I would love to hear from folks on this list as to why they feel new coworking
spaces in their vicinity is a good thing, as opposed to a possible threat.
Imagine I was an investor in your space. Would you tell me as an investor there
are financial benefits to having a competing space open nearby
The top competition for coworking spaces isn't other coworking spaces.
The top competition for coworking spaces are:
1) Lack of awareness
2) Complacency
In every city on the planet, there are more people who don't know about
coworking than there are people who are familiar with it *and* seeking
Craft Brewing is one of the industries we've studied and it does share a
lot of attributes with coworking. So does the food truck industry and most
other early stage industries we've looked at over the past decade.
The common features across these nascent industries is they tend to be much
mor
"More coworking spaces in an area means a greater chance of discovery of the
concept, which means a larger potential market. Good for everybody."
This, 100%. In the 16 months since we opened our space, I've had a constant
struggle keeping my "lizard brain" in check whenever I hear about new cowo
What I like to explain to others is this: "There are many restaurants next to
each other, because everyone needs to eat. So there can be coworking spaces
near each other because everyone needs to work."
In other words, if your assumption is that your coworking space can cater to
every demograph
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