The glorious inception of the coworking spaces happened in the year 2005 at the first coworking space Spiral Muse founded by Brad Neuberg and since then this practice has popularly spread across several countries in the world including India.
The strategic emergence of ‘coworking spaces’ facilitated great professional networking platforms which balanced the independence of self-employment with the right involvement in highly thriving work communities. This effectively appealed to freelancers & entrepreneurs which eventually led to widespread adoption of the same.
According to a survey by Officevibe, this has been reported that 70% of the professionals who adopted coworking felt healthier operating from a coworking space as compared to working from a conventional office setting.
This is also reported by a trusted source that the 40% of the total workforce in the coworking spaces are independent contractors, freelancers, solopreneur & temps by the year 2020. These specific findings majorly signify the massive potential growth of the coworking culture in the future.
One quote by Anthony Marinas, Marketing & Sales Manager at the coworking space called Grimes said that the millennial workforce wants to be a part of a community and no longer want to be a part of a company. He stressed further in explaining how coworking can be the right option for startups. Instead of opting to work in a small team of just 3-4 members, opting to work in a dynamic environment amongst hundreds of people from different backgrounds give the right opportunity to develop professionally as well as personal connections. This is a cost-effective option of fetching an office space & also very strongly opens up possibilities of certain path-breaking innovations with several other dynamic & like-minded professionals who are operating from under the safe roof.
Rebekah Kowalski, Principal Consultant & VP at Right Management expressed her views and opinions in an exclusive interview that choosing between a conventional office and a coworking space should be done only after evaluating their workforce & understanding their needs & preferences.
Here is a checklist which will facilitate you in arriving at a right decision:
However, in case you prefer the right control over the work environment that you are craving for, then a conventional office space for your startup is certainly the best available option for your organization.
When this comes to the optimum cash flow, the best coworking spaces undoubtedly become the most feasible option as resources and economy are being shared. Unlike the most obvious startup costs like the telephone & internet bills, service & utility charges in coworking spaces, you’re not at all required to shed a huge amount upfront. This will focus on the optimum growth of your organization.
With the major boom in the coworking industry, you have the option of choosing one which rightly focuses and stipulated to a specific industry or the varied ones. The focused coworking spaces provide you with the right benefit as you get to work with the people exactly from the same industry. A focused space gives you the right benefit of enhancing your overall productivity.
In those coworking spaces which are open to various industries are generally surrounded by dynamic professionals who come from various backgrounds. In such coworking spaces, you have the probability of fetching useful ideas that help you in adding a lot of value to your business. This specific diversity strongly promotes creativity by giving you the right perspective on several things every time.
For finding the right coworking space, following is a checklist which you should keep handy:
When you are opting to select the best coworking space in Bangalore, you should necessarily choose the right one where the coworking members are necessarily complementary to everyone else and not preferably competitive.
By Anvesh Basam
who is a passionate Digital Marketer and a Blogger. Much of his content is about current business trends. Besides he is a Lead Gen Specialist with 6+ years of experience touching every corner of it. He loves analyzing various businesses and the ongoing trends of them.
Member since October, 2019
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