The more you learn about the advantages of co-working spaces, the more it sounds too good to be true. When something has been hyped up over and over again, you start to wonder what could be wrong with it.
Flexible workspaces have their share of naysayers and their opinions may give you pause in patronising such establishments. However, let us help you alleviate your fears as we debunk popular myths regarding co-working spaces.
Myth: It is exclusive to freelancers and startups
Yes, it is popular among freelancers, solopreneurs, and startups but the beauty of co-working is its diversity and inclusivity. Well-established companies have started to embrace co-working as well because it is an opportunity to collaborate with professionals from various sectors and to source talent as well. Flexible workspaces are ideal for networking and the more diverse it is, the more ideas and perspectives can come together to solve problems and overcome challenges.
Myth: It can be too noisy
The most cliche picture of co-working is a group of young professionals talking to each other with cups of coffee in their hands. Some do take advantage of the networking and collaborations co-working spaces can offer. However most members are there primarily to focus on writing that business proposal or designing the next big app that chatting with others is farthest from their minds. Co-working space providers also realise that they have clientele who would prefer to work privately, hence quiet or private rooms are available at most co-working spaces, in addition to common areas that are more conducive to networking activities.
Myth: It is a fad that will go the way of netbooks and flip phones
As the global workforce have become more mobile, remote working has become the norm rather than a passing trend. According to the latest Global Co-working Survey: The 2018 Co-working Forecast, 1.7 million people will be working in around 19,000 co-working spaces around the world by the end of 2018. Opting for flexible workspaces only benefits both employers and employees by enhancing productivity, inspiring creativity, and even reducing commuting time.
Not to mention co-working save costs and that’s why companies like Uber, Oracle, and Microsoft have started using flexible workspaces for the attractive benefits it offers.
Myth: Networking is a must
Fear not if you’re an introvert just trying to finish your manuscript and you’re just there for the energy and not the socialising. Co-working spaces is as diverse as its members. It’s just a matter of finding the perfect workspace suited to your needs. Many co-working spaces have quiet nooks, “phone booths,” and designated private offices designed specifically for those of us who thrive working solo. Also, you can invest in a good pair of noise-cancelling headphones that can help with the isolation, and headphones on is the universal language meaning “do not disturb.”
Myth: It will cost you an arm and a leg
Flexible workspaces have cropped up all over Asia Pacific and there is definitely one that will match your budget in cities such as Hong Kong, Singapore Bangkok, Bali, Jakarta, Seoul, Sydney, or Melbourne. In fact, co-working can save you money in the long run by eliminating other costs you might incur such as maintenance and repairs. Co-working definitely doesn’t have to break the bank. The peace of mind it offers, as opposed to stressing about a long lease or purchasing furniture and equipment for an office, is priceless.
Don’t just take our word for it — bust these myths for yourself and discover why co-working is now everyone’s cup of tea.