The New Wave of Mentorship: How Coworking Is Transforming the Way We Mentor
15 March

The New Wave of Mentorship: How Coworking Is Transforming the Way We Mentor

Coworking spaces have been on the rise in recent years – and for good reason. The spaces allow affordable access to impressive and imperative entrepreneurial necessities for those who might otherwise be unable to finance such spaces and supplies on their own. Their budget-friendly memberships aren’t the only reason coworking facilities are gaining popularity, however. Coworking has also been transforming the way we mentor young entrepreneurs with their uniquely designed spaces that bring about unparalleled community resources within their walls.

Coworking Benefits

The coworking revolution has brought with it an entirely new way to operate a successful business today. No longer do startups and freelancers need to scrimp to pay for a mediocre base of operation or hold customer meetings and pitches out of their homes. Today, these spaces offer a community office complex that comes complete with all the bells and whistles of the most impressive and productive locations available, but they also offer tenants a potentially limitless pool of resources in the form of a diverse community.

“Coworking refers to working in shared office spaces using economies of scale to give tenants access to amenities and facilities they otherwise would not be able to afford. Coworking spaces connect diverse organizations and individuals, giving them the chance to collaborate, share knowledge, and develop systemic solutions to the issues they are trying to address,” explains social entrepreneur Tonya Surman via MITPressJournals.org.

The Social Aspect

The social aspect of coworking spaces is, in large part, transforming the way we mentor young entrepreneurs today. Mentorship used to be based in large part by specific relationships with others within limited spheres of our area of study or expertise. This new transformation of mentorship through coworking spaces, however, opens up the potential social and environmental opportunities that put young entrepreneurs in contact with others in multiple areas of expertise who can help them expand. In other words, these spaces create unique communities with individuals of broad backgrounds, increasing the resource pool for those members within them to create meaningful and invaluable relationships to help with growth.

Since the flexibility of coworking memberships allows for an evolving community population, the potential for mentorship relations is exponential. Even in the events in which prized relationships move to new locations down the road, your mentorships only serve to expand to new areas, thus increasing your resources and connections.

Transforming the Way We Mentor

With technology changing the way we communicate in recent generations; mentorship has never been more important. Being limited to either technical communications (emails, texts, social media, etc.) or personal communication (in person conversations or phone calls) can severely limit your exposure and the amount of true connections you make as you try to build your brand. Mentorships can be a critical piece of the puzzle to help bridge the generational gaps and build lasting entrepreneurial relationships to help you truly expand your business. Coworking spaces, with their diversity and socially designed community layouts, are primed to offer invaluable mentorship opportunities and transform the way we mentor future generations.

Technology and Coworking: The Collaborative Effort and Invaluable Opportunities
2 March

Technology and Coworking: The Collaborative Effort and Invaluable Opportunities

If you’re a coworking space member or contemplating joining a nearby community, you’ve likely done your research on the many benefits of these spaces. For many, the overall savings when compared to a traditional brick and mortar office space for start-ups and freelancers is a huge draw to the coworking world, but it’s not the only perk, by far. One of the greatest advantages, in fact, can be found in the invaluable opportunities that come with technology and coworking combined.

Standing Out with Technology and Coworking

With technology being utilized in virtually every aspect of our lives today, it only makes sense to see it in the workplace as well – that’s a no-brainer. The problems arise, however, when you’re trying to incorporate the most useful and effective technology into your own business – the costs can add up very quickly, hitting your budget a lot harder than you’d like. As a result, lots of start-ups and small businesses are forced to skimp on technology, opting for the basics in favor of lower costs, but costing your business advancements at the same time. This can hurt your future endeavors by limiting your ability to effectively get your business ventures out there in the best light and in the most efficient way.

The Technology Advantages

Since coworking spaces have been on the rise in recent years, most spaces today offer members not just a beautiful workspace, but also one that comes equipped with the latest technology – and under budget. It’s no wonder then that these spaces can offer some serious technological advantages over the traditional (and limited budget) options of brick and mortar spaces. So, just what are the advantages of having the latest technology at your fingertips?

Well, for starters, since technology is essentially the media you utilize in every step of communicating your product or services, it’s clearly a pretty important (yet often overlooked) part of your business’s success equation. Using unreliable and outdated equipment can limit your ability to get your image out there, let alone make a favorable lasting impression on prospective clients. If, however, you utilize a workspace that already has all of its tech components seamlessly connected and ready to use, you stand a much higher chance of wowing your business connections as well as save yourself the time and headaches of dealing with shoddy equipment.

