Multiply Your Exposure to Other Business Opportunities

Multiply Your Exposure to Other Business Opportunities

As a member of a coworkspace community, you’re optimizing the ability to grow your business. Being surrounded by a network of professionals creates a distinct synergy for the constant exchange of ideas, creativity, and information. These free-flow exchanges result in better productivity for the community’s members and provide opportunities to connect with relevant professionals from potential clients to suppliers to business partners.

Dollars and Sense

Coworking spaces often make more financial sense than renting an office. Renting includes installing infrastructure and taking care of utility bills that drain cash-flow and time. The Venture X team takes care of the logisitics, from design to furnishings, and that makes entering the world of coworking a true turnkey operation. Also, office rentals usually require a long-term contract, but Venture X offers members flexible month-to-month agreement plans that cater to nearly all professions. Working in an office that is modern, functional, and situated within a hotbed for free thinkers is an ideal climate to cultivate your business.

The Venture X way of working provides a dynamic approach that targets the needs of today’s on-the-go worker. As a member of the Venture X community, you’re surrounded by professionals from multiple industries, and the exchange of ideas and advice is critical to generating new business leads and helping personal growth. The kinship and mutual help from one member to another are extremely valuable.

Look the Part…Feel the Part

Working remotely from home has its benefits, but there are downsides that include distractions and losing focus. That workplace energy will be lacking too. Sitting in front of the computer wearing a t-shirt, flip-flops, and shorts may sound tempting, but it’s certainly not optimal for work-mode. Those who use a coworking space are more aware of their appearance and reminded daily that the work they do is important, valued, and to be taken seriously.

Your time and skills are meaningful, and by interacting with other like-minded individuals you become part of a solid, reliant network that leads to new contacts that helps expand your business. Cowork space conference/meeting rooms are great options for impressing clients. Greeting a potential client in a beautifully-appointed conference room — instead of in your home or at the local Starbucks — could make a difference between a deal or no deal. Co-work spaces show you’re serious and dedicated to your trade.

In summary, coworking is a great solution for many that is helping shape the future of the labor market. Find out today if it’s the right solution for you!

The Psychological Advantages of Coworking Offices

The Psychological Advantages of Coworking Offices

Coworking in a shared office had its origins among freelancers, entrepreneurs, and the tech industry, but the network has rapidly grown to include small businesses and even satellite offices for large corporations. Venture X®, a global shared workspace franchise leader and member of the award-winning United Franchise Group, offers members a wide range of boutique-style hotel amenities, flexible office options, and a variety of on-site services tailor-made for a new generation of workers.

Proven Advantages

Working in a modern, updated shared space environment with striking architecture and high-end furniture provides a setting that is conducive to increased productivity and efficiency. The cubicle is the symbol of a traditional workspace in corporate America. When thinking outside of that tiny “box,” a new world of opportunity becomes available — the shared office space. Workers have a feeling of liberation: they become more independent, and they are more creative.

Overall, shared workspaces help members feel good about themselves and their ability to perform tasks at a high level. That positivity reinforces performance, generates more interaction, and leads to improved communications. In addition, workers in a shared office have fewer distractions. The Venture X concept has proven to be an asset for self-employed independent contractors as well as company employees.

The beauty of co-working is that your membership brings you into a community of like-minded individuals who share the common goal of accomplishment and business growth. Plus, there’s peace of mind knowing that resources and support are easily available.

The Coworking Community

Unlike traditional offices, coworking (or shared) office spaces are specifically designed for members who work for a wide range of different companies, ventures, and projects. There aren’t any internal politics, so that goes a long way in eliminating the need and the stress of feeling like you must fit in. Rather than compete, members encourage the best work out of others. The shared coworking concept brings together people from all backgrounds and all skill-sets.

It can be a vibrant work environment and foster a close-knit synergy that makes it fun to come to work each day. Working from home may seem like a dream, but it has its drawbacks, such as a sense of isolation that can affect your mood, a lack of accountability, and distractions. Interacting with coworkers in a shared office space covers a social need, while promoting a sense of togetherness and accomplishment.

The Relevance of Shared Offices

Coworking has evolved from a niche market to a bona fide and global alternative to traditional offices, and Venture X targets cities that are prime locations for business growth. The brand’s concept is relevant to not only startups and freelancers, but to companies of all sizes from different sectors. Coworking has proven to be a perfect solution for corporations seeking to integrate innovation into its traditional practices, or for executives in need of a second office to host clients.

This is a concept that promotes a higher level of accomplishment, and one that continues to appeal to all sectors of business. Shared workspace began as an idea to offer less established professionals an opportunity to be based in a fixed location and to be part of a greater community. Today, that environment has grown into one that embraces more collaboration and flexibility. Its rising popularity is a strong signal that the concept is here to stay.

