Stakeholders in the co-working industry have highlighted the opportunities for small businesses, corporate organisations and professionals in the construction industry in the establishment of co-working spaces.
Speaking at the Co-working Conference in Lagos, the convener, Kola Oyeneyin, said that there were business opportunities along the value chain in the industry.
According to him, the entrepreneurial drive of Nigerians, the ongoing digitisation globally, the wide use of social media and the influx of foreign investments into the country are driving the demand for co-working spaces.
As such, he said there would be a need for entrepreneurs in the areas of interior design, architecture and construction engineers to key into the industry.
He added that accounting and legal service providers, graphic designers, banks and security providers could work with entrepreneurs utilising co-working spaces nationwide.
Oyeneyin said, “In terms of the future of the industry, we will be depending on co-working space designers to set standards that can be exported to other countries. We have a very unique environment. I am looking for a co-working space in molue-type structures.
The Founder, TinkAfrica, Franklin Ozekhome, while sharing his experiences on the impact of co-creation hubs, said that the transformation of many ideas into successful businesses was inspired by sessions with like-minded people in business hubs.
He said, “How you understand a business, marketer, people and consumerism and be able to put your idea into something that makes sense? That was how I came about the co-creation hub to learn and inspire, and be a part of the strategy. I infuse the ideas I get into my daily products and develop it into a business.
The Head, Financial Services, e-Business and Payments unit, Nexzon Business Services, Segun Olukoya, identified co-working offices as strategic partners that provide support to entrepreneurs and called for more co-working spaces that would provide specialised services and support to small business owners.
Other speakers at the event were the Co-Founder, Sahara Group, Tonye Cole; Executive Secretary, Lagos State Employment Trust Fund, Mr. Akin Oyebade; and Lead Partner, BudgIT, Seun Onigbinde, among others.
Co-working has become the new tend in the workplace. It is an innovative alternative to traditional office spaces. The novel concept allows independent workers and entrepreneurs to share an open workspace instead of the traditional cubicle or makeshift set up in a coffee shop.
Co-working has proven to be beneficial in both running a successful business and maintaining a professional career. Here are a few reasons why should you invest in co-working:
- Expand your personal and business networks with fun and ease.
- Work more productively by surrounding yourself with others hard at work.
- Decrease your feeling of isolation as a freelancer/small business owner.
- Increased sense of community and trust amongst peers.
- Reduce the amount of common office overheads like broadband and printer costs.
- Create new opportunities to collaborate on projects too large for your own business.
- Work at a high quality office or location otherwise beyond your budget.
- More mobility and not having to be chained to long leases.
- Absorb new ideas from other industries not usually within your network.
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