As I sit down trying to gather all of my thoughts together and put it on paper I find that this is probably one of the hardest things I have ever done. I know exactly what I want to do with the coworking space, I know what my goals are and how I want it to look and run but I am intimidated by all of the numbers. How in the world am I going to know my projected costs and break down and break even points over the next 3 years and so on and so on. On top of all of this, once I am able to gather all of this information what do I do with it? How do I get financing? How do I support my family until my space starts turning a profit?
I think these are questions that stop a lot of entrepreneursin their tracks, Embarking on an adventure like this is a scarey thing to do but I know that the pros will far outway the cons once I hit the ground running.
So what kind of advice can the seasoned professionals give to us newbies just getting our feet wet in this kind of thing for the first time?
Thanks for all the feedback in advance!
Indianapolis Coworking Connection