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The Big Move Towards Coworking

The Big Move Towards Coworking
Though relevantly new, Coworking continues to prove that it’s not just a passing trend but an innovation about to completely change the game.

According to the first Global Coworking Survey of the year 2017, the number of spaces have increased from 1,130 to 23,800 over the last 6 six years. Consequently, the numbers of members grew from 43,000 to 1,118,000. Several experts have also predicted a steady growth for the market by the year 2020.

One factor to note is how the current workforce have changed over the years. With Millenials dominantly taking over majority of the world’s labor force, a revolution has been introduced – flexible working. This change have opened its doors to an opportunity of choosing when, where and how a person works.

The evolving workforce of freelancers and startup entrepreneurs led to the rapid success of coworking spaces. But why do startups choose this type of workspace over traditional offices? How come they’ve chosen the former over the latter when for decades, success was seen in the form of your very own office space?

Facts and Figures

Coworking Spaces offer so much more than just aesthetically pleasing desks and chairs with high-speed internet connection at an affordable rate. These vast areas are made not only to improve one’s productivity but were also meant to make work much more exciting than before.

With network being one of its benefits, it’s a no-brainer that it continuously attracts startups. Access to a wide variety of individuals than can help you gather resources as fast as possible and as affordable as you can is a huge plus. Starting up a business from a scratch is hard, just imagine doing it on your own without anyone to give you a hand.

In the year 2015, the Global Coworking Unconference Conference (GCUC) and Emergent Research have found out that 82% of co-workers have expanded their professional networks since joining. Another 80% have also added that they turn to other members for help or guidance.

Moreover, the relationships you make with like-minded, passionate people can make meaningful connections – other else than collaborating with one another, you get to share similar experiences and dilemmas as entrepreneurs.

Another benefit to note is that several co-workers have reported an increase in their focus and productivity whilst working in these communal areas. Statistics say that 64% of the global co-workers have been able to complete tasks on time than when they were working in regular offices.

Being surrounded by like-minded individuals motivate members to reach goals and with each and every one coming from different backgrounds and industry, there’s no rivalry – no office politics.

Lastly, yet one of the most important benefit that coworking can impart to an individual is positive energy.

Several studies from the past decades have emphasized that office environment can have a heavy influence to a person’s overall happiness and with new findings presented at the annual convention of the American Psychological Association reporting loneliness as an even greater threat than obesity to public health, experts have raised concerns on what we can do with what they perceive as a loneliness epidemic.

A report from Deskmag.com have said that 70% of co-workers felt healthier than from when they were working in a traditional office setting. GCUC’s survey from the same year have also reported that respondents are happier, less lonely and have said that co-working even helps keep them sane.

Coworking bridges the gap between happiness and productivity by combining them into one package – a combination that is often perceived to be unachievable.

The reasons why numerous startups are making the big move from leasing traditional offices to coworking spaces go deeper than most people think. It’s not just the affordable rates or the free coffee – it’s the connections, the lessons you learn from talented individuals and the happiness in doing what you love and loving what you do.

Ready to make the same big move? Join us now!

The Good & The Bad: What Competition Really Does to You

The Good & The Bad: What Competition Really Does to You

“Survival of the fittest”

For years, we’ve lived by Charles Darwin’s words – those who adapt with the opportunities and risks presented by nature will have better chances of surviving – and we’ve applied this in various aspects in our lives.

This, of course, resulted to a culture bred by constant competition. In school, we competed against our classmates for awards. In the University, we competed with friends and in certain circumstances, we compete with a few family members. That’s why it doesn’t come as much of a surprise when we compete with our colleagues in the office.

For decades, numerous companies have created an environment wherein employees compete against one another for bonuses, promotions and even recognition. This Darwinian approach to corporate culture have always received a mixed amount of commendation and criticism.

Why It’s Good For You

Studies have suggested that competition can motivate a person to improve the quality of their work and help boost their creativity. In addition to that, skills like willingness to push past boundaries, trusting one’s instinct and problem solving are being developed. These are the same skills needed for innovation.

