What are the most productive workspaces for successful startups? Anyone who’s been a part of a startup knows that its people, ideas, culture and work environment need to be designed in a way to encourage continuous success. From inception to product/service launches, the path to success is filled with tricky obstacles and problems to solve.
At Star Space we have the unique opportunity to witness many exciting startup teams succeed. But before we explore ideal startup environments, let’s take a look at some success and failure stats:
2019 STARTUP STATISTICS | Small Business Trends: 2020
The Majority of Small Businesses Are:
- LLCs: 35%
- S-Corporations: 33%
- Corporations: 19% Sole
- Proprietorships: 12%
- Partnerships: 2%
- US Startups start their businesses at home: 69%
- 50-59 years old: 35%
- 40-49 years old: 25%
- 60-69 years old: 18%
- 30-39 years old: 14%
- 18-29 years old: 4%
- 70+ years old: 4%
- High School / GED: 33%
- Associates Degree: 18%
- Bachelor’s Degree: 29%
- Master’s Degree: 16%
- Doctorate: 4%
The Right Workspaces Give Startups That Extra Advantage
The most productive environments can give startups the extra push or advantage they need to excel from one phase to the next on the road to financial success. As you may have observed from the stats cited above, there’s a wide range of demographics that need to collaborate and communicate, often under pressure. So, what should a startup look for in choosing the right workspace shared with a variety of personalities, ideas and opinions? Let’s dive in.
We witness some amazing collaboration among the startups that come to work at our campus in Sunnyvale, California. It’s inspiring to watch what innovations unfold among teams and individuals in the form of colorful sticky notes posted on conference room walls. Oftentimes, our members can be found nestled between rolling whiteboards littered with diagrams and ideas for their new technology or service concepts.
Collaborators also need great video communication software displayed loud and clear on reliable, HD flatscreens, powered by reliable WiFi on a strong network. And, for those who prefer using desktop phone hardware for their meetings, workspaces equipped with the latest Polycom systems is essential. We know how important it is to keep the ideas and productivity levels flowing at their optimal speed and quality. The right collaboration tools make this possible.
Food for Fuel
We love providing our members with lots of great food, premium coffee, teas and other refreshments, especially around the two o’clock hour, when eyelids and inspiration start to droop and fade. Workspaces should strive to incorporate a mix of healthy and indulgent snacks and beverages to keep you as fueled and energized as your ideas. Your workspace should provide all the food, drinks and caffeine you need to succeed on a day to day basis.
Work Life Balance
Monotony is the enemy of productivity, so your workspace should reflect and amplify your own creativity and enthusiasm for your work. Dynamic spaces will hold regular member events like workshops, happy hours, catered luncheons and exercise classes to help keep your head in the game. Bring your kid to work for lunch or take a run with a coworker in between brainstorming sessions.
The Bottom Line
Your work environment can make or break your startup’s margin of success. Your space should provide everything you and your team need to have a steady workflow punctuated by productive breaks that enrich your day and boost your mood. You’re going to be spending a lot of time at your workspace, so make sure you’re in an environment that feels comfortable, dynamic and inspiring.
We’ve designed and optimized our space with entrepreneurs like you in mind. If you’re a part of a startup, click the button below to schedule your tour of our workspace and find out how Star Space can make your ideas shine.