Planning a Corporate Event? Consider these 10 Things

Planning a Corporate Event? Consider these 10 Things

Planning corporate events can be challenging with a plethora of details and specifics to consider. For example, when deciding on an appropriate event space, you’ll want a space that fits your group’s needs and is located conveniently for your attendees. Things to consider include room sizes and the number of rooms you’ll need. If you’re planning to host an event with a speaker or presenter, outstanding acoustics, lighting, seamless audio-visual services, and, of course, fast and reliable Wi-Fi will be in order.

If you need rooms or spaces for breakout sessions, team building games, and other activities, you’ll want a space that can accommodate your itinerary. Need catering? That’s another series of decisions including snacks for breaks, dinner, hors d’oeuvres and beverage concerns. Then, there’s the networking aspect, where attendees mingle, bond, and ideally, collaborate. It’s a lot, but it doesn’t have to be. Consider coworking spaces for your next corporate event. This can be the simplified solution you’re looking for to make your event a smashing success. Consider these 10 reasons why coworking spaces are ideal venues for corporate events

  1. Attending corporate events in coworking spaces is fun and informative

Gatherings at coworking spaces are cool, fun, and cutting edge. Mingling with other business owners in open, coworking space environments can be eye-opening as like-minded professionals share strategies and concepts about their businesses that inspire and motivate attendees. The creative energy in coworking spaces generates ideas. On the forefront of innovation, coworking spaces are redefining the corporate event genre.   

  1. Coworking spaces are geared towards hosting corporate events

Most coworking spaces are geared towards building community spirit. Corporate events hosted by individuals and small businesses are included in membership plans. Coworking spaces offer educational, entrepreneurial, and brand building events for the purpose of helping grow your business and getting to know your community. The collaborative energy guests feel at events held in coworking spaces motivates them to move forward in growing their businesses.

  1. Space considerations built into the design

Coworking spaces offer access to a variety of different-sized spaces based on their membership plans. From affordable shared desks and dedicated semi-private desks to private offices, coworking spaces also feature large reception areas. Everything you need for your event activities, space-wise, is part of coworking space designs. Community areas large enough to host corporate events are built into the big picture along with various desk areas for breakout sessions and conference rooms for audio/visual presentations. Acoustics and technology both play a part in why coworking spaces are great for corporate events – these spaces already have all of this figured out.

  1. Technology is top notch

To keep your event running smoothly, most coworking spaces feature state-of-the-art technology and super-fast Wi-Fi. Most coworking spaces feature high-tech meeting rooms with all of the presentation equipment you need to launch a product or provide educational and entertaining multi-media presentations for your corporate event. Printers and scanners are also available in coworking spaces should you need them. 

  1. Business class office equipment saves time and money

Coworking spaces offer everything you need to do business, including business class printers, scanners, and other office equipment. Printing materials for your event on-site saves time and member discounts can save on printing. Mailing services are also available so any needed materials can be shipped to your coworking space event location.

  1. Knowledgeable, resourceful staff makes all the difference

Coworking space managers and other staff are at your service, suggesting ways to set up your event for optimal success. With experienced, helpful staff on-hand before, during, and after your event, hiccups and glitches can be avoided. Coworking staffs also know the lay of the land and how to present your event in its best light.

  1. Catering is a coworking thing

Coworking spaces are known for catering events for members; they maintain a list of caterers they can recommend for your corporate events. Most coworking spaces include cafes for member use. Once you’ve connected with the right caterer, special dietary concerns can be included in your menu planning so small businesses and individuals can turn their attention to promoting their businesses and not worrying about the menu and the food presentation.

  1. Ample parking or public transportation options encourage attendance

Coworking spaces often have on-site parking available for their members and ample parking for guests. More people will likely attend your event if they know they won’t have to search for a parking space. Other coworking spaces may be centrally located with easy access to public transportation options – again, making it easy for your guests.

  1. Cleaning included

Not unlike staying at a boutique hotel, coworking spaces provide cleaning services for their members. Cleaning services for an event may be included as well which means you can spend more time with potential clients and networking with other members, instead of dealing with cleaning services and supervising an outside cleaning crew. 

  1. Networking opportunities abound

Yes, one of the best reasons to attend and/or throw your corporate event in coworking spaces is the thing that drives this paradigm shift in office environments. Networking! The most attractive coworking space attribute, networking, plays a huge role in the popularity of coworking spaces. Motivated by working around other professionals every day seems to be one of the main drivers of the way coworking spaces are redefining office environments. Hosting or attending events in coworking spaces allows guests to increase their brand’s footprint while capitalizing on other opportunities to grow their businesses and form strong community relationships.

