Women are launching their own ventures and rising in the ranks of business ownership in record numbers. In fact, in the past couple of decades, women have advanced more quickly than their male counterparts into executive positions. Twenty-seven percent of the Fortune 100’s top leadership positions in 2021 were held by women, according to a recent study by the Wharton School of the University of Pennsylvania.
As the number of women entrepreneurs grows, the number of women seeking coworking spaces will increase with it. Coworking spaces offer distinct benefits to women in various industries. Women coworking is a growing trend that promises to only become more popular as women assume greater influence in management and ownership positions.
If you are an entrepreneur or business owner, you might wonder how a coworking space will give you advantages over working at the office or even from home. Coworking spaces offer a flexible and convenient way to work that can potentially benefit your company financially.
5 Benefits of Women Coworking
In this article, we will highlight five ways that women can benefit from a coworking space. You will learn how this type of setting can give you a competitive advantage and set your business up for success.
1) Finding Mentors
Fostering business relationships with mentors can give owners and entrepreneurs access to consistent guidance and resources. This is where coworking comes in.
Women coworking enables women executives and entrepreneurs to connect with other women leaders. They share ideas, and in the process of exchanging best practices for their industry, they may find a mentor. Mentoring is important for all entrepreneurs, no matter their knowledge or expertise.
For example, recent research studies show that small businesses with an established mentor relationship are twice as likely to thrive and become thought leaders than companies with no mentorship in place. Nearly half of women entrepreneurs in one study reported that they believed an absence of mentorship was something that prevented them from reaching their full potential at their company.
2) Creating Business Opportunities
At a coworking space, you may connect with other female business leaders who can provide you with connections or contacts in your industry. This paves the way for discovering innovative ways to grow your business.
Women coworking offers female business leaders an opportunity to meet people who possess skills they might not have. For example, other women entrepreneurs can provide helpful insights in areas where you may be struggling, such as in product marketing or the hiring process. Finding this type of solidarity in a traditional workplace or at a home office is difficult.
Are You a Women Entrepreneur Looking to Grow Your Business?
Take advantage of Burbity Workspaces and our coworking locations today!
3) Enjoying Equality in the Coworking Space
Despite women having attained greater influence and power as they gradually land key management positions and grow among the ranks of entrepreneurs, they still face an uphill battle when it comes to equality in the workforce. Even women entrepreneurs can face gender discrimination that may impede their success.
But women taking advantage of coworking levels the playing field as all members of the coworking community are treated equally, and that includes women. Women empower other women at coworking spaces as they share best practices for their industry and encourage each other to excel and succeed.
4) Avoiding Isolation
Coworking gives women an opportunity to remove themselves from their daily routine, which can stifle progress. Working in isolation can bar entrepreneurs from learning from their peers. Working in a vacuum may also hinder women business leaders from discovering innovative ways to grow their enterprises.
Women coworking is an ideal means for entrepreneurial women to learn from other like-minded women business leaders. In this collaborative setting, a synergy takes place that allows women entrepreneurs to learn from each other and identify ways to grow their companies and strengthen their bottom line.
The social environment of a coworking space is the perfect antidote to isolation for many, which happens at a traditional workplace and home office.
5) Increasing Creativity
Studies show there tends to be an increase in creativity when working in an engaging and social work environment like a coworking space. This is what many women entrepreneurs are seeking.
Women coworking gives female business leaders the freedom to think outside of the box and be more daring when surrounded by other like-minded women executives. This collaborative work environment inspires women to unleash their creativity and explore innovative ways to grow their companies.
Look to Burbity Workspaces for Professional Coworking Spaces
Women coworking is a growing trend that enables women to thrive and attain greater influence within their companies. We invite women entrepreneurs and other women business leaders to take advantage of our coworking spaces at Burbity Workspaces.
We have two locations available that will provide you with crazy fast internet and unlimited free coffee, along with free parking. Our conference and media rooms are available to use as well. Join our coworking community at Burbity Workspaces and watch your business thrive!
