More and more people around the world are finding work in less traditional contexts. With the advent of the Internet, self-employment, teleworking, and the digital nomad lifestyle have become much more common.
For an entrepreneur who wants to start their own business, it has always been an option to work from home, but more and more people see the benefits of moving operations to a coworking space.
Here are nine reasons why startups thrive in collaborative workspaces and why these environments have advantages over working from home and working in traditional offices.
1. AFFORDABILITY AND FLEXIBILITY
One of the biggest initial attractions of collaborative spaces for startup founders is better accessibility and flexible pricing options.
Renting a coworking space in Gurgaon is much cheaper than renting a conventional office space and often includes many extras, such as internet services and access to conference rooms. Other mundane additions such as office furniture that can quickly accumulate are also supported.
Also, unlike a conventional office, coworking spaces can generally be rented on a monthly, weekly, or even daily basis, so that contractors are not bound by a long contract, allowing plenty of flexibility. Larger to quickly adapt to the needs of a developing company.
2. PROFESSIONAL SPACE
Many startups start at home, We all know the stereotype of an entrepreneur starting a successful company from his garage. However, it happens that this type of configuration is no longer suitable.
When it comes to meeting clients, cafes or restaurants have a purpose at some point, but a coworking space offers a much more professional framework for discussing products or services with clients, and as we know, first impressions are crucial.
3. NETWORKING
Some of the biggest advantages for startups who choose to move to coworking spaces are intangible assets. One of the most important is the ability to network with like-minded people.
Many coworking spaces offer space for a break during the workday, and many people use the downtime around the coffee machine to meet new people and build new working relationships.
Coworking communities often also offer better-organized framework conditions for networking.
4. MOTIVATE
Another intangible element is the sense of motivation that many people gain from a shared work environment. When a person works at home or in their garage, they have to be very disciplined and motivated.
Many freelancers or startup founders suffer from a lack of routine and find it difficult to eliminate the multitude of distractions caused by working at home. For people in this situation, a certain structure can be invaluable.
Choosing a coworking environment offers the advantages of a daily routine similar to working in an office and at the same time offers great flexibility to work from home. In this sense, a coworking space can offer the best of both worlds.
Simply being around other efficient and motivated people every day cannot be overlooked either, and many people find that working in such a situation significantly increases their productivity.
5. SOCIAL INTERACTION
Whatever the opportunity to network motivates others, a coworking environment also helps to counter one of the biggest problems of self-employment or homework: loneliness and lack of human interaction.
As anyone who has tried to work from home will attest, spending long hours alone can be intimidating and even depressing, and moving to a coworking space can be a great way to combat it.
6. NO OFFICE POLICY
Since most coworking spaces are made up of professionals who work on different projects for different organizations, there is much less competition or interpersonal rivalry.
This means that the traditional office policy, in which people constantly try to outdo their colleagues to impress the boss, has no reason to develop.
This allows workers to be themselves instead of developing an "office personality". In general, people work much more efficiently under such conditions.
7. EASY ACCESS TO A TALENT POOL
When an entrepreneur starts a startup, he must develop the business and hire more employees at one time. However, for those working from home, there is no developed recruitment infrastructure, and finding the right people can be difficult and time-consuming.
Working from a coworking space can provide an immediate solution to this problem. Coworking spaces are generally populated by a large number of freelancers, and the right person for the job could be the freelancer who is seated at the next desk.
Hiring this way can save time, and start-up owners already have informal experience working with this person, which can make the decision to hire less risky.
8. EASY ACCESS TO POSSIBLE CUSTOMERS
Likewise, people who occupy the same co-working space can be potential customers. When an entrepreneur offers a specific business solution, the most accessible customers are those who work in the same room.
In this way, coworking can provide an easily accessible customer base. An added benefit is that it is much easier to search for reviews, so the business can adapt to customer needs much faster than possible.
9. CO-WORK SPACES OFFER MORE SERVICES
Choosing a coworking space also offers many other amenities that a startup founder will appreciate. All of the co-working spaces are different, but amenities include ordering lunch, cooking facilities, coffeemakers, rooms, or even yoga classes.
While not essential, they all add to the overall comfort and convenience of the work experience, so the dedicated entrepreneur can focus more on the things that help the business grow and grow. relax and take a few moments of inactivity. can. if necessary.
Of course, while co-working spaces may have their drawbacks (for example, lack of privacy and the inability to customize the space to suit your needs), the benefits far outweigh the drawbacks.
For this reason, many entrepreneurs are increasingly opting for shared workspaces and the vast majority seem to find the experience extremely positive, productive and profitable.