As the year quickly creeps to an end, we start thinking about goal setting for the upcoming year. For many of us, our new year’s resolutions year after year include things like eating healthier, losing weight, being more productive, gaining new skills, and creating a better overall balance in our lives of health, work, family, friends, and fun.

Previously, the solutions to each of these resolutions might have been different. You could join a gym in order to lose weight, find a new job to be more productive, and sign up for a professional development course in order to gain new skills.

Over the past number of years making one seemingly simple change of starting to cowork can assist in all of these areas.

For those of you who are still unfamiliar with the concept, the term was coined in 1999 as a new type of work that would facilitate a more collaborative work environment. The beginning of the 21st century saw the expansion and globalization of the concept as technology enabled remote work. While coworking did not make its way to Australia until about 2010, the industry has expanded rapidly and there are over 150 coworking spaces currently situated throughout Melbourne.

While each coworking space differs in the type of businesses they serve, and the type of facilities they offer, each space provides the opportunity for businesses of different types, to work together in a shared environment. Coworking spaces often facilitate interactions between coworkers through events and activities as well as encouraging business partnerships.

According to varying bits of research done by Deskmag, Forbes, and Fast Company and compiled by Office Vibe, coworking spaces show that:

  • 70% of people reported feeling healthier than they did in traditional office spaces
  • 64% do a better job of finishing their tasks on time
  • 68% were able to focus better
  • 91% have better interactions with others
  • 60% feel more relaxed in their personal lives

Based on this research, it seems pretty clear that it is time to leave the home office and try a coworking space. In addition to the aforementioned benefits, you might even be among the 50% who report a higher income while working in this new environment!

Elise Loterman is the Community Development Manager at deskworx, a great coworking space in St Kilda.

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