Tag: Coworking Space

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Coworking SpaceCoworking Space in PatnaOffice for RentOffice SpaceStartupWork Life

7 way to Avoid Burnout as an Entrepreneur?

In the demanding landscape of entrepreneurship, burnout poses a significant threat to sustained success. Recognizing the signs of burnout and implementing proactive strategies are paramount for entrepreneur to navigate their journey effectively. Here are 7 essential strategies to prevent burnout:

1. Recognizing Burnout Signs:

Entrepreneurial burnout manifests through exhaustion, decreased performance, detachment, and a lack of satisfaction. Consequently, these indicators serve as early warning signs, prompting entrepreneur to take action before burnout escalates.

2. Understanding Causes:

Overwork, blurred boundaries, unclear goals, perfectionism, and lack of support are common causes of burnout among entrepreneurs. Identifying these root causes is crucial for developing effective prevention strategies.

3. Prioritizing Self-Care:

Making time for relaxation, exercise, and hobbies is essential for rejuvenating the mind and body amidst the demands of entrepreneurship. Moreover, prioritizing self-care allows entrepreneur to maintain their well-being and sustain their entrepreneurial journey.

4. Setting Boundaries:

Establishing clear limits on work hours and communication helps maintain a healthy balance between work and personal life. Consequently, setting boundaries enables entrepreneur to protect their time and energy, reducing the risk of burnout.

5. Delegation:

Trusting others to handle certain responsibilities lightens the workload and prevents overwhelm. Through delegation, entrepreneur can focus on high-impact tasks while empowering their team members to contribute to the success of the venture.

6. Breaking Tasks into Manageable Steps:

Avoiding overwhelming oneself with large projects is essential for managing stress and preventing burnout. Therefore, breaking tasks into manageable steps and setting realistic goals alleviate pressure and enhance productivity.

7. Seeking Support:

Building a network of mentors, peers, and professionals provides valuable perspective and encouragement during challenging times. Seeking support allows entrepreneurs to share experiences, gain insights, and navigate obstacles more effectively.

By implementing these strategies, entrepreneurs can effectively prevent burnout and sustain long-term success in their ventures. Prioritizing self-care, setting boundaries, and seeking support are not luxuries but necessities for thriving in the entrepreneurial journey. Remember, taking care of oneself is the foundation of success in entrepreneurship.

Curious to learn more? Click here to uncover these essential burnout prevention strategies from Forbes.

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Coworking in IndiaCoworking SpaceCoworking Space in PatnaOffice for RentOffice SpaceStartup

The Best Coworking Space Which Elevate Your Business

Welcome to Oplus Cowork, where innovation drives productivity and collaboration flourishes. As a Best coworking space provider of fully furnished coworking spaces, we dedicate ourselves to revolutionizing your work experience. Whether you’re an entrepreneur, freelancer, or part of a remote team, our diverse range of products delivers excellence in meeting your workspace needs.

Private Cabins

Discover the Privacy of Private Cabins: Require a serene environment for focused work and strategic planning? Our private cabins offer the perfect solution. With ergonomic furniture and ample privacy, you can delve into your tasks without interruptions.

Dedicated Spaces:

Personalize Your Workspace with Dedicated Spaces: Seeking a tailored setup? Our dedicated spaces provide the ideal environment for personalization. Customize your workstation to align with your preferences and maximize productivity.

Open Spaces:

Embrace Collaboration in Vibrant Open Spaces: Connect with like-minded professionals, exchange ideas, and foster creativity in our vibrant open spaces. Join a dynamic community where collaboration knows no bounds.

Conference Halls:

Make an Impact in State-of-the-Art Conference Halls: Hosting a team meeting or client presentation? Our conference halls are equipped with all the amenities you need to make a lasting impression. From audiovisual equipment to comfortable seating arrangements, we’ve got you covered.

Meeting Rooms:

Facilitate Productive Conversations in Meeting Rooms: Need a space for brainstorming sessions or one-on-one discussions? Our meeting rooms offer a professional yet inviting atmosphere for productive conversations.

