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Why People Thrive in Coworking Spaces

By | Business, Industry

“Spending time away from the office at a coworking space can also spark new ideas”

There seems to be something special about coworking spaces. As researchers who have, for years, studied how employees thrive, we were surprised to discover that people who belong to them report levels of thriving that approach an average of 6 on a 7-point scale. This is at least a point higher than the average for employees who do their jobs in regular offices, and something so unheard of that we had to look at the data again.

It checked out. So we were curious: What makes coworking spaces – defined as membership-based workspaces where diverse groups of freelancers, remote workers, and other independent professionals work together in a shared, communal setting – so effective? And are there lessons for more traditional offices?

To find out, we interviewed several coworking space founders and community managers, and surveyed several hundred workers from dozens of coworking spaces around the U.S. A regression analysis following our survey revealed three substantial predictors of thriving:

People who use coworking spaces see their work as meaningful. Aside from the type of work they’re doing – freelancers choosing projects they care about, for example — the people we surveyed reported finding meaning in the fact that they could bring their whole selves to work. They’re able to do this in a few ways.

First, unlike a traditional office, coworking spaces consist of members who work for a range of different companies, ventures, and projects. Because there is little direct competition or internal politics, they don’t feel they have to put on a work persona to fit in. Working amidst people doing different kinds of work can also make one’s own work identity stronger. Our respondents were given the opportunity to frequently describe what they do, which can make what they do seem more interesting and distinctive.

Second, meaning may also come from working in a culture where it is the norm to help each other out, and there are many opportunities to do so; the variety of workers in the space means that coworkers have unique skill sets that they can provide to other community members.

Lastly, meaning may also be derived from a more concrete source: The social mission inherent in the Coworking Manifesto, an online document signed by members of more than 1,700 working spaces. It clearly articulates the values that the coworking movement aspires to, including community, collaboration, learning, and sustainability. These values get reinforced at the annual Global Coworking UnConference. So in many cases, it’s not simply the case that a person is going to work; they’re also part of a social movement.

They have more job control. Coworking spaces are normally accessible 24/7. People can decide whether to put in a long day when they have a deadline or want to show progress or can decide to take a long break in the middle of the day to go to the gym. They can choose whether they want to work in a quiet space so they can focus, or in a more collaborative space with shared tables where interaction is encouraged. They can even decide to work from home, without repercussion, if they need to meet a repairperson or deal with a family member need.

And while coworkers value this autonomy, we also learned that they equally value some form of structure in their professional lives. Too much autonomy can actually cripple productivity because people lack routines. Coworkers reported that having a community to work in helps them create structures and discipline that motivates them. Thus, paradoxically, some limited form of structure enables an optimal degree of control for independent workers.

They feel part of a community. Connections with others are a big reason why people pay to work in a communal space, as opposed to working from home for free or renting a nondescript office. Each coworking space has its own vibe, and the managers of each space go to great lengths to cultivate a unique experience that meets the needs of their respective members. Grind, for example, is a growing network of coworking spaces in New York and Chicago. Anthony Marinos, who oversees Grind’s marketing, community management, and member services, shared with us, “When it comes to cultivating our community at Grind, we’re all about the human element. We consider ourselves as much a hospitality company as we do a workspace provider. Our staff knows all of our members by name and profession, and we’re constantly facilitating introductions between Grindists.”

Importantly, however, socializing isn’t compulsory or forced. Members can choose when and how to interact with others. They are more likely to enjoy discussions over coffee in the café because they went to the café for that purpose – and when they want to be left alone elsewhere in the building, they are. And while our research found that some people interact with fellow coworkers much less than others, they still felt a strong sense of identity with the community. We believe this comes from coworkers knowing there is the potential for interactions when they desire or need them.

So what are the implications for traditional companies? Even though the coworking movement has its origins among freelancers, entrepreneurs, and the tech industry, it’s increasingly relevant for a broader range of people and organizations. In fact, coworking can become part of your company’s strategy, and it can help your people and your business thrive. An increasing number of companies are incorporating coworking into their business strategies in two ways.

First, they’re being used as an alternative place for people to work. Michael Kenny, Managing Partner of San Diego-based Co-Merge, told us, “In the past year and a half, we’ve seen a dramatic increase in the use of the space by enterprise employees. We have seen teams come in to use various on-demand meeting rooms. We have users from global companies of size ranging from several hundred to several thousand employees who use the space not only to allow their distributed workers to get productive work done, but also to attract employees who demand flexible workplace and work time.”

