UMakers Makerspace

created by [email protected]

Problem

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

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.

Solution

  • Democratize the means of production- share. the Means of Production
  • Provide "Access to Tools"

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

Provide "Access to Tools"

Unique Value Proposition

Unfair Advantage

  • Members only pay 3% of what others do
  • We startup Startups- differently
  • Social Media
  • Social Entrepreneurship
  • A chain of garage startups
  • Making Locally made Products

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,

A chain of garage startups

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

Making Locally made Products

Customer Segments

  • Freelancers 40% Millennial's
  • Entreprenuers
  • The "Creative Class"
  • Side Hustlers
  • The Crazy Ones Who Do
  • 50% of people over 55 that have retired

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

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 Make Money
  • Members feel good

Members Make Money

Members feel good

Channels

  • Members Save Money
  • ECommerce
  • We Share

Members Save Money

ECommerce

We Share

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

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

Membership fees

$75/Month

Word of Mouth

Friends tell friends

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