Category Archives: Naples Office Space

Help Your Business Grow with Coworking Spaces

How Coworking Spaces Help You Grow Your Business

In the US alone, coworking spaces jumped from a grand total of one in 2005 to 781 in 2017, with no signs of slowing down, according to Originally geared towards startups and entrepreneurs as a solution to working from home or brainstorming at a coffee shop, coworking spaces are now changing the face of the traditional office. Even corporations are getting in the game, using coworking spaces as convenient, cost-effective satellite offices. Besides the built-in social networking, community spirit, and collaborative nature coworking spaces offer, the new normal in office environments can actually help you grow your business.

Coworking vibe motivates like-minded professionals

While you might think the energy level, the social element and just working around a lot of other people may be distracting for individuals, as well as businesses using coworking spaces as branch offices, the truth is, studies have shown that the open coworking space vibe increases members’ productivity and success.

A February 2017 article reported that research by DeskMag and Deskwanted revealed that:

  • 74% of coworkers are more productive
  • 86% have a larger business network
  • 93% have a bigger social network
  • Over two-thirds feel more creative and collaborate more on projects
  • A third reported an increase in income

Also, a Harvard Business Review study showed that people who were members of coworking spaces reported levels of thriving that approach an average of 6 on a 7-point scale. That’s at least one point above folks working in traditional spaces. “Unheard of,” said Harvard Business Review, as they double-checked their data just to be sure. Along with working in motivating, inspirational spaces, businesses, and individuals like the idea of saving money and avoiding the pitfalls of setting up and maintaining an office space.

Getting right down to business without overhead expenses

When you’re just starting to grow into your success, fledgling businesses often take a hit to their productivity and overheads by setting up an office. Skipping the stress that goes along with long-term leases, outfitting a space and setting up technology keeps your business on track. Coworking space members enjoy all of the appointments of an upscale office space, with laser fast Wi-Fi, plus all of the services and amenities you need to keep on, keeping on, towards more success at a fraction of what it costs to maintain a traditional office space. According to a article, “coworking spaces have been proven to reduce expenditures of small companies by as much as 75 percent.”

Coworking spaces equal flexibility

Another coworking space perk that helps companies grow revolves around the fact that whatever space needs your company encounters during different growth phases, coworking spaces deliver. You might need to rent a large space to brainstorm ideas with remote team members once a month, or you may want a private office for yourself and semi-private spaces for other team members.  Short term rentals are available whether you need to rent a conference room for a product launch or for training sessions on a new system. Coworking spaces redefine flexibility.

Most coworking spaces feature boutique hotel lobby-like community areas, with sofas and chairs that make an ideal place to meet with new clients or just to take a break from it all. Flexibility means that you aren’t stuck in a space that doesn’t fit the needs of your company as it grows. Speaking of stuck, the intrinsic, collaborative spirit of coworking spaces can help you hurdle business obstacles, as well.

Consulting, conversing and collaboration

The diverse community of coworking spaces lends itself to helping other members out. You may find answers to your specific hurdle by consulting with a business owner who’s been down the same road already. When creative ideas start bouncing around from one coworking member to another, the synergy can create new ideas, new business relationships, and new businesses. Not a bad perk.

Also, a number of freelancers working at coworking spaces can provide the support your business needs in the way of websites, marketing, photography, and other components of your business that may not be your specialty. Saving time choosing a web designer or an IT guy to set up your e-commerce site saves money and allows you to do what you do best, keep growing your business . . . even when you’re not feeling so productive.

Coworking energy is contagious

Working from home can present a plethora of distractions that can easily take a big chunk out of your work schedule and result in frustration with further distractions and down the rabbit hole your day goes. Coworkers often surprise themselves when they show up for work, not really feeling it that day and can’t help but get into their business goals because others around them are so jazzed about what they’re doing that it just rubs off on them. Then, maybe there’s a community event that day that addresses something you’re trying to figure out and . . . there it is, problem solved. Or maybe you attend a community event that day where you meet someone with an idea that grows into a new business opportunity. You gotta be in it, to win it.