Grind is also witnessing growth in the number of remote workers who are becoming members. “We haven’t had to reach out to larger organizations, they actually tend to just come to us,” Anthony Marinos says. “We’ve had employees from Visa, journalists from the Chicago Tribune, and even people affiliated with large financial institutions all work out of Grind.”

Spending time away from the office at a coworking space can also spark new ideas. Rebecca Brian Pan, the founder of COVO and former chief operating officer of NextSpace, explained how Ricoh’s innovation team worked out of NextSpace Santa Cruz for several months to observe how people work and where they hit pain points. Based on member insight and feedback, and their own observations, the Ricoh team explored several new products that could help members in their daily work and chose the most highly rated product to pursue. From this effort, Ricoh later launched this product globally as their Smart Presenter, a paperless meeting solution.

Second, the lessons of coworking spaces can be applied to corporate offices. Just as it’s important to encourage flexibility and support your mobile workforce, there is an equally important reality of creating the right kind of work environment inside your own walls. But this doesn’t just mean creating open plan layouts or adding a coffee bar.

In reality, people need to be able to craft their work in ways that give them purpose and meaning. They should be given control and flexibility in their work environment — many companies are increasingly adopting the best planning practice of providing a 1:1 ratio (or close to it) of desk seats to seats in shared settings used for either collaborative work or quiet work.

Companies are also trying to enable more connections, helping people to interact and build community beyond work meetings. Coworking spaces are one place to look for guidance, as they regularly offer networking events, training programs, social events, and even summer camp. Some companies are going even, further, however. Rich Sheridan and James Goebel, founders of Menlo Innovations in Ann Arbor, Michigan, recently expanded their office space by 7,000 square feet so that so that start-ups and early stage entrepreneurs can work alongside Menlo programmers to spur community and innovation.

In a way, the company is reverse-engineering its office into a coworking space.

Our research — which is ongoing — suggests that the combination of a well-designed work environment and a well-curated work experience are part of the reason people who cowork demonstrate higher levels of thriving than their office-based counteraparts. But what matters the most for high levels of thriving is that people who cowork have substantial autonomy and can be themselves at work. Our advice to traditional companies who want to learn from coworking spaces is to give people the space and support to be their authentic best selves. The result will be employees who feel more committed to your organization, and are more likely to bring their best energy and ideas to the office each day. Even if it is corporate headquarters.

A version of this article appeared in the September 2015 issue (p.28, 30) of Harvard Business Review.

Published by Peter Bacevice, Lyndon Garrett and Gretchen Spreitzer

From the September 2015 at https://hbr.org/2015/05/why-people-thrive-in-coworking-spaces

4 Ways to Avoid Loneliness as a Solopreneur

By | Business, Industry, Tips

Article published by Syed Balkhi at Enterpreneur (https://www.entrepreneur.com/article/340937)

 

Being a solopreneur can be difficult. It means long hours hustling by yourself with no coworkers to bounce ideas off of or shoot the breeze with. Even if you enjoy spending time alone and find you work best solo, loneliness can still take a toll.

According to the Harvard Business Review, “loneliness and weak social connections are associated with a reduction in lifespan similar to that caused by smoking 15 cigarettes a day and even greater than that associated with obesity.”

If you want to improve not only your mental health but also your physical health, make connections with people. These four tactics can help with solopreneur loneliness.

1. Participate in online groups and communities.

Psychologists have found that the more people feel connected to a group, the more satisfied they are with their lives and the stronger their sense of purpose and security. You can make connections as a solopreneur by participating in online groups and communities. Even chatting with people through a computer screen is better than not talking to anyone for days on end.

Joining an online professional group might even get you valuable business advice and insights. For instance, if you own a web design business, you can search for online forums and groups on Facebook or LinkedIn that are specifically for web designers. Since the group is filled with like-minded individuals, you can ask questions, share ideas or get feedback from other members.

2. Work outside of your home.

Working from your home office everyday is isolating. For a change of scenery and the ability to interact with people face-to-face, consider working outside of your home once in a while. Try a coffee shop, restaurant or public library. You could even invest in a coworking space that will provide you with a real office environment where you can work alongside and mingle with other solopreneurs and freelancers.

You might even do your best work when working outside of your home. According to New Scientist, research has shown that a moderate level of ambient noise, like quiet chatter, the clattering of plates or the whir of a coffee machine, improves performance on creative tasks.

3. Attend conferences and networking events.

Attending conferences, workshops and networking events allows you to meet other professionals in your industry as well as boost your skills. You don’t need to travel or have a big budget for this — there are likely many events in or around your own city. Check out your local Chamber of Commerce or Small Business Development Center for details on local events. You can also use a tool like Meetup to find local meetups relevant to your industry. If none exists, start your own! Perhaps other solopreneurs in your area are feeling lonely too.

