UMakers Makerspace

created by Rob@UMakers.org

Problem

  • Why no business incubators here?
  • Startups have too many Barriers to Entry
  • Startup Costs
  • Space Rental
  • Global Fablabs now total 1730+ around the world
  • Education/Training Cost
  • Equipment costs

Why no business incubators here?

Startups have too many Barriers to Entry

Startup Costs

Space Rental

Owner won't approve without 3 years tax returns to show the owner they can pay the rent.

Global Fablabs now total 1730+ around the world

https://www.fablabs.io/ Why not here?

Education/Training Cost

Equipment costs

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

Solution

  • Provide "Access to Tools"
  • Provide The Means of Production
  • Free Education/Training

Provide "Access to Tools"

Provide The Means of Production

Free Education/Training

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

Unique Value Proposition

  • We startup Startups- differently
  • Social Entrepreneurship
  • Philanthropy

We startup Startups- differently

Social Entrepreneurship

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

Philanthropy

A philanthropist is a person who donates time, money, experience, skills or talent to help create a better world. Anyone can be a philanthropist, regardless of status or net worth.

Unfair Advantage

  • Members only pay 3% of what others do
  • Instructors pay to Teach
  • A chain of garage startups

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.

Instructors pay to Teach

Instructors pay to Teach

A chain of garage startups

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

Customer Segments

  • The "Creative Class"
  • Freelancers 40% Millennial's
  • Entreprenuers
  • Side Hustlers
  • The 50% that don't use College Degree
  • The Crazy Ones Who Do

The "Creative Class"

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

Freelancers 40% Millennial's

Entreprenuers

Prototyper's, inventors

Side Hustlers

1 in 2 Millennial's

The 50% that don't use College Degree

The Crazy Ones Who Do

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

Key Metrics

  • Members Make Money
  • Members Save Money
  • Members feel good

Members Make Money

Members Save Money

Members feel good

Channels

  • Social Media
  • ECommerce
  • Word of Mouth

Social Media

Facebook Instagram Meetups Yelp

ECommerce

Word of Mouth

Friends tell friends

Cost Structure

  • Hosting $3000

Hosting $3000

Rent Utilities Insurance expenses

Revenue Stream

  • Memberships
  • Sales of products and Services
  • Donations

Memberships

$75/month x40=$3000

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.

Donations

Equipment, $75,000 Volunteers, Materials

Brainstorming Space