ADVANTAGES AND BENEFITS OF CO-WORKING SPACE.

1. Structure and Effectiveness:

Working from home presents an abundance of distractions. It can be really tough to concentrate and work effectively when you’re close to your television set, in your bed or with your family. Keeping work separate from home allows you to keep the structure in your life, and provides a reason to get out of the house. Co-working spaces can also enhance your effectiveness. People who use co-working spaces are more productive due to the energy and mindset adjustment that is generated by the interaction and accountability a co-working environment creates. This simply means that the financial costs of using a co-working space are much lower than the financial benefits it creates.

2. Comfort and Avoidance of Loneliness:

Co-working spaces help you avoid loneliness, creates comfort and helps you get Inspired by like-minded people. Working alone can be isolating and may sometimes affect your mood. The goal of co-working space is that even though you are working by yourself, you are surrounded by amazing people. Usually, members of a co-working space have the same goals as you, and those are exactly the kind of people you want to be surrounded by. Co-working simply makes your day more energizing, fun and happy.

3. Network and Improve your Social Life:

Co-working space is a place where some of the best minds are gathered, each an expert in their own field. It helps you easily create an amazing network that will help boost your career. Co-working puts you near people who might have the skill-sets to proffer solutions to problems you are facing. In co-working spaces, you are guaranteed to meet high quality, talented, and like-minded people to add to your network that might become critical for your business, co-working also affords you the privilege to meet new people and make new friends with amazing people in new places. After you dedicate some time to build your social network in the co-working space, you can approach your expert friends for high-quality advice on a wide range of topics like social media and digital marketing, programming, design and much more. The synergies and mutual help of one member to another are invaluable.

4. Reducing Costs & Adding Flexibility:

Renting an office includes taking care of installing infrastructure and taking care of utility bills that drain cash and time. The staff in the co-working space will take care of all that for everyone. Also, regular office rental requires signing long term contracts, usually for a minimum period of one year. Co-working spaces allow you to rent your table or even a room for a few days, weeks or a month and allow you to focus on what counts: Your work.

5. Team Building and Emotional Support:

Scaling and truly become successful usually involve working with others. So building a team and hiring persons to help grow your business is really essential. Co-working spaces are one of the best places for getting the right talent for your business. It basically allows you to invite another person to work with you without the need to rent a dedicated office. As your team grows, many co-working spaces often offer the option to rent a team room which helps your team to focus working on your projects while also enjoying the interaction and perks outside of your dedicated room. Surrounding yourself by fellow entrepreneurs and freelancers while working in an environment like this will allow you to continue pushing forward through moments of self-doubt while also receiving and giving emotional support to your fellow coworkers.

6. Education Opportunities and Events.

Most co-working spaces usually organize events as a way to market themselves and also increase revenue. This means that as a co-working member, you will have fast and easy access (mostly free) to interesting events and educational opportunities ranging from lectures about entrepreneurship and startups, etc.

Bonus

Free Wi-Fi, coffee, fridges, microwaves. You often save a lot of money in this kind of working environment because unlike a cafe where your small costs add up without you noticing, a co-working space lets you know what you will pay upfront.

In summary, Co-working = Efficiency + Business Opportunities + Lifestyle