4. Use your interests and hobbies to connect.

Not everything has to be about business. Why not use your interests and hobbies to connect with other people? If you’re interested in fitness, join a group training class instead of hitting the gym by yourself. Enjoy painting? Go to a group painting class. Like reading novels? Join a book club.

 

Participating in a social activity unrelated to your business might even give you an opportunity to connect with people without thinking about your business for a while. It might also provide you with an outlet for your creativity or a way to destress. In fact, a study by Matthew J. Zawadzki revealed that “engagement in leisure has a wide range of beneficial health effects.” Participants in the study had more positive moods, less stress and lower heart rates when engaging in leisure than when not.

Just because you run your business by yourself doesn’t mean you should spend all your time alone. Use these tips to avoid loneliness as a solopreneur so you can grow your business and keep your spirits up in order to do the work you must to succeed.

 

Image credit: skynesher-GettyImages

6 Benefits of Coworking With Strangers

By | Business, Industry

Change your scenery, and you change your outlook. Networking requires you step outside your comfort zone.

Publish at Entrepreneur.com by Ann Smarty (https://www.entrepreneur.com/article/287882)

Freelancers and contractor writers operate as independent entrepreneurs, but that arrangement doesn’t have to mean creating entirely in a vacuum. Gathering with other freelancers in a coworking environment can benefit professionals as well as their products. Coworking provides opportunities to observe and learn from colleagues who value their autonomy and often share other values, too.

From this perspective, it’s natural that freelancers would appreciate the synergy of a place where numerous, talented people converge in a similar space. The technology age has made it easier than ever for contractors to bring their tools with them. This enables them to work with other like-minded individuals from virtually anywhere.

If you’re thinking about moving your one-person shop to a coworking atmosphere, consider how these perks could infuse you with new ideas and elevate your current projects.

1. Networking and collaborating.

Coworking allows you the opportunity to network and collaborate with a wide range of bright minds. You might even make new friends in the process. Proximity gives you the chance to “pick the brains” of professionals in your own line of work as well as those in related fields. Freelance writers might choose to office with graphic designers, website designers, programmers

2. Using tools on the go

Many phone and web apps, software programs and other tools were designed to be especially beneficial outside of the office. Pare down to the absolute necessities while you’re on the go. Meebo can handle your chatting needs, Line2 is a helpful alternative for a land-line phone system and DropBox assures you’ll always have the files you need at your fingertips. The right tools can make all the difference in your ability to cowork successfully.

If the need arises to organize tasks among coworkers on a big project, freelance writer Christopher Jan Benitez recommends Asana or Trello. These online project-management apps enable remote team members to delegate and assign deadlines. Here are a few others to consider.

  • Cyfe. The business-management dashboard connects multiple apps to monitor stats and updates from a single dashboard. You can iframe Google spreadsheets, connect to email and integrate your social-media statistics.
  • Zoom.Us. This phone and web conference app allows you to chat with anyone and host group meetings for up to 25 people via your smartphone.
  • Ever-note. Bloggers love this versatile tool in part for its “snip” feature. Save videos, web pages, social-media posts, articles and images — and then write your entire blog post within the app itself.
  • MyBlogU. I founded this collaboration platform to connect writers and editors so they could create better content for business websites.
  • Google Docs, Sheets, Slides and Forms. This free product suite supports collaboration by allowing multiple users to create, revise and edit documents, spreadsheets, presentations and fillable forms online. Coworkers can track versions and collect feedback.
  • Iflexion. This enhanced document-management platform is built for those who coordinate larger teams or manage several remote offices. The solution offers custom enterprise content-management solutions.

3. Breaking out of your comfort zone.

Working across the desk from someone with a completely different skill set can help you discover a new source of ideas. You might find your brain is starting to work in different ways, too. As online-marketing consultant Joyce Anderson puts it, taking the risk to invite others to work alongside you breathes new life into the creation process and shows in the finished product, as well.

Experienced writers who reread some of their early compositions are likely to notice mistakes or passages they would have rephrased. If that’s ever happened to you, imagine how polished and clear your work could have been if only you’d had access to your current knowledge, finesse and expertise when you first started. When you break out of your comfort zone, you’re giving yourself a chance to devise fresh solutions to existing problems. Interacting with coworkers facilities this kind of breakthrough.

