Benefits of Coworking Spaces to Entrepreneurs

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Most freelancers tend to do their work in isolation, but it doesn’t have to be that way. Finding a shared office space where people can work together is advantageous for many reasons. It can help you sell your product or service and also allow you to grow professionally from all the different talented people you will come across.

As an entrepreneur, you need to have a support system that will be there for you during those rough days when you feel like your business is failing. Coworking spaces give you a sense of security knowing that you have a support system even though you are not working on the same project.

If you are thinking about working in a shared space but still have your doubts about it, these tips will help you see the benefits of moving to one.

It’s Cheaper Than Renting an Entire Office

Getting a shared working space is cheaper than renting an entire corporate office. Some landlords don’t even require you to sign a long-term lease. Depending on your needs, you can rent a space for a day, week or even months. This takes away the commitment of a place unless you are sure that you want to stay in that place long term. Also, if you just need a quiet space for a short while, this space will be perfect for you. Another benefit is that you get to save some money due to the fact that, you won’t have to buy office equipment like a printer or furniture. It is already covered in the rent cost.

Encourages Collaboration and Networking

shared workspace

Most businesses that take up shared spaces are startups. People who start these companies have different skills, drive, and passion. What this means is that, when you get stuck in your line of work, you can always turn to your deskmate and ask for assistance. You could also leverage on a skill set that you are lacking yourself. For example, if you are a project manager but looking for some creative design work, you can get a graphic designer to help you do it. Working from home by yourself can get quite lonely and difficult especially because you are your own motivator. Your energy levels to complete your tasks rise when you are around people with a similar mind frame. 

Leverage on Different Work Tools

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In this technological age, collaboration amongst teams is easy to happen thanks to the many tools available. They make it possible for teams to work together from any part of the world. People can choose to work remotely or from anywhere they feel comfortable and at their best. People tend to work fast and smart in shared workspaces, even if they are everyone is working on their own project. For example, you can either use Trello or Asana to organize your tasks in a collaborative way. Dropbox will keep all your files secure, accessible to anyone who has login rights.

Increases Your Confidence

As an entrepreneur, you always have to put yourself out there to either pitch your ideas to investors or meet new clients. It is hard to do it when you lack the confidence to put yourself out there. If you need to work on your pitching skills and getting yourself out there, a shared workspace will do wonders for you. Working with people who have a similar goal makes it easier for you to interact with them. They can give you ideas on how to pitch or even get you with new clients.

Set Your Own Schedules

coworking spaces

Working from a coworking space allows you to set your goals and plan according to your timelines. If you work from home, is it hard to meet deadlines when issues such as lack of internet or other forms of distractions occur. Demanding clients who give crazy deadlines usually cause a lot of stress. A shared working space will help you “hide” from them if they don’t know your actual location. Having that quiet space helps you to handle projects at your own pace to deliver quality work.

Conclusion

Working in a shared workspace has become a popular thing amongst most freelancers and entrepreneurs. Yes, you can work from home or a coffee shop but you won’t be as productive thanks to all the distractions that are present.

Working from an office gives you the ability to differentiate your work life from your social life. People will respect your time and not assume that you are always free to them just because you are an entrepreneur.

Have you worked in a shared workspace? Was it beneficial to you? Let us know what experiences you’ve had. 

 

Maureen Mbithe
Content Writer at BuyRentKenya