At Venture X, we’re geared towards helping your business expand to its next level. Attending events at coworking spaces features into our membership plans, with regular educational, social, and networking events in addition to members hosting corporate events to drive more business to their growing companies. Unlike other coworking spaces, at Venture X, we indulge our members in the luxury of well-appointed, contemporary office surroundings with concierge-style hospitality services.

In a professional and welcoming environment, that looks and feels like a boutique hotel lobby, design-forward Venture X can take your corporate events to a whole new level. Contact Venture X today to discuss hosting your next corporate event at one of our locations.

 

 

Does Your Team Need Help with Internal Communication? Here are 5 Tips We Stand Behind

Does Your Team Need Help with Internal Communication? Here are 5 Tips We Stand Behind
Does Your Team Need Help with Internal Communication? Here are 5 Tips We Stand Behind

Although it sounds like a no-brainer, internal communication within teams and across the broad spectrum of your brand can be muddy, speculative, and less than cohesive. Unless your company is proactive in letting everyone in your team or your company in on all developments that happen in your growing company, miscommunications are likely to cost your company in the long run. Sometimes business owners and managers think they’re on the same page as the rest of their personnel, but often this is not the case. Effective internal communication breeds a sense of community. Safe within that space, team members feel the confidence that empowers them to make a difference, even stepping up their games beyond the expectations of their roles.

In order to tap into the wealth of insights, knowledge, and talents of your employees, managers need to equip their personnel with the tools to build an open, collaborative and progressive thinking culture within their businesses. To develop these kinds of workspaces, here are five tips we stand behind

Tip 1: Let the conversations begin

Something as simple as instant messaging can be a great conversation starter and also makes a great way to:

  • Manage multiple conversations at the same time
  • Collaborate with remote members of your team
  • Break down language barriers
  • Reference ideas and archive conversations for future projects
  • Save on long distance phone call expenses

Use chat rooms and listservs

Creating more ways for your employees to exchange ideas, receive and contribute information in addition to asking questions, chat rooms and listservs work to enhance communication at company, department, and team levels. Strengthening connections between peers and colleagues encourages workers to seek advice from their fellow teammates. This exchange of knowledge and information strengthens bonds between colleagues and helps to bridge communication gaps.

Tip 2: Vertical and horizontal communication upgrade

The right tools matter in peer-to-peer and employee-to-manager communication improvements. Internet relay chat services, such as Slack and HipChat, work to improve peer-to-peer communications via their easy-to-use platforms. For peer-to-peer connections, as well as employee-to-management communications, these platforms give each employee or manager a voice on matters important to them.

On a larger scale, collaboration software, such as Vocoli, can track employee suggestions, allow team members to get input from higher-ups, connect team members with executives and projects in progress and create accountability for managers and owners in regards to their employees’ ideas and suggestions. Ideas emerging within teams that could profit the company usually go unnoticed without middle management input. With more vertical communication lines open to receive ideas and suggestions, a more innovative and productive culture develops within organizations.

Tip 3: Budgeting for better communication pays off

For better communication within a company to work, corporate communication managers need resources. Building strong relationships within an organization involves investigating and evaluating the dynamics of your current communication systems. Drawing on feedback from employees and listening to constructive criticism will give communication managers ideas about how to open up an organization-wide conversation about better communications in your company. Employees appreciate their day-to-day more when they feel like they are in the loop of what’s going on in their workplaces. The need to be engaged drives a prevailing trend in internal communications currently.  Some communication managers may want to think about budgeting for:

  • Outings that allow staff to let their guards down and bond with others
  • Internal themed functions that bring different departments together for contests
  • Social networking events
  • Community activities and outreach activities

Factors businesses should consider when realistically drawing up an internal communication budget deal with how to improve in certain areas where better communication can lead to:

  • Improving customer loyalty and retention
  • Lowering employee turnover and raising retention rates
  • Reducing miscommunications that lead to lost revenue because someone dropped the ball at a crucial time

Remember the wooden suggestion box? While you might still be using one of these as a way of improving communications, it might not be as efficient as it could be. With many suggestion box apps available, implementing one that encourages your employees to vent frustrations and share insights not only demonstrates that your employees have something to say, but it also reinforces the idea that their talents and inputs are important to the company.

Tip 4: How do you measure the effectiveness of internal communications and their impacts?

