You may be new to the term “virtual coworking”, but the concept behind it should be familiar: a workspace community that is geared toward enhancing collaboration and networking among its members. As the author explains, unlike physical coworking space, virtual coworking is not confined by limitations to the size of the community (or event) or to time, as it gives members 24/7 access to resources and the activities taking place in a private, online community. He points out that some (if not most) flexible workspace providers already offer an online coworking community, and discusses the many benefits of virtual coworking, from enabling better management of “bad members” to offering a more diverse membership with a lower cost barrier for entry.
As the year comes to a close, Fast Company has distilled its favorite productivity tools from 2018. Most are reasonably-priced tools that have been improved in terms of design and technology, such as the redesigned Things app for your daily organizational needs and the latest version of Philips’s Wake-Up Light Alarm Clock.
The seventh annual Venture Summit West will be held in San Francisco, CA, on March 6th and 7th. Designed to connect “the most innovative, promising venture backed, emerging growth and early stage companies” with investors, advisors, investment bankers, and corporate professionals”, the venture conference will be open to a select group of more than 50 top innovators in the Life Sciences & Healthcare, Technology, CleanTech and FinTech sectors. For more information, visit youngStartUp.
If you’re looking to sharpen the proverbial saw – when it comes to business – you’ll likely appreciate the top 10 books most anticipated by Inc. The new year brings titles from business celebrities as well as one from the Oscar-winning producer Brian Grazer, ranging from The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty to Nine Lies About Work: A Freethinking Leader’s Guide to the Real World.
The definition of “traction” for business startups today, according to investors, is “some clear evidence that the ‘dogs are eating the dog food’ – usually meaning that you have at least one customer paying full price for your solution”, the author begins. He continues, “another term often mentioned is ‘momentum’, or growing visibility and advocacy within your customer set”. But to make the case that your startup has traction to potential investors and partners, you need to create and track your progress against some key metrics. Here, he discusses eight specifics you’ll need to track “for credibility and acceptance”, from defining metrics on customer feedback and user counts to quantifying progress against generic growth constraints.
As the traditional salaried worker gives way to contracted freelancers, a solution that has become an attractive alternative is coworking – even for larger and established businesses. Among the benefits of coworking the author discusses are a more innovative and cooperative community and relatively inexpensive office space costs.
What can we expect in tech this year? In this expansive article, leading experts predict that the groundwork will be laid for massive tech advancements in 2019 via Artificial Intelligence (AI), Augmented Reality (AR) and 5G networks (although the smartphone will hold its place as the central tech device for us through the end of the year). The author notes that “these tectonic shifts are already creating opportunity and chances for innovation” as VC investments in startups are on track to reach $100 billion in 2018 (compared to 2017’s $82 billion).