It increases productivity – igniting a fire in a workforce and motivates employees to work harder in order to keep their position – and at the same time, it helps increase overall efficiency of the firm.

Competition also helps employees identify their strengths and weaknesses. It allows them to narrow their focus on what they’re good at and concentrate on improving the areas that they are lacking. In addition to this, it pushes individuals out of their comfort zones, makes them strive harder in order to become better and allows them to break boundaries.

Why It’s Bad For You

Despite of the numerous statistics and studies showcasing the positive effects of competition, it is also important to note that every individual’s motivation and creativity can be accessed in various ways.

Authors of the book “Top Dog: The Science of Winning and Losing” quoted a research that says 25% of people have a hard time under too much competition and become disengaged but 50% of employees benefit from it. All the while the remaining 25 percent are not affected by it. They also mentioned that there’s even a gender gap as well.

When the environment gets too competitive, it kills morale, causes stress and fosters petty politics and backstabbing. It narrows an individual’s cooperation among his or her coworkers. The fear and anxiety too much competition elicits can affect how a person behaves – how the competition makes a person feel dictates how they would try to win.

Finding a Middle Ground

Though it seems like finding out a way to get the right amount of competition that could be beneficial to everyone in the enterprise is hard, it’s best to strive for the middle ground.

University of Toronto psychologist Jordan B. Peterson said that competitive games are also cooperative games. Take for example basketball; each team are competing against one another and every member of the respective teams are cooperating to win the game. At the same time, each player from both teams are competing against one another to become the best player by the end of the game.

“Cooperative Competition” suggests that by working together, each member pushes the other to be more productive and produce better output. According to the author of the book The Leadership Brain for Dummies, cooperation among one another releases brain chemicals that enhance bonding, motivation and pleasure.

And as more and more members of the workforce demand for a little less competition and a little more cooperation, a new kind of workspace have been discovered.

Made to foster a community that values collaboration and lessens internal competition, “Coworking Spaces” is a new kind of flexible workspace made to house freelancers and young professionals from all kinds of industry. With an office space setup, it opens an individual up to the chance of meeting talented people from different places without the need to compete with them.

At the end of his discussion, Dr. Peter says “And the victory that you attain across the set of all games isn’t winning all the games: it’s being invited to play.” Winning confuses us and blinds us from the truth that playing among talented members makes the game more meaningful.

Are you ready to play along and win – or lose – with everyone? Join us then!

Why You Should Try Coworking Instead of Staying at Home

Why You Should Try Coworking Instead of Staying at Home

For years, homes and garages sheltered daily operation of small businesses and freelancers. And with the surge of remote working, the trend of working from home continues to increase. Figures report that 38% of employees from different industries like management, business, and other related professions worked from the comfort of their homes – showcasing a huge leap from the recorded 19% from the year 2003.

And though numerous studies have said that having the ability to work from home every now and then helps increase productivity – not to mention lessens the stress of an individual – it comes with downsides that could easily affect the overall work performance of a person.

The Drawbacks

The idea of going to work without the long commute and having greater control on your workflow sounds like a good deal but there are certain drawbacks that one should definitely consider first.

Working at home requires a lot of self-discipline. Getting up at the right time and making sure that you make the most out of the day without giving in to the temptation of procrastination and sleeping in takes a great deal of control. Moreover, it lessens the distinction between work and personal life, making it harder for an individual to shut down focus.

And overtime, the isolation will get to you. It gets lonelier without your officemates. In addition to this, less interactions make it harder for trust to be established and for relationships to develop. Face-to-face interactions allows for learning among peers, not to mention the networking opportunities you can have in a normal workplace.

Soon enough, you’ll have an appetite for a new atmosphere and better social interaction. But where do you go when you’ve outgrown the comfort of your home? When you’re finally in dire need of social interaction aside from talking to your cat or conversing over Skype?

The Rookie

Unless you’ve been at home with the curtains shut closed, you probably heard about a new kind of workplace that combines the flexibility and control a home offers with the networking opportunities and social interaction a traditional office gives; Coworking Spaces.

