{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"428. How the Most Profitable Coworking Spaces Generate 30 to 40% of Revenue Outside of Workspace","description":"Most coworking operators think they have a sales problem. What they actually have is a revenue mix problem. If almost all of your revenue comes from private offices and coworking memberships, you're making it much harder to build a highly profitable business. The most profitable operators I work with don't stop at workspace revenue. They build multiple revenue streams that continue to grow alongside their memberships. In this episode, I break down: Why the most profitable coworking spaces generate 30\u201340% of their revenue from non-workspace products The revenue opportunities many operators are overlooking, including meeting rooms, virtual mail, and event space A side-by-side comparison showing how two nearly identical coworking spaces can end up with dramatically different profit margins Why optimizing your offices is only part of the equation if you want a high-margin business The biggest mistakes operators make when selling ancillary products online Practical ways to improve your e-commerce experience, SEO, Google Business Profile, and marketing so these revenue streams actually grow The biggest takeaway? You don't need more square footage to increase profitability. You need to maximize the revenue potential of the space you already have. Everything Coworking Featured Resources: Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space Coworking Startup School Community Manager University Follow Us on YouTube ","author_name":"Everything Coworking","author_url":"http:\/\/everythingcoworking.com","html":"