Categorized | Funding, Geekspace

Funding the Geekspace setup

Posted on 20 May 2010 by Eve Dmochowska

So renting an office is expensive….

Most landlords want 2 or 3 months deposit, first rent, the office needs to be furnished, connected, etc etc.

The Geekspace is no different, and although there is a revenue model, it actually is a heavily subsidized one. R1000 a month, even collectively, would just never pay the rent and operating costs on 600m2.

That’s OK, though, because I have a plan for this (including corporate sponsorships) and I will be sharing shortly. (Also, my own company will be sitting there, so there is rent consolidation that is significant).

Anyway, the point is that the outlay for a fully connected, furnished office is HIGH.

I need a bit of help.

Some of you will know that I have recently launched the “Directory of South Africa Web Professionals and Companies”. (If you click on the link, the download will start). You can read more about it here, but essentially it is a downloadable directory of companies and people that corporates can outsource to get online stuff done.

Each company gets a one page listing, for R1,500 (May special) for the year.

So here is the evil plan: I challenge the 120 companies that are listed for free, and that make money out of this space, to upgrade their listing to a paid one. That will cost them R1,500.

I will then not “pocket” the money, but use it (mostly) towards the Geekspace. It will make things a bit easier for me.

But it’s not about me ;-) It’s about the companies who will be supporting the Geekspace, while also promoting themselves through a directory that can get them more business. This year alone I have published .pdfs that have gotten over 12,000 downloads/views…so this is seriously a good business move for any company who outsources web services in South Africa.

So:
100 companies
5 days (Need this finalised before June 1)

Can we do it?

(Ummm, PLEASE can we do it?)


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