Yesterday, David Wolinsky wrote a between-the-eyes piece on ADMCi’s blog about why co-working doesn’t live up to its inherent potential of 1+1=3. It was a more direct way of saying what I did a few months ago.
To me, the a-ha moment was realizing that the people behind many co-working spaces still haven’t figured out how to create the “stickiness” that’s so critical to any business. As David rightly puts it, many believe “we’ve got a spare room, let’s rent it out to a bunch of strangers to work.” Sorry, contrary to what they may think, co-working is not a simple real estate play. Continue reading
I often work from a co-working space, know several people who have started, run and invested in them, and know even more who work at them.
From what I’ve seen, heard, read, and experienced, co-working is here to stay. It’s become the new way of officing for mobile and traveling professionals, sole practitioners, and startup founders. Even big companies are retrofitting their facilities to mimic co-working spaces, or even creating them for their own employees. Continue reading