Hone your skill sets

Because coworking lets you network at the business level in a professional environment, you are ideally positioned to learn how to expand your business skills and learn new skills you may not have deemed necessary before. Your whole day could turn into a series of learning opportunities that inspire you to break through the barriers that affect your progress moving forward.

Venture X Naples offers everything you need to save money while growing your business in today’s marketplace. Affordable, upscale digs with flexible monthly contracts, an open, welcoming community of like-minded professionals that motivates you and promotes productivity, with the same goal of continuing success. Visit Venture X Naples to schedule a tour of your new office space. Located in the heart of Naples, the Mercato neighborhood features top of the line shopping, dining, and entertainment venues. Take a client to lunch or take a walk on the beach in the morning – a mere five-minute bike ride away from our location. Just another perk.

Want to Remain Relevant? Want to be an Effective Leader? Do These Things!

Do These Things and Be an Effective Leader

Career development expert, Soulaima Gourani, says emotional intelligence (EQ) is the most powerful predictor of professional success, ranking higher as a successful business tool than mental intelligence and personality. In her book, Take Control Over Your Career, Gourani explains emotional intelligence as “understanding yourself and others. To be able to read and understand, control thoughts, emotions and actions.” Pretty sure she’s talking about controlling our own thoughts and not getting your Svengali on. A trending topic among business writers today touts the benefits of fostering Emotional intelligence (EQ) in the workplace.

Whether you work in a traditional office or as an entrepreneur, turning your vision into a successful business, researchers are finding that people with strong emotional intelligence skills do well in their personal lives, as well as in their professional lives. Practicing emotional intelligence enhances your team skills, allows you to seamlessly adjust to change, thinking rationally on your feet and working wonders in problem-solving areas.

Emotionally intelligent CEOs lead to engaged and loyal employees

Businesses with emotionally intelligent leaders can keep their employees engaged, which in turn leads to loyal employees producing better results, towards more profitable outcomes. Especially, in today’s ever-changing job market, performance and productivity go hand in hand with emotional intelligence, in a landscape that requires learning and adjusting to new technologies on the fly. Leaders who model emotional intelligence may wish to get their staffs on the EQ train, as well, ASAP.

Self-regulation or Keeping your head when all around you are losing theirs

How you control your own thoughts and opinions will help you focus on how to lay the groundwork for the best possible outcomes each business day. In the US, we tend to take our freedom of speech rights for granted and are prone to telling it like it is, often to our own detriment. In the heat of battle, when frustrations and tempers run high, leaders can keep it all cool and constructive, by setting a calm and problem-solving tone. Self-restraint involves diffusing uncomfortable situations instead of lashing out, throwing tantrums, finger pointing or other ineffective and alienating reactions that add stress in uncomfortable moments.

Take a step back

In order to act responsibly, controlling our responses and tolerating uncomfortable feelings, we need to take a minute or two to slow down and detach from the situation at hand.  Take a step back, absorb the big picture and find a response that will restore a productive and progressive workspace. This means taking stock of your physical responses, as well as controlling your emotional responses. Take a walk, take a few deep breaths, take a yoga class or just have a relaxing cup of coffee or tea. Take a break to consider the most effective way to respond, preferably one that offers a solution.

Self-awareness: Developing the ability to listen and alter your behavior based on feedback

It’s like not having a mirror to see what your face is up to in terms of hair gone wild or food in your teeth, etc. We can’t truly see ourselves from a totally objective perspective. “You have blind spots” Gourani explained, “and it is like ‘you’ve got broccoli in your teeth …’ You need people to tell you that, because you can’t see it.” We can learn to understand our strengths and weaknesses, internally, as well as discover how we affect others and how they perceive us, externally.

Interestingly, in a Harvard Business Review article, Tasha Eurich, an organizational psychologist said, “According to our research with thousands of people from all around the world, 95 percent of people believe that they’re self-aware, but only about 10 to 15 percent really are.” Cultivating self-development skills involves opening yourself up to feedback. “Feedback is not easy to a lot of people,” said Gourani, “and it is an essential component of change.”

