Co-Working Office Developer - How it's Done. Episode Two: William Stokes, Co-Space

Join us at the next live Property Developer Show in BirminghamWhere: The Hawthorns Stadium, 9 Birmingham Road, West Bromwich, B71 4LFWhen: Wednesday 1st May, 2024    10:00 am - 4:00 pmVIP Early Access from 9:00 amhttps://propertydevelopershow.co.uk/events/birminghamDiscover the real essence of co-working spaces as Scott Williams (Founder - Property Developer Show) and William Stokes (CEO - Co-Space) delve deep into the misconceptions surrounding the industry. Contrary to popular belief, co-working spaces are more than just shared desks; they represent a thriving ecosystem for growing SMEs and professional businesses seeking a dynamic work environment.In this enlightening episode, the hosts debunk the myths surrounding co-working, emphasising the distinction between co-working and serviced office providers. They offer valuable insights into the day-to-day operations of co-working spaces, highlighting the balance between individual workspaces and communal areas.Additionally, the discussion delves into the entrepreneurial mindset, exploring the perpetual pursuit of growth and self-improvement. From reflections on personal journeys to secrets of success, both the host and guest share candid anecdotes and valuable lessons learned along the way.Join William and Scott as they unravel the intricacies of co-working spaces and offer practical advice for both aspiring entrepreneurs and seasoned professionals. Whether you're considering entering the co-working industry or simply seeking inspiration for personal growth, this episode promises to be an insightful exploration of entrepreneurship and the pursuit of excellence.Chapters:00:00:00 - The Importance of Daily Steps Towards Your Goals00:02:11 - Serviced Office Providers00:04:20 - The Need for Preserving Victorian Buildings for Office Space00:06:22 - Growing a Business with Rundown Assets00:08:24 - The Stevenage Project and the Opportunity in Milton Keynes00:10:18 - Joint Venture and Development Arbitrage00:12:14 - Financial Transparency and Negotiation Strategies00:16:11 - Lessons Learned in Property Development00:18:12 - Finding the Sweet Spot in Business Growth00:20:13 - Scaling and Profitability in Business00:22:22 - Understanding Arbitrage and the WeWork Story00:26:18 - The Importance of Understanding and Communication in Decision Making00:30:11 - The Importance of Specialisation in the Property Sector00:32:19 - Niche Focus in Business00:34:14 - Long-term Plans: Acquiring Assets and Growing the Portfolio00:36:11 - The Journey of Growth and Success00:38:13 - The Importance of Getting the Right People in the Right Place00:40:14 - Three Key Bits of Advice for Budding Entrepreneurs00:42:16 - Surrounding Yourself with the Right People00:44:12 - The Journey and Growth