The rookie have made itself known not only among freelancers and independent professionals but even among large scale companies. Well received for its open office setup, coworking spaces gives you the freedom to choose the office setup you think suits you best. In addition to this, it fosters collaboration among its community members.

Since the year 2012, more and more coworking spaces have been established all over the globe. According to the Global Coworking Conference Survey of the year, an estimated 12,800 coworking spaces will be available globally this year in contrast to last year’s 11,300. Experts have predicted a steady future for its market in the next three years.

Numerous studies have also discussed the several advantages co-workers get, from increased happiness and productivity to greater network and collaboration among professionals coming from different industries.

“To each his own” as they say. Each and every one of us have our own way of getting productive and with the trend of flexible working, we can now have the liberty of choosing the best environment that will be best for the interest of your business and your personal growth as a professional.

Interested? There’s a new space in Mandaluyong about to open soon!

When Traditional Offices Become a Fading Custom

When Traditional Offices Become A Fading Custom

Large-scale corporate offices have been the marker of success for decades, but traditions are changing. Social and economic trends are revamping this generation’s ideas on modern offices – representing a challenge that cannot be overlooked.

As more and more of us turn our backs to traditional offices, this evident change created a huge impact on each and every one in the industry.

Emerging Trends

Brokers face a new challenge; adjusting to the new realities of the industry.

Experts believe that traditional spaces have passed the peak of its fame. Studies have backed this up with figures highlighting its deterioration over the years, suggesting that the pressure of rent escalations drove companies to look for smaller and cheaper offices.

Corporates also deal with the demand of giving its workforce a chance to a better work-life balance. According to a survey conducted among more than 2,000 adults in the year 2015, 38% of employees missed live events because of bad work-life balance. Another 60% blame overbearing leaders for the negative impact their work brings to their personal lives.

The happiness and health of an individual is negatively affected by long commutes. Hence, the demand of working near homes does not come as a surprise.

Moreover, workers are expressing distinct demands for flexible working. More and more employees are asking for the opportunity work from home. Though companies would be more than willing to hand them enough freedom to do so in hopes of increasing a positive impact, they still want them to have the ability to collaborate among one another.

Employers and workers are looking for a new model of workplace that can serve both of their best interest.

Fading Custom & Chain Reaction

With the threat of a new challenge to real estate marketing and emerging demands from both employers and employees, a new breed of workplace was given the opportunity to be discovered.

Office space providers started to revolutionize its methods by pairing the traditional office solutions with offers of flexible workspaces – allowing companies to acquire the amount of space they need, when they need it.

This, then resulted to the emergence of a new kind of office space; Seat Leasing and Coworking Spaces

A mix of the traditional office solution and flexible workspace, Seat Leasing gives access to the necessities a company needs, the moment they need it. With the prices inclusive of equipment, facilities and even maintenance, seat leasing saves them from legal papers and excessive costing. In addition to this, it gives them a major advantage over long-term contracts.

Startups who are planning on meeting a strict financial goal and is in need of bootstrapping its office can try this type of flexible workspace.

The newest breed called Coworking Spaces, offer a much more complex and unique office setup. Made to cater all types of professional from different industries. It comes with an open space set up that gives its members the freedom to choose the perfect office environment they need – they can choose from working alone in a sole area or collaborating with the rest of the room. It also fosters a great community among its members

“Coworking Spaces” are the perfect solution for companies that want to give its employees the liberty of having a great work-life balance and the chance to collaborate with talented individuals.

Though not all organizations are scurrying to cut down the size of their offices, statistics and trends says it all: traditional offices are slowly fading, making room for a new kind of workplace that understands the needs of both companies and employees.

With our customs slowly fading, it’s about time that we discuss how to transition from traditional offices to flexible workspaces.

An Open Letter to a Young Freelancer

An Open Letter to a Young Freelancer

Dear Young Freelancer,

Don’t go to coffee shops. Just don’t.

And though I can bet you’re probably reading this inside one, do yourself a favor and don’t do it again.

