How should we approach the membership fees

How to raise money
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paulsobczak
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How should we approach the membership fees

Postby paulsobczak » Sun Jan 11, 2009 6:45 pm

We need to figure out what type of membership fees people are willing to pay. Of course this will be dependent on how large the maker shop is and what is in it.

Maker shops that I have seen range in memberships from around $40 dollar to $120.

Thoughts?

GSMSSC
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Re: How should we approach the membership fees

Postby GSMSSC » Mon Jan 12, 2009 8:39 pm

My brother is a mucky muck in the YMCA, I'll ask him what their model is all about. I can also ask some of the ACF guys how they roll.

curtiepie
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Re: How should we approach the membership fees

Postby curtiepie » Mon Jan 12, 2009 8:57 pm

I personally would be more interested in something in the lower range, with access to awesome tools over classes or formal events . . . my question is how the startup phase would work . . . where initially there isn't going to be much on offer in the way of space or tools, correct? I mean is there a necessary initial influx of cash to create the place people want to buy into? Would it be more like, once a large enough group implies interest and you could use the first month's membership fees to finance the buying of the first round of equipment? sorry if this is getting off-topic . . .

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jtbarclay
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Re: How should we approach the membership fees

Postby jtbarclay » Mon Jan 12, 2009 9:05 pm

What about looking for outside sources for the money such as 3m and other local businesses.

eversorevertimortuus
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Re: How should we approach the membership fees

Postby eversorevertimortuus » Mon Jan 12, 2009 9:45 pm

I think that 3M and other manufacturers are a great place to start for donations of both capitol and machinery. When I was in High School, we had a 3 CNC routers, a CNC lathe, and a CO2 laser donated to us by Smead Manufacturing.

Michael
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Re: How should we approach the membership fees

Postby Michael » Mon Jan 12, 2009 9:51 pm

Initial capital can be raised by offering discounted, pre-paid, refundable (if it doesn't fly) multi-year memberships. In the $100 range, I would bite. Throw in a little "early adopter love" discount and it's a cinch.
Last edited by Michael on Mon Jan 12, 2009 10:01 pm, edited 1 time in total.

Michael
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Re: How should we approach the membership fees

Postby Michael » Mon Jan 12, 2009 9:54 pm

eversorevertimortuus wrote:I think that 3M and other manufacturers are a great place to start for donations of both capitol and machinery. When I was in High School, we had a 3 CNC routers, a CNC lathe, and a CO2 laser donated to us by Smead Manufacturing.


Without knowing the corporate structure of this venture, I'd say that this would be a hard sell. Even if it's a non-profit, that doesn't mean that donations would be tax deductible. Without a 501c designation (tax exempt), it might be difficult to get stuff donated like you would to a school.

Note - it's not impossible, just more difficult. Heck, people pay good money to put a name on a race car - so, who knows.

bamboleo
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Re: How should we approach the membership fees

Postby bamboleo » Mon Jan 12, 2009 9:58 pm

how bout family discounts for two geeks in love who wouldn't be able to afford $200... but would bring tons of expertise to the table? wink wink?

tbarania
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Re: How should we approach the membership fees

Postby tbarania » Mon Jan 12, 2009 11:34 pm

At an annual fee of $100 this is less than $10 a month. The problem is that it is harder to come up with $100 all at once versus $10 a month (or maybe $20). But if a means could be set up to collect a monthly fee a higher amount might be possible in a less painful way. Maybe credit card or PayPal automatic deductions? Also, some may be able to pay more, so perhaps set a minimum fee and hope for additional money that could go in a special account to be used formore expensive equipment and supplies.

ochenk
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Re: How should we approach the membership fees

Postby ochenk » Tue Jan 13, 2009 1:27 am

There are already a few good models in the Twin Cities. Highpoint is a place for print makers. You pay your dues (in the $150/mo range) for 24/h access to presses, inks, etc. MN Book Arts has a similar deal for book stuff.

They're both pretty expensive, so I don't partake, even though I'd like to. But man, if there was a place that had engravers, laser cutters, milling machines, 3D printers, etc., I'd sure scrounge as many nickels as it would take to get a membership.


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