Coworking spaces are popping up in every major metropolitan area, and it is no wonder why. They are a breeding ground for innovation and collaboration – a melting pot of sorts – that allows creatives, entrepreneurs and everyone in between to share their ideas and services. In short, coworking is changing the face of business.
Are you familiar with that old adage, “History always repeats itself”? Well, in the case of coworking spaces, it is true. Think back to the 16th century, when wealthy aristocrats would gather the brightest artistic and scientific minds in one room, and call it a salon. The salon was an Italian invention of the 16th century, which flourished in France throughout the 17th and 18th centuries.
Is this starting to sound familiar yet? A coworking space is the 21st century’s version of a salon. Apart from the stellar add-ons these spaces offer now, like game rooms, fully functioning kitchens, conference rooms and more, co-working spaces speak to the social butterflies in all of us. There is a certain alchemical reaction that takes place when you throw different people from all walks of life and careers into the same room. These meetings lead to to brilliant ideas, fruitful brainstorming sessions, and ultimately the evolution of businesses.
Let’s not forget the other motivator that drives all business-minded people – money.
According to Mark Corbett, co-founder of Pace Ventures, “The problem of increasing rental prices does not appear to be going away any time soon. The result is that enterprising individuals will continue to search for more effective, cost-saving, and creative ways to work and live.”
A coworking space is the answer to the question that plagues every entrepreneur’s mind: How can I reduce my overhead?
The beauty of a shared working space is that there is little to no commitment on the part of the member. If you want to pay for a day, then that is what you do. If you want to pay a monthly fee, you also have that option. What you don’t need to do is sign a lease that puts you and your budget between a rock and a hard place for a year or more.
Here at Endeavor, our daily pricing starts at just $29. We also offer private offices for just $34 per hour or $97 for the entire day. We also have differing levels of monthly pricing, which include options like a Premium Dedicate Desk for $379 per month, and a Cube Office for $439. For a full list of pricing and what each membership offers, visit our pricing page here.
It is the belief of some industry experts that established corporations will move their operations to co-working spaces for the culture and the cost. While this sentiment’s validity is yet to be determined, the following holds true. Start-ups will continue to make a co-working space their hub of operation. The benefits are many while the negatives are nearly non-existent. To recap, a start up can dramatically decrease their overhead and save on rent, office equipment like printers, call answering and routing, Wi-Fi and more.
Have we convinced you yet? If you want to be a part of the business revolution, give us a call.