UMakers Makerspace
1. Problem
Equipment costs
Who's got an extra $90,000 to purchase equipment or $1500/month for a loan
Education/Training Cost
Why no business incubators here?
Startup Costs
Startups have too many Barriers to Entry
incomes
Create side hustles incomes have not increased enough to cover the cost of living since 1975. In fact, the real median household income in the United States has decreased by about 2% since 1975, after adjusting for inflation.
Low Cost Education/Training
Taught by other experienced members. Andragogy- adults learn from adults.
2. Solution
Democratize the means of production- share. the Means of Production
Provide "Access to Tools"
3. Unique Value Proposition
4. Unfair Advantage
Members only pay 3% of what others do
$900/year vs $36000 for space, Utilities and Access to tools, or the shared use of the means of production.
We startup Startups- differently
Social Media
Facebook Instagram Meetups Yelp
Social Entrepreneurship
Doing something different that is not already being done- at least around here,
Making Locally made Products
A chain of garage startups
Every 2 to 5 miles http://www.businesspundit.com/11-famous-garage-startups-that-rule-the-world/
5. Customer Segments
Freelancers 40% Millennial's
Entreprenuers
Prototyper's, inventors
The "Creative Class"
https://en.wikipedia.org/wiki/Creative_class
Side Hustlers
1 in 2 Millennial's
50% of people over 55 that have retired
70 million baby boomers with disposable income and EMPATHY for younger generations.
The Crazy Ones Who Do
https://www.youtube.com/watch?v=8rwsuXHA7RA
6. Key Metrics
Members Make Money
Members feel good
7. Channels
Members Save Money
ECommerce
We Share
Time, money, experience, skills or talent to help our neighbors get started.
8. Cost Structure
Hosting $3000
Rent Utilities Insurance expenses
Space Rental
Owner won't approve without 3 years tax returns to show the owner they can pay the rent.
9. Revenue Stream
Membership fees
$75/Month
Word of Mouth
Friends tell friends
10. Brainstorming Space
Sales of products and Services
Local and ecommerce 3d printed products and services laser cut products and services cnc router products and services. cnc milling Machine products and services Roland Print shop products and services.
Memberships
$75/month x40=$3000