At Oplus Cowork, we exceed expectations to ensure your workspace experience is exceptional. With flexible membership options and unwavering commitment to customer satisfaction, we stand as your trusted partner in achieving business goals.

Ready to elevate your workspace experience? Experience the difference firsthand and unlock the full potential of your Best coworking space at Oplus Cowork.

Click here to Join us at Oplus Cowork and discover a new way to work, collaborate, Connect and succeed.

Coworking Space in Patna
Coworking Space in Patna

4 Ways to Unlock the Potential of Modern Coworking Spaces

In today’s rapidly evolving work landscape, flexibility and adaptability have become more important than ever. At Oplus Cowork Unlocking the Potential of Modern Coworking Spaces, we recognize the significance of staying agile and embracing change to excel in the evolving landscape. As we continue to navigate through unprecedented times, the way we work has undergone a significant transformation.

Embracing Hybrid Work

The traditional 9-to-5 office model is no longer the norm. Instead, we’re witnessing the rise of hybrid work arrangements, where employees have the flexibility to work remotely or from a coworking space like Oplus Cowork. This flexibility not only enhances work-life balance but also fosters productivity and creativity.

Creating a Collaborative Environment

One of the key advantages of coworking spaces is the opportunity to collaborate and network with like-minded professionals from diverse backgrounds. At Oplus Cowork, our vibrant community unlock the potential of modern coworking Spaces for freelancers, entrepreneurs, and remote teams come together to share ideas, exchange expertise, and support each other’s growth.

Adapting to Change

As the future of work continues to evolve, so do we. At Oplus Cowork, we’re committed to staying ahead of the curve by continuously adapting and innovating our offerings to meet the evolving needs of our members. Moreover, from state-of-the-art amenities to flexible membership options, we strive to provide a workspace that empowers individuals and businesses to thrive in any environment.

Looking Ahead

As we look ahead to the future, one thing is certain: change is inevitable. However, with change comes opportunity. At Oplus Cowork, we embrace change as a catalyst for growth and innovation. Furthermore, we’re excited to continue supporting our members on their journey to success, providing them with the tools, resources, and community they need to thrive in the ever-changing world of work.

Join Us

Click here to join us at Oplus Cowork and experience the difference firsthand. from flexible workspaces to a vibrant community, we have everything you need to succeed in the new era of work.

Click here to know more about how Coworking is helping to Increased Income, Improved Work Quality and Biggest Benefits

Coworking Space in Patna
Coworking Space in Patna

Did You Know? Coworking Spaces Leading the Remote Work Revolution!

In today’s rapidly evolving work landscape, remote work has emerged as a dominant force, reshaping traditional notions of work and office culture. At the forefront of this revolution are Coworking spaces, dynamic hubs that cater to the diverse needs of modern professionals. Let’s explore how coworking spaces are driving innovation, collaboration, and flexibility in the remote work revolution.

A New Era of Flexibility

Advancements in technology and a growing desire for flexibility have propelled the shift towards remote work. Professionals now have the freedom to design their workday, leading to improved work-life balance and increased productivity.

Redefining Workspaces

Coworking spaces offer more than just a place to work; they provide a dynamic environment where professionals come together to collaborate, network, and thrive. Equipped with modern amenities and flexible membership options, coworking spaces cater to freelancers, entrepreneurs, and remote teams alike.

Facilitating Remote Collaboration

With dedicated meeting & conference rooms and high-speed internet, coworking spaces serve as hubs for virtual meetings and project collaborations. Remote teams can communicate seamlessly, regardless of their physical location.

Building Community

Coworking spaces prioritize community building through events and social gatherings, fostering supportive environments conducive to personal and professional growth.

The Future of Work

As remote work gains momentum, coworking spaces will play a pivotal role in shaping the future of work. With an emphasis on flexibility and connectivity, coworking spaces offer opportunities for individuals and businesses to thrive in the digital age.

Experience Coworking Spaces Today

Ready to embrace the remote work revolution? Click here to Join us at Oplus Cowork and experience the power of coworking firsthand. Whether you’re a freelancer, entrepreneur, or remote team, our space provides the ideal environment to work, collaborate, and connect. Let’s redefine the way we work together.

