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The New Office: Benefits of Co-Working

Abigail Thorpe
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The benefits of co-working for startups, entrepreneurs and freelancers of all ages.

  • A modern co-working office space

    The Growth of Co-Working

    Imagine chatting about the app you’re developing over coffee with an urban planner hard at work on a new bike-sharing program for the city. That’s one of the benefits of co-working. You have the opportunity to surround yourself with people of all ages engaged in innovative, forward-thinking projects. When you opt out of the traditional office and set up shop in a co-working space, the possibilities to connect with likeminded go-getters are endless. Co-working spaces are more popular than ever.

     

  • Co-workers of all ages collaborate.

    Co-Working for a Creative Advantage

    While the average age of a co-worker is 34, according to DeskMag.com, people in their 20s, 40s, 60s and in between appreciate the flexibility and community co-working spaces like Co-Merge in San Diego and 1871 in Chicago offer. Seventy-one percent of co-workers surveyed in 2012 said their creativity increased after joining a co-working space—and 62 percent saw an improved work standard. 

  • A professional class at a co-working space.

    Know Your Options

    In addition to a dynamic environment, co-working spaces allow you to share the cost of Wi-Fi, rent and more, but not all shared office spaces offer the same support. Often, there isn’t a common link between the businesses that share a co-working space. Incubators, on the other hand, tend to require an application and then offer businesses support with marketing and other services. Accelerators are usually dedicated to a timed launch.

  • Professionals work together in a co-working space

    Co-Working for Collaboration 

    In addition to a low-investment, one of the biggest perks of co-working is the opportunity to collaborate and connect with a multi-generational mix of entrepreneurs and freelancers who share your passion and drive.

    Co-working spaces offer social engagement that a home office does not, and opens the doors for exciting collaboration and networking with people who can help build and develop your network or offer advice and tips to contribute to your success. Because each person has her own niche and is actively seeking an open work environment, co-working spaces tend to foster collaboration rather than competition. 

  • A young professional works at a co-working office

    Co-Working for Work-Life Balance

    Working from a co-working space can help foster a better work/life balance. According to Officevibe, 70 percent of co-working members felt healthier than they did working in a traditional office setting, and 60 percent were more relaxed at home since starting co-working.

    In addition to the valuable knowledge-sharing and connections that happen naturally in co-working environments, moving outside of your home office can help to create new energy, foster ideas and prevent distractionCo-Working for Work-Life Balance

     

  • A hectic office space

    Not Everyone Enjoys the Benefits of Co-Working

    While there are some big bonuses to working out of a co-working space, it’s not for everyone. Many people find they become more focused and productive, but for some, co-working offers its own set of distractions in the form of an open floor plan and constant action. To decide if co-working is right for you, spend a day working in a few different spaces and see how it feels. Talk to the people there about the pros and cons. Remember, change is a constant for any startup, so if one option doesn’t feel right, keep on searching.

Publication Date: July 14, 2015
 
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