Are Coworking Spaces Beneficial to Your Business?

Entrepreneurs long for a workspace where they can feel safe and encouraged to pursue their ideas. They also need a workplace free from distractions so they can focus and create quality work product. The atmosphere of the workspace can also control the morale of the work team.

Shared or coworking spaces are workspaces with an open and exposed floor plan. Coworking spaces do away with the traditional private work cubicles and private offices in favor of visibility. Coworking spaces are beneficial and better for your business ventures and projects than traditional private workspaces and home offices.

Promotes Collaboration

One benefit of coworking spaces is that it encourages coworkers to share their ideas and to collaborate together to work on projects. The traditional work concepts of intimidation and competition are eliminated to show that all of the coworkers are in the same position as one another. Coworkers reported that working in a coworking space setting has given them comfort in knowing they are in the same boat as each other.

This comfort pushes coworkers to break out of their comfort zone and work with fellow coworkers to pursue various ventures and projects to expand their business.

Improves Productivity

Ninety-three percent of coworking coworkers reported they are more productive working in a shared coworking space. Working in an open floor plan exposes the concentration or focus flaws coworkers may have. Through exposing these flaws, coworkers then get the opportunity to unite and hold each other accountable. The vulnerability also tends to push coworkers to push each other to bring out the best ideas and produce top-quality work products.

Being held accountable and pushed by fellow coworkers that are looking to you to provide knowledge of an industry different from theirs encourages coworkers to become the very best representation of their industry.

Social Value

Coworkers in a coworking setting have found value in being a part of a group of workers who have comparable aspirations and entrepreneurial goals. Discovering this like-mindedness amongst workers has boosted business networking. In fact, 85% of coworkers reported a larger business network as a result of utilizing a coworking space.

Coworkers that share a coworking space may also be more inclined to enjoy each other’s company outside of the workplace and in an exclusive leisurely social setting.

Coworking space not only advances the social and visibility value of a business, but also of the person behind the business. Personal reputation and relationships are just as valuable as a business relationship. Coworking spaces value this and support such social expansion.

Creativity

Creativity is endorsed and thrives the most when diversity exists. Being exposed to different industries with different needs results in hearing multiple opinions and points of view that were not initially considered. Over two-thirds of coworkers stated they felt more creative and collaborative while working on projects in a coworking space.

The shared nature of coworking space values working with others from different industries with various skillsets who come together to share their knowledge and experiences. Out of shared motivation for innovation, creativity found in coworking space has heavily impacted business ventures and projects. A survey revealed that 40.93% (four out of every ten) of coworkers pursued business ventures with others they met at their coworking space.

Creativity does not flow when you are surrounded by similarities. It is a disservice to state you are providing fresh ideas and visions when you are personally and professionally not investing in changing your surroundings to diversity. It is being in the unknown and experiencing the discomfort in leaving your comfort zone that you birth true, authentic creativity.

Take Your Business To The Next Level

Coworking spaces have been proven to provide for remote professionals the resources, support, insight and clarity they need in order to advance their creativity on business ventures and projects. Coworking spaces bring professionals together who, although share many professional and perhaps personal differences, share at least one common goal: to revolutionize. Coworking spaces are trending over traditional home office bases or work office bases because shared coworking space develops diverse relationships, promotes unity and collaborations, and expands creativity.