I know what you’re thinking; this place is so much better than staying at the comfort of your home where the temptations of procrastinating, sleeping in and binge watching your favorite series can pull you in. And if you’re like me, who most likely just graduated from college, you’d say that you owe them one – if it weren’t for nearby coffee shops, you probably flunked that Thesis class.

But here me out.

I mean sure, the ambiance of coffee shops gives you a change of scenery – inspires you better than those four boring walls of your garage ever did – and the sight of other young professionals engrossed in their work motivates you to start grinding, underneath all that lies downsides we’ve chosen to ignore.

Sure, it helps you focus on the tasks at hand because there’s no TV to distract you or comfy bed to seduce you into sleeping in but have you considered the noise? The people coming in and going out? The endless chatter? Not to mention the anxiety you get once you’ve finished that coffee and whatever pastry you ordered it with, thinking that the barista – or that guy who just came in – is judging you for overstaying.

Though it’s important to note that productivity and focus is subjective and tends to be different with one another, we all have to admit that every once in a while, our thoughts go astray when we find something a little more interesting than the matter at hand.

Don’t even get me started on the coffee. It’s a little bit overpriced.

I understand. Truly, I get it. Being a caffeine lover myself, I don’t really mind splurging over a cup of coffee every now and then – paired with a slice of cake or pastry you’ve been craving to have for days – it’s quite an experience. It’s a nice treat after weeks of saving up, honestly. And coffee wakes up your sleeping soul and helps your brain function better, it does the same thing to me.

But after a week spent in your ‘coffice’; chances are, you’ll be regretting it – thinking at the back of your head that you could’ve made that cup of caffeine in your very own kitchen and saved that money.

Oh, and the internet connection? Inconsistent. Even if you’re paying for the WIFI connection via a slice of New York Cheesecake and a medium sized Americano, you can’t guarantee that your connection won’t be spotty or slow.

And lastly, the one factor that made me realize that maybe coffee shops sometimes aren’t the best places to work at – space and time. In order to get a good space and secure a socket for your laptop charger, you have to be there as early as you can and you can’t stay there for long hours – you either feel guilty for ordering so little and staying for so long or the coffee shop itself kicks you out for loitering – either way, your work momentum gets destroyed and it could take you a while to get that back.

‘Where to now?’ you’d ask.

You don’t like working at home because of the tendencies of procrastination and distraction. Not to mention, you need caffeine to function properly as a human being

Where do we go now?

Unless you’ve been cooped up inside your favorite coffee shop for a long time now, you’ve probably hear of Coworking Spaces.

Now, Coworking Spaces is this wonderful thing that combined your two favorite things in one – the comfort of your home and ambiance of your favorite coffee shop. They are workplaces that are membership based with an open space set up that allows you to choose the environment you need to get a little more creative and to be more productive. No need to haggle for your own space plus you get to work whatever time you want.

In need of some alone time? You can pick a desk and do your own thing. Or are you in the mood to get inspired and maybe even collaborate? Why don’t you go join the community at the lounging area to get some fresh ideas! And did I mention that there’s free coffee?

Thing is this, the way people of this generation work are changing and unlike before when us, freelancers, had very little choices of workplace, we now have the ability to choose the perfect setup.

So why don’t you go and be the brave young person you are and try the new trend of co-working spaces? I’ll be more than willing to introduce you to one.

Yours truly,

Former Coffee Shop Loiterer

A Great Timing for Seat Leasing

A Great Timing for Seat Leasing

Timing is everything”  Shakespeare once said.

More likely than not, you’ve heard people talk about the so-called “perfect timing” in terms of numerous aspects in our life. And believe it or not, timing is everything, even in business. Overseeing the current market, local economy and current competition is important. Before making any decision, you have to ask yourself first – is this the right time?

Just in Time

The ‘JIT’ or ‘Just-In-Time’ method is an inventory strategy where raw materials are only bought and received as they are needed. Its goal is to lessen the cost on inventory expenses as well as decrease waste of goods.

