Tag Archives: entrepreneurship

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8 Things Startups Love About Coworking

Coworking is becoming a popular trend all over the globe and with good reason. If, by any chance, you are unfamiliar with what coworking is, well let me explain it in the simplest way possible: coworking is a membership-based workspace with a diverse group of professionals in a communal setting.

Now what is it that makes this concept of coworking so effective and appealing to those in the startup scene? To find out we decided to do a little internal research among our own companies here at the ETC to find out exactly why coworking spaces have become so popular.

  • Community & Culture

Entrepreneurship can get lonely at times, but when you are in a workspace that thrives on energy, it gives you an extra burst of motivation that you may not get from working in your home office or local coffee shop. A close knit community is what makes coworking a great office space option for many members.

  • Diverse Industries

Unlike a traditional office, coworking spaces consist of members who are working for different companies and organizations among a variety of different industries. Working among people that do  different kinds of work can also make your own work identity stronger. One member said, “having relationships with the different companies lets us use each other as resources”. So when you’re placed in a setting where the norm is to help each other out—and there are many opportunities to do so—it opens up doors.

  • Variety of Communal Workspaces and Flexibility

Your work environment and  style is completely up to you. Coworking allows people to decide whether to put in a long day, sleep in and work late, work early and leave early, take one break, take ten breaks, the options are endless and it’s all based on what makes you feel the most productive. But it doesn’t just stop at having the freedom to make your own work schedule, coworking spaces also give people the option to work in a more quiet space when they need to focus, or jump into a collaborative space with shared tables where interaction is encouraged.

  • Events

At a traditional business office you are with one company who, more so than not, has the authority to tell you which industry related events or conferences you are or are not going to attend. However, in a coworking space that is definitely not the case. Events are one of the greatest benefits of working in a coworking space. Launch parties, hackathons, tech talks, workshops, venture capitalist guest speakers, happy hours, panel discussions, monthly classes and demo days are some of the most popular types of events that coworking spaces host but the options are endless and in regards to connections, there only going to grow.

  • Open Concept Office Space

Cubicle life, most people have been there, done that, and as someone who has experienced it first hand I’m sure I can speak for most when I say that it is the worst. Having an open concept office space creates an environment that is inviting, warm, and makes you want to come to work.

  • Massage Chair (or amenities)

So the massage chair is specific to the ETC space but we had to throw it in here because come on, if your space had access to a massage chair at all times of the day it would be on your list too. Although, to make this more general towards all spaces, it is known that one of the most appealing aspects of coworking are all of the awesome amenities that come with being a member. Coffee, espresso machines, conference spaces, coffee, telephone booths, free printing, did I say coffee?

  • Interaction

With the ability to get multiple opinions from people in different industries with different points of view can be extremely helpful when help is needed. However, even though you are surrounded by a group of people, socializing isn’t mandatory or forced by any means. Members have the freedom to pick and choose when and how to interact with others. For example, members are more likely to enjoy discussions over coffee in the kitchen area because they went to that part of the space for that purpose.When they want to be left alone elsewhere in the building such as at their desk, they are able to get that privacy.

  • Not traditional

Coworking is not your traditional workplace setting and that, in itself, is appealing. Although coworking spaces are becoming a rising trend in cities around the world it is still not considered the norm therefore it’s desirable.

A coworking space opens you up to people and experiences you would have missed in the first place. You’re only as boring as the space and people around you. The excitement that anything can happen, anyone can show up, at any time on any day makes a coworking space anything but boring; which as it would seem, gives justification to this popular trend.

 

So, are you a startup still working from home or your local coffee shop?

If so, it might be time to consider coworking as the next steps in moving your business forward. For more information about the ETC or to schedule a tour contact us or email us at info@etcbaltimore.com. 

techbuzz

TechBuzz Spring 2016

MAVA shines the spotlight on the hottest up-and-coming early stage technology companies in the Mid-Atlantic again in 2016. A diverse and experienced cross-section of Early Stage Investors, VCs, and experienced CEOs will provide valuable feedback in response to the TechBUZZ presentations. Whether on stage or in the audience, the insight of our investor panels is always informative and thought-provoking.

TechBUZZ is the area’s premier event where early-stage entrepreneurs and active investors come together to see the best and brightest, to connect with one another, and to celebrate the strength of the startup scene in our region. The program will be fast-paced & interactive and the networking top rate. Whether on the stage or in the audience, innovative Company Builders and active Investors won’t want to miss this action-packed afternoon.

Gary P

Beehive Spotlight: Gary Pick, Newsbox

I sat down with Gary Pick from Newsbox to chat about his company, his experience with coworking, and his connection to Baltimore. Pick started the company, Connectus, in 2001 and  began developing a PR platform called PRSafe in 2008. He created 2 versions of that with close to 7,000 users before rebuilding and rebranding as NewsBox.  The current platform has close to 14,000 users and he is planning to launch version 3.0, completely rebuilt from the ground up, in the next couple of weeks.

Newsbox is a news platform that started as a way for companies to send press releases. However, with the growth in technology and online platforms, Newsbox has matured into what Pick calls the next generation of news distribution. This news platform not only allows companies monitor media, press release hosting and distribution, but also to subscribe to news sources, collect data about those who are actually reading your news, build connections with journalists and influencers, and create a network of connections where you can send future news. One of their unique feature of Newsbox is that companies can take a “news box” and embed it on their websites to direct the traffic of Newsbox readers to the companies website.

Pick has been working at ETC’s Haven Street Campus and has nothing but praise for the coworking aspect. Moving from a space that was too big, too costly, and too secluded, Pick is now enjoying working among peers. The biggest perks of coworking, he says, are being surrounded by others who are able to give feedback and attending networking events that ETC and other companies host. He says that it’s a real advantage to have access to financial and legal advisors available, which is something helps startups stay out of the large percentage that fail in their first few years.

Pick’s connection to Baltimore is pretty strong. Born in Baltimore, residing in Bel Air and Perry Hall, and now living in Towson, Pick has always called Baltimore home. He also comments on how great the resources of the Maryland area are for startups.

Lastly, here’s some fun information you might not have known about Gary Pick. His spirit animal is an owl, and his spirit color is orange. Barcelona was his favorite place to travel with Japan coming in a close second.

 

Check out this Intro Video to learn more about what Newsbox is all about!

startupss

Startup Soiree featuring YET Analytics co-founders Margaret Roth & Shelly Blake-Plock

Startup Soiree is a monthly meetup focused on creating meaningful conversations among business founders and leaders within the local startup community.Yet Analytics  works on leveraging data interoperability technologies created for learning and training within the U.S. Department of Defense for the purpose of building a platform capable of making the data of experience more visible, accessible, and actionable.

 

Haven’t attended Startup Soiree yet? Contact organizer to request access!