It’s clear. You’ve got talent. You have a good thing — you know, that thing you do because it’s fun for you, you’re good at it, and people keep saying you should run with it. Now that you’re ready to take it seriously, here’s how THRIVE | Coworking can help realize your dream.
It’s time to project success, so you want to establish a dedicated work environment, and rightly so. This is your launchpad, your base, the place where the best work of your life will happen, task by task, day by day — just you and your grand designs, spread out at your very own … um, kitchen table?
Or you might try renting a sparse high-rise office downtown. It’s a considerable commute, but it would be quiet and it’s newly painted. Beige.
Yet another option exists: THRIVE | Coworking, because in your heart you know you’re a rock star and your thing deserves better.
What is THRIVE?
We’re glad you asked. THRIVE | Coworking is an inspired and effective work environment that caters to the individual needs of small business owners and freelancers. That’s you. In fact, it’s a lot of us here at THRIVE, which is why you belong in the company of like-minded entrepreneurs — each with a “thing” that can benefit from the collective energy and creativity of a THRIVE | Coworking space in a neighborhood near you.
Great question. How much time do you have?
Here’s the skinny: THRIVE offers an array of amenities and perks to make your work life easier and, frankly, more fun. Whether you’re looking for a desk to rent by the day, a meeting room for an hour, or a private office for your team, THRIVE offers everything you need to promote camaraderie, collaboration, community and many other flattering words that start with the letter C.
Let’s talk tech. With our super-duper high-speed Wi-Fi connection (that’s grade-A tech talk right there), you never have to worry about staying connected throughout our spaces.
So here are the options: There’s the kitchen table approach, and then there’s THRIVE | Coworking — a cost-effective, highly motivating and inspirational solution for everything you need to operate and scale your business over time.
[Stage Note: Insert Mic Drop Here]
But let’s get back to you. Here’s some good advice for anyone looking to ramp up and take their thing to the next level.
First Steps for Ramping Up
1. Decide What Type of Business You Want to Create
Are you looking for something that will generate income, or do you simply want to bring awareness to the world about your passion project? Once you’ve decided on what type of business model you want to create, congratulations! You’re on your way. But there’s more to consider.
2. Research Your Market and Your Competition
It’s important to do your research. According to the latest statistics from the Small Business Association, there are nearly 33.2 million small businesses in the U.S., which account for 99.9 percent of all American businesses.
We encourage you to take a moment to ponder this extraordinary statistic.
With that many businesses out there, it’s essential to have a unique point of view and an innovative edge to stay ahead of the competition. That’s where research comes in. Seek out what your competitors are offering, look into their prices, and notice who their customers are — and even ask for feedback from a few of them.
The next step involves your individual skill set. Look into the market you are interested in and analyze the competition that already exists. This will help you identify any gaps you can fill with your business idea.
3. Design a Business Plan
After doing your research, develop a comprehensive business plan that outlines how you will manage and grow your business over time. Your plan should include financial projections, marketing strategies, customer-service plans, etc.
4. Network and Promote
Once you have developed your business plan, start networking and find ways to promote it. Social media is an effective way to reach potential customers and spread awareness about your business. Consider attending events related to your industry or joining industry associations, as well as advertising through more traditional channels such as print or radio advertisements. And in a coworking environment like THRIVE, you’ve got a built-in network ready to be activated.
5. Secure Funding
Once you have secured investment from family or friends, or applied for loans from banks or investors, use these funds to get started on building out your business infrastructure and operations such as hiring staff, purchasing equipment and creating an online presence.
6. Monitor Growth
Keep up to date on the growth of your business on a regular basis by tracking key performance indicators (KPI) such as sales figures, customer feedback, website traffic, etc. You can make adjustments based on these metrics in order to ensure the success of your enterprise.
7. Bring it all Together at THRIVE | Coworking
So, perhaps you’re beginning to see the necessity of being able to stretch out beyond the constraints of the kitchen table and start to plan, meet, write, brainstorm, collaborate, analyze, create, revise, promote, consider and DO YOUR THING like never before.
Our conference rooms and soundproof phone booths offer superheroes like you high-speed internet and other top-of-the-line office amenities like flexible seating, ergonomic chairs, laser printers and more. Plus, you get access to exclusive events where you can brainstorm ideas with fellow entrepreneurs or maybe even meet your next business partners. It’s just nonstop love and support every day here at THRIVE | Coworking.
And for those who remain attached to the kitchen table, you’ll be happy to know there’s a kitchen in every location.