Shared office spaces are modeled on the concept of two or more businesses or individuals working in the same physical location at the same time. Synonymous with coworking spaces, shared office spaces started to gain popularity when a number of entrepreneurs, tech startups, small independent businesses and freelance professionals desired places to work that were separate from their home spaces. In the early 2000s, with commercial real estate lease prices rising rapidly in reputable neighborhoods, small businesses, startups, and freelance professionals welcomed the idea of working around other like-minded professionals.
Traditional office spaces lacked the community element that formed an integral part of what software engineer, Brad Neuberg coined as “coworking” for his San Francisco Coworking Company, in 2005. Neuberg’s idea of combining the freedom of working independently, as an entrepreneur, small business owner, or freelancer with the community feel of traditional office settings.
In addition to saving a considerable amount of money not needing to set up an office, with all of the technology, business machinery, and amenities required to do business, day-to-day, Venture X shared office space members can focus on their core business initiatives, developing new products or services, instead of wasting time running and maintaining an office. Visit Venture X locations in your area to schedule a tour of your new, favorite place to work.
