An entrepreneur's journey is not all glitz and glamour. There is much struggle involved especially if you're just starting out. You face expected as well as unexpected hurdles, and it becomes all the more tough to overcome these if you're cooped up in a bedroom all day. Nothing encourages an individual to work to the best of their ability quite like seeing people around them putting their best foot forward. It is for this reason that co-working spaces are becoming popular among budding entrepreneurs.
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That being said, there are a few misgivings like unwanted distractions, unnecessary conflict, and direct competition that are a part of co-working environments. However, if you manage to work around these, the advantages of a co-working space will outweigh the cons and you'll emerge as a better professional.
If you have worked as a freelancer at some point in your life, you will know that it requires some amount of self-motivation to not stay in bed all day. You tend to procrastinate easily as apart from self-set deadlines, there is not much to push you to complete your day's tasks. One of the greatest advantages of a co-working space is that it surrounds you with goal-driven people who are accomplishing things, thus motivating you to do the same. It gives you a sense of meaningful pursuit which you will not find in the confines of your home.
No matter what the nature of your business is, you will know that it is imperative to network and build contacts. A co-working space offers you as good an opportunity as any to work with a wide range of entrepreneurs. Not all who you are sharing space with might belong to the same field as you, but it would be a waste to work with so many people who are professionals in their own right and not take the opportunity to make connections.
We all get that feeling of being stuck in a rut at some point. Just like writers face a writer's block, entrepreneurs also feel drained of ideas after a certain point. This is where the real value of a co-working space comes in. Such environments help you to bounce ideas off like-minded professionals and figure out solutions to your problems.
One of the most obvious and practical reasons for renting a co-working space is the affordability factor. If working in a state-of-the-art office has always been your dream but you don't have the funds to back that dream at this moment in your career, a co-working space will bring you closer to it. It will also give you access to printers, scanners, and fax machines without you having to invest in them. In addition, you won't have to sign long leases and you'll be able to maintain your freedom and flexibility.
The exposure of sharing a co-working space will advance your career more than you think. Bombay Connect, 91springboard, The Hive, Investopad, and Evoma are a few co-working spaces in India that you can explore if you're on the lookout. These places have membership costs as low as Rs 500 a day and are situated in prime locations with easy access to bus and train stations. It's never too late to go out and do your thing!