5 reasons why co-working is becoming so popular

Co-working is a style of work that involves a shared working environment, often an office, and independent activity.

 

On a recent trip to the USA, I visited over 25 co-working spaces in San Francisco, Portland and Seattle.
I was astounded by how popular and how large these co-working spaces are.

 

Some, towering 5 stories high are bustling communities, highly organised, providing everything from boulé to beer. Others, small and industrious back-alley spaces spattered with developers and tech start-ups, exude a quiet, determined energy.

 

The co-working industry is so large that it branches off, tailoring spaces and offerings to specific groups, from the high-end shopping centre providing elegant co-working space for retail tech start-ups, to the converted warehouse retrofitted for sustainability providing space to environmental and social change organisations.

 

The 2016 Global Co-working Survey projects that by the end of this year there will be 10,000 co-working spaces worldwide and by the end of 2017, over 1 million people will utilise co-working spaces across the globe.

 

Let’s look at the top 5 reasons we think co-working is so beneficial.

1. Sharing ideas

Working alongside like minded business people gives you a great opportunity to share ideas and skill sets. Not great at accounts? Need help with your social media marketing? Ask your fellow co-workers for some advice.

90% said they felt more confident when co-working*

2. Productivity

The fact that you’re not at home and getting distracted by the house-work and other tasks will help you work harder and take the process more seriously.

64% of co-workers are better able to complete tasks on time*

3. Cost-effective

Co-working is far more cost effective than hiring out office space. You can have flexibility of when to use it and as its shared space your sharing the costs.

4. Work-life balance

Work-life balance is something most people are striving for every day. Work only when you’re most productive. Work to your own schedule and rules. Work smarter, not harder.

5. Decrease your feeling of isolation

Often as a small business owner or freelancer you miss the social side of an office environment. You can feel isolated and perhaps out of touch. Stay motivated and feel part of a community.

We think this benefit of co-working is pretty important. Especially if you’re a mum, working from home.

Why not join a community and engage with others, while having the freedom to run your own life?

Work by yourself, not alone

#coworking #upswing #childcare

 

* Stats via Huffington Post, provided by Wix and Officevibe. Original sources:

http://www.deskmag.com/en/the-coworking-market-report-forecast-2014

http://www.forbes.com/sites/adrianalopez/2013/04/25/coworking-is-it-just-a-fad-or-the-future-of-business/#167590ad2a80

http://www.fastcompany.com/3004788/future-coworking-and-why-it-will-give-your-business-huge-edge