UMakers Makerspace

created by Rob@UMakers.org

Problem

  • Equipment costs
  • Why no business incubators here?
  • Startups have too many Barriers to Entry
  • Startup Costs
  • Education/Training Cost
  • Low Cost Education/Training

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

Startup Costs

Education/Training Cost

Low Cost Education/Training

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

Solution

  • Provide "Access to Tools"
  • Provide local people with the The Means of Production

Provide "Access to Tools"

Provide local people with the The Means of Production

Unique Value Proposition

  • We startup Startups- differently
  • Making Locally made Products

We startup Startups- differently

Making Locally made Products

Unfair Advantage

  • Members only pay 3% of what others do
  • Social Media
  • A chain of garage startups
  • Social Entrepreneurship

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

A chain of garage startups

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

Social Entrepreneurship

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

Customer Segments

  • Freelancers 40% Millennial's
  • The "Creative Class"
  • Entreprenuers
  • Side Hustlers
  • The 50% that don't use College Degree
  • The Crazy Ones Who Do
  • 50% of people over 55 that have retired

Freelancers 40% Millennial's

The "Creative Class"

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

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

50% of people over 55 that have retired

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

Key Metrics

  • Members feel good
  • Members Make Money

Members feel good

Members Make Money

Channels

  • ECommerce
  • We Share
  • Boomers who would prefer volunteering
  • Members Save Money

ECommerce

We Share

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

Boomers who would prefer volunteering

Rather than being sociopaths.

Members Save Money

Cost Structure

  • Hosting $3000
  • Space Rental

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.

Revenue Stream

  • Membership fees
  • Word of Mouth
  • Donations

Membership fees

Word of Mouth

Friends tell friends

Donations

Equipment, $75,000 Volunteers, Materials

Brainstorming Space

  • Sales of products and Services
  • Memberships

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