Coworking Space in Patna
Coworking Space in Patna

Are you looking for best Coworking space in Patna

Are you exhausted by the traditional office routine? Are you in search of a workspace that nurtures creativity, collaboration, and innovation? Look no further than Oplus Cowork Best coworking space in Patna , providing you with the ultimate destination for an exceptional coworking experience!

Do you know what are the things coworking space makes more creative, collaborative and innovative.

Furthermore, strategically positioned in the city center, Oplus Cowork shines as Patna’s top coworking space, being the preferred option for professionals, freelancers, startups, and entrepreneurs alike.

Here’s what sets Oplus Cowork apart as best coworking space in Patna:

Cutting-Edge Facilities:

Bid farewell to outdated office setups and embrace modern amenities! Oplus Cowork offers state-of-the-art facilities tailored to your specific needs. From high-speed internet and spacious workstations to fully equipped meeting rooms and ergonomic furniture, we provide everything you need to boost productivity and creativity.

Dynamic Community:

At Oplus Cowork, you’re not merely renting a desk – you’re joining the best coworking space in Patna, a vibrant community of like-minded individuals striving for success. Moreover, our diverse community spans industries and backgrounds, offering endless networking, collaboration, and growth opportunities.

Flexible Membership Options:

We tailor our offerings to suit your schedule and budget, providing a variety of flexible membership options. Whether you require a dedicated workstation, a private office, or a casual drop-in space, we accommodate your needs. You can focus on your work without worrying about long-term commitments or complicated billing processes.

Inspiring Environment:

We believe your surroundings play a pivotal role in shaping your mindset. Therefore, our workspace is meticulously designed to foster creativity, productivity, and innovation. From bright, airy spaces to cozy breakout rooms and inspiring décor, every aspect of Oplus Cowork aims to ignite your passion and drive, ultimately making it the best coworking space in Patna.

Unparalleled Convenience:

Why waste time commuting to a distant office when Oplus Cowork’s central location offers unparalleled convenience, enabling you to seamlessly blend work and life? With 24/7 access, secure entry, and ample parking, you can focus on your goals while we handle the logistics.

Click here to Discover the reasons why Oplus Cowork stands out as the best coworking space in Patna today!

Coworking SpaceCoworking Space in PatnaOffice for RentOffice Space
Coworking SpaceCoworking Space in PatnaOffice for RentOffice Space

The Ultimate Guide to Choosing the Right WorkSpace

Choosing the right workspace according to your requirements involves considering various factors to ensure it aligns with your needs and preferences. Here’s a step-by-step guide to help you choose a suitable workspace.

1. Prime Locations:

Oplus Cowork boasts two convenient locations: one in Raja Bazar and the other in Bailey Road.  approximately 6-9 kilometers from Patna Junction and 5 kilometers from Patna Airport, offering simple access and prestige. Whether you’re commuting locally or traveling, these prime locations are convenient and accessible.

2. Flexible Memberships:

Oplus Cowork offers flexible membership packages to meet your specific needs. Whether you need a dedicated desk, a private office , or occasional access to our workspace, our flexible options can fit your needs without long-term commitments.

3. State-of-the-Art Facilities:

Our facilities feature comfortable furniture, high-speed internet, fully equipped meeting rooms, and cutting-edge technology to promote productivity and creativity. Whether for client meetings or brainstorming sessions, our spaces create an ideal setting for success.

4. Premium Amenities and Services:

Our workspace space goes above and beyond by providing complimentary refreshments, on-site support, professional development programs, and networking events. Enjoy the benefits of a typical workspace without the fuss and administrative expenditures.

5. Vibrant Community:

Join Oplus Cowork, a diverse group of professionals from a variety of industries. Enjoy the chances for cooperation, networking, and knowledge sharing. Whether you’re looking for mentorship, partnerships, or friendship, our vibrant community will help you every step of the way.

To put it simply, selecting the correct workspace location is critical for your company’s success, and Oplus provides everything you need to thrive. With great locations, flexible memberships, cutting-edge facilities, a thriving community, and premium amenities, Oplus Cowork improves your working experience.