Invaluable Opportunities with Tech

Technology advantages don’t end with impressing clients. Some of the most invaluable opportunities that arise from having state-of-the-art tech at your disposal come from the dramatic increase in productivity they tend to promote. By allowing you the best network connections and the accessibility of easily connecting multiple devices for sharing and collaborating, technology promotes some serious productivity. Technology has become one of the hidden gems of the coworking communities that allows users to quickly connect and share ideas with others as well as brainstorm new ideas from anywhere in their space at virtually any time of the day. Can you imagine the invaluable opportunities that can (and do) arise from combining such technological advantages with sleek and affordable office spaces for entrepreneurs? They’re practically limitless!

Meeting and Event Spaces: The Most Valuable Asset That Coworking Offers Entrepreneurs
15 February

Event and Meeting Room Rental: The Most Valuable Coworking Asset

Whether you’re a coworking veteran or you’re looking into joining a coworking community in the near future, the benefits of utilizing these communal spaces for your entrepreneurial endeavors are exponential. From decreasing your overhead to increasing your networking opportunities and everything in between, coworking spaces offer a plethora of plusses for businesses and individuals looking to grow their brand. There’s one element, however, that stands out as perhaps the most valuable asset a coworking space can offer: event space and meeting room rental.

The Meeting Room Rental Advantage

If you’ve ever wanted (or needed) to host a group event – be it a business meeting, training session for employees, or even a holiday event – you’ve likely encountered an issue with space. Even if you have access to sufficient square footage for your meeting or event, what kind of image will it leave your attendants with? Does your space convey professionalism and sleek sophistication? Is it equipped with the latest technology and modern conveniences? Is it going to give your clients the best impression of you or let your guests and employees know they are important to you? Is your location convenient to your attendants? Chances are, if you have a space at all, the answers are likely “No.”

Hosting Workshops and Other Networking Opportunities

Coworking spaces are quickly becoming an entrepreneur’s most valuable asset for this very reason. Not only do they offer affordable, professional workspaces, but they also offer amazing spaces for your larger meeting needs as well. Since maintaining an organized and sleek appearance during meetings can make or break your growth potential, it’s not hard to understand how the meeting room and event space rental trend is on the rise today.

These spaces are designed specifically with your business growth in mind. It allows a low-cost way for you to access all of your tech and space needs for client or employee meetings such as interactive whiteboards, reliable Wi-Fi, impressive views and even refreshments as well as a convenient location. Hosting a workshop to invite potential clients or employees to learn new tips or techniques or expand your networking opportunities are all excellent ways to utilize these impressive workspaces to your advantage.

Making the Most of Coworking Spaces and Meeting Room Rentals

Meeting room rentals are generally free for those with memberships to the respective coworking space associated with them, or available at highly reasonable rates for non-members. As a result, they are a popular way for businesses of all walks to host their meetings and events. It’s hard to ignore the cost benefits of a space which comes fully equipped with technology and amenities as well as a conveniently central location for all of your attendees to find.

Other benefits of meeting room rentals include a higher degree of privacy and luxury versus traditional office environments. This allows you to keep potentially sensitive issues more private by discussing them away from your office environment, as well as offering a highly polished area as the backdrop for critical presentations versus dated (and usually costlier) hotel meeting areas. The benefits of these spaces are countless, but one thing is for certain: meeting room rentals and event space rentals are among the most valuable assets of coworking spaces, making it easy to understand why they are so quickly gaining popularity.

Networking 101: How to Make the Most of Your Acquaintance Resources
1 February

Networking 101: How to Make the Most of Your Acquaintance Resources

By now, you’ve likely learned that your business associates and acquaintances can be an extremely valuable commodity for any entrepreneur. No matter what line of business you’re in, having meaningful connections with others in your field and your community can help your business ventures exponentially… but how?

The Key to Successful Networking

When it comes to networking, there’s one key concept to keep in mind: it’s always better to focus on having true connections with your associates than it is to branch out and stockpile a laundry list of networking individuals. In other words, as with most relationships, focus on the quality of your relationship versus the quantity.

