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When you are working on your startup or venture which is very small & taking baby steps, you usually have very limited budgets for operational expenditure. In the case when you are working alone or with a team with limited team members, then you eventually end up to limit yourself and your business venture. If you have an exposure to intellectual and ambitious peer groups,  then you have the opportunities of more interaction, exchanging concepts, ideas and brain-storming sessions which eventually lead to enhance creativity and innovation. All these lead to the strong chances of building a profitable business. The environments which convey such a nature of the positive aura is one of the key reasons why the community workspaces are growing at a rapid pace.

Many of us are unaware of the fact that coworking is not a mere new notion. Way back in the fifteenth century in Florence – the sculptors, painters, engineers, architects, and scientists all used to gather at one place and work together in order to collaborate, compete and learn new things which would improve their skills eventually. These gatherings and coworking created optimum environments in increasing the right level of discussions among the several groups which eventually helped the individuals in successfully converting their ideas to proper actions. These interactions resulted in a higher degree of innovation for all the members.

The sensible philosophy of the personal interactions would certainly lead to the higher degrees of desired output and the much-appreciated innovation. The people from diverse backgrounds and experiences when interact, collaborate, and compete with each other, a setting is being formed which encourages interaction which eventually spurs significant growth in the entrepreneurial ventures. Apart from the interaction with the peer groups from diverse backgrounds, the members of the coworking environments are also being continually encouraged through the various educational and social events which are being organized in the coworking spaces at regular intervals.

There are several examples where the coworkers collaborate to innovate and work together. Most of the professionals operating from these coworking spaces benefit in various ways and most of the benefits fall in one of the following four categories: 

• Advice and learning – The professionals, entrepreneurs, and freelancers when operating from the coworking spaces gather a lot of experience from the advice received from their peer groups. This adds to their learning and adds value to their skill sets. For example, for a graphic designer operating from a coworking space get an opportunity to interact with the other seasoned designers who are operating from the same space and also can seek the guidance of the seasoned designers if struck somewhere.
  
  
• Enhancing the professional network – While you opt for a coworking space, you are exposed to an environment where you can literally cross-pollinate with the creative and smart people on a regular basis who are working on various projects. So, this opportunity to interact with a lot of intelligent professionals is indeed valuable and this eventually helps you in building your professional network. This natural networking, which happens in a coworking community, can lead to some valuable referrals. The opportunities which you will receive from the networking in a coworking space will certainly play an integral role in your expansion and growth. The optimal access to several new peers, the collaborative resources & the referral partners will certainly open new doors for your professional accomplishments.
  
  
• Collaborating and innovating – There are strong chances that you will find some like-minded people in a coworking space with whom you would love to collaborate for mutual benefits. For example, if you are a web designer and SEO expert operating from a coworking space and you find a content developer there. Then, you would have strong chances to collaborate and build a successful business together. There can be some great innovations that can happen through such collaborations and serendipity.
  
  
• Employment and recruiting – When you start working from a coworking space, you have a strong chance of hiring an employee from the same place. This can be an effective way of recruiting as you would be able to see the concerned person working in front of you and thus you have a clear idea of the working methodology and the sincerity of the candidate you are about to hire.
  
  So, the above benefits very clearly reveal that opting for the coworking spaces can prove to be a collaborative and innovative proposition for sure.