The term „co-working” was first used by American author Bernard DeKoven in 1999 to describe collaboration with like-minded and independent people in an online space. The first co-working space was opened by Brad Neuberg in 2005 in San Francisco, California. Neuberg defined co-working space as “a workspace that combines freedom of working for yourself with the community and creativity of a traditional job”. A few years later co-working became a global movement. Its popularity exploded among freelancers, high-tech startups, various professionals, and entrepreneurs.
What are the main profits of sharing co-working place instead of working in a conventional office for start-up projects? It seems that the main benefit of co-working space for such projects is obviously the birth of innovation. New ideas are flowing and new products are born, when people from different companies socially interact, talk with one another, build lasting friendships and social relationships. Discussing creative ideas with people from various industries (for example IT, Artifical Intelligence, Fashion, Architecture, Robotics, etc.) can lead to inspiration and future successful technology startups.
What is also very important in co-working spaces is the atmosphere, which can be extremely vibrant and far more relaxed than in many formal corporate offices. There is less hierarchy in such environment, and there are more opportunities to be social with like-minded members of a community, who are sharing similar interests and values. The work in co-working place becomes more healthy and pleasurable, and indeed better suits younger and highly educated individuals and nomadic workers. Additionally, all community provides strong support and professional training, especially for new members.
Collaborative areas are often places without strict rules or limits. They are perfect for social interactions, ambitious work, and often needed relaxation. Basically, you can work there whenever you want. Startup builders meet other experts (engineers, programmers, accountants, HR workers, etc.) during work & breaks at work; they eat and drink together, casually chat with each other, help each other out with difficult issues or even motivate each other. Social support becomes a very important aspect of co-working communities, which are built on respect and trust. Even when you are introverted you will feel at home in your favorite co-working space!
Typical corporate offices with limited social interactions often limit employee’s potential.
As co-working spaces encourage social interactions, which lead to better productivity and creativity, they are a better alternative for start-ups builders.