Why co-working?

2017-05-30 06:01

CO-WORKING, hot-desking, work-share - these are the new buzz words on the block. The increasing number of co-working spaces in SA is a reflection of a much bigger global trend. What is it about these shared spaces that holds such an attraction?

Some of the benefits of co-working spaces are obvious. Cost is a big issue for start ups and co-working spaces offer affordable and scalable access to technology and equipment, wifi, conferencing facilities and sometimes even shared secretarial/reception services.

Networking opportunities allow the new entrepreneur to enter a skill pool of talent and potential new clients.

Productivity is also often quoted as a benefit by those who struggle with distractions of the home office.

Removing the temptations of TV and the fridge as well as adding the surrounding factor of being in the presence of committed, accomplished and enthusiastic people – is highly motivating.

Those interactions are not only productive in output, but also yield enhanced creativity. Many co-workers comment on the re-invigorated sense of purpose and belongings that often goes with these spaces. This in turn allows for access to affordable innovation through skill exchange.

Even more significant is the shift away from competition and petty office politics - typical of the traditional corporate set up, to a bigger sense of community.

Lasting connections that occur organically as opposed to forced and contrived connections of many formal corporate networking events, or the utter lack of connection of the average coffee shop.

Regardless of age our desire these days is to contribute to a larger cause, to be part of movement, a tribe - and these spaces aim to bring such like-minded individuals together.

Some of the benefits of co-working spaces are obvious. Cost is a big issue for start ups and co-working spaces offer affordable and scalable access to technology and equipment, wifi, conferencing facilities and sometimes even shared secretarial services.

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