Click here to Choose Oplus Cowork and propel your business to new heights today!

Coworking SpaceCoworking Space in PatnaCreativityInteriorsNetworking SkiilStartup
Coworking SpaceCoworking Space in PatnaCreativityInteriorsNetworking SkiilStartup

How Oplus Cowork are overcoming challenges to drive growth in Bihar

Over 13 million people estimated to operate out of co-working spaces in India by 2020 and Currently, there are more than 800 coworking Space operating across the country. While most of these are concentrated in Delhi, Mumbai, and Bengaluru, over 179 are in Tier II and III cities. But Bihar is new for these kind of innovative concept that provide good working environment for Startup, Freelancer, New and Existing business.

The demand for flexible offices including co-working spaces and serviced offices – is growing faster in Asia Pacific than anywhere else in the world. In India, the growth of flexible office space is expected to grow at 40%-50% this year, showed a JLL India report. By the end of the year, flexible workplaces in India are expected to attract investment up to $400 million.

Coworking spaces today have become very popular and are seeing an exponential growth in India. In fact, India is the second-largest market for flexible workspaces in APAC, second only to China.

In Bihar there are few one which provides standard services, Like Networking Opportunities, Coffee, tea, prints, Secure, high-speed internet, Community Kitchen, Meeting rooms, Professional working environment, Printing & Scanning, Events & Training Zones.

In the coworking space, top seven operators – Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard and OYO Workspaces – have more than 350 centres across cities in the country.

Anarock Property Consultant managing director Anuj Puri said.

Coworking spaces were initially preferred mostly by smaller companies and startups, freelancer today they are also preferred by large and medium-sized businesses for their affordable infrastructure and business opportunities. After covid19 most of company want to reduce there fix cost so that they invest more into working capital. when covid19 start then we got most of enquiry from large and medium-sized businesses, we got enquiry from Bajaj, NSE, Nelson, Usha, PineLab, Zomoto, Swiggy etc. some of them are convert and they start working.

Coworking Space in Patna

We are very happy to serve all the new and existing business and try to improve ecosystem of bihar. Oplus Cowrks offers fully customisable office spaces suited to your team’s needs. With best interiors and intelligent technology, Oplus Cowrks offers you all the comforts of having your own office while working out of a co-working space. It has high-end meeting rooms and ample space for conducting medium-sized events.

For creating startup ecosystem in state like bihar, We worked with and helped more than 500 startups, entrepreneurs, and SMEs grow through with our incubation, coworking spaces and mentoring. Oplus Cowork brings best offers and opportunities to its members, entrepreneurs, and freelancers through partners like Amazon Web Services, SPLAN, Coworker etc.

-Founder Oplus Cowork

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Coworking in IndiaCoworking SpaceCoworking Space in PatnaNetworking Skiil

9 Way of Networking Skills at Co-working

Business refers to the trading of goods and services with and by people. For that, there must be a connection building between them. Working in a co-working space not only provides the employees with a good location but also provides employees the chance to build a network.

A startup can trade with another startup and vice-versa. This will build a friendly and professional relationship among them. Entrepreneurs get the chance to promote their product in such an environment. Networking helps a lot in a budding business. Below mentioned are 10 tips to network like a pro in a co-working place.

How Networking skills can help in raising up your startup?

Conduct free workshops

If there are no workshops happening in the co-workspace, an entrepreneur can organize one. It can be a small workshop relating to the same field by inviting co-working companies. This elevates the brand promotion aspect too.

Suggest a work trade

Bartering for products or services are quite common. For example, a content writer may offer blogs to a web developer in return of a revamp of the writer’s website.

Strike a conversation

All you need is a warm ‘Hi’ and then maybe a coffee to build camaraderie with the co-worker. Do note that networking is nothing without an engaging conversation. Hence this is a vital tip in order to flourish with your networking capabilities.

Have an open door policy

Connections are built when the employees of the startup are open and receptive. Mostly the doors should be open for office neighbors. Try working in a common area if the work does not need a great deal of concentration.

