Coworking is a business office concept that combines the independence of working on your own with the more structured setting of a traditional office environment. Born in San Francisco in 2005, coworking is the brainchild of software engineer Brad Neuberg who was going through a rough financial patch and was trying to figure out what he wanted to do. Neuberg’s idea came about because he was looking to balance the feeling of freedom and independence when working by himself with the feeling of community and structure only attainable when working with others. His plan developed and the idea took off.
Coworking has gained popularity due to the inherent benefits of working in a group setting. It meets the needs of entrepreneurs, freelancers, tech startups, and other remote workers across countless industries who are looking to balance their workspaces with their home lives. A real benefit of Venture X coworking spaces is elimination of the distractions of working at home (i.e., dog barking, kids crying, TV playing in the background, etc.). In addition to working around like-minded professionals, Venture X coworking spaces offer a synergy sparked by community involvement and collaboration. The ability to network with others is a major draw for those who work out of a Venture X because they are able to bounce ideas off other professionals and have also found opportunities for growing their business through collaboration with fellow coworking professionals. According to a 2015 Harvard Business Review article, a majority of coworkers surveyed say coworking helps increase motivation and productivity, as well as increasing their social networking statuses. Venture X locations offer multiple membership plans to meet the needs of businesses at any stage of their development.