Inform Yourself. The Latest News in the Coworking World.

Coworking as the alternative to the old way of doing business is here to stay. Keep up to date with coworking trends in Austin and around the world.

 

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press mentions on Link

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  • Inc.

    Inc. magazine publishes a list of the 500 fastest-growing private companies in the U.S. Look for Link soon.

  • Investors.com

    Link loves what Link does. Apparently some other folks do too. Thanks Investors.com for the support!

  • New York Times

    The New York times started in 1851. Link, a little later, but hey, thanks NYT for the write-up!

  • CNBC

    Liz Elam. Founder of Link Coworking, contributing author for CNBC. How cool is that?

Coworking News @ Link and Beyond

Q: I have a business that I’d like to get off the ground. Where do I start if I have no experience?
-Arial Lopez, New York

A: First and foremost, congratulations on taking the leap! It’s scary, rewarding and fun to strike out on your own.

In terms of advice about how to get your business off the ground with little experience, I suggest these tips:

1. Write a business plan.
Some say you don’t need a business plan. I disagree. Instead, I highly recommend writing one. You don’t know the unknowns until you try to answer all the questions that will come up when you are filling one out. You don’t need to go out and buy expensive business plan software. There are plenty available to download for free. Just do a simple Google search to see what is available and choose a template that will suit your needs.

When I hit some roadblocks writing my business plan, I turned to SCORE, a national organization of retired executives. Because of their experience, they were able to answer questions and help with projections. Three years later, I still utilize SCORE and reach out to them when I have issues.

If the business plan intimidates you, at a bare minimum you should do a profit and loss statement. Once completed you will have a better understanding of the future of your business and if it makes sense. It’s pretty simple: If the numbers don’t work, don’t do it.

When Liz Elam goes and looks at office spaces, one of the first things she comments on is how she can tell when a space was built – older buildings are built with all the windows taken up by offices and the “worker bees” have cubicles in the corners. And Elam points out that the notion of where you work in an office, “a corner office with a view,” has always been a sign of an employee’s status in their respected field.

But Elam believes this notion is changing, and changing drastically, with the growing trend of individuals and companies renting office space to work in, or “co-working.”

“Success isn’t measured anymore by the space you work in,” said Elam, the curator of Link CoWorking, an Austin, Texas-based co-working company. “People have been empowered to fundamentally change the way they work and part of that is choosing where they work.”

With more and more individuals branching off to start their own businesses or start-ups looking for a reasonably priced place to conduct business, “co-working” has evolved in the United States. And two women, Elam of Link CoWorking and New York-based Debra Larsen of WorkHouse NYC, are providing individuals and companies the affordable and safe space that they need to succeed in – and the “corner office with a view” at no extra cost.

Whitney Tingle, a New York entrepreneur, once had the common fantasy of ditching the 9-to-5 world, starting her own business and working in the serenity of her home. It did not quite work out as planned. A year after cofounding Sakara Life, an organic-meal delivery company, she discovered that “there was no beginning or end to work,” said Ms. Tingle, 27. “I would get distracted by dust bunnies under the desk and end up vacuuming in the middle of the day, or look at myself in the mirror at 7 p.m. and realize I was still in pajamas.” And though health food was her business, she could not stay away from her boyfriend’s pretzel supply. “They would stare at me from the perch above the fridge,” Ms. Tingle said plaintively. Concerned about her sanity and waistline, she and her business partner, Danielle DuBoise, in August applied to NeueHouse, a new “co-working” space near Madison Square that has fashioned itself as a private club. The work space has a lavish industrial-chic interior, courtesy of the designer David Rockwell; charter members that include Chris Blackwell, the Island Records founder, and Jefferson Hack, of the British magazine Dazed & Confused; and yearly fees that can reach five figures.

The 3rd Annual Global Coworking Unconference Conference (GCUC) was held March 5th and 6th in Austin, Texas. Reflecting the strong growth of the coworking industry, there were well over 300 attendees this year - more than triple the number attending two years ago. My major takeaways were...