When you develop a healthy and positive sense of who you are, says, “Constructive criticism may sting but it isn’t a huge blow to your sense of self.” Self-awareness helps you to make smarter decisions and use constructive criticism as learnable moments. Also, it’s a good idea to surround yourself with what Gourani termed, “your loving critics,” people whose opinions you trust, so when you get feedback or criticism from someone you don’t know or trust, you can run it by your loving critics. Own your perception of yourself and the way other people perceive you towards constructive outcomes.

Empathy: Learn how to listen

Seeing things from another’s perspective or putting yourself in their shoes can inform you about how to work with people whose opinions may conflict with yours. The capacity for compassion and understanding the human condition can empower you to connect better with others and inspire better working relationships that build morale. Often, leaders in the role of giving orders and towing the bottom line don’t take the time to listen to their employees. Opening up to your team’s ideas and opinions instills loyalty, cohesiveness and a sense of being heard and understood.

Resilience: Bouncing back from adversity

Self-awareness, self-regulation, and empathy all come into play in full force during a setback. Leaders didn’t get where they are by running from challenges and diversity. Developing a strong mentality will enable you to successfully navigate through stressful times that could range from hacking embarrassments to issues with vendors. In a Mental Floss article, Arizona State psychologist, Frank Infurma said that two key variables have been noted in those who demonstrate resilience in the face of adversity:

  • strong social relationships
  • a strong sense of purpose

Just one person who can guide you through a setback can keep your resilient nature intact. A sense of identity and purpose can be cultivated through parenting, your work, social advocacy or anything that gives you purpose. Just find something meaningful and keep at it.

At Venture X Naples, our welcoming, collaborative vibe attracts business owners across a wide spectrum of the community. From startups to established brands, like-minded professionals take advantage of flexible workspaces and a workplace where leaders are inspired to develop their EQ skills and so much more! Contact Venture X Naples today at (239) 300-9601 or schedule a tour to check out our coworking facility in the heart of Naples and just five minutes from the beach.

Upper Level Management: Simple Tricks that will Do Wonders for your Business

Upper Level Management: Simple Tricks that will Do Wonders for your Business

As an upper level manager of a growing business, one of the most important things you can do, in order to lead or grow your business properly, is to get feedback from everyone. You want to know how to best serve your workers, keeping them happy and productive and also how to keep your clients coming back to do business with you.

Successful leaders rely on feedback from their talented hires to keep them on track

When you’re the head of a growing company, you’re under a lot of pressure to bring that company to scale, without too many hiccups. What a great many company leaders realize is the resources, or intellectual capital, for expanding your business is the people you employ. Asking for feedback from everyone can be a slippery slope at times, but in order to meet your business goals, according to LinkedIn co-founder and Greylock founder, Reid Hoffman, in his Masters of Scale podcast, “you have to be as skilled at abandoning plans as you are at making them.” Your employees and coworkers can help keep the big picture in focus, even if sometimes you can’t see the relevance of some feedback at the moment. Instead of blowing off feedback when someone disagrees with part of your vision, try getting onboard with initiatives that allow employees to voice their opinions.

In one episode of Entrepreneur’s Masters of Scale series, Facebook COO, Sheryl Sandburg, commented that it’s her failure if her teams are unwilling or afraid to criticize her policies or performance. Learning how to graciously take feedback and effectively process it so that your people know they can trust you to appreciate, or at least consider their input.

Here are some tips for taking a look at how to turn feedback into your most valuable tool in bringing a company to scale.

Let your team know you want feedback

Openly ask for feedback and remind your team that you want feedback. Allot time for your staff to come to you. Make sure everyone understands when they can approach you with feedback about specific projects or policies in addition to general feedback.

A positive feedback loop will let workers know you respect their opinions

All feedback won’t be something you can implement and might not apply to the project or policy at hand and some feedback you’ll simply disagree with. If you do disagree, genuinely express your thanks for the feedback and then explain your position on the issue at hand. This prevents dissenting attitudes and frustration when you proceed with the project or policy in question without incorporating the feedback. This gives you  a training moment and your staff member may glean something positive out of the feedback loop by understanding how you arrived at your decision.

