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Creating a Partnership Program for your Coworking Space

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A quick overview about how to choose the right Partnerships for your Coworking Space and how to negotiate them as a Coworking Founder

Published in: Leadership & Management

Creating a Partnership Program for your Coworking Space

  1. 1. www.betahaus.com www.onecoworking.com Creating a Partnership Program for your Coworking Space Coworking Academy - CUASIA 2018
  2. 2. Hello, my name is Christoph I am a serial entrepreneur, coworking enthusiast and passionate surfer living in Berlin. 10 years ago I started betahaus, one of the first coworking spaces in Europe. I am the CEO at betahaus, guiding strategy and growth. A year ago I founded One Coworking to create a decentralised global Coworking Membership working everywhere in the world and connecting the coworking communities to each other.
  3. 3. What is betahaus ● a community of thousands of coworkers in Europe ● one of the first coworking spaces on the “old continent” ● grassroots, events-centered, creative and entrepreneurial ● locations in Berlin, Hamburg, Barcelona, Tirana*, Milan* ● breeding ground of betapitch, betahaus X, Hardware.co Accelerator more at www.betahaus.com
  4. 4. What is One Coworking ● an app that let’s coworking members roam between spaces worldwide for free (like a coworking visa on steroids) ● a way for local independent coworking spaces to be like WeWork and offer a worldwide service ● a new type of distributed organisation that is co-owned by coworking spaces worldwide through blockchain technology more at www.onecoworking.com
  5. 5. Let’s talk about Partnerships www.betahaus.com www.onecoworking.com
  6. 6. Why would you engage in Partnerships? ● to boost revenue / earn more money ● to bring more members to the space ● free advertising ● to support members / make customers happier ● to make employees happier ● to engage with important stakeholders you have a future interest in (city hall, corporations, political parties, etc…)
  7. 7. Sponsorships, Corporate Deals, Wholesale Memberships, Hotdesking Platforms Revenue Boost Partnership Examples Support Members Free or discounted products, Workshops, Course Programs, Infrastructure, Special Access to Accelerator Programs, Access to Tools, Events etc... Support Employees Language Courses, Mobility Solutions, Career Opportunities, Free Food Engaging with stakeholders Joining of Networks, Roundtables, Development Programs
  8. 8. Example 1: Immobilien Scout Company with 500+ employees wants to get more innovative through coworking ● Employees can work from betahaus (Daytickets) ● betahaus organizes “inspiration talks” at Immobilienscout headquarter ● betahaus designs innovative space at Immobilienscout headquarter ● betahaus helps to design accelerator program -> more revenue Partnership Examples
  9. 9. Example 2: Conrad electronics lab Conrad electronics wants to connect to the IOT / Hardware Startup Scene ● Conrad Electronics equips (sponsors) an IOT Hardware Lab at betahaus ● betahaus provides and operates the space on a daily basis ● members can use tools that otherwise would be too expensive for their projects ● space could be used for related commercial and community events (hardware, iot) -> support for members, access to tools Partnership Examples
  10. 10. Example 3: German language courses Expath offers language courses and setup-help to newly arrived expats in Berlin ● discounted language courses for members ● free language courses for betahaus employees ● betahaus promotes expath amongst members ● expath promotes betahaus as workspace to customers -> support for members, support for employees Partnership Examples
  11. 11. Space Platforms Real Products Events Mobility Services Software …. ??? Other Partnership Examples
  12. 12. How do you know which is the right partnership?
  13. 13. Freelancers Early stage tech founders Startups Corporates Nonprofits Service providers Small businesses Remote teams of all kinds Know your members! Know your members
  14. 14. What are the needs of my members? Members Needs Mobility Services, Haircutter, Discounts at Stores and Shops around the location, Local Stuff Solving practical Problems Language courses, help with bureaucratics, health insurance, getting settled Helping to grow Free software, Mentoring Programs sponsored by Corporates, Free Accounting and Law Firm Services
