Why Is Co-working A Primary Driver to Freelancing Business Success

Last Updated on August 12, 2021 by admin

Coworking has become a big thing especially in today’s remote working and freelancing trends.

It’s gaining popularity among freelancer businesses in big cities and it’s making its way to different freelance groups around the world, according to FundsNet recent article.

Its success is largely attributed to a changing work demographic due to Covid19, as stated by CNBC. In the United States alone, it’s estimated that there are about 53 million Americans are working freelance and are earning even more when compared to traditional 9-to-5 jobs.

Executive Director of the Freelancers Business Union Sara Horowitz said that the rise of freelancers and remote working arrangements is the “Industrial Revolution” of the 21st century.

And regulations, as well as policies for this kind of work, are needed in order to take care of the interest of the growing number of people calling themselves as freelancers.

A Driver to Freelance Business Success

Coworking spaces help freelancers improve and grow their freelancing career. Shared spaces – no matter what size or capacity it can handle – offers a lot not just in physical space but also in the connection and support that the community can offer. It can fill-in a big gap in the life of a freelancer who’s often deprived of colleagues and companionship of like-minded people.

Yes! Most freelancers who are working for the same company are separated by great distances and are mostly working from the comfort of their homes and because of this, work can feel boring and lonely at times.

This is what coworking spaces are trying to eliminate. By being able to connect with a community, work becomes more exciting and enjoyable.

And when you feel highly motivated to do every task, you become more productive which eventually leads to overall success in your chosen career.

Benefits for Freelancers

An article published by the Harvard Business Review back in 2015 states that co-working provides freelancers with a way to thrive. It makes them feel that they are part of a movement and as a result, they feel more engaged with work. And since there’s no politics in the office that you needs to be dealt with, every passion felt becomes a tool for improving every work output.

Aside from the above-mentioned benefits, coworking also offers flexibility that traditional workspaces don’t have. Whether it’s a yoga class at mid-day or working in advance for the next day, coworking spaces provide self-defined boundaries that help keep productivity levels to the highest levels.

A study conducted by Deskmag which was later published in Forbes show more conclusive results. It revealed the following statistics:

These data are hard to argue with no matter from what angle it is viewed from. Having a workspace that’s outside from home really boosts creativity and improves the quality of the output. It also encourages communication that results in less stress, diminished boredom, and a better mood to accomplish work every single day.