Entrepreneurship demands dedication to strategy, long hours spent developing and working ON your business and when you’re just starting out, a lot of alone time. Sometimes it can be you, your phone and computer locked away in a home office pounding away at the keyboard bringing your vision to life.
But being an entrepreneur doesn’t have to be lonely.
Two much-needed ingredients for entrepreneurs to feel productive and ontrack (motivation and encouragement) can be found easily in more social settings and it’s one of the reasons why coworking for entrepreneurs is so popular.
Why Entrepreneurs Love Coworking Spaces
Coworking is so popular for entrepreneurs because the concept of coworking spaces allows an individual to work on their own project whilst still feeling connected and part of a community of like-minded people or teams.
Whilst an entrepreneur may crave independence and solitude, we humans… we’re social beings. We crave connection and other humans on a deeper level. Even just for a good morning wave or a short conversation waiting in line for the barista-made coffee. If you really dig the thought of working alongside other entrepreneurs all hustling to make their “thing” work then you could be incredibly charged and excited to go to work, knowing you’re working alongside others just like you.
The assurance itself will offer ample confidence and motivation to help you achieve both short-term as well as long-term goals.
Entrepreneurs Starting Out Want To Save Money
Commiting your business idea takes time and…money. Pesky bills pop up more frequently and there is a considerable outlay of money at the beginning of any business venture. So the traditional way of signing a lease to an office space you can ‘grow into’ doesn’t fit well with a lot of entrepreneurs who need cashflow.
By coworking and renting the desks, office and space you need, when you need it you get the best of both worlds; access to the world-class amenities and resources that come along with your coworking space (like ours at JAGA which are second to none) and the ability to pay for what you need in terms of desks and space.
Working this way saves entrepreneurs expensive monthly leases, insurance, upkeep and packing the office with all the amenities that staff expect (do the smart thing and let the coworking space take care of that for you).
Read more about how coworking spaces can save your business money here.
Coworking = Collaborative Environment
Coworking spaces present a melting pot of people from diverse backgrounds with a mix of talents and expertise. The value of the knowledge and skill of fellow coworkers make a coworking space the perfect platform for entrepreneurs to expand on their professional network, get to know and learn from each other and grow their own skills.
PLUS your next best idea for the growth of your business may come from the person you’re sitting next to. It really pays to get to know your coworkers and strike up a conversation.
Most coworking spaces, like ours at JAGA are based on the principles of community and collaboration and create events to support this ethos. Collaborations can see coworking friends cross promote to their respective audiences and create different income streams together. It’s a great way to get your new business in front of a different audience.
At a coworking space, on any given day you can end up sitting next to a web developer or a graphic designer, podcast producer, ecommerce owner or accountant. Recent coworking stats estimate that around 82 percent of co-workers have revealed that since they started working at a shared space, their networks have expanded significantly.
Coworking spaces are vibrant, collaborative and lively working environments wherein everyone works together in the given shared space. If you’re used to working alone from home, joining a coworking space can be life-changing.
Coworking is EVERYWHERE
You may think that coworking facilities are only available in cities. Actually coworking spaces are popping up in satellite cities, rural areas and small towns. The best part is that coworking office spaces help in filling in the gaps that are not otherwise accommodated by conventional office facilities in the given areas.
In rural areas and smaller towns, coworking spaces tend to be more affordable for freelancers and entrepreneurs and provides excellent networking opportunities to expand your professional network in your area.
Coworking is flexible and professional
Entrepreneurship and flexibility go hand in hand. Creating a flexible lifestyle is probably one of the reasons you wanted to enter into running your own business anyway! Coworking is flexible in that you set the agenda.
Do you want to work from home part time and from coworking space part time? You can do that.
Do you want a dedicated office space at a coworking office or do you want to hot desk it a few days a week? You can do that.
Do you want a space for your team to grow, adding desks and offices as you need them? You can do that.
Coworking spaces can help in providing a boost of credibility and professionalism for startup businesses that most entrepreneurs are craving. At JAGA we offer the ability to use our address as your professional address, a mail service and phone answering service, which can help an entrepreneur appear more professional as they grow into their next stage.
If you’re looking to host client meetings, investor meetings, hold private events and functions for your clients, then the available spaces for meetings deliver a great impression to present yourself to potential clients. Your burgeoning startup can appear uber professional and clients and investors alike can see that you mean business.
The future of work is here: it’s coworking.
Entrepreneurs who are looking for space, amenities, community, along with improved work performance and productivity plus the opportunity to gain access to an improved network of like-minded people then a coworking space is the ideal option for you.
Look for a coworking facility that fits your work culture and business ethics. If you’re located in Canberra, come and visit our two JAGA locations: Swanson Court and Allara Street.