Cowork Rochester

Who Says Coworking Won’t Work?

Posted in coworking, industry, news coverage by Erik on March 17, 2010

Coworking has been getting a lot of  press lately and this article from USA Today is just another feather in the cap of coworking. It got me thinking about a comment left on an earlier article comparing coworking and shared office space. Jason said, “Coworking Spaces = Not Profitable and most FAIL[.] Shared Office Space = Struggling but have a PROVEN biz model.” It’s clear that the rules of business are continuously changing and that the landscape for how businesses source a physical location will change as well. I suspect that shared offices were a radical idea when the first one was pitched. Coworking will ultimately be successful in any market with a sufficiently large talent pool because of the economic benefits they provide to bootstraped and underfunded startups and solo-workers. From the article:

Such facilities surfaced a couple years ago, but they are thriving because the economy has forced companies and non-profits to use them as a practical way to save money. They are especially appealing to one-person businesses, which grew 8% in 2008

Advertisements
Tagged with: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: