Getting Started & Testing Your Idea
Master the core concepts of getting started & testing your idea tailored specifically for the Coworking Space Shared Office industry.
💡 Core Concepts & Executive Briefing
Introduction
The Alpha Concept is a practical way to test a coworking space idea before signing a long lease, buying furniture, or spending heavily on renovations. In this industry, owners often fall in love with a location, a design theme, or a membership concept before proving that local businesses will pay for it. The market is the final judge. Early conversations and small paid tests reveal more than opinions from friends, family, or other operators.
Concept
The Alpha Concept means creating a simple, limited version of your coworking offer and putting it in front of real customers quickly. You do not need a finished space with every amenity. You need enough of a service to test the main promise.
For example, an operator believes independent consultants and remote employees in a suburban area will pay for quiet, professional workspace. Instead of immediately building a 40-desk facility, the operator rents a small meeting room in an existing office building for four Fridays. They offer a limited number of day passes, reliable Wi-Fi, coffee, phone booths, and a quiet work area. The goal is to learn whether people will actually book and pay, not whether they say the idea sounds good.
A useful coworking MVP might include:
- A simple landing page with the location, price, photos, and booking button.
- One clearly defined membership or day-pass offer.
- A temporary workspace or a small section of an existing office.
- Basic access, Wi-Fi, desks, coffee, and a clean professional environment.
- A short feedback process after each visit.
Do not add a podcast studio, event program, private offices, app, or elaborate brand package until customers show that these features matter.
Market Validation
Market validation confirms that a specific group has a real workspace problem and will pay for your proposed answer. Start by choosing a narrow customer group, such as remote employees who need two quiet workdays each week, local consultants who need client meeting space, or small teams that need a flexible project room.
Interview at least 15 to 20 people who fit that profile. Ask where they work now, what frustrates them, how often they need space, what they currently spend, and what would make them switch. Avoid asking only, “Would you use a coworking space?” Most people will give a polite yes. Ask for a real commitment instead: a deposit, a paid trial, a scheduled tour, or a day-pass purchase.
For example, an operator interviews 20 remote workers near a proposed location. Twelve report that home is distracting, eight currently work from cafés, and six pay for occasional private meeting rooms. The operator then offers a $25 paid day pass and a $149 four-day trial to see whether stated interest becomes buying behavior.
Importance of Early Feedback
Feedback from early members helps you improve the offer before fixed costs become difficult to change. Watch what people do, not just what they say. Track which offer they buy, when they arrive, which desks they choose, whether they return, and what causes complaints or cancellations.
Suppose early users like the location and coffee but leave because video calls disturb the quiet area. You may need clearer zones, phone booths, or a meeting-room add-on. If members praise the space but reject a monthly unlimited plan, a flexible ten-day pack may fit the market better. Feedback should lead to a specific change, followed by another paid test.
Set a short testing period, such as 30 days. Define success before launch. For example, you might require 10 paid trials, at least 60 percent of trial users returning within 30 days, and a customer rating of 4 out of 5 or better. These targets keep you from explaining away weak demand.
Conclusion
The Alpha Concept is a disciplined way to test a coworking space before making a large commitment. Start with one customer group, one clear promise, and one small paid offer. Speak with real prospects, ask for money or a firm booking, measure actual use, and improve the offer from evidence. A small test can reveal whether the location, price, hours, workspace setup, and membership terms fit the market. It can also show you what to stop doing before a long lease turns a weak idea into an expensive problem.
⚠️ The Industry Trap
An operator signs a ten-year lease, builds 50 desks, installs a stylish kitchen, and adds a podcast room because nearby business owners say the concept sounds exciting. After opening, the operator discovers that most local prospects only want two quiet days per week and will not pay for unlimited access. The expensive amenities do not solve the actual demand problem. The trap was not poor design. It was treating compliments and planning as proof of sales.
📊 The Core KPI
🛑 The Bottleneck
For example, an operator plans a 30-desk space near a train station. After three months, there is a polished business plan but no paid bookings. The operator has not asked remote workers to buy a day pass or put a deposit on a founding membership. Meanwhile, another operator rents a small unused office for four Saturdays, posts a clear offer in local business groups, and learns which customers will pay. More research is not the constraint. The missing step is a real offer with money and a deadline attached.
✅ Action Items
2. **Build a small paid test:** Rent temporary desks or use a small section of an existing office. Offer one day pass, weekly pass, or short trial with a clear price.
3. **Create a simple sales page:** Show the location, workspace photos, Wi-Fi, access hours, price, cancellation terms, and a payment or booking button using tools such as Stripe, Calendly, or a coworking booking platform.
4. **Run 15 to 20 interviews:** Ask about current work arrangements, costs, and frustrations. Then invite qualified prospects to buy the trial.
5. **Measure behavior:** Track paid trials, attendance, repeat visits, complaints, and conversions. Change one part of the offer at a time and run the test again.
Set a 30-day deadline and a written success target before spending money on a permanent lease or major build-out.
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