UMakers Makerspace

1. Problem

Equipment costs

Who's got an extra $90,000 to purchase equipment or $1500/month for a loan

Why no business incubators here?

Startups have too many Barriers to Entry

Education/Training Cost

Startup Costs

Low Cost Education/Training

Taught by other experienced members. Andragogy- adults learn from adults.

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.

2. Solution

Provide "Access to Tools"

Democratize the means of production- share. the Means of Production

3. Unique Value Proposition

We startup Startups- differently

Making Locally made Products

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.

Social Media

Facebook Instagram Meetups Yelp

Social Entrepreneurship

Doing something different that is not already being done- at least around here,

5. Customer Segments

Freelancers 40% Millennial's

Entreprenuers

Prototyper's, inventors

The Crazy Ones Who Do

https://www.youtube.com/watch?v=8rwsuXHA7RA

A chain of garage startups

Every 2 to 5 miles http://www.businesspundit.com/11-famous-garage-startups-that-rule-the-world/

Side Hustlers

1 in 2 Millennial's

The "Creative Class"

https://en.wikipedia.org/wiki/Creative_class

50% of people over 55 that have retired

70 million baby boomers with disposable income and EMPATHY for younger generations.

6. Key Metrics

Members feel good

Members Make Money

7. Channels

ECommerce

We Share

Time, money, experience, skills or talent to help our neighbors get started.

Members Save Money

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