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Brave Ideas

Should Coworking Make Money?

03 Jul 2024

Description

Featuring Keke Patissier, Cofounder & CEO at Koho Fact: 25% of coworking businesses are loss making. But that means 75% are not. If office real estate is going to keep up with customer demand for flex, service, hospitality and community, investors must to understand there’s money to be made. In this epsisode, Keke Patissier and Brave Founder, Caleb Parker, discuss how coworking and flex space is moving office real estate from a bond like investment to a predictable recurring revenue stream - not to dissimilar from the software as a service model. They explore the challenges of revenue leakage in this business model, and and the importance of data and taking a proactive approach to managing risk. KK shares her insights on differentiating in the increasingly commoditized coworking industry and why office real estate may need more sales people than asset managers.   About Koho Koho is a risk management platform that helps coworking operators optimise revenue retention and growth. Learn more at www.koho.ai  This epsisode is sponsored by the Brave Consortium. The Brave Consortium is a group of companies that help Brave and its landlord partners reposition office assets to meet the evolving needs of modern business. Learn more here: www.bravecorp.co/brave-consortium    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.braveideas.media/subscribe

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