As part of the co-living movement, multiple people work and live together in a shared environment designed for collaboration. The living spaces and amenities in these spaces are usually communal but have private, soundproof rooms. Whether you’re a student or a young professional, co-living’s low costs and instant community make it an appealing option. Besides freelance writers and photographers, co-living is a perfect living situation for freelancers of all trades.

After the Covid-19 outbreak, it has become the new normal to work from home, leaving some co-living companies to come up with hybrid models aimed at corporate clients. In order to accomplish this, they plan to provide inmates with co-working space, as well as facilities like conference rooms, work desks, and reliable high-speed internet.

The concept of co-living involves sharing most of the facilities in a modern apartment. You could find several fully furnished shared areas for residents, including bars, gyms, lounges, and co-working spaces that are convenient as well as conducive to socializing.

So, how’s co-living beneficial for startups & freelancers?

Startups

Co-living is a growing business for startups today. The concept of co-living for entrepreneurs combines the elements of a traditional hacker home with several multi-purpose features that cater to the startup environment and its specific needs. It is convenient, flexible, and collaborative for entrepreneurs and professionals working in startups to live and work together under one roof.

Productive co-living spaces are designed specifically for startups. The common areas and rooms often include a separate co-working area. With the flexibility that is often needed in startup environments, you can work and relax at your leisure. Startup founders often take inspiration from their surroundings when building their own companies. Startup founders can immerse themselves in an environment that’s flexible, collaborative, and comfortable while collaborating with people who can bring their ideas to life.

Having a space that meets all your needs when you’re starting a business breeds productivity. No matter what time or day of the week, a blended co-living and co-working space offers endless opportunities for collaboration. The next great idea can strike, especially in startups. A breakthrough can happen over breakfast cereal with coworkers, or while sharing a meal at night. Startups are attracted to co-living because it makes it easy to mix focused work with relaxed day-to-day life. Hence, dynamic co-living spaces provide people with both productivity space and tranquility space since a great idea can come from simply chatting around the pool and sitting at a desk.

A co-living space can also be beneficial for startups because they can concentrate on building their businesses while the managed spaces are taken care of by the managers in the co-living space. In addition, you won’t have to worry about restocking toilet paper or soap, managing any home maintenance issues, or buying items like pots and pans or towels. Co-living spaces boast free, fast Wi-Fi so you’ll never be without a connection.

 

Co-living with your coworkers can help you form close bonds, which has been proven to increase loyalty and motivation. People who feel inspired and connected to their surroundings often produce better quality work and are more focused. The importance of a driven and passionate team is even more apparent for startups. Many investment firms are also connected to co-living spaces. These investment firms can offer startups a partnership with their own business ventures if they choose to live and work together in a co-living space.

Freelancers

Co-living communities can encourage networking and a sense of community for freelancers, entrepreneurs, digital nomads, and remote workers. Freelancers who use co-living spaces gain more inspiration and creativity from other freelancing professionals.

Because of the pandemic, many people took up freelancing or started their own businesses at home. Companies are turning to freelance workers to boost their business with minor tasks, as the freelance industry is booming. Besides offering an affordable living option in cities where entrepreneurs and remote workers thrive, co-living apartments also provide several benefits to freelancers.

Most freelancers, especially those who work from home, need good Internet access. Co-living apartment rent usually includes Wi-Fi, so you never have to deal with an Internet service provider. In your co-living apartment, you’re guaranteed a working Wi-Fi connection.

Working from home requires a productive work environment, which is why co-living apartments are a great option for freelancers. Having your own private room to work from is part of the appeal of living in one of these spaces, along with the pleasure of interacting with others in the common areas. You will not need to worry about spending extra money on a co-working space or a separate office. If you choose to live in a co-living apartment, you’re likely to share your space with other freelancers. You will get new clients and opportunities by collaborating with other freelancers around you. When you and your roommates are both freelance copywriters and graphic designers, you can form a package that offers both services to even bigger clients.

As well as networking from your own home, co-living allows you to connect with others. The roommates each have their own professional networks. You can get a ton of new customers and clients from each of their networks. It is also extremely convenient since you can do it from your own home. With the pandemic, networking can be nearly impossible; you can no longer attend in-person events. How you feel inspired and creative can be influenced by your surroundings. Freelancers can benefit from living in a community filled with other creative individuals. Making new connections or finding inspiration can happen at your local coffee shop.

Colive offers a variety of properties in major cities in India, such as Bengaluru, Pune, Hyderabad & Chennai, designed to help young entrepreneurs & freelancers succeed in business and in life. Residents have the chance to meet investors and build their teams at their free workshops and amazing networking opportunities.

Creating these spaces is the idea of enabling entrepreneurs to surround themselves with like-minded individuals. Co-living spaces for entrepreneurs are often restricted to founders, but many others are available to freelancers, creatives, and self-starters as well.

People who prefer co-living usually fall into one of two categories. First, co-living spaces are ideal for digital nomads, as they typically offer flexible rental terms, which make them a perfect fit for people who want to work and travel at the same time. Then there are those who value a home with a social component and would like more flexibility in their living arrangement. Taking part in a group activity or chatting with roommates can help you de-stress after spending several hours on a computer each day.

The market is booming with co-living spaces, such as Colive, which have a more community-oriented focus. By viewing a few apartments and speaking with residents, you’ll have an instant feel for the people there and whether it’s a place you’d feel comfortable living in. Besides this, co-living allows you to tailor your work and home lives to allow you to take advantage of the freedom that freelancing offers.

If you’re looking for the best co-living space that you can call your home in a new city, visit www.colive.com