Share knowledge

Share knowledge regarding your line of business and your specific industry vertical. Who knows? This might even open up new business opportunities.

Share Promotional materials

Invest in business cards and other useful promotional materials such as pens, books, key-chains, etc. This will remind the neighboring offices about your company’s name and ensure favorable brand recall value.

Display your passion

Relations are built and curiosity is developed because of the passion you display as an entrepreneur. This can emerge as a sole driving force in some cases to generate sales or interest and attract business inquiries.

Share past experiences

Sharing past experiences will give the neighbor offices a sense of attachment. This will help you develop a connection with other co-workers who are a similar stage regarding their business plan, their marketing goals, or their investment raising efforts.

Visit every event hosted by fellow tenants
You can look at the possibility of attending an event hosted by a fellow co-worker. You can also step up to be a guest speaker and give a small speech related to your niche. This not only improves the discoverability of your brand but also the potential of generating business inquiries.

Coworking in IndiaCoworking SpaceCoworking Space in Patna
Coworking in IndiaCoworking SpaceCoworking Space in Patna

Why People Thrive in Coworking Spaces

here seems to be something special about coworking spaces. As researchers who have, for years, studied how employees thrive, we were surprised to discover that people who belong to them report levels of thriving that approach an average of 6 on a 7-point scale. This is at least a point higher than the average for employees who do their jobs in regular offices, and something so unheard of that we had to look at the data again.

It checked out. So we were curious: What makes coworking spaces – defined as membership-based workspaces where diverse groups of freelancers, remote workers, and other independent professionals work together in a shared, communal setting – so effective? And are there lessons for more traditional offices?

To find out, we interviewed several coworking space founders and community managers, and surveyed several hundred workers from dozens of coworking spaces around the U.S. A regression analysis following our survey revealed three substantial predictors of thriving:

People who use coworking spaces see their work as meaningful.

Aside from the type of work they’re doing – freelancers choosing projects they care about, for example — the people we surveyed reported finding meaning in the fact that they could bring their whole selves to work. They’re able to do this in a few ways.

First, unlike a traditional office, coworking spaces consist of members who work for a range of different companies, ventures, and projects. Because there is little direct competition or internal politics, they don’t feel they have to put on a work persona to fit in. Working amidst people doing different kinds of work can also make one’s own work identity stronger. Our respondents were given the opportunity to frequently describe what they do, which can make what they do seem more interesting and distinctive.

Second, meaning may also come from working in a culture where it is the norm to help each other out, and there are many opportunities to do so; the variety of workers in the space means that coworkers have unique skill sets that they can provide to other community members.

Lastly, meaning may also be derived from a more concrete source: The social mission inherent in the Coworking Manifesto, an online document signed by members of more than 1,700 working spaces. It clearly articulates the values that the coworking movement aspires to, including community, collaboration, learning, and sustainability. These values get reinforced at the annual Global Coworking UnConference. So in many cases, it’s not simply the case that a person is going to work; they’re also part of a social movement.

They have more job control.

Coworking spaces are normally accessible 24/7. People can decide whether to put in a long day when they have a deadline or want to show progress, or can decide to take a long break in the middle of the day to go to the gym. They can choose whether they want to work in a quiet space so they can focus, or in a more collaborative space with shared tables where interaction is encouraged. They can even decide to work from home, without repercussion, if they need to meet a repairperson or deal with a family member need.

And while coworkers value this autonomy, we also learned that they equally value some form of structure in their professional lives. Too much autonomy can actually cripple productivity because people lack routines. Coworkers reported that having a community to work in helps them create structures and discipline that motivates them. Thus, paradoxically, some limited form of structure enables an optimal degree of control for independent workers.

They feel part of a community.

Connections with others are a big reason why people pay to work in a communal space, as opposed to working from home for free or renting a nondescript office. Each coworking space has its own vibe, and the managers of each space go to great lengths to cultivate a unique experience that meets the needs of their respective members. Grind, for example, is a growing network of coworking spaces in New York and Chicago. Anthony Marinos, who oversees Grind’s marketing, community management, and member services, shared with us, “When it comes to cultivating our community at Grind, we’re all about the human element. We consider ourselves as much a hospitality company as we do a workspace provider. Our staff knows all of our members by name and profession, and we’re constantly facilitating introductions between Grindists.”

