more.
>> >>
>> >> 2) We are considering introducing a sliding-scale membership.  The
>> >> idea here is that the lowest "tier" would be $25 per month.  Then
>> >> there would be additional tiers above that price.  All members would
>> >> still have equal rights and access.  You wouldn't get anything extra
>> >> for paying more.  But this model allows members to who get a lot of of
>> >> the space to pay what they think their membership is worth to them if
>> >> they can afford to pay more.
>> >>
>> >> What are your thoughts?  Would you be interested in belonging to one
>> >> of these groups?  Do you have other ideas for how we can increase our
>> >> monthly income to afford a better space?
>> >>
>> >> Rick
>> >>
>> >>
>> >>
>> >>
>> >>
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