Published 06 September 2017 Category: Co-working, Entrepreneurs, Workplace, Business Trends

Why Entrepreneurs Should Ditch The Home Office

Working from home is a dream for many, until they actually get to doing it and realise it doesn’t necessarily live up to par.

With the bed around the corner, dishes in the sink, and an all too comfortable couch, the home office (for many) ends up not being the best place to actually get work done. Comparing office alternatives is important for every business owner to discover which environment allows them to reach optimum efficiency and productivity. So, what’s the next best thing? Co-working? That’s right!

Co-working nearly doubles every single year. But, before we get into it, what exactly is co-working anyway? Co-working is a non-traditional, shared working environment for entrepreneurial, like-minded individuals. Let’s look at some statistics below.

How is co-working that awesome? Whether you’re a freelancer, start up, or corporation – the following are some of the many things that co-working offers:

Designed for Work
Co-working spaces are intentionally designed from the ground up for members to get work done, whether you’re alone or with a group. Even the architectural design is created in such a way that encourages social interaction, collaboration and networking. Most co-working spaces are designed areas for members to socialise, offer conference rooms for meetings, have lounging nooks, and private offices amongst common area/dedicated desks. Every setting you may need to get work done in one space!

Likeminded Environment
Not just anybody decides to work out of a co-working space. People that seek this environment are often creatives, business owners, entrepreneurs, and go-getters. Surrounding yourself with people who are just like you, has also proven to give you a motivational and productive boost!

Quality Social Interaction
Working from home can get lonely. It’s hard when both your work life and home life are… well, home. In fact, moving work out of home made 60% of coworkers happier whilst at home! This is because co-working spaces aren’t just about the office space but also about the community. Studies show that 91% of coworkers have better interactions with others after working. All thanks to the quality conversations, friendships, and encounters that happen in a co-working community.

Potential Collaborators
The cool thing about being in a space of likeminded individuals is that you’re surrounded by all different kinds of expertise. Perhaps you’re working on a new project and need help creating a logo? Chances are, there’s a graphic designer sitting right next you! There’s a heightened level of trust when you’re able to turn to your neighbor when you need help in getting a project done, and what’s great is that they’re typically happy to do so! Why? That’s business for you and them as well.

Customer Expansion
Not only can collaborating open up some doors for you but so can all the people that come and go in co-working spaces. There’s lots of opportunities to network, chat, and get your name out there! In the first Global Co-working Survey held by Deskmag, 42% of coworkers said that their incomes increased since joining a co-working space.

Professional Venue/Outlook
It is professional and convenient to have a business address and a venue to where you can bring your clients. First ipressions matter!

Events, Discounts, and More Perks
All statistics aside, becoming a member for a co-working space also comes with neat perks, like access to working at your own pace, your own time to your own terms. You could have the chance to host your own workshop and show off your expertise to the public. Memberships sometimes also include discounts to local businesses or even memberships to other organisations!

Although co-working may seem like a pretty recent concept, it’s not all that uncommon anymore. According to findings by the Global Co-working Survey, approximately 1.2 million people all over the world will work in co-working spaces by the end of 2017.