Network to Networth: How coworking spaces can help your business achieve success
Starting a new business by yourself presents a lot of challenge and difficulty. People often think that working at your own time and space is already a luxury by itself. However, what they don’t see is the struggle an entrepreneur faces on a daily basis.
Working at home does present a lot of benefits. It allows you to manage your own time and when you want to work. You can easily tweak and schedule your meetings, social activities, and other errands based on your availability.
On the other hand, even though working in your home office sounds pretty amazing, it can be quite daunting at times. A lot of entrepreneurs tend to lose their balance and structure, especially since it can be very easy for you to decide and follow your own schedule based on your mood or preference. One of the best ways to avoid losing yourself to time and lack of system is to try a co-working space.
HOW CAN IT HELP ENTREPRENEURS SUCCEED?
Can it really affect the growth of your business? Yes, it can. Here are some of the benefits you can get from a co-working space.
1. YOU’LL BUILD YOUR NETWORK
As Porter Gale says, ‘Your Network Is Your Net Worth.’
When you’re an entrepreneur, who you know is just as important as what you know. This is where the real value of a co-working space begins to reflect as you’ll get an opportunity to network with similar-minded people who was just as passionate and goal-oriented as you. You could even end up meeting your co-founder or an investor.
2. IT IS ECONOMICAL
Renting a co-working space is much more cost-effective.
A lot of co-working spaces furnish cheap and affordable rent as compared to renting out an entire corporate office complex. A majority of co-working spaces also offer access to the necessary resources as well. This eases your worries related to vital office peripherals and amenities such as printers, fax machines, the internet etc. So you don't have to give a thought about all those details with their considerable costs anymore.
3. ALL THE TALENT AND CREATIVITY AT YOUR FINGERTIPS
Co-working spaces tend to attract talent from different fields and industries with a diverse background. Get to know your co-workers and take advantage of the skills and opportunities presented in front of you. Don’t be afraid to ask for help. For all you know, your co-workers are also in need to help as much as you.
4. THE ECOSYSTEM OF GROWTH
A co-worker could be your next client or could refer your work to his network.
Co-working space will help your business to thrive and grow to next level. These are just a few of the many advantages of working in a co-working space environment. We highly encourage you to test it how and see for yourself how it can affect the growth and success of your business.
By Meghna Agarwal, Co-Founder, Indiqube
