A pattern I see in biznik is that some hosts of value-based events who are imparting knowledge and expertise are not charging enough for the value they offer. Not only can this affect the perceived value of the presentation and the presenter, but it also sets a precedent for new hosts and members that all biznik events should be as close to free as possible.
Small business owners tend to devalue their knowledge and expertise and this can cause other people to devalue them as well. Don't get me wrong, I am not saying all events should be fee based, to the contrary...
A variety of price levels and events will help to generate more interest and value in this community over time. As I see it, it’s good for biznik and for the biznik community to offer events in all of the following categories:
Free happy hours and social events
These events really build the community over time and get people related and involved. I think it’s reasonable to ask a nominal fee at times, but good to always have free events on the calendar too.
Low cost introductory events
Show what you’ve got, offer value to the community and possibly lead attendees to something else you offer—a service, a more in-depth workshop, involvement with your organization. This is what Leif was referring to when he said his event was a “teaser.” If done well, these events cause people to act further. At biznik, I would set the fee for a teaser event between $10 and $45, depending on offerings and experience.
Mid to high-end robust events
These are developed workshops and presentations that have a price tag that shows confidence on the part of the presenter and confidence in what he or she is presenting. Participants should leave with solutions, answers, and ideas that they didn’t already have (as Jennifer points out). I see these events as $50 - $500 (and up), depending on the event and experience of the host. (Consider that some of these events might be all day or a series.)
We are lacking in this last area and it may be partly due to the precedent that's been set with the free and $5 events that sends the message to both hosts and participants that higher level, in-depth workshops are not offered here, you must go elsewhere to find them. I would rather not send people away but instead offer these resources here, at biznik.
If you are clear that you can deliver significant value to bizniks, then why not charge a significant amount for your event? If you have a developed body of thought or are an expert in your field, then your workshops and talks can probably be a revenue source for you. I don’t see any problem with a host making a profit since it’s always a choice to sign up. It just adds to biznik's offerings and that's a good thing.
And I wouldn’t be concerned about smaller numbers for fee-based events. I personally want people to have to consider their level of investment before signing up to work with me or attend a workshop. This self-selection can be helpful and often creates a very different dynamic than opening the door to anyone who is mildly invested.
To echo Lara and Rachel, biznik is a networking group but it’s also a business, and if we want to continue enjoying the rewards of biznik, we would be wise to support and give back to it, ensure it's future. One way to do that is to become an Active or Supporting Member. Another way is to attend or host fee-based events. Inviting new members is a no-cost way to help biznik grow and hopefully everyone is already doing that.