A Little Less Lonely: Rise of Coworking Spaces

July 17th, 2015

The freedom and flexibility of working as a freelancer or consultant has its perks. No dress code. No cubicles. Saying “no” to things you don’t want to do. You’re your own boss. However, it can get a tad lonely and some folks find coffee shops too distracting. Internationally, many solopreneurs and freelancers have found comfort and support with sharing office space or “coworking space” with strangers. There are more than 2,500 coworking spaces around the world and more popping up weekly.

According CNBC, this is a growing trend. With freelancers expecting to reach 65 million by 2020, coworking may be considered a growth industry. More than 100,000 coworking members are expected by 2018 (Emergent Research).

Cowerks, located in Asbury Park, NJ. Source: CNBC

Cowerks, located in Asbury Park, NJ. Source: CNBC

“Coworking is in its essence, a shared, collaborating workspace. We provide desk access and a community for entrepreneurs, small businesses, start-ups, mostly technology focused,” said Bret Morgan, co-founder of Cowerks, a shared office space in Asbury Park, New Jersey, in the CNBC article.

Even in cities like Mumbai, shared office spaces is growing, according to this article by hindustantimes.

Coworking magazine Deskmag has listed 8 reasons why it’s worth joining a coworking space. Some of the reasons are:

  • You Can Increase Your Sales: Not only are you getting out of the house, you have a chance to network and possibly land new clients. You can also collaborate and offer your services.
  • Beautiful Spaces Improve Your Creativity: Routine can get boring, especially if you’re in your home constantly. Finding an aesthetically-pleasing environment may jumpstart your creativity.
  • You’ll Feel Encouraged to Succeed: When you’re going solo, sometimes it’s difficult to stay motivated. Finding a group of like-minded peers may push you onwards. Plus, you may be able to bounce ideas off one another.

However, coworking is not for everyone. Some don’t need the extra people to chat with or motivation. Many of these places offer a day pass to try out their space.