Gone are the days when one had to go all the way to the office and sit in their cubicle and deal with tens and hundreds of files on their desk. Today's era is all about getting the job done. It does not really matter where you get it done from. Thanks to the advent of technology, and the advancement of the world of computing, remote workspaces are now the talk of the town. So, working from a couple of workspaces does seem like a viable option.
Before we go ahead explaining why co-working is good for you, it is important to understand what co-working is. In simple terms, co-working spaces are office spaces which do not really belong to the firm that you work for. Here, there is an office set up and different firms or agencies pay to use those resources.
The employees of those firms can then go and operate from such spaces. Usually, start-ups use such spaces. This article talks about how working from such a place increases your productivity by leaps and bounds.
• Overcoming Loneliness
Humans are gregarious animals and they need company. Working alone in isolated environments can have a negative impact on us. So, by working in a co-working space, you will be having daily interactions with like-minded people.
Usually, these people you work with will be well tuned to your independent lifestyle and you will feel much more lively and productive by working in such a co-working space. In fact, it will not be incorrect to say that you may actually end up looking forward to going to work because of the people you meet there on a daily basis.
• Long Working Hours
With globalisation playing its role, these days there are a number of organisations that cater to overseas clients. As a result, the working hours may look absurd as per Indian standards. Moreover, there may be days when you will be working for long hours and other times when you are hardly working.
There may be times when you will have to work on holidays and weekends as well. A co-working space gives you the liberty to work at the time of your convenience without having to worry about things like security.
• Freedom From Other Hassles
In case you are planning to initiate a start-up, you will not want other things like paying utility bills and running behind repairs to be bothering you. Maintenance of those utilities will again take up a considerable amount of your time. As it is, your venture will take up most of your effort and energy and you will not want any further distractions.
So, you can opt to work in co-working spaces. Here all that you have to do is pay them a lump sum amount and be done with it. This will take care of all the infrastructure-related woes, leaving you free to focus on the more important tasks at hand.
• Lease Issues
This is another issue that is related to that of start-ups. When a start-up is established, it is done in hopes of making the same into a big establishment. Usually, at this juncture, there isn't a lot of money to spare. Things like funding and all are expected and with that, the size of the establishment is expected to rise.
In such a situation, it would be difficult for any individual to settle down with a fixed long-term lease. Co-working spaces offer you the luxury of opting for much shorter and more flexible lease agreements. You can opt for something that fits your current budget and then shift to something bigger when your budget so permits.
Thus, in a way, this frees you from the baggage that usually accompanies the procurement of an office space.
• Emotional Support
Being an entrepreneur means bringing along tons of insecurities. There may be times when you will end up questioning your decision of setting up the firm itself. These insecurities are usually not seen in people working for larger firms. However, this does not mean that these insecurities are unique to you alone.
Almost all entrepreneurs go through things like that. By operating from co-working spaces, you will be able to communicate such entrepreneurs and this will, in turn, help you find solace in each other.
Working from home is not always the best idea because there are a lot of distractions there. Things like the TV, pets, kids and family will keep you distracted. Also, you will end up thinking about work during all your waking hours. This sort of thing is detrimental to your health and overall well-being.
So, it is a good idea to go to a co-working space and work from there. That way you will not just be able to bring structure to your life but you will also be able to keep your personal and professional lives separate.
• Increasing Efficiency
Research has shown that interacting with fellow peers increases the efficiency of an individual and makes them more dedicated. By seeing others stick to the clock, you will be tempted to be punctual yourself. Also, by watching others operate, you will get to learn from their mistakes without committing all of them yourself.
Since you get to interact with a lot of people on a daily basis here, you end up building connections. These type of connections, in turn, pave the way for you to build professional networks, which is of great help when you want to change jobs.