The concept of co-working was sparked in 2005 but the digital nomad movement is flourishing now. If you’re at home, reading this instead of working, here is how remote working can help you save – and make – money.
The perks of an office without the astronomical rent
Office rent is one of the reasons startup businesses don’t make profit in their launch year. Getting the perfect “address” and all the accessories that go with it could weigh down on your wallet. Cost-effective solutions like a hot desk or space in a serviced office is cheaper, but still expensive, in the grand scheme of it all. Cutting costs in your business’ first year is essential, and would instantly earn a thumbs up from a personal finance advisor.
But working from home isn’t ideal if it’s cluttered with distractions. You can start your idyllic day at your desk but the temptation of answering emails from bed can be distracting. From cats fiddling with your keyboard to children demanding your attention, the sudden urge of tidying up to the growing relationship with your fridge- where can you plug into a power socket and plug out of the world around you?
A space where it’s just you and your work
Statistics reveal that 77% of employees are more productive working off site. Factors ranging from the temperature the office AC is set to to countless meetings can all lead to a slump in productivity. Some employees even save “important” work for when they get home. The more work you get done, the more projects you take on, the more money you make. Combine this with the money you save on office rent, and it’s a win-win for you and your clients.
Save money while you make money
While it’s a common notion that digital nomads are independent freelancers, as much as 40% of them are looking to hire one to two new team members. As a digital nomad that’s just starting out, remote working could result in your portfolio doubling in size. The UAE – a smaller country than most – places great value in community and networks. Tapping into the right professional networks, and proving your skills, could lead to winning new business.
It’s about being in the right place at the right time, and now is the right time.
Look no further than WitWork for remote working solutions.
Enjoy the benefit of central locations without the hassle of rent with our locations in the UAE’s top hotels, restaurants, and coworking cafes. We save digital nomads the gamble of working in a random coffee shop. All our work space solutions have strong Wifi, several power sockets, food and drink on site, excellent coffee, and uncomplicated parking. Need to drill in to your to-do list? Some of our locations have a focus zone where people can drill into their to-do list. There is also a general understanding among WitWorkers – everyone’s here to get work done. As a WitWorker, you get to tap into work spaces in leading restaurants, cafes, pubs, and hotels in the UAE, free coffee, special discounts on food and drinks, an exclusive business lunch at select locations, and access to a community of digital nomads, entrepreneurs, and game-changers.
Find our more about our mission and memberships at WitWork