Instead of getting large amounts of materials should the demand for the product soar, only the amount of supplies needed are ordered and delivered at the exact time thy are needed.  Not only will the manufacturers save money from materials, they also save warehouse storage.

The said approach changed the game for the manufacturing industry. Years later, the same approach is now being applied in terms of office space.

Timing: The Right Place at the Right Time

The ‘just-in-time’ approach is slowly changing the commercial real estate. What with the rise of remote working – creating a new kind of demand from today’s labor force as well as financial pressures of the current economy, workspace providers are facing a new challenge.

Soon enough, workspace providers took this challenge as an opportunity to improve their marketing strategy by offering their clients more flexible options that would fit their needs at the time that they need it.

This change paved way for a new kind of workspace; Seat Leasing.

Seat Leasing is the kind of flexible workspace that provides companies with fully furnished offices and high-end technology needed for business operations to run smoothly. It gives its clients the freedom to lease the amount seats they need only until when they need it.

With affordable prices inclusive of equipment, facilities, maintenance and even outsourcing services, seat leasing saves companies a ton of money and also precious time that they can allot for improvement of operations. Moreover, it makes bootstrapping your very first office – or brand new site – a lot easier.

Since arriving in the Philippines, the seat leasing industry have proven itself to be a big necessity. Not only did it help startups open their first office and large scale businesses to have offshore sites, but it opened numerous job opportunities for the Filipino workforce. And now, Philippines have become the one of the BPO countries in the world.

Other than saving time and money, it gives you the opportunity to be much more accessible to your clients and employees. Recent studies have reported that long commutes drain most employees and its negative impact play a significant factor in their productivity. Several business outsourcing providers can now be found along the prime cities of the country and with sites opening near residential areas, making office spaces are now easily accessible to employees.

Of course, timing is only one of the many factors any entrepreneur should consider in finding the right balance between understanding your needs as a company and knowing the needs of those who work for you. Make sure that you are ready to make the move.

If you think right now’s the perfect time, maybe it’s about time we meet.

The Advent of Coworking Spaces: A Brand New Strategy

The Advent of Coworking Spaces: A Brand New Strategy

Over the last three years, the world witnessed the ever-present growth of co-working spaces. Around the globe, over 7,000 players are now in the said market. According to the Global Coworking Survey, by the end of 2017, nearly 1.2 million people worldwide will have worked in this type of workspace. Moreover, co-working spaces are planning more expansions.

There’s no denying that things are strongly looking up for co-working spaces, but what inspired this sudden boom of demand for this new kind of flexible workspace.

The Start of a Revolution

The first official coworking space opened in San Francisco only six years ago yet contrary to popular belief, it was first conceptualized long before. The idea first came to life during the year 1995 in Berlin when an association of engineers widely known as C-Base, created what they called a ‘hackerspace’ – a place wherein hackers can meet and work with one another. Four years later, it reached the shores of New York City.

Bernard De Koven coined the word "co-working"

 

In the same year, American game designer Bernard De Koven coined the term ‘co-working’ to explain the phenomenon of professionals working together as equals. De Koven was astonished to realize by how revolutionary the idea had become. This is due to the fact that most people don’t work together, specifically those coming from the business industry.

 

A Brand New Strategy

‘What makes coworking so special? What made experts say that it’s the key to success for startups?’

There’s no definite reason for the success coworking brings to startups. Instead, a mixture of different factors that contribute to its benefits. There’s meaning, control and community to name a few.

Numerous members of co-working members have said that they find more ‘meaning’ to their work in this kind of setting. Coming from different companies, projects and backgrounds, competition is kept at a minimum. Moreover, to some people, helping others equates ‘meaning’. The set of community and variety of skill sets help in creating a working environment where collaboration is preferred rather than competition.

Another factor is control, it allows employees to gain greater flexibility in their work hours. They have more freedom on whether they’ll be putting on a long day or take a break in the middle of the day to spend some ‘me’ time.

