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Six Predictions About the Future of Coworking

Posted by StellaPop on Feb 5, 2020 8:16:00 AM

With nearly 19,000 coworking spaces and more than 3 million coworkers globally in 2019, the shared workspace model is more popular than ever before. It's grown a lot, especially in recent years, and is showing no signs of slowing down. So what can we expect out of coworking spaces in the years to come? We have a few predictions.

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Topics: Coworking

The Major Keys to a Successful Coworking Business

Posted by StellaPop on Nov 27, 2019 7:45:00 AM

The rise of the gig economy and our societal shift towards entrepreneurialism has proven big business for the coworking world. Just last year more than 1000 coworking spaces opened across the US, and those figures show no sign of petering out.

With more than 3.9 million Americans spending at least some time working from home, there's still a huge market opportunity for those interested in moving into the coworking space. As coworking consultants, we've helped plenty of such companies go to market and capitalize on the market.

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Topics: Management Consulting, Coworking

Ebook: The Ultimate Guide to Succeeding in the Coworking Business

Posted by StellaPop on Aug 9, 2019 7:37:00 AM

At StellaPop we pride ourselves on being on the pulse of what's next. Which is why we've been following the coworking movement since the beginning. Since those early days, coworking has leaped from the niche to the mainstream, now spanning some 22,000 locations and 2.2 million coworking users worldwide. With 2019 growth estimated at a fifth on last year's levels, there's plenty of opportunity in the market.

That's why we decided it was time to pool our expertise and put together an ebook for enterprising business owners wanting to launch their own coworking space.

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Topics: Coworking

Leading The Way: How To Be A Strategic Thinker in the Coworking Industry

Posted by Angie O'Grady on Aug 15, 2018 8:16:00 AM

Strategic thinking involves looking at how today will inform tomorrow - and making decisions accordingly. Where conventional thinking is reactive, short-term and cautious, strategic thinking is all about looking for and anticipating new ideas, opportunities and plans.

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Topics: Management, C-Suite, Coworking

The Day-to-Day Strategies a Coworking Space Needs to Succeed

Posted by Angie O'Grady on Aug 1, 2018 7:52:00 AM

Coworking spaces are by their very nature fast-paced, ever-changing spaces. It's essential to seek out and adapt to feedback, market shifts and new trends sooner rather than later.

Here's how to ensure your space is a success going forward.

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Topics: Management, Coworking

Leading The Way: How To Be A Rockstar Community Manager

Posted by Angie O'Grady on Jul 27, 2018 1:52:00 PM

The culture of your coworking space isn't innate. It's set and cultivated by your leadership and your supporting team. One of your most crucial responsibilities is in helping create a culture that's empowering, positive and community-minded.

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Topics: Management, Coworking

Launch Your Coworking Space With An Event For The Ages

Posted by Angie O'Grady on Jul 24, 2018 8:30:00 AM

Everyone likes a party, and a launch event is a great way to get people into your space. Anybody who comes through your doors is a potential tenant, so the more the merrier - for both your guests and your bottom line. 

Here's how to bring the crowds with a coworking launch worthy of the lifestyle pages. 

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Topics: Marketing, Coworking

Marketing Your Coworking Space Pre-launch

Posted by Angie O'Grady on Jul 15, 2018 8:00:00 AM

A healthy subscriber base is crucial for the success of your coworking space. Ideally, you'll already have a solid roster of tenants signed up before you open. This will help reduce risk on the business side of things and will also create buzz for potential new tenants.

Here's how to market your offering so that you can launch with a splash.

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Topics: Marketing, Coworking

People Represent: Hiring For Your Coworking Space

Posted by Angie O'Grady on Jul 10, 2018 8:30:00 AM

Culture is your coworking space's main differentiator. And your staff are the ones who shape that culture. In a traditional office space, a single company dictates culture and brand. In coworking, it's you as the "host" who molds the culture. Welcoming clients, visitors, and prospects into your coworking space is a bit like welcoming people into your home. As the host, you set the tone and expectations around behavior and service.

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Topics: Coworking

Boardrooms and Beanbags: Space Planning For Your Coworking Space

Posted by Angie O'Grady on Jul 3, 2018 7:48:00 AM

You've signed your lease or purchased your building, and now it's time to start planning out the look and feel of your coworking space.  Getting this right is critical — it will shape how your tenants can use your space, and what future growth will look like.

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Topics: Coworking

Structuring the Deal for Your Coworking Space

Posted by Angie O'Grady on Jun 26, 2018 8:05:00 AM

 

You've found the perfect spot for your coworking space, and now it's time to handle the financial side of things. Let's take a look at some of the leasing and financing options available to you and what to consider when negotiating the deal.

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Topics: Coworking

Finding The Perfect Location For Your Coworking Space

Posted by Angie O'Grady on Jun 5, 2018 7:01:00 AM

It's all about location, location, location.

You've researched the market and gauged the local competition. There's no doubt about it —freelancers, startups, and entrepreneurs are clamoring for coworking space. So how exactly do you go about selecting the space itself? 

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Topics: Coworking

Opening a Coworking Space? First Research Market Conditions and Local Competition

Posted by Angie O'Grady on May 29, 2018 8:43:00 AM

The most workable ideas are ones that have been validated by the market. And the best money (and time) you can spend on your coworking space is on market research. Before spending a dollar on tech, equipment or space, spend some time figuring out the local coworking landscape — and whether conditions are right for another coworking space. 

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Topics: Coworking

Coworking: The Ultimate Guide to Succeeding In The Coworking Business

Posted by Angie O'Grady on Apr 12, 2018 7:35:00 AM

Everything you ever wanted to know about opening and managing a coworking space

There are almost 29 million small businesses in the US, 22 million of which are sole proprietor organizations with no employees other than the owner. And when you consider that 52% of these small businesses are run from home, there's a clear and growing market opportunity.

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Topics: Workplace Services, Coworking

Shared Office Space: Five Business Lessons From The C-Suite

Posted by Angie O'Grady on Feb 22, 2018 8:08:00 AM

 The world of office space has seen a whirlwind of change over the past 15 years. I’ve been at the executive-level of the shared office space industry, so I’ve seen a thing or two — and learned a thing or two. One key lesson I’ve taken away is the importance of striking a balance between staying ahead of the curve and continuing to observe tried-and-true business practices.

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Topics: Management Consulting, Workplace Services, Coworking

My 3 Key Takeaways From Global Workspaces Association's Coworking Conference

Posted by Angie O'Grady on Dec 7, 2017 10:35:39 AM
In November I went up to Brooklyn for the Global Workspaces Association Coworking Conference . This conference is where the best of the best in the coworking and office space sectors gather to exchange ideas and share expertise. I was invited to moderate a panel with some of the leaders in coworking to understand best where coworking is going as innovation continues to accelerate.
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Topics: Workplace Services, Coworking

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