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COWORKING: A new style of working –or– How not to die of boredom while working on your next killer idea

Indieloft Coworking: A new style of working

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Page 1: Indieloft Coworking: A new style of working

COWORKING: A new style of working –or–

How not to die of boredom while working on your next killer idea

Page 2: Indieloft Coworking: A new style of working

COWORKING : what is it?

• Coworking is a style of work that involves a shared

working environment, yet independent activity.

• Unlike traditional offices a coworking space is shared

by individuals from different organizations and

professions.

• Encourages sharing of knowledge.

• Provides plenty of opportunity for collaboration.

• Access to quality infrastructure without compromising

flexibility.

• Members of a coworking community tend to have

shared values and goals that bind them together.

Page 3: Indieloft Coworking: A new style of working

COWORKING : History & Geography• Concept originated in the early 2000’s in USA

• Driving forces:

• Earliest version: Neighborhood coffee shops

• Professionally run spaces started popping up in SF & NYC by 2005

• Europe caught up quickly: London, Berlin, Paris, Madrid, Lisbon

• Latin America: Buenos Aires, Santiago, Sao Paulo, Mexico City

• Coworking in Asia: very popular in major cities like Singapore, Tokyo, Hong Kong & Shanghai. Also catching up quickly in cities like Bangkok, Chiang Mai, Bali, Ho-chi Minh City.

• In India: Bangalore, Hyderabad, Chennai, Mumbai, Delhi/NCR, Ahmadabad and now in Nagpur.

- Advances in Mobile devices - Affordable Wireless access

- Workplace Flexibility - Need for Community

Page 4: Indieloft Coworking: A new style of working

History & Geography contd..

Page 5: Indieloft Coworking: A new style of working

Who uses coworking?

• Early stage startups

• Independent professionals

• Freelancers

• Programmers

• Graphic designers

• Creative artists

• Online marketers

• Students working on projects

• Employees working remotely

Globally over 200,000 people benefit

from coworking spaces-Majority are in their 20’s & 30’s-Over 1/3rd are women-50% are early stage startups-Mostly associated with Tech, New Media & Creative fields

DEMOGRAPHICS

GR

OW

TH

STATS

COWORKING

Page 6: Indieloft Coworking: A new style of working

COWORKING : Is it right for me?

Page 7: Indieloft Coworking: A new style of working

Working from a Café: the quick Math

• 1 cup of coffee buys you 2 hrs (and that’s stretching it!)

• 1 cup of coffee = 125 Rs.

• 8 hours in a day = 4 cups of coffee = 500 Rs/-

• No outside food. Lunch = 1 sandwich @200 Rs/-

• No Wi-Fi access. Your own wireless access = 50 Rs/day

• Daily minimum cost = (500 + 200 + 50) = Rs 750/-

• Plus no guarantee of daily space availability or noise-

free environment. Spend another Rs. 2000/- on

earphones.

At this rate, the only business that you’re helping to grow is your neighborhood café!

Page 8: Indieloft Coworking: A new style of working

It’s not just about the money

Page 9: Indieloft Coworking: A new style of working

What coworking is NOT

• NOT an Accelerator / Incubator

- Both differ from the coworking model because they often miss the social, collaborative & informal aspects of the process

- Mentoring and other interactions are completely organic

- Though it is not entirely ruled out, equity participation in startups is not a stated goal of coworking spaces (We will never ask you for sweat equity!)

• NOT a Business Center

- Coworking is much more than just a collection of desks & benches under a common roof

• NOT a glorified net café- If you are just looking for Wi-Fi and free coffee, but not really looking to engage with the community, coworking may not be a good fit for you

Page 10: Indieloft Coworking: A new style of working

Indieloft: Central India’s 1st coworking spaceIn the heart of fast growing Nagpur

A modern coworking space with Open Plan seating

Flexidesk Policy – sit where you like

B.Y.O.D. – bring your own device to work and play

Free Wi-Fi

Tea / Coffee / Drinking Water

Conference Rooms

Kitchen Facilities

Access to Printer, Scanner & Copier

Secure storage space

On-site Library

Events & Workshops

Legal & Accounting services

Page 11: Indieloft Coworking: A new style of working

Indieloft: Photos

Page 12: Indieloft Coworking: A new style of working

Indieloft: Pricing Plans

FAN

(Daily)

ROADIE

(Weekly)

CREW

(Monthly)

ROCKSTAR

(Daily)

MEET THE

BAND

(Hourly)

1 day access 6 working days in

a month

24 working days in

a month

1 day access to your

own private office

seating up to 3

people

1 hour access to

conference room

& common areas

250 INR/- 1,400 INR/- 5,000 INR/- 1,000 INR/- 200 INR/-

Flexidesk Flexidesk Flexidesk Assigned Assigned

We offer discounted rates to STUDENTS & WOMEN ENTREPRENEURS in order to encourage their participation. Talk to us or drop us an email to find out more.

Page 13: Indieloft Coworking: A new style of working

Indieloft , 4th floor, Lusine Tower, Next to Travotel,

Wardha Road, Nagpur 440025, INDIA

Directions:Take Wardha Road to Radisson Blu Hotel. Continue for 1.5 Km towards NGP airport, we are on your left in a black colored glass building that also houses Travotel Suites.

Page 14: Indieloft Coworking: A new style of working

+ Email: [email protected]+ Twitter: @indieloft+ Facebook: http://www.facebook.com/indieloftcoworking+ Phone: (+91) 712-2293971