A good mix within the community creates a symbiosis makeup that would allow cross interaction and collaboration, resembling a marketplace for talents, potential partners, collaborators and perhaps advisors.
A co-working space is generally where people go to do work. At a glance, it can look like a really big cafeteria, or sometimes it can resemble a living room, with people working off couches and beanbags. But, what makes these kind of spaces so appealing to many and regardless of its location? Some do not even mind traveling the distance. But then, why?
Generally, co-working spaces provide a conducive work environment, allowing a good mix of entrepreneurs, new and seasoned, local and foreign, to be parked within a vicinity, which in turn creates a community. These spaces are equipped with the basic necessities such as internet connectivity, printer, copier and some even a tea lady. And then again, why is it so appealing?
A good co-working space focuses on building a strong community. A good mix within the community creates a symbiosis makeup that would allow cross interaction and collaboration, resembling a marketplace for talents, potential partners, collaborators and perhaps advisors.
Activities such as networking sessions and trainings are conducted on a regular basis to provide exposure and knowledge. Not all the activities are serious in nature because some spaces do also organise open mic sessions, Zumba and even gardening lessons. But at the end of the day, they are all conducted based on what sparks the interest of the community itself.
These spaces can sometimes be an outpost for the corporate sector who are looking to gain some perspective on the local entrepreneurial ecosystem. Immersing in the dynamics of the community would allow the corporate entity to understand the needs and develop a better approach towards their target market. This too further enriches the community as it bridges the gap between startups and industry players.
Expats or foreign talents are also parking themselves at co-working spaces for the convenience and practicality. Based on earlier mentions, it is quite easy to figure out the pull factor. Plus, these spaces offers the flexibility that would allow them to experiences the local entrepreneurial scene before embarking on a more permanent arrangement.
Just imagine what a network of co-working spaces can offer to entrepreneurs on a global scale. Borders can be bridged, barriers can be reduced and familiarity can be built. Entrepreneurs can truly call themselves citizens of the world.