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WeWork: Sounds/looks great, but does anyone actually work?

Discussion in 'Business Models, Niches, Industries' started by MJ DeMarco, Jun 11, 2018.

  1. PizzaOnTheRoof
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    PizzaOnTheRoof Seasoned Action-Faker Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Interesting idea!

    I see where they're going with this. Just take a look at this slide:

    [​IMG]

    Sort of an uber/wework hybrid.

    But I think it's FLAWED.

    People won't want to open an app, find a local pod, schedule a time, and pay just to have a quiet space.

    They want to just walk up to one and go in it, do their business, and leave.

    The real opportunity is leasing it commercially to event/convention centers, trade shows, etc.

    All of the event centers I've been to are open floors & loud...terrible places if you want to have a quiet chat, let alone give a presentation.

    Lease 20 of these puppies out at once, line them all up against one wall as "meeting spaces"

    Collect the rent and send some guys to maintain the pods in between events...

    I'm just talking out of my a$$ here now lol
     
    Xeon likes this.
  2. cy-
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    cy- Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER

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    I disagree.

    I would use it in my earlier stages for sure.

    I can see a need for it within very small businesses or startups.

    Only way to truely know is to test it within the market.
     
    PizzaOnTheRoof likes this.
  3. PizzaOnTheRoof
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    PizzaOnTheRoof Seasoned Action-Faker Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Of course. The only way is to test...
     
  4. ProblemOd
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    ProblemOd Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    So I'm not clear on this. Their main product is selling the pods to office space owners, but also the ability for anyone to book it through an app? So someone off the street can just use the pod in what used to be a private office space?

    There's similar spaces (without the pods) in nyc. There's breather.com where you can book ondemand rooms per hour. And some other coworking on demand apps as well. NOT cheap at all per hour.
     
    Xeon likes this.
  5. Xeon
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    Xeon All Cars Kneel Before Pagani. Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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