How do you know if your internal communication upgrades are working? Besides an overall better vibe in your workplace, some helpful indicators when asked for proof that your campaign to revamp internal communications is successful include:

  • Analyzing sales, productivity, and profit data over a certain period of time
  • Acquiring employee retention stats over a certain amount of time
  • Asking employees their opinions
  • Conducting satisfaction surveys

Tip 5: From the top down: Leadership crucial to creating real change

Change starts at the top. Employees look to follow leadership’s example. To create a lasting change, the people at the top must engage in and promote knowledge sharing, transparency, and worker engagement. Directors, executives, and managers need to be on the same page and proactively pursuing improved internal communications in order to see real change in internal communication. A truly collaborative effort, department directors, senior executives, and other managers need to support these initiatives, as well.

Businesses that support company-wide conversations have been found to consist of more productive, creative, and innovative employees, who are essentially more satisfied at their jobs. Improved worker performance, active and ongoing engagement, and high worker retention rates point to the fact that excellent internal communications can improve your bottom line and save your business time and money.

Come join us at one of our Venture X coworking spaces, where productivity, engagement, and collaboration reign supreme. You’ll love going to work in our contemporary, highly-designed office spaces with all of the amenities and services you need to conduct and grow your business. Contact a Venture X coworking space in your area, where the elements for excellent communications reside.

Member Spotlight – Aditya Varanasi

Member Spotlight – Aditya Varanasi

Venture X’s flexible workspace options give businesses of all sizes an opportunity to find what works for them. Today, businesses across many industries are finding that coworking is a great way for them to network with other businesses in a space that will allow them to grow at their own pace without being tied down by long-term contracts. Startups, entrepreneurs, small and medium-sized businesses as well as many freelancers have fallen in love with coworking at Venture X. Aditya Varanasi, Founder and CEO of Sophos Marketing, was one of the first members to find membership at Venture X Plano – Legacy West in Plano, TX to be the perfect fit. Our team took some time to get to know Aditya and his role at Sophos Marketing.

What does Sophos Marketing do?

Sophos Marketing is disrupting digital advertising by making it affordable for businesses of all sizes to advertise on relevant websites with display ads.

We asked Aditya some Q & As to get to know him a little better and learn about the journey he’s been on, career-wise. Here’s what he had to say:

  • What made you want to get involved in this line of work?

I started my career at PepsiCo and worked on big brands like Lays, Cheetos, Tostitos, and Cracker Jack. I left for a small business and this was the first time I had to market without the resources of a Fortune 50 company. So, I founded Sophos Marketing with a mission to make World Class Marketing accessible to everyone.

  • What has been the most rewarding aspect of your job?

Hearing stories from small business owners about how their business growth accelerated, in part, from our services. There’s nothing more rewarding than seeing our clients succeed in their ventures.

  • What’s the biggest challenge that you have faced in business and how did you overcome it?

Getting the business started was challenging. Honing in on the minimally viable product, getting those first few customers, and making sure they were happy were all unique challenges. It took almost two years before we started scaling up and they were two very difficult years.

  • What business tips would you like to share with others?

Be confident in what you’re doing, but listen for what your prospects and customers are really feeling (and maybe not saying directly). In today’s age, every business has to constantly evolve to changing needs, and listening is the only way to achieve this.

  • What has been your favorite part about working at Venture X?

We have been working at Venture X for nine months, and it’s been the ideal place for us for multiple reasons. First, the location is perfect for us personally and professionally. Second, the upscale design and premium feel is a place we have been proud to bring sales prospects and clients to, and they all have been impressed. Third, the floor to ceiling windows allow us to see natural light from nearly anywhere, which helps keep us energized. And finally, the networking has been phenomenal. The owners of Venture X Plano – Legacy West have become a true partner for us and have helped us with our business in many ways. From adapting to our needs to inviting us into their network, the impact on our business has been incredible.

A Personal Look at Aditya Varanasi

Aditya openly shared that this journey has brought him closer to his faith, friends, and family. He elaborated, “Seeing the outpouring of love and support from so many people who wanted to help us succeed was a great inspiration, and when my wife became involved in the business, it was inspiring to see her passion for what we’re doing.”

In his spare time, Aditya enjoys spending time with his wife and kids, fixing things around the house, watching Purdue University sports, and when time permits, playing some sports himself. He’s a big Purdue sports fan because as a student at the university, he played the violin in the orchestra – although, he admits he wasn’t very good. You can’t be great at everything, or can you?

If your business is looking for the perfect workspace and hasn’t found the perfect fit, consider your local Venture X. With perks and amenities designed to help you succeed, Venture X is the place to be. A flexible and worry-free workspace that encourages networking and community awaits you and your business. Book a tour and you’ll see why everyone loves working at Venture X!