Let employees know you appreciate their views

Graciously receiving all feedback is an art. It’s not always convenient to stop what you’re doing and listen to feedback that you may not find relevant, or helpful, in the heat of battle.  Some executives set aside a block of time during the workday and share that window with their staff to avoid impromptu feedback interrupting the work flow.  Even feedback that arrives at inopportune times, take a breath, invite the employee to share feedback at a more appropriate time and thank them for going out of their way to share their thoughts with you.  Easier said than done….

As employees may feel vulnerable giving feedback to a boss, the more gracious you are, the more willing they will be to share feedback in the future. An accepting environment may also inspire employees in creative and productive ways.

Humility, what a teacher

Ok, so everybody makes mistakes, plans change and maybe you find yourself wishing you’d taken a colleague’s advice or feedback. Oops. The best thing you can do in this situation is own up to your oversight or mistake. Telling your employee that they were right, and you were wrong, speaks volumes. Humbling yourself proves that you can be trusted with sensitive information. Give credit where credit is due, acknowledge your team member’s idea was better than the one you proposed. Others will be encouraged to provide honest feedback in a trusting environment.

Employ talent who aren’t afraid to say “no” to you

CEOs and bosses who hire “yes” people are generally more interested in stroking their egos than in effectively bringing their companies to scale. Many successful people admit that they hire more talented and more skilled people than themselves when starting a company. Even with equal or less skill and talent than you have, other people on your team can usually afford to spend more time focusing on and analyzing projects to find better and more innovative solutions to than you can.

Trust fosters feedback

Trust is a powerful thing. In order for your business to grow to scale, owners and managers need to be able to take feedback and trust their team’s abilities to deliver, so they can delegate tasks. Hiring the right team that you trust to give you insightful input, and provide you with valuable feedback, creates a healthy environment for creativity and collaboration.

Perfection is overrated

Because businesses can’t grow in a vacuum, upper-level managers that reject the idea of opening up to feedback can only grow so much. Admitting you’re not perfect and that sometimes you fail opens the door to “failing, the path to success”. Failure is a great teacher and often, the more you fail, the faster you succeed. Trying new approaches and giving your team opportunities to resolve issues is a great learning experience for your team.

As a strong, effective leader, you know the value of trusting your employees to give feedback that resolves issues, solve problems and propels your business forward. The more open you are to accepting feedback, the faster you can bring your company to scale, seamlessly.

Venture X Naples, offers an upscale, professional environment for all phases of your business’s growth. With flexible workspaces, including shared desks, dedicated spaces, and private offices, where you can gather your team for brainstorming sessions or work sessions. Located in the hip and happening Mercato, the heart of Naples, Venture X Naples is close to many dining, shopping, and entertainment venues. Contact us for more information at (239) 300-9601 or schedule a tour online. At Venture X Naples you can grow your company to scale in an inspiring, collaborative environment that’s only a few minutes from the beach. We welcome all feedback at Venture X Naples.

Traditional or Coworking: 5 Reasons Coworking Might be a Better Option for Your Startup

Reasons Coworking Might be a Better Option for Your Startup

Starting your own business can be a great way to make your entrepreneurial idea a reality. Lots of startups do not require working from an office so many budding entrepreneurs work from home. While this setup offers many perks, such as savings on business attire, coffee and lunch expenses, it can present awkward scenarios when the time comes to grow your team or meet with potential clients – with your roommate or family living their lives around your meetings. Plus, you can’t even get a Google business listing with your home address.

When it is time to take your startup to the next level, you will need a dedicated workspace. Your options: a traditional office space or a coworking space. For most startups, coworking spaces make sense for some really good reasons.

  1. Affordability
    While working from a coffee shop can be a lot cheaper with free Wi-Fi and the baristas who know your regular order, coworking spaces offer many options and plans to fit any budget. There’s also free coffee, super-fast Wi-Fi and many more amenities that come built-in to your membership.  Most importantly, you’ll have a fancy mailing address for your new business without spending the time and money you would need to rent an office space in a reputable neighborhood and outfit it with furniture, décor and all of the office equipment you need to run your business. Think about how much you’ll save on coffee and bottled water. No worries about cleaning and maintaining a rented office either as those services are included in coworking spaces.