WeWork, which recorded a valuation of $5 billion last December, emphasizes how it “seek[s] to create a place you join as an individual, ‘me’, but where you become part of a greater ‘we.’”

Importantly, however, socializing isn’t compulsory or forced. Members can choose when and how to interact with others. They are more likely to enjoy discussions over coffee in the café because they went to the café for that purpose – and when they want to be left alone elsewhere in the building, they are. And while our research found that some people interact with fellow coworkers much less than others, they still felt a strong sense of identity with the community. We believe this comes from coworkers knowing there is the potential for interactions when they desire or need them.

So what are the implications for traditional companies? Even though the coworking movement has its origins among freelancers, entrepreneurs, and the tech industry, it’s increasingly relevant for a broader range of people and organizations. In fact, coworking can become part of your company’s strategy, and it can help your people and your business thrive. An increasing number of companies are incorporating coworking into their business strategies in two ways.

First, they’re being used as an alternative place for people to work. Michael Kenny, Managing Partner of San Diego-based Co-Merge, told us, “In the past year and a half, we’ve seen a dramatic increase in the use of the space by enterprise employees. We have seen teams come in to use various on-demand meeting rooms. We have users from global companies of size ranging from several hundred to several thousand employees who use the space not only to allow their distributed workers to get productive work done, but also to attract employees who demand flexible workplace and work time.”

Grind is also witnessing growth in the number of remote workers who are becoming members. “We haven’t had to reach out to larger organizations, they actually tend to just come to us,” Anthony Marinos says. “We’ve had employees from Visa, journalists from the Chicago Tribune, and even people affiliated with large financial institutions all work out of Grind.”

Spending time away from the office at a coworking space can also spark new ideas. Rebecca Brian Pan, the founder of COVO and former chief operating officer of NextSpace, explained how Ricoh’s innovation team worked out of NextSpace Santa Cruz for several months to observe how people work and where they hit pain points. Based on member insight and feedback, and their own observations, the Ricoh team explored several new products that could help members in their daily work and chose the most highly rated product to pursue. From this effort, Ricoh later launched this product globally as their Smart Presenter, a paperless meeting solution.

Second, the lessons of coworking spaces can be applied to corporate offices. Just as it’s important to encourage flexibility and support your mobile workforce, there is an equally important reality of creating the right kind of work environment inside your own walls. But this doesn’t just mean creating open plan layouts or adding a coffee bar.

In reality, people need to be able to craft their work in ways that give them purpose and meaning. They should be given control and flexibility in their work environment — many companies are increasingly adopting the best planning practice of providing a 1:1 ratio (or close to it) of desk seats to seats in shared settings used for either collaborative work or quiet work.

Companies are also trying to enable more connections, helping people to interact and build community beyond work meetings. Coworking spaces are one place to look for guidance, as they regularly offer networking events, training programs, social events, and even summer camp. Some companies are going even, further, however. Rich Sheridan and James Goebel, founders of Menlo Innovations in Ann Arbor, Michigan, recently expanded their office space by 7,000 square feet so that so that start-ups and early stage entrepreneurs can work alongside Menlo programmers to spur community and innovation.

In a way, the company is reverse-engineering its office into a coworking space.

Our research — which is ongoing — suggests that the combination of a well-designed work environment and a well-curated work experience are part of the reason people who cowork demonstrate higher levels of thriving than their office-based counteraparts. But what matters the most for high levels of thriving is that people who cowork have substantial autonomy and can be themselves at work. Our advice to traditional companies who want to learn from coworking spaces is to give people the space and support to be their authentic best selves. The result will be employees who feel more committed to your organization, and are more likely to bring their best energy and ideas to the office each day. Even if it is corporate headquarters.

A version of this article appeared in the September 2015 issue (p.28, 30) of Harvard Business Review.