The Numbers

According to the final results of the 2017 Global Coworking Survey entitled The Profitability of Coworking Spaces, 40% of all coworking spaces are profitable. In the past four years, the percentage has risen from the figure of 32% since the year 2013. On the other hand, the number of co-working spaces that lost money dropped from 36% to 26%. Moreover, the final results discussed that age, membership figures and location of the infrastructure affects the profit they make.

And with Millennials starting to dominate the current workforce – the tech-savy and independent generation – the demand continues to grow. An estimated 48% of the Asian workforce is being dominated by them – from ages 15 to 34. The U.S. Bureau of Labor Statistics also predicts that by the end of 2030, the said demographic will make up 75% of the workforce.

Future predictions show great developments for the market of “Coworking Spaces” and as more and more enterprises turn away from the traditional workplaces, are you ready to make the switch? We’ll be more than willing to talk more about the success of coworking spaces.

The Underrated Star of Films

The Underrated Star of Films

More often than not, audience think that the storytelling potential of a certain movie or TV show heavily relies on its screenplay and its actors. Though there is no denying that the two play major roles on the narrative of a film, there is an underrated star from the cast of most films and TV shows.

“The Location”

A setting or location is where the narrative of a film or series takes place and can be anywhere. Contrary to popular belief, it indicates something deeper than just what time a scene happens or where it occurs. Just like a character, a location can effectively influence the mood, style or themes of a movie.

A scene from the 2012 movie " Life of Pi" adapted from a novel written by Yann Martel.

A scene from the 2012 movie “Life of Pi” adapted from the 2001 best-selling novel written by Yann Martel.

The audience gets the chance to learn more about the character from where they live, go to work and spend their free time. Moreover, the setting can also showcase the growth of a character.

The way a set is lighted can also represent an idea or really anything. In the movie “The Life of Pi“, the spiritual journey of its protagonist Pi, across the ocean represents his spiritual journey. In this film example, the setting of an island can also represent the obstacles a person goes through in their life.

In addition, settings can also heavily influence the plot just like its characters. It can kill the characters or even force two of them together. It is impossible for a character to leave a setting and it is always integral in moving the plot forward.

Though not every location can represent something, it can easily set the mood of a certain scene with shadows, lighting and contrast. If the lighting is set on high, it means power. If the character is in a low contrast setting, it shows lack of power.

A film still for the 2016 movie <a href="http://www.starwars.com/rogue-one">"Rogue One: A Starwars Movie"</a>produced by <a href="http://www.starwars.com/rogue-one">Lucasfilm Ltd.</a> and distributed by<a href="http://www.waltdisneystudios.com/">Walt Disney Studios</a>.

A film still from the 2016 movie “Rogue One: A Starwars Movie” produced by Lucasfilm Ltd. and distributed by Walt Disney Studios.

The contribution a location makes in a film isn’t enough to showcase how important it actually is. Its power can also be applied in business.

It is detrimental that a business has a location that is easily accessible to both their targeted clients and its own employees or manpower. It is also important to note the kind of infrastructure that you need to acquire, as well as the facilities that it has to offer, which will support your daily operation needs. Luckily, seat leasing providers and even the new trend coworking spaces can now be found in the prime cities of the Philippines like Makati, Mandaluyong, Ortigas and even Quezon City. In addition to this, with the growing trends in transport technology, the commute will be a bit easier.

Interested in seeing the countless possibilities a prime location can offer? Contact us now.

Less is More, Quality over Quantity

Less is more, quality over quantity

Quality over quantity – it’s a concept that already existed for years and have been ignored relentlessly. Yet in our defense, it is easier said than done.

In the corporate world, enterprises are expected to make money as fast as possible and as many as one can imagine.  And crafting every single product can be time consuming, not to mention expensive. Products like these have the tendency to end up with higher pricing that look less attractive to consumers – all the while producing numerous low quality products can be far more profitable.But here’s the catch: mass producing products made of low quality materials can result to a number of unhappy customers.

