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Six Factors to Consider While Choosing a Co-Working Space

So you have been struggling with the thought of owning or renting an office space but challenged with the budget constraints. You have a startupand plan to keep the expenses lean, which gets you towards the idea of  a co-working space. But which co-working space? You just can’t move in to any coworking space. Are you looking for a coworking space anywhere in the city or you have a particular location like a coworking space in east delhi? And then are you looking for a co-working culture or just an office space for rent? What solves your purpose: shared office space or a single dedicated workstation for rent?

Your choices are many. Starting from location to interiors to people, everything matters when it comes to choosing a co-working space as this is a matter of your business prosperity. Let’s figure out few of the top priority factors that you may consider while choosing a coworking space:

1.  Location:  When we say location it’s not that any coworking space in your neighbourhood that will work, rather look for a coworking space that is comercially visible to your clients and offers you a convenience to reach. Put simply, it must be easy to locate and easy to reach for you, your team members and most importantly to your clients. Any coworking space that forces you to keep explaining the lanes and streets before your clients are able to reach you is not an ideal location. One of the best coworking space in east delhi that has come up recently is Cocoweave-The Work Café. Located in the heart of east delhi, walking distance from metro station, railway station and bus stop make it most convenient to reach and far more easier to locate.

2.  Investment:  Once the location for work is identified, next comes the investment. Choosing a work space that is centrally located in the most posh localities may not work, incase it is finacially very taxing. Large swanky offices, that put a deep hole in your pocket may not be ideal choice. Your very idea of going for a coworking space at the first place was to function on lean management system. Therefore, when you look for a shared office space or best coworking spaces, explore the available options and choose the one that fits your budget. But here, if I may caution that not choosing a coworking space that costs you comparilitively slightly on a higher side, but offering you some of the best services is not a good idea. Prudently choose a coworking space that is best in the area and the one that offers you the best advantages that practically superceed your cost.

3.  Services offered:  It’s not just about the place and space, the next important thing to consider while choosing a coworking space are the services offered at your chosen co-working space. And by services, I do not mean the ordinary, name sake services but the ones that are practical, workable and something that you can exactly relate with your business. Forinstance, if you are an IT geek and need to be on net most of the time, then any ordinary internet or wi-fi connection may not work. You might need a dedicated leased line, internet connection. Check for the speed, safety and security. Similarly check the provisions available for making phone calls, or power back, or the number of hours the air conditioners would be on or the extent of housekeeping services that you can avail. Check what are your exact needs and requirements and how best the coworking space offers you. Remember, if you do not get your basic or core services than the entire purpose of being at a coworking space gets defeated and all the money that you pay (even if it is less by few hundreds) goes as a waste.  Therefore make a prudent selection.

4.  Event Spaces:  Are you planning to host a party for your family member or thinking for a get-together with your friends? Or most importantly, are you all geared up to launch your new product or service and coming up with a Networking Party idea? Whatever may be your creative thought, you definitely need and event space at your workspace. Launching your new product at your office space would make more sense than hosting a party at a far away place. There is a best coworking space in east delhi, with the name of CocoWeave that gives the multiple choices to its co-workers to use the space for work during the day and host some special events on weekends or evenings. It has a provision to accommodate more than 100 people in one go at one place. This makes the space extremely popular and practical. Nevertheless, you also have the option to conduct your team events, team celebration parties, team-bonding events or hold an appreciation party to falicitate your exceptional team members. So when you have the choice to book an event space in east delhi, your choice of choosing a coworking space that is best in east delhi becomes easier and practical. Any coworking space that offers such multiple facilities at a single location can be preffered choice while choosing a coworking space.

5.  Learning, Developing and Networking Events: As it is rightly said that it’s just not about event spaces but the events itself that makes the place a special choice while choosing a coworking space. Another pertinent factor that draws our attention while considering the best coworking space is the kind and number of events that are hosted at its place. When we talk about events, it’s not just hello.. hi and such social events, but events that help you to learn and grow as a person individually and your business as a whole. There are some coworking spaces that provide some excellent learning opportunities by hosting many such training and developing  events like leadership development training programs, Programs on Emotional Intelligence, Change Management, Decision Making, Anger Management, Time Management, Stress Management, Interpersonal Wellness Programs, Personal Effectiveness and Life Coach Training Program. Besides the regular social events like celebrating birthdays and festivals. There are several networking events as Business demo days, Solving a Puzzle, Dancing Days, Potluck Parties and many such events.

6.  Working Culture:  It is surprising to realize that many people while choosing a coworking space, fail to explore the culture, values and ethics that are followed at a place. If you choose a coworking space for work, practically the prevalent work culture will also impact your thinking, behaviour and action. Imagine you choose a coworking space where people who run the show are cold, abrupt or simply rude. They could be indifferent to your needs or may be they are so hand-tight that they do not have much power to exercise any relevant change? How would working at that place look like? Therefore even with best of location, infrastructure, pricing and services offered, it is the people who bring life to a place. Check for people, interact with the facility-incharge, gain some feedback from existing coworkers and make a self observation to seek your answers.

