Why Co-Working Spaces are an EcoSystem- 3 Benefits

3 Benefits of Co-Working Spaces

How are co-working and ecosystems similar? An ecosystem is defined as a biological community of interacting organisms and their physical environment. Similarly, co-Working locations have a complex set of relationships among their resources, habitats, and residents.

Co-Working spaces are not just in California. Yes, they are in Pittsburgh too. Alloy 26 recently opened at the old Allegheny Center Mall location now called Nova Place. Nova Place is a great location for innovation and technology in the Pittsburgh region.

Over the past few years, Found Advisors has worked with many differently sized companies. They range from start-ups to Fortune 100 companies. As a result, we see these types of facilities as great opportunities for many of our clients.

The Benefits

Co-working spaces provide the following  3 main benefits:

FLEXIBILITY

Many co-working facilities offer short term and drop-in options. This provides start-ups and growing companies flexible options. You can sign up for a flex desk, dedicated desk, private office or even a corporate cubby for your small company.

In addition, most spaces offer phone booths for privacy. Moreover, they typically provide meeting facilities with video conferencing. Some co-working locations even have a national platform where you get on-demand access to beautiful spaces globally.

ECOSYSTEM

Co-Working environments provide an endless supply of networking opportunities with founders, freelancers, and entrepreneurs from all over the world. Therefore, they can be more of an ecosystem than a workplace. As a result, you have the ability to meet people to partner with.

You have opportunities to enhance your brand, build your product and market your services. At WeWork, you receive invitations to exclusive members only events. They boast that you have the ability to connect with over 40,000 + other creators. Similarly,  Parisoma in San Francisco even offers educational and community classes.

COOL FACTOR

Yes, they are trendy. Co-working spaces typically provide organic coffee and tea, purified water. They often have large, fully functioning kitchens, gaming such as ping and pool tables. In addition, they build out multiple  lounging areas throughout the space.

For example, Impact Hub in Madrid is split into three lofty, self-contained spaces. These spaces accommodate lectures, workshops, training programs, meetings and large-scale events. Another option, TalentGarden in Milan offers beanbags, foosball, café, an aperitif area, a garden and an outdoor rooftop pool.

Co-working locations are Milano_low-1-1024x682a great way to build collaboration and be part of your own ecosystem. For more information on locations that can work for you, please reach out to any of our advisors at 412.336.3333 or team@foundadvisors.com.

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