Hacker Lab Is Closing
I worked in senior management for a “successful” makerspace and have intimate knowledge of how difficult they are to both run and make profitable. If they are profitable, they tend to operate on razor thin margins. It’s sad because they also tend to produce value disproportionate to their cost, providing real opportunity for people to learn hands-on skills, make products, and start businesses. I’ve seen many lives transformed by having access to tools and a community who know how to support their use.It seems most people start them because it sounds fun. And from the people I’ve talked to, for a while it is fun. The community swoops in the provide free labor and support and it all feels magical. But once this fades and the reality of the challenge sets in, it becomes less fun, less community-centric, and requires serious business chops. You are essentially running 3 businesses. Customer service, manufacturing, and education. You really need to understand the fundamentals of business to make this work. Even then it might fail.If I remember right, tech shop was well into the 8 figures in debt when they went under. Many other spaces have come and gone, too.I also just moved to Sacramento and toured the Hackerlab 1 week before this announcement. It’ll be back in some way, shape, or form, so keep an eye out for that. I’ll be talking with the community over the coming weeks and trying to sort out what the opportunity is.If anyone is considering starting a space or has questions, feel free to reach out. My contact info is in my bio.