3 Reasons Every Freelancer Should Work From a Co-working Space
Expand your professional network, build your resume and get more work done by using a co-working space. Discover more advantages to using co-working spaces.
Most freelancers work from home for convenience or financial reasons. Working for yourself offers unmatched freedom and flexibility, but it also means that the success of the business relies on you and the opportunities you make for yourself.
Read on to see why every freelancer should choose a co-working space over working from home or a traditional office as a way to increase networking opportunities, and how it can help skyrocket your career.
1. There is Nothing Like Community
One of the best things about working for yourself is the fact that you can work from anywhere, at anytime. But there can also be a downside to this freedom, as the most common option of working from home can get boring and repetitive.
Co-working spaces offer their members a sense of community. A place where other people just like you show up every day to work and be around like-minded individuals. Every day brings new energy, stories, friendships and professional connections.
This sense of community is also great for lunch time. Working from home usually means taking a break from your work, making something to eat, and sitting down for a bite yourself. No conversation, no new ideas, and no excitement. But in a co-working space you can walk outside to the common area and grab lunch with friends.
Plus, friends bring their friends, so there are even more opportunities to mingle. In co-working spaces, everyone is open to meeting new people because everyone is in a similar situation. And since they’re entrepreneurs, they probably have similar personalities—motivated, talented, and career driven.
Aside from the natural community a shared space provides freelancers, there are also planned mid-day events that are hosted by the spaces. These help you take a break from work and relax, allowing you to formulate ideas and solutions in a more casual environment. Take for example WeWork Times Square in New York City, which offers after-lunch yoga sessions to help you loosen up and relax. Go with a fellow WeWork member or be adventurous and make some new friends at the lesson. Co-working spaces, and WeWork especially, aims to offer its members a stellar community feel, one that can’t be had when working from home or a solitary office.
2. Bang for Your Buck
Putting everything about co-working spaces aside, joining a space like WeWork makes sense from a financial standpoint. Before co-working spaces became popular, freelancers had 2 options—work from home, or rent an office space.
Working from home is not ideal, and offers no mental stimulations, creative brainstorming strategies with peers, or water cooler chats. And renting an office space is less than ideal. Not only do you lack a community aspect, but you can go broke by the time you’re done paying off the space. Aside from the costs associated with scouting for a space and making expensive monthly payments, there are the recurring fees like cleaners, equipment, WiFi, and parking.
Bring in co-working spaces and the problem of bank-breaking office spaces is gone. Take a space like one of the most popular WeWork spots in San Francisco Bay Area, WeWork City Center. You can choose what kind of space you want, whether it’s a Hot Desk for $340 per month, or a private office that can fit up to 50 people. Just one payment a month and you get a beautiful and chic office space, high-speed internet, around-the-clock cleaning services, and business-class equipment like copy machines and printers. The City Center WeWork also has conference rooms for you to host meetings and sign deals.
Additionally, you can save money by signing up for a co-working space. Since many of them aim to be in central locations, there are always public transport options that can save you on tolls, parking, and fuel. And if that wasn’t enough, many places like the Legacy West WeWork in Dallas Texas offer childcare services and are dog friendly, which can help you save loads on pet-sitters and walkers.
3. Networking, Networking, Networking
The community aspect and financial savings that co-working spaces provide are important, but in business, one thing takes precedence over everything else—opportunity.
Think of the opportunities missed by working from home or a single office. No coffee break mingling, no getting your name and brand out there, and no networking—zero. Instead of being in solitude, co-working spaces allow you to get out there and meet new people for the sake of business connections. Who knows if the person waiting in line for the fruit water needs your services, or if their friend is looking for an SEO expert just like you. Many co-working spaces also aim to be located in hot areas that offer not only a cool vibe, but networking opportunities for their members. A good example is the WeWork in Cambridge, Boston, that’s located between Harvard and MIT. Looking for connections in the research department? In need of a bright individual to fill a student-role? Just walk over to either campus and your needs are filled. With so many entrepreneurs and business owners around, the opportunities are practically endless!
There is also another way that working from a co-working space can boost your business, and that is through their many organized events. Many co-working spaces like WeWork Apollo in Washington D.C. or WeWork Burbank in L.A. offer meetups, lectures, and workshops. Some of the popular events at WeWork Apollo include lectures on how to supercharge your sales process, a startup pitch event called Startupalooza, and Lunch & Learns. With new speakers from both small and large companies coming in every day, you’re sure to build your black book of contacts and make long-lasting connections that’ll turbo charge your business.
The Sky’s the Limit for Your Business
Co-working spaces have grown in popularity in recent years due to the gig-economy. With so many freelancers and nomads, a space that is not only nice looking and hip, but affordable and practical is needed. Co-working spaces, especially WeWork ones that began the craze, understand the needs of their members and work to go above and beyond their expectations.