There’s an estimated 300 million people trying to start about 150 million businesses and about one third of them will be launched – resulting to about 50 million new firm births per year.

In the recent years, the economy witnessed an upsurge on startup companies. According to the 2015 Kauffman Foundation Index on Startup Activity, the number of startups ascended during the year 2014 after going through a downward cycle from the year 2010. In addition to this, the rebound startups represent strength in the economy and could generate hope for further economic growth.

From the same report of Kauffman Foundation Index, 84% of new entrepreneurs started their companies because of opportunities they spotted while up to 10% of it was because they couldn’t find employment – more so because they found a necessity.

Recent surveys have found that last year have been a kind year for diversity. Rising from 220 per 100,000 to 260, the number of women who opened startups reach its highest rate in almost 20 years. The minorities and immigrants gained as well.

As for sales, small companies have experienced a 7 percent boost in their revenue within the year 2015 with an overall of 45% increase over the past six years according to the financial analysis firm Sageworks.

Accompanying the upsurge of startups is a demand for workspaces that would fit the needs of a budding company. With limited time and resources, startups need all the help that they can get.

There are angel investors, companies who act as patrons that invest in startup companies for the exchange of equity ownership. Startup Accelerators providing education, mentorship and financing as support to them. Incubators on the other hand provide workspaces, funding, mentoring and training. As well as Business Process Outsourcing companies or BPOs that provide resources and manpower.

Another kind of firm that helps them thrive are flexible workspaces.

The demand for affordable yet competitive office space for small businesses and enterprises created a market for a flexible system that would benefit all industries. Providers of seat leasing services, private offices, and virtual office plans relieve them of the financial burden that comes with traditional office spaces.

One of the most established office solutions in the industry, Seat Leasing provides its clients with premier office space and more flexible terms. A startup can easily bootstrap its first office with sites ready for plug and play.

Inclusive of the latest equipment and facilities needed for operations to run smoothly, seat leasing have become one of the go-to options of young entrepreneurs in choosing their company’s first ever office. Moreover, it saves money and time, both of which are detrimental to the success of a company building its name.

The latest addition to the different kinds of flexible workspaces, Coworking Spaces’ rise to fame can be traced to the numerous benefits it gives not only to the business itself but as well as the positive impact it has on employees.

Creating a platform for innovation and collaboration, Coworking Spaces is a shared workplace that caters to this generation’s freelancers, startup teams and young professionals. It offers private and shared desks as well as business lounges — giving its members the freedom to choose the office environment that they need.

Several studies and surveys have confirmed the claims of an increase in productivity and overall happiness reported by coworkers. In addition to this, the community fostered within these communal areas and the opportunity of expanding network is what attracts startups to opt for the membership based office space. In addition to this, members get more control in their working hours – allowing them to have a better work and life balance.

Today’s technology gave our workforce more opportunities to do what they love. Accompanied by the tried-and-tested helping hands of the industry as well as the new ones, startups can face the coming economic challenges with confidence.

The increase of startups have inspired people to rid themselves of the job they had to get in order to survive and create a job that they actually want. Though it’s never rosy, we’re here to help.

As kids, we were told that the secret to success is hard work. Though true, what the grown-ups meant by hard work is grinding through long hours and late nights. Powering through fatigue, thinking that all of this labor will be worth it – it’s effective, tycoons from the past can attest to it.

But behind the success stories of businessmen working their way up towards success, is the ugly truth – the drawback laborers of the early years dismissed; burnout.

Employee burnout is not much of a selcouth occurrence in the industry. It’s nothing new to most companies yet in the recent years, it posed as a big threat to the labor force worldwide.

Records of profit and growth in companies, projected economy growth of almost 50% and unemployment rate decreasing – all mask the truth that more and more individuals are working harder than before for a minimum wage.

A recent study conducted by Kronos Incorporated and Future Workplace, said that 95 percent of human resource leaders reported their workforces being sabotaged by employee burnout. To make things worse, the said number came from more than 600 Chief Human Resource Officers and HR managers from organizations of all sizes.

In addition to this, the psychological and physical issues burnout brings costs an estimated $125 billion to $190 billion a year of healthcare spending.

What caused the sudden spread of burnout are pretty obvious. Productivity of employees skyrocketed between 2000 and 2014 yet wages and benefits remained the same. According to the Economic Policy Institute, productivity increased by 21.6 percent, but wages only grew by 1.8 percent during the said time period.

The unfair compensation is also paired with unreasonable workload to boast. More priorities are given and executives expect their employees to multitask with their phones and laptops. The most capable ones in the workforce are the usual victims of overloaded workload.

Organizational control also has a fair share of fault with the increase experts have observed. Human Resource Leaders from the study of Kronos Incorporated and Future Workplace have said that poor management, the employee’s inability to see a clear connection between their individual role and corporate strategy as well as negative workplace culture fuels burnouts.

The aforementioned ailments accompanied by outside factors like long commutes and stress in daily life contribute to the overall chances of an individual to be burnt out.

Hard work is and remains to be a critical part in achieving success but sometimes you’re exerting so much effort yet it does so little – damaging what’s left of your mental being.

Giving yourself a proper break – one where you don’t constantly check your phone for emails and whatnot – is important.  Overworking your brain is actually futile to your productivity. A 2011 study said that our brains take in about 174 newspapers’ worth of information in a normal day. It’s no surprise that our brains get overwhelmed since its capacity to process is only limited.

Science suggests that taming multitasking is therapeutic. It gives the brain the chance to breathe and restore itself after working so hard. Several studies have said that taking naps (even 10 minutes naps) improve cognitive function, vigor and even decreases fatigues.