While you may be tempted to get out there and spread your business card all over town and collect those of others with fervor, networking is more than simply meeting an individual in the same line of work. It’s also not about the “big” names in the business either. Networking takes – wait for it – work. Yes, you need to work at developing meaningful connections with your network or it won’t get you anywhere. So, how do you do that?

Stay Relevant with Meeting Room Functions

Developing and maintaining relevant networking connections is a multi-dimensional process that involves both getting to know your associates as well as making it known what kind of worth you bring to the table as well. Networking is about a mutual growth in which we offer help to others while gaining connections and opportunities simultaneously (but without expecting anything in return).

In order to achieve this, you’ll need to find ways to stay relevant and at the front of the minds of others in your area and field of interest. You want to be the one they think of when they have a need in your area. How do you do this? Offer your time and/or your services. Try hosting a training seminar or workshop to offer valuable advice or tips to help others. Don’t have the space to do this? Check out meeting room rentals or event spaces you can utilize regularly to impress your connections with both professional presentation as well as valuable information.

Be Helpful and Be Appreciative

“As you meet new people and build your network, keep in mind the value of each relationship. Reaching out to someone you’ve met once when you need something isn’t going to build trust – you need to offer your resources to open the door for mutual benefit down the road,” explains Forbes.com.

In other words, if you want to have truly valuable networking experience, you need to remember the road goes both ways. You need to invest your time and effort into developing meaningful relationships in order to get the most out of potential future opportunities from them. Take the time to get to know your acquaintances, invite them to relevant opportunities like workshops or conferences, and be sure to show them you appreciate their time and acquaintance. Invest your time and effort into building not just an expansive network, but a quality network that’s rich with solid potential.

Be Your Own Brand Ambassador: How to Market Your Small Business
15 December

Be Your Own Brand Ambassador: How to Market Your Small Business

Whether you’re just starting out or you’ve been in business for decades, it’s always a good time to review your marketing strategies to make sure you’re getting the best exposure possible. With ever-changing technological advances, small business marketing efforts can evolve quicker than you may imagine, rendering your entrepreneurship irrelevant or unseen rather quickly. With a few good business practices, however, you can stay on top of the changes and become your own brand ambassador, keeping your venture at the forefront of your market.

How to Market Your Small Business

According to Forbes.com, “Marketing is a concentrated effort to push your brand across a variety of platforms and hope that enough makes it through to your customer.” Often times, your business needs to be seen a number of times before it is truly recognized and converted to business, so the more you brand, the higher your chances of a successful effort. This is Marketing 101 and likely something most business owners are already aware of. So how do you convert this concept into something that stays current?

Becoming Your Own Brand Ambassador

The most important step to marketing your brand is organization and revision. This is the process of taking a look at what areas you are currently marketing your products and services and analyzing how they are performing. You’ll want to highlight areas that are working well – are customers bringing in mailed fliers or using certain promo codes you issued? These are things you’ll want to continue, or even tweak to keep things fresh. You’ll also want to note which areas aren’t bringing in the traffic you’d like to see so you can either rethink them and try a new angle or scratch the idea altogether. This process of reviewing what’s currently going on is one that should be repeated at least quarterly in order to stay relevant and give you the best response time.

Research Current Trends

If you want to stay relevant, you need to make sure your business is growing and moving along with technology and the digital age. Doing a little research will help you ensure you’re reaching the full extent of your client base with your marketing efforts. Take a look at what related businesses are using to promote their brand: are they pushing social media platforms or improving their mobile-friendly visibility? Also, take a look at more organic resources in your area that you could tap into. Is there an up-coming local festival or charity event you could sponsor or get involved with? These should give you ideas for what is trending currently and how you can adapt your branding efforts to match the trends.

Network, Network, Network

Let’s be honest here, of all the methods an entrepreneur can market their goods or services with, few compare to the benefits of networking. Networking is simply the act of getting out into your community and/or line of business and making connections with others. This is done by attending conferences, joining local organizations such as a Chamber of Commerce or utilizing communal work spaces, sponsoring related events, and just plain being seen. By doing this, you’re expanding the potential client base by bringing awareness to your business as well as giving yourself an essentially limitless pool of future connections.

Recap and Adapt

To recap, the best thing you can do to become your own brand ambassador and increase your bottom line is to review your efforts frequently, research what’s trending, and get out there and network in your community and trade. By keeping up with what is working, and changing what is not, you’ll be able to stay on top of marketing trends and boost your brand more effectively.