A coworking space is a shared workplace of usually independent business owners and entrepreneurs. Such spaces offer independent business people, artists, and other workers to collaborate and have community.
Why do people use coworking spaces?
For those just starting out on a business venture (think startups and entrepreneurs) a coworking space is the perfect option because it gives the ability to scale up or scale down in team numbers, there are low set-up costs due to shared infrastructure, a wide in-house community to network with, quite often links to in-house expertise, mentors and funding options, as well as being the ideal platform from which to launch a new product.
But coworking spaces aren’t JUST for startups and entrepreneurs. In fact, members of coworking spaces are incredibly diverse! Here are just a few other types of folks that commonly join coworking spaces…
Coworking for Small Businesses / SMEs
For small businesses coworking spaces contain overhead costs, there are no long leases to commit to and everything to run a business is usually available, from meeting rooms to kitchens for whipping up a snack and the coffee count doesn’t matter, as it is complimentary.
Many coworking spaces are in high-profile central business areas with easy access to transportation, cafes, shopping and gyms where renting independently would be listed under the “impossible” dream.
As a small business owner, you’ll never need to worry about stocking up on toilet paper or calling out the WiFi repair company as everything is taken care of.
It’s also a great incentive for attracting top talent, as coworking spaces often run a variety of community events, workshops, lunches, and other learning or social activities for their members.
Coworking for Freelancers
For freelancers coworking spaces equate to “freedom” of where and when they work with all of the benefits of a productive office environment plus the perks of being part of a community of like-minded people. Coworking is the perfect antidote for those that otherwise would be forced to work alone at home or in a noisy cafe and feeling isolated.
Because coworking spaces are filled with interesting and ambitious people working on all types of business, joining a coworking space is a great way to make new friends, meet potential clients, and even meet potential new business partners!
Coworking for Corporates
Large forward thinking companies are jumping on board with coworking spaces due to the benefits to their employees, from increased happiness and productivity to networking opportunities with people outside of their own domains.
For all coworkers, coworking spaces allow for diverse networking opportunities on a day-to-day basis, which equates to a community of potential clients, partners, mentors and a pool of readily available talent to draw upon. Many organize events related to health and wellness to promote a balanced lifestyle, such as yoga classes and meditation sessions.
So, What is Coworking again? In a nutshell…
Coworking means many different things to many different people, and every coworking space is unique. From our research, we’ve gathered a few anonymous quotes. Check them out below, and feel free to share what coworking means to you in the form below and we’ll make sure your quote is displayed on our site!
“Coworking is a place to run to when you want to get some work done, rather than the local cafe with bustling moms and squabbling kids, or at home where apparently you can also do the washing, cleaning and cook at the same time as you are working.”
“A coworking space is a work-home where you have the freedom to work how you like (even if it is with a mouthful of cookies), have as much social interaction as you need, tap into the infrastructure of an office, plus enjoy the occasional perk such as a cool napping corner for when you want to scrutinize the inside of your eyelids.”
“Think of coworking as a playground for big kids who want to play in cyberspace, share altruistic (sometimes money spinning) revolutionary ideas, wrap your brain around codes and generally be a nerd who works hard when needed.”
“Coworking gives you the excuse to play and mingle whilst getting your work done whether you are working for yourself, as a part of a team or an independent freelancer.”
“Coworking is a more exciting way to work, than going it alone.”