And with the internet sitting right in a consumer’s palm, word travels faster than ever. This generation‘s consumers have made it a habit to check opinions online before buying anything and if a product becomes known for its poor quality, it would immediately reflect on their sales. It counts to recognize that quality isn’t generated by the quantity you produce during your work hours but rather the quality you produce during those hours.

The same can be said when it comes to picking a brand new office space – less is more.

Outright owning an entire commercial office space clearly has its perks, not to mention that for decades, large-scale offices have been a marker for a successful enterprise. Though corporations would often emphasize how the acquisition of a new office isn’t easy, it’s usually ignored. What startups don’t realize is that it comes with a cost, in the form of huge budget cuts and time consuming completion of legal requirements – to name a few.

The necessities a brand new commercial space entails can risk the quality of your business operations. It makes you think do we really need a large quantity of space or is it alright to start small and maintain high quality services? Which of the two should you prioritize?

So instead of acquiring a dedicated office space, consider leasing seats.

Seat Leasing is a versatile business solution that offers you the essentials needed in starting up a business or a brand new site from seats, workstations, high end PCs, conference rooms, internet connection and even IT support and maintenance. Not only will you be saving by acquiring the exact number of seats that you need, it will also save you from the headache causing legal papers. Moreover, with the funding that you have saved, you can focus on other costs needed for efficient business operations.

Quality over quantity – though choosing the latter can be tempting, the former bears more significance in the steady success of a business. You may have few resources, yet this allows you to utilize your passion and drive to become the greatest weapon in your arsenal – putting no limit to what you can do when you immerse yourself to a vision that inspires you to move.

Let us overcome these limitations and let your enterprise be known for choosing quality over quantity.

The Benefits of Coworking Spaces

The Benefits of Coworking Spaces

Over the recent years, coworking spaces gained the momentum needed to be one of the latest trends in the business industry. With the increasing demand for a cost-efficient and convenient workplace, several communal areas are now available in the Philippines.

Coworking spaces are workplaces that offer a comfortable area for freelancers and entrepreneurs of this generation. It provides a flexible membership-based commitment that guarantees smooth sailing operations at a very affordable rate.

Besides this, what other benefits can coworking spaces present? Why consider it as a business strategy and what makes it so effective compared to traditional offices?

The Benefits:

Meaningful Work

According to surveys, freelancers who worked in coworking spaces find more meaning in their work because of the fact that their whole selves can be present during the process. Unlike traditional offices, coworking spaces has members who work for different companies, industries and projects – eliminating the direct competition or internal politics that causes employees to put on a work persona to fit in. Moreover, studies have shown that working among people from different types of projects and campaigns can also strengthen one’s own work identity.

Diverse Community and Creativity Flow

Communal spaces provide like-minded professionals from different industries and different backgrounds, an avenue to collaborate and learn from one another. This gives individuals the chance to create connections and new networks that could be useful to them or the business in the future, whatever industry and organization they may be in. The connections a team can develop within the diverse community might pave way for new opportunities.

A community of equally driven individuals will help its members stay motivated. In addition, social interactions with others throughout the day can result to a healthier mind and body.

Flexible Office Space

With the concept of a hybrid between a big coffee shop and shared office space, individuals can choose the work environment they think would be best for them. They have more freedom to work in a quiet space to focus or in a shared space to allow collaboration and interaction.

Thriving Employees

Coworking spaces allow avenues for two important components of thriving; vitality and learning. First, Vitality or the sense of being passionate, excited, and alive. Employees experience a spark of vitality when they are surrounded by equally passionate individuals and when they get the sense that what they are doing on a daily basis is making a difference.

Second is learning or the result of gaining new knowledge and skills. Other else than the technical advantage and status as an expert that an individual can gain, it can also set a cycle in motion: that people who continuously develop their abilities are likely to be more confident in their potential for further growth.

Despite originating from freelancers and entrepreneurs, it remains to be relevant to the broad range of organizations and traditional companies. It suggests that the combination of a healthy work environment and a great work experience can become part of a company’s strategy in creating a healthier and happier work environment that will help your employees and your business thrive. Talk to us today and let’s discuss how coworking can improve your enterprise.