    Additionally, Venture X Naples does not tie you into long-term leases; we rent monthly. This flexibility gives you the freedom to come and go as your business needs take shape.
  2. Scalable spaces
    As your startup evolves and your needs change, you might want a space for five employees to work on a project one month and a space large enough for 12 members of your team the next month. Our office spaces can easily scale up or down to meet your space needs from month to month. For tech startups that don’t necessarily need to work in the same location every day, we offer many different size spaces with varying degrees of privacy for intermittent meetings. Our community plan includes access to our community areas one day per month with additional day passes available for $25 per day.

    When it is time to present to your team or to pitch your business to investors, Venture X Naples’ conference rooms are fully equipped with state-of-the-art audio/visual technology. Available at $40 per hour, our conference rooms are equipped with everything you need for successful business meetings.
  3. Services that can help you put it all together
    Coworking spaces cater to the needs of startups by offering a wide range of services to get you up and running. As your brainchild idea starts to take shape, there will be many day-to-day aspects of your business that you might not have considered. Your Venture X Naples membership gives you live and online access to our member directory. In our diverse community, you’re sure to find members who can help you with marketing, accounting, benefits, as well as setting up an online presence. In the bigger picture, Venture X Naples presents monthly events geared towards educational, social, cultural and entrepreneurial themes.
  4. Intrinsic Networking and Collaboration
    The very nature of coworking spaces lends itself to networking and collaboration. While many coworking spaces are dominated by young professionals and tech startups, Venture X Naples enjoys a truly diverse cross-section of the Naples community. From attorneys in private practice to fitness and healthcare professionals, investment startups, architects, freelance writers, photographers and web developers, our community is well-represented by many professions and industries.

    At Venture X Naples, a collaborative spirit helps like-minded professionals stay motivated and inspired to make great things happen. Synchronicity has a way of feeding the creative process to produce optimal results. New connections may lead to new business opportunities. For startups, the energetic, networking environment of coworking spaces can spark new ideas and help build your brand presence in the community.
  5. Face your challenges in a supportive environment
    Starting a business, especially your first one is not going to be the best day ever, every day. You will encounter hurdles you never even considered you’d have to deal with, times when you just want to scrap it all and obstacles that you just can’t figure out how to get around. But when you are surrounded by other business professionals grappling with the same or similar issues, you can share resources, point each other towards solutions and learn from other business owners that have tackled the same challenges when starting up their businesses. Venture X Naples encourages members to share their experiences to help each other succeed.

Coworking spaces, such as Venture X Naples are changing up ideas about office environments. For startups, coworking spaces bridge the space between working at home and moving into your own office, as your startup begins to grow into an established brand.

Contact Venture X Naples to learn how your startup can benefit from working in an environment that is geared towards your business’s success. In addition to the awesome immediate surroundings, the hospitality and the inspired network of business professionals, we are conveniently located in the heart of Naples. The Mercato neighborhood features many exciting dining, shopping and entertainment venues, just a short walk from the Venture X Naples facility. And if that’s just too much to process all at once, we’re just a five-minute bike ride from Naples’ white sandy beaches!

Contact us today to set up a tour of coworking space!

Taking Your Business to the Next Level: How to Pick the Right Coworking Space

When you are starting up a business as a single entrepreneur, you can work from home easily enough and for a while that works but after a time, you could stand a little change of scenery and perhaps, a little camaraderie in your work environment.  The growing trend in nontraditional spaces and coworking facilities offers professional upscale work areas where inspiration, consultation and collaboration intrinsically collide in a community of business professionals and entrepreneurs. With a variety of private office and shared desk spaces for rent, options abound for a wide spectrum of innovative office configurations.

Coworking spaces have evolved from café and coffee shop meetups

While coworking spaces have been around for more than 10 years, more startups are using them today, along with freelance writers, designers and independent companies. Coworking spaces are popular with tech startups as tech companies don’t need everyone to report to a physical office every day, but do need to meet up from time to time.  For for tech startups and other kinds of businesses, many coworking spaces, like ours, are equipped with meeting and board rooms with multi-media presentation capabilities.