Many writers are natural introverts. If you’re nervous about joining a coworking group, challenge yourself to step into the unknown. Much of what you fear is fear itself. You needn’t commit to attend every meet-up. Start small, with a gathering like Shut Up and Write. This coworking group’s main focus is providing a forum to write. Participants spend two hours together, typing blog posts or working on novel chapters. At the start of the time block and again toward its end, writers have a brief while to socialize — not more than 10 or 15 minutes, total. It’s the ideal opportunity for attendees to exercise their small-talk and networking skills.

4. Working at your own pace.

Coworking makes it possible for you to create some space between you and your clients — just enough to redirect energy to your own projects and move at your own pace. Stop devoting hours to the same interruptions and distractions that normally plague your days. Why not work in a new environment, surrounded by new people and new stimuli? Coworking can be a respite from day-to-day workplace worries about strict deadlines or clients trying to reach you at your primary location.

5. Making full use of your coworking space.

This is an ideal time to be a freelancer or solopreneur. Coworking spaces allow a startup to maintain an address for receiving packages and mail. You can rent small suites to meet with clients or find a calm room to call clients from a no-kid zone.

Sara Duggan, who coworks at HackerLab, notes her maker space supports startups by hosting an annual competition. Candidates pitch their business ideas in hopes of being selected to attend and eight-week entrepreneur boot camp.

The Sacramento Bloggers group brings in speakers to help members become at what they do. Recent topics include secrets to help separate personal and business Facebook accounts. Those who take part often get the opportunity to work with local businesses.

6. Avoiding loneliness.

Working at home can have an isolating effect after a period of time. Coworking is an easy fix. Working amidst others can lend a sense of camaraderie, even when you’re creating alongside complete strangers.

A successful start-up in a co-working environment

By | Industry
1

Affordable + Flexible

Startups love the affordability and flexibility a co-working space offers. Renting a co-working space is much cheaper than renting traditional office space and often includes amazing perks and extras such as internet services, conference room access, coffee, and much more..
2

Professional Space

Small businesses usually begin at home, we have heard many great companies started in a garage but that is clearly not the case for everyone, not everyone can become an Apple or an Amazon but we can certainly become a professional business where clients can feel welcome, and ensure that now, in today's modern world, first impressions always count.
3

No Politics

A shared office space means different companies in one place, with a variety of tasks and projects. With such setting, there is less competition and interpersonal rivalry.
Without the traditional office setting, the office politics are simply not there, the need to impress a boss or fight for a position is not needed. It's a fast environment where everyone is really there to work.
4

Motivating

The perks of a co-working environment come at a low price, and part of that price is having the benefit of motivation. Working with others and see them preserve themselves and survive in this difficult economy is a reason of motivation and a co-working place does just that.

How does co-working benefit the local economy?

By | Industry

How does co-working benefit the local economy?

Co-Working is the new trend in business settings. That might be hard to believe to those that prefer a traditional working setting, but vital to know as we try to grow our communities.

Co-Working is certainly not for everyone but it serves as a model to boost our economy by enhancing the productivity and growth of many small business and startups.   It is important to keep in mind that if you’re on the verge of joining the big co-working industry, here a few pointers to create a positive outlook.

Co-Working Brings the Best of the Local Talent

Co-working spaces are an affordable option for the small business owners, the individuals that want to start their own thing in a competitive economy.   Think about it, without a co-working environment, it is impossible for the local accountant to afford an office setting, and therefore these people are pushed to go work in the big city for the big companies.   Co-working helps these talented individuals stay in town, maintain and save their money, talent, and enthusiasm for use in the local economy.

Co-working Brings the Best of Small Businesses

Small Businesses are an important part of job creations, although you hear in the news that ABC Corp or XYZ Inc. create many jobs, that’s not entirely true.  Big companies create jobs to create more services or products, but not because they want to boost the local economy.  Small businesses on the other hand are the light of a local economy.  A small businss owner lives, work and shops in the local town and do care about the personal lives of their employees.

We’ve learned through this co-working journey that 92% of the co-working spaces are usually occupied by small businesses.  Anyone from a simple freelancer, to a tiny DBA or a mid-size LLC are the responsible parties for this co-working growing trend.

Co-working Boosts Collaboration and Networking

Since it’s a shared space, a co-working environment does allow you to interact with other tenants and share professional expertise and really get personal because each person sharing a space is not just a neighbor, he or she becomes part of your day to day.  Versus a neighbor you may see every now and then.  We’ve learned that when a co-working community exists, it stays connected and pushes to preserve and help each other’s businesses by learning new skills, saving money and reducing the need for unnecessary “things”.  It is a true workforce.

  • New Business Setting Trend
  • Local Talent Exposed
  • Fishes Out the Small Businesses
  • Creates Network Opportunies