  15. 15. Using Vision, Mission and Business Goals ● Does the Partnership help my members? ● Does the proposed partnership align with the vIsion and values of your space? ● Does the partnership help you to fulfill your goals and objectives? ● Is the partnership increase sustainability?
  16. 16. providing the homely space, community, and program designed for entrepreneurs, startups, and creatives to exchange knowledge, ideas, and connections in order for them to grow - both personally and professionally Support Customers and Members Provide Awesome and Memorable Experience Grow Community and Customer Base Improve Internal Organisation Mission Objective Vision, Mission and Objectives empowering entrepreneurship Vision
  17. 17. Values Example Community Collaboration Transparency Accessibility Happiness Values
  18. 18. Sustainability vs Community Matrix community money
  19. 19. Example 1: Immobilien Scout Company with 500+ employees wants to get more innovative through coworking ● Employees can work from betahaus (Daytickets) ● betahaus organizes “inspiration talks” at Immobilienscout headquarter ● betahaus designs innovative space at Immobilienscout headquarter ● betahaus helps to design accelerator program Partnership Examples Revenue Boost: Member Support: Employee Support: Stakeholder Engagement:
  20. 20. Example 2: Conrad electronics lab Conrad electronics wants to connect to the IOT / Hardware Startup Scene ● Conrad Electronics equips (sponsors) an IOT Hardware Lab at betahaus ● betahaus provides and operates the space on a daily basis ● members can use tools that otherwise would be too expensive for their projects ● space could be used for related commercial and community events (hardware, iot) Partnership Examples Revenue Boost: Member Support: Employee Support: Stakeholder Engagement:
  21. 21. Example 3: German language courses Expath offers language courses and setup-help to newly arrived expats in Berlin ● discounted language courses for members ● free language courses for betahaus employees ● betahaus promotes expath amongst members ● expath promotes betahaus as workspace to customers Partnership Examples Revenue Boost: Member Support: Employee Support: Stakeholder Engagement:
  22. 22. Example 4: betabeer Sponsorships Alternating member sponsorship for our monthly beer/bbq community event. ● sponsor pays for drinks and pizza ● members get free beer and pizza ● sponsor can hold a short community centered talk about his/her residency at betahaus ● everybody gets drunk together Partnership Examples Revenue Boost: Member Support: Employee Support: Stakeholder Engagement:
  23. 23. Negotiating Tactics & Useful Tips www.betahaus.com www.onecoworking.com
  24. 24. Negotiation 101 1) Do your homework, know your strengths! Number one reason for most partnerships is outreach to your members and to your network. Be on top of your numbers. Compile a data sheet about your outreach and demographics to illustrate the value of your network for the possible partner. Know the value of what you are bartering for. Example for a good media data sheet you can boast with on the last page of this presentation 2) Write down an agreement! Jot down the basic outline / LOI / some kind of paper of the agreement and let everybody sign it or confirm it via email. This makes it much easier later on to stay on the same page even if key-people change or in case you want to extend for another year 3) Measure Impact! Do your members engage with the perks? How many clicks does the newsletter produce for your partner? How many leads did your partner generate for you?
  25. 25. Communication Communicating ● Initial announcement blogpost , SM , Press Release. Boosts relevance and spreads the news ● Integrate Information how to use partnerships in ○ your website ○ onboarding emails ○ welcome leaflets ○ member platform ● Use it during personal sales pitch when selling memberships as a benefit
  26. 26. Useful Tools / Examples ● betahaus media sheet ● betahaus story book ● Announcement of Language School Partnership on our Blog ● Excel Sheet to calculate outreach price
  27. 27. Christoph Fahle christoph@betahaus.com www.betahaus.com / www.onecoworking.com http://about.me/christophfahle http://instagram.com/jantanner Contact betahaus Prinzessinnenstrasse 19-20, 10969 Berlin
  28. 28. Thank you!

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