Upscale, open spaces provide environments that inspire and motivate

Most coworking spaces are designed with open-plan layouts where like-minded business professionals can inspire and motivate each other. Geared towards community, in coworking spaces problems find solutions, hurdles are overcome and members benefit from the shared knowledge that fosters a mindset towards achieving project goals. Coworking spaces embody a sense of a larger, connected entrepreneurial network where collaboration launches new businesses.

Taking breaks is essential to the coworking scene

Forget about the break room, most coworking spaces offer many amenities including free coffee and full-service cafes, plus patios or decks, so members can get some fresh air and catch a few rays, during a hectic day. Some spaces feature fully equipped kitchen areas for member use and catered food staging for networking events.

Networking is natural at coworking spaces

In the networking spirit of coworking spaces, many of these versatile spaces sponsor business seminars and social events for members. You can host your own event to test and promote products and ideas for future projects or attend a business seminar hosted by other members. Mingling with passionate individuals in a social setting can lead to contacting those people for support services as your business grows. You may also find new clients for your business and find new businesses that interest you as a consumer, or perhaps as a partner.

Lower overheads and no long-term contracts

One of the most popular and practical attractions to coworking spaces has to be the savings for startups in office space rentals and maintenance overheads. Many startups can’t afford office rentals in upscale neighborhoods. Location plays a huge part in perception and doing business from a sketchy neighborhood can send up red flags to your customer base. Coworking spaces offer members a professional mailing address with some membership plans. Setting up shop with your team in a coworking space provides a safe business environment where you can meet with clients in a chic and stylish place, in a safe, respected neighborhood. And it gets better. Most coworking spaces offer month-to-month membership plans, so as your business expands, you can adjust your membership needs to a larger, shared space, rent a private office space within a coworking space or move out altogether into your own office space.

Choosing a coworking space depends on what you want

With many more coworking spaces popping up all over, you can choose which space works best for you. Things to think about when choosing that perfect coworking space depend on several factors:

Consider your goals

Starting with the goals of your business, think about what sort of space will be most conducive to productivity. If you need a space to meet with your team and kick around some new ideas, you might choose a coworking space with meeting rooms. At Venture X Naples, your team can get inspired in our contemporary industrial loft meets boutique hotel facility. Featuring well-appointed virtual and private office spaces with ultra-fast Internet, our meeting rooms are well-equipped for multi-media presentations and collaborations. Planning to expand your team? Our meeting rooms are perfect for gathering your new team, getting focused and headed for success.

What’s important to your business?

Choosing a coworking space in Naples that attracts other startups and professionals that compliment your company’s networking initiatives can help keep individuals and teams on track. Tech startups stand to benefit from other tech startups, legal professionals, marketing companies and others, while fitness startups may gain momentum from freelance photographers and writers, as well as networking with tech-savvy pros that can help with online implementation and e-commerce integration services for up and coming fitness enterprises. At Venture X Naples, our diverse clientele of professionals and variety of shared desk and office spaces provide an inviting atmosphere to communicate with others and flex your business muscles.

Location matters

In choosing the right coworking space, location plays an important role. An ideal coworking space should be conveniently located for all the members of your team. Venture X Naples, situated in the heart of the city, offers ample parking, with plenty of amenities, many community spaces for events, a café and a fully-equipped kitchen. We’re also just five minutes from the beach and close to an assortment of exciting dining and entertainment venues. When your team needs a break, you want to celebrate a milestone or you want to entertain clients or investors, Mercato offers some of Southwest Florida’s most happening spots.

Choosing a coworking space that works for your startup involves deciding where, when and how to best use your resources and talents. Venture X Naples offers a stylish, upscale, modern environment for startups to develop and expand into their own. Venture X stands devoted to supporting a healthy work ethic in a motivated environment that inspires collaboration. Contact Venture X Naples for a plan that fits you and start planning for your startup’s success by taking a tour of our facilities. Call us today!