Coworking in IndiaCoworking SpaceCoworking Space in Patna
Coworking in IndiaCoworking SpaceCoworking Space in Patna

How co-working spaces have become the enablers for India’s business community?

Coworking spaces really enable innovation at your company

  • Open spaces, which are fundamental for coworking. If you want to create a space where people can speak, learn from each other and get new ideas, you need to remove all the physical barriers that block communication, such as private offices and boxes. Even more, you want people to change their working spot as much as possible so that they can mix every day. This helps to break the individual comfort zone gently, fostering productive interactions. Remember that innovation is about collaboration and teamwork, so open spaces will surely contribute to make this happen.
  • A place to live and work 24/7. We all need a nice place to give our best. Good coworking spaces try to create an appropriate environment, full of different spots that people can use for being physically rested and mentally focused. This means that you can find a sitting desk shared with more people to network or quiet rooms to focus on a specific task. You can also comfortably sit on a couch with colleagues to discuss some issues in a relaxed manner. And you will find, every day, a kitchen fully stocked with essentials, such as drinks and snacks, and where you can bring your own food to cook. Very different from a regular office! At real coworkings you may feel like being at home, working at your own pace. Of course, you should drop any fixed schedule: some people give their best in the morning, others in the evening or even at night. Just set them free to do it their way.
  • A place to empower people. A good coworking is not just an open and comfortable space, it also actively promotes collaboration, networking, and action. Through daily, weekly and monthly activities, co-workers can share info, events, and workshops, and they can also find the tools to get things done. They can either hire their coworking mates or get new ideas from some colleagues. They can also manage to organize fantastic events where they can learn and innovate. Just remove any constraints and give people whatever they need to unfold their creativity.
Coworking spaces really enable innovation

Flexible co-working spaces are not solely driven by start-ups, millennials and small and medium-sized enterprises anymore. It is also not limited to a specific kind of audience – there is a growing trend of big corporations also adopting co-working spaces in the recent past. Companies such as RBL, PayTM, Swiggy, Vice Media, Pepsico and OLX have already begun to move away from conventional spaces to co-working spaces.

During its early days, the industry started offering co-working spaces with the concept of short periods of stays. In a relatively short amount of time, the co-working industry has gone from a part-time, small-scale venture, to a global worldwide phenomenon. Today, we are nearing two million co-workers, working from thousands of spaces all over the globe.

Co-working spaces are also increasingly becoming industry agnostic and are seeing impressive growth. This has been possible due to the adoption of innovations and hybrid product & service offerings provided by the co-working operators. Co-working spaces are rapidly evolving themselves, keeping in mind the needs of their varied audience and adapting the space according to the needs of their corporate clientele. This includes providing a mix of private offices, fixed seats and even customising the entire centre specifically according to the client requirement. The spaces provide multiple options for customised spaces to established firms, start-up employees, freelancers, and emerging businesses.

Corporations working out of co-working spaces have witnessed lower operational costs and hassle-free operations. Currently, India’s workforce is dominated by the millennials who prefer a work culture that promotes community engagement, collaborative spirit, flexibility, and individuality – all aspects that co-working companies provide.  

According to a recent report by JLL ‘Reshaping Indian Workplaces’, steady demand from corporates, start-ups, and entrepreneurs have resulted in a huge jump in the coworking share in total office leasing which increased from 5 percent  in 2017 to 8 percent in 2018. In Q1 – 2019, it further increased to 12 percent. Factors such as technological innovation, digital transformation have further fuelled the trend of corporate companies joining the co-working space. 

Another trend that’s emerging is the growing popularity of managed offices which are customised for each occupier to meet all their requirements which includes workspace planning, flexibility, managing cafeterias etc. The prospects of the co-working industry look bright with drivers fuelling the demand for high-quality workspace with amenities. 

In spite of the growing popularity, like every industry, this too has certain challenges to overcome. Data security and privacy issues are one of the top concerns by companies opting for co-working spaces. For a company dealing with high volumes of confidential data, sharing space with external organizations can be potentially challenging. However, effective policy frameworks, ensuring soundproof rooms, and other procedures can help mitigate those risks.

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