1. The Mix of Attendees: GCUC attracted a wide range of folks this year. In addition to owners of traditional coworking facilities there were attendees from large corporations, state and local governments, real estate developes (see 2 below) and a surprising number of vendors looking to sell goods and services to coworking spaces.

The office business center industry was also well represented this year. A number of OBC owners/managers were in attendance as well as Richard Myers, the Executive Director of the Global Workspace Association (GWA).

The GWA is a trade association focused on the workspace-as-a-service industry. GWA members used to be almost exclusively business center and executive suite owners/managers. But over the last couple of years they've expanded their mission and many coworking facilities have joined. We see this as very healthy for the coworking industry. Both groups have much to learn and share from/with each another....

Our very own Liz Elam was recently interviewed for Austin Woman magazine. Not only was she interviewed, Liz made the cover! Here's what a little Liz elam and coworking can do for ya...

Austin is quickly becoming the southern hangout of small businesses and startups, and Link Coworking is the perfect place for entrepreneurs and freelancers to gather in this Lone Star city.

In 2010, Link Coworking opened in Austin. Its founder Liz Elam, who previously spent 14 years working from home for Dell, wanted a nice place to work without the disruptions of coffee shops and with plenty of electrical outlets and speedy Internet access. When she couldn’t find a place like that, she created Link Coworking in the Village Shopping Center at 2700 West Anderson Lane. “Link Coworking provides members with a professional and interactive workspace where they don’t have to worry about spending too long at a coffee shop, trying to find an outlet, or being distracted by kids and chores at home,” according to Elam. “Members choose to work from Link not only because it provides them with a comfortable work environment and boosts their productivity, but also because they gain a new community of coworkers and the ability to network with people in many different industries."

Consider this statistic for a moment: In 2005, there really weren't established coworking spaces (at least, according to the people now in that business). Today, those folks say there are more than 2,000 of those spaces around the country.

Four evangelists of this way of working—all of whom are actually in the business of setting up new work spaces—offered some intriguing thought trends in the fledgling coworking-space industry.

Link Coworking featured on CNN!

Link Coworking is profiled as part of a clip on coworking in Austin!

Coworking space owners and community managers weigh in with some reasons to try coworking that you probably haven’t heard before.

As a mobile worker, you can set up shop just about anywhere, from your sofa to your local library or favourite coffees shop. Or, of course, at a coworking space. As the coworking movement grows, you’ve probably learned that these flexible spaces provide mobile workers with desks and office amenities at reasonable prices, as well as offering stellar networking opportunities. But are there any less often heralded benefits of joining a space?

Cadillac Salutes Link Coworking for their Spirit of Innovation

Link Coworking profile airing on KVUE.Link loves press! Thanks KVUE and Cadillac!

Coworking spaces are a really cool option for a lot of workers that, for whatever reason, don’t really fit in to a traditional office space like startups, telecommuters, small businesses, and especially creatives in search of collaboration. With free coffee and Internet, workspaces, and built-in community, coworking spaces provide a great place to get things done without feeling the isolation of working at home, or trying to overcome the frenetic nature of working in a coffee shop. But some coworking spaces really take things a bit higher, offering gorgeously designed spaces in historic buildings, community events, and even office mascots. We’re really impressed by these 20 coworking spaces, and we encourage you to check them out if you’re in need of a work space in the area.

GCUC is making the rounds on television! Check out GCUC on KXAN!

Office space in Austin has changed a great deal since Mike Judge’s 1999 cult classic of the same name. Today workers wear what they want, bring their pets, and even have a beer on the job.

KVUE News recently explored some of the city’s coolest spaces. The first stop included the Internet company Vast, where the theme is “rock and roll.”...

They're low-cost, and provide the typical office amenities--conference rooms, photocopiers, etc. But there are other less tangible benefits for entrepreneurs.


Gangplank co-working space in Chandler, Arizona.
 

Garages and bedrooms may be the archetypal home of scrappy new ventures, but these days entrepreneurs have another option when it comes deciding where to locate a fledgling business: coworking spaces. These communal offices draw independent workers and start-ups to a shared office environment, usually at relatively low-cost, providing conference rooms and photocopiers as well as other less tangible benefits for entrepreneurs...