Few of the above factors will help you to make an informed choice while choosing a coworking space, shared office, office space for rent, take a dedicated workstation for rent or to book an event space in east delhi or in any part of the country. As a matter of fact, the place that you work is your place for worship, because that’s the place where you not only get a platform to begin your journey but also to add meaning and value to your life, throughout. So be wise and see the rise!

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Co-Working Spaces A Thriving Business Mantra

Have you ever thought that why corporates opt for coworking spaces today despite having large office spaces with enviable work environment? Contrarily there are startup’s, entrepreneurs, freelancers, momopreneurs, Experts, Professionals and Analysts who look for an impressive, progressive and professional work spaces besides having the option to work from home or from nearby coffee shops? Well, research suggests, that working at shared work spaces help to mark an increase in people prodictivity at 6 on a 7 point scale. This is much higher when compared to people productivity who work in regular offices. This made us to explore over some of the crucial factors that made co-working spaces as an obvious choice for the corporates and individuals alike.

Makes the work Meaningful and Distinctive: When large corporate houses operate from their large workspaces, it carries common workload with common profiles. Alternatively, when people work from co-working spaces, they carry a part of the common work in a unique work environment that not only adds distinctiveness to their work but also help them to see the work from a added perspective. This helps them to add a dash of creativity and renewed enthusiasm to their work. They do not feel bored to do the same task, in a set environment with same bunch of people. With new place, new people and new environment they can add more meaning and individuality to their work. This is beyond the added advantage of saving hours of travelling time and consequent energy. Similarly when individuals or startup’s work from co-working spaces they not only get a professional workspace to work and call their prospective clients but also find meaningful connection between their work and the work of other co-workers.

More Control Over the Task:

With 24*7 access, Elegant Infrastructure, Maintenance free Resources, Internet, Electricity, Housekeeping, Power back-up, biometric access facilities to work with, there is little doubt that the focus remains only on the work. The unnecessary burden of arranging or procurring resources is deemed to be nil. Nevertheless the choice to work at flexible hours as to first work then hit the gym and again come back to work, or to devote the first half of the day towards meeting and networking and the late evening hours into focused work environment gives complete control over the task to anyone being a part of coworking spaces. You can also choose to work either from exclusive private cabins or from open dedicated workspaces, what ever suits you the best. Complete freedom of choice offers a complete control over the task.

Sense of Belongingness:

Co-working spaces offer you the unique opportunity to retain your autonomy yet be a part of larger community, both at the same time. When you work in a co-working space, you get all the leverage to retain your identity and individuality. You are not lost in the crowd. The essence of a co-working space can be judged when the staff identifies each co-worker and his/her profession individually both by their name and face. So when people know you individually but also give you the opportunity to connect with the larger community circles coming from varied backgrounds, co-workers develop both a sense of ownership and a sense of responsibility. This definitely makes the working space highly enigmatic!

Learning and Training Opportunities:

If you think that co-working spaces are just a place to work, you cannot be more wrong. Today coworking spaces are the breeding grounds for several interesting workshops, events, seminars, conclaves, conferences and Training Programs. You have several social events too that not only help you to unwind yourself but also helps you to explore some of your hidden skills. They help you to learn and train yourself on those aspects that you always wanted, but either have delayed or denied yourself with one or the other excuse. It helps you to fill your identified gaps and be your whole self.

I believe the best coworking spaces are those that helps you to bring your wholeselves to work. Where, you do not feel crippled to work with limitations and barriers. A place where you can work with complete focus and attention and a place that helps you to grow from your current self to your ideal self.

So what are the implications of coworking spaces for traditional workspaces? Although coworking spaces movement was started by entrepreneurs, startup’s and free lancer’s, yet it is equally becoming important for all small, medium and large organizations. Big corporate houses with the intent of attracting and retaining talent by offering them equally good workspaces, close to their homes offer them an opportunity to work from co-working spaces. Similarly for startup’s and solopreneurs getting to work in some of the most cost effective and efficiency effective shared workspaces, becomes a welcoming choice. For more information visit our website www.cocoweave.com.

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Leadership Development Training Program

Leadership Training Programs become most effective when the needs to the participants are aligned with the content and context of learner’s Learning.

As a leader, when was the last time you challenged your status quo existence and questioned yourself that why are you doing what you are doing? When did you last asked yourself that where are you going and why are we going in that direction? Do you also feel that your team although possess all the necessary skills, knowledge and information to do the job, yet lack the natural interest and enthusiasm to work? How do you think you can engage your team members towards the achievement of organization’s goals?

Answers to all the above and many such questions remains the essence of our Leadership Development Training Program in East Delhi that is scheduled on 18th of August’ 2018 (Saturday). Don’t forget to mark your calendar and be present at CocoWeave 11, Hargobind Enclave, Near Karkardooma Metro Station, Opposite Metro Pillar No. 118, Delhi-92. We would love to see you there!!