Staying positive and motivated about your fledgling business can be tough if you're working in a vacuum, but networking events are hardly the conducive place to get work done. Or are they? More and more startups are seeing the benefit of having instant access to a network of their peers by sharing the same workplace — a practice called co-working — instead of waiting for their weekly or monthly meet-ups for that burst of inspiration.
Although some tech startups, such as Bugcrowd, purely serve the tech industry, that doesn't necessarily ring true for all startups. We've seen this in the case of PocketBook, which could equally be about personal finance; 99designs and DesignCrowd, which are all about the creative design space; and Solamor, which focuses on renewable energy. Likewise, co-working spaces have their own culture, whether they focus on creatives, students, mass marketing, social change, or business types.
This has led many co-working spaces to band together rather than see each other as competition. The more intimate boutique design and creative studios like Protein Studio or Homework may have more to offer a startup that doesn't want to get lost in a large array of desks, but a tech startup that has a target market of corporations with large suitcases of money may see Tank Stream Labs' proximity to the Sydney CBD as critical to its operations. Similarly, an entrepreneur who recognises that marketing is their weak point may opt to place themselves at Desk x Space, drawing on the experience of well-established marketing and advertising experts to complement their technical strengths. If a startup is less of a team and more of an individual who's fresh out of university with a bright idea, but no road map to get there, Vibewire's networks might be exactly the support they're looking for.
Whether you're an individual who just has an idea and wants to experiment, or a startup with a small team looking to get to the next level, we've done the research for you. We visited some of the most popular co-working spaces in Sydney, hitting the following eight along the way: