I’m a millennial. I happily embrace the title while rejecting the negative stereotypes associated with it. We’re more than a movement; we’re the future. What’s even more, we encompass an entire lifestyle.
Raised in the age of technology, we’re afforded so many more opportunities than generations before us. As it used to be, starting a business was a costly venture. These days, as long as you’ve got an internet connection, you’ve got a shot.
Armed with a laptop and a bit of that entrepreneurial spirit, millennials are changing the way the world works.
Ushered in with the age of millennials in the workforce are two trends that are shaking up the way we work. Firstly, freelancing fulltime is at an all-time high. According to one study, over 53 million Americans are freelancing, and that number is only growing.
Second is the rise of coworking spaces. For those of you who are not familiar, coworking space, in a nutshell, is where you can rent an office, desk or suite to run your business. It’s an innovating option for startups and entrepreneurs to work professionally while keeping their overhead costs down.
While coworking spaces are great for many types of people, one fact is undeniable. They offer some fantastic benefits that can help improve or even grow your business.
While you still get to be your own boss, having a working destination offers freelancers a better chance of hitting that much-coveted work-life balance.
Coworking spaces are popping up all over the globe and offer flexibility to match any work style.
Many spaces are often 24/7, meaning whether you’re one to get up and work bright and early or if you do your best work into the wee hours, you have office space that fits your schedule.
Creates a Routine
Another chief complaint among freelancers is that while forgoing the time clock is all well and good, it can be all too easy to fall out of a productive schedule.
For me, my home office is in my living room. I love being able to roll out of bed, brew a pot of coffee and begin working at my own pace. However, I also know how quickly that cup of coffee can slide into a leisurely breakfast, and I wind up losing productive time.
Having a designated coworking space to show up to can help create a much-needed routine and can ultimately help you work smarter and more with fewer distractions (more on that later.)
No, if you show up to your shared desk an hour later than you originally planned, you won’t get lectured by your boss (who, coincidentally is YOU.) But it does give you a little bit of motivation to get out of your PJs in the morning and get to work knowing you have a place to go (other than your living room.)
Afterall, your business won’t work if you don’t.
Beat the Burnout
Being an entrepreneur can be a roller coaster experience. It also can be an isolating one.
As a freelance writer, it’s not at all uncommon to realize it’s 7 pm and I haven’t heard another human beings’ voice all day. (I’ll admit, I’ve found myself overly chatty with the mailman just to engage in conversation during the day.)
That kind of isolation, combined with dealing with the up and downs of running a business, can lead to burn out pretty quickly.
When I’m burnt out, I can’t produce my best work. When burnout hits, I find myself staring at my laptop screen, with a blinking cursor, wondering what the hell to do next.
Having an office or desk mate is a great way to cut through that isolation and be sure you stay ahead of the dreaded burnout.
Help Bust Through a Creative Block
Coworking spaces are great because you can interact with other professionals, and draw inspiration from them.
I like to think of coworking spaces as a giant mastermind group, where each member brings something to the table. Seeing other entrepreneurs making their dreams work can rouse your inner muse and get you back on the creative train in no time.
As many people can attest, working from home comes with its drawbacks. One of the biggest drawbacks is that there are distractions aplenty.
It’s easy enough to say ” I’ll just tidy up this space while my coffee brews” and realize over an hour has passed. Want to take a quick break and watch just ONE episode on Netflix and suddenly find you’ve lost two hours? We’ve all been down that work-from-home rabbit hole.
When you use a coworking space, you’re much less likely to lose time checking your Facebook feed when the office around you is hard at work.
Additionally, the professional atmosphere alone may be enough to boost you into productive overdrive.
Besides offering a respite from the lonely workings of starting a business, coworking spaces provide many opportunities for developing professional relationships.
After all, what better way to network with other freelance professionals than to work alongside them? Many coworking spaces offer great benefits like weekly mixers or happy hour events where you can mingle with other professionals.
One coworking facility, The Treehouse Society, has even gone a step further and created a membership network where members can offer each other services at discounted rates. How’s that for a win-win?
Reap The Benefits of Coworking Spaces
The benefits and opportunities coworking spaces bring your business are plentiful. Whether you’re just starting out or just you need a boost to your business, coworking spaces are the up-and-coming way to rise to the top
If you’re struggling to grow your business or need a break from the home office monotony (or Starbucks, no judgments), look into renting coworking space.