The world expects a lot from an adult; build careers and futures without forgetting about personal relationships and happiness. They hoped for a balance between those four things yet made it so hard to achieve. It gets paralyzing at one point and we find ourselves hoping and praying for a few minutes for ourselves.

Luckily, some of us got sick of the work culture the older generation left us with and created an innovation that creates the balance all of us have been looking for.

Offering freedom to isolate and collaborate, “Coworking Spaces” is a kind of flexible workspace that prioritizes productivity and creative freedom. Open for freelancers, professionals and entrepreneurs of all industries, coworking spaces offers business lounges, private desks, meeting rooms and conference rooms. It allows its members to choose between working alone or collaborating with other members – giving them more control on their productivity

Grown-ups always told us that adulthood is easy but not one of them said it would be this hard and arduous. From one adult to another, we’re here to help you extinguish the ember that can kickoff burnout.

Albert Einstein once said that “creativity is contagious”, pass it on.

Contrary to popular belief, creativity doesn’t really come from one sole place. It usually comes from a piece of artwork or simply, anything – that inspires one person to create another masterpiece.

Though not everyone has innate artistic abilities, anyone can be inspired by anything. If not, creativity itself, can be found in the most unusual nooks and crannies around us. It’s a contagious virus that can be passed from one person to another. The idea that creativity comes from quite literally tens of thousands of ideas is something that most offices want to tap into. Executives aim to create an environment for their employees and themselves as well that cultivates creativity and productivity.

According to a survey conducted among 500 members of the public, nearly half of the respondents have said that having different spaces for both work and de-stressing would be a great step toward improving their creativity and productivity. Office design and interior have been said to have a significant effect in an employee’s productivity, creativity and overall performance. Moreover, a large number of today’s workforce are demanding for more agile workspaces and expect more variety in their respective workplaces instead of being cramped to a desk and chair.

But how can you inspire people with a room full of plain desks and computers?

Investing in an office environment that would maximize the talent of a workforce would give great results in the long run. Though it would seem costly, it’s definitely something to think about. And though redecorating a whole office space can be tedious, change can start small.

Start by having a designated space wherein your employees can get some rest and relax. These said spaces can come in different spaces or sizes.  According to the same survey by the Dale Office Interiors Survey, one out of five office workers agree that having a space solely for relaxation at work increases productivity. These rooms can also help relieve neck or back tension and weariness of the eyes from staring at a computer screen.

In addition to this, you can also add a quiet space for private work. Though some employees’ can handle distractions better than others, some need a secluded place to focus. Over 17 of the respondents of the said survey reported that quiet spaces would improve their productivity that is often disrupted. Should a worker need to focus, they have a place to go.

With the demand of workplaces offering more variety in terms of office designs and atmosphere, a new kind of flexible workspaces sprung and became the latest trend in the industry.

Giving the employees diversification in workplace and office set-up, Coworking Spaces give home to creativity and productivity with open plan spaces, shared desks, private offices and creative meeting rooms. Moreover, these communal spaces foster collaborative communities among its members.

Recent studies and surveys have revealed that more and more freelancers and even teams from companies are moving into coworking spaces due to the positive impact it has on creativity, productivity and overall happiness of its members.

No matter what the context maybe, the overall environment a person is in contributes highly to its physical, mental and even emotional state. Hence, it’s not much of a surprise that businesses are doing everything they can to create a workspace that allows room for creativity and innovation.

Well known for its great white sand beaches, clear blue oceans and warm hospitality – Philippines have become one of the greatest tourist destinations in Asia. But in the recent years, the country has proven itself to be so much more than the perfect vacation getaway.

In the year 2015, Philippines took over Mumbai’s position as the 2nd top ranking BPO destination in the world.

With a workforce composed of highly literate young individuals and competitive labor rates, numerous countries around the world favor the Philippines as a good destination for offshoring – one of them being, Australia.

Most Australian firms prefer the geographical time zone the country has. Cities of Perth and Western Australia have the same time zone while there is only a two hour difference to the Australian Eastern Standard Time.

The country has a large number of well-educated workforce with over 600,000 tertiary graduates. Universities and schools encourage development by providing skills that companies need, like speaking the English language fluently which caters specifically to the requirements of the BPO Industry.

And with over 100 million citizens, majority of which are young professionals, the country produces over 450,000 college graduates every year. This continuously contributes to the country’s growing talent pool. Recent studies have said that over a million of Filipinos have worked in the BPO industry and the numbers are increasing exponentially.

Another factor that led the Philippines to become one of the top BPO destinations is its lower cost. From labor rates down to office space leasing, companies save a lot due to low cost of living. The affordable pricing of course is inclusive of great services and facilities.

The economic growth brought by the BPO industry also attracts firms to the country. Experts reported a prominent increase in the revenue of BPOs in the year 2016. Strategic advisory firm Tholons have recognized the consistent growth rate of contact support, finance and accounting in the country. In addition to this, significant improvement have also been observed in crucial areas that impacts the success of businesses in a foreign setting.

In another report, the Philippines sit between Indonesia and Vietnam it terms of how easy it is to start and operate a business in an Asian country. The country’s archipelagic landscape also contributes to how diverse the local economy is – offering different benefits and various capacities to host small to large enterprises.

With numerous tourist attractions near prime locations such as beaches, hot springs, resorts and spas that are only 2 or 3 hours away – you can relax when the city bustle gets a little too much for you without having to file for an extensive leave.

So why not try having the best of both worlds? Numerous seat leasing providers and coworking spaces in the Philippines’ prime business spots like Mandaluyong City, Makati City and Ortigas Center  – await you.