How to Pick a Sick Care Coworking Space

How to Pick a Sick Care Coworking Space

Coworking is the way people work these days. Coworking now takes up 27million sq feet of office space across the US, and 19 more growth statistics that prove coworking is the new normal.

  • There are currently 14,411 coworking spaces in the world today.
  • The number of coworking members will rise to 3.8 million by 2020 and 5.1 million by 2022.
  • These statistics, and more like them, prove that flexible workspace has become the workplace of choice.

Like most, I used to have an office with a door with stuff hanging on the wall. Most of the time, I didn't speak to a soul working in the same building .

Now, in my encore/portfolio career, I work in multiple coworking spaces as part of the sick care gig economy, meet people in coffee shops and attend a lot of networking events. In some instances, I've used coworking spaces throughout the US and around the world as part of an international network for digital nomads.

Co-working is about Co-operating so where and how you work will make a difference. Here's why. It could also result in cohabitating.

If you are a sick care entrepreneur looking for coworking space, here are some things to put on your check list:

  1. The usual value factors like price, location, convenience and amenities.

  2. The culture of the place. In fact, many who work in coworking spaces just ignore each other.

  3. Your objective. Open spaces don't improve productivity or increase creativity. In fact, for many, they are a distraction.

  4. Who else is there. Sick care cannot be fixed from inside so hanging out with people who look, taste and sound just like you often does not help. Yes, happy accidents and synergies occur anywhere, but you are better off meeting people who have a different view of things. The other day I met a software engineer working on 5G at at "techie" space. His product will have more of an impact on digital health than 90% of companies in sick care accelerators, incubators, integrators or whateverators.

  5. Trade out opportunities. Depending on your role, they might give you a deal to trade out services, programs or promotional opportunities in exchange for space.

  6. Hours and 24 hr access. These days, many sick care and biotech companies are born global requiring working in virtual international teams. Early to bed...

  7. Food. What kind and free? For any medical student or resident, probably the most important factor.

  8. Partnerships. How about discounts for parking at the airport, coupons and other bartering opportunities.

  9. The view. Want to meet on the rooftop deck in the summer for FAC?

  10. Free parking. Every ex-faculty member's dream.

Innovation districts are the new suburbs. However, like clusters that preceded them, innovation districts have growing pains. More people than ever are renting in these areas even though they can afford to buy a house. They want to work, live and play around the action and have the ability to move when the action is somewhere else or their startup fails or they get fired.

And, they love the free parking and beer at work.

Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs

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  • Jake Haydock

    The demand for coworking spaces is surging around the world.

  • Callum Mellor

    Thing is, these spaces are mainly in main cities such as London, New York... Which are already very expensive to set up/live in

  • Oliver Edwin

    If you're an independent physician entrepreneur or young businessman, coworking spaces are definitely worth at least looking into!

  • Sam Lawther

    Coworking spaces are like a food court but for skills

  • Jasmine Kasper

    Whatever happened to the days when startups began in someone's garage

  • Anthony Godwin

    It is very hard to run a startup like this without a good loan or inheriting a lot of money.

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Arlen Meyers, MD, MBA

Former Contributor

Arlen Meyers, MD, MBA is a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health and President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. He has created several medical device and digital health companies. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He consults for and speaks to companies, governments, colleges and universities around the world who need his expertise and contacts in the areas of bio entrepreneurship, bioscience, healthcare, healthcare IT, medical tourism -- nationally and internationally, new product development, product design, and financing new ventures. He is a former Harvard-Macy fellow and In 2010, he completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. He recently published "Building the Case for Biotechnology." "Optical Detection of Cancer", and " The Life Science Innovation Roadmap". He is also an associate editor of the Journal of Commercial Biotechnology and Technology Transfer and Entrepreneurship and Editor-in-Chief of Medscape. In addition, He is a faculty member at the University of Colorado Denver Graduate School where he teaches Biomedical Entrepreneurship and is an iCorps participant, trainer and industry mentor. He is the Chief Medical Officer at www.bridgehealth.com and www.cliexa.com and Chairman of the Board at GlobalMindED at www.globalminded.org, a non-profit at risk student success network. He is honored to be named by Modern Healthcare as one of the 50 Most Influential Physician Executives of 2011 and nominated in 2012 and Best Doctors 2013.

   

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