{"id":319,"date":"2016-05-31T00:00:00","date_gmt":"2018-11-20T15:29:33","guid":{"rendered":"\/\/gcuclegacysite.wpengine.com\/look-out-coworking-here-comes-big-money-by-cat-johnson\/"},"modified":"2018-11-20T09:29:35","modified_gmt":"2018-11-20T15:29:35","slug":"look-out-coworking-here-comes-big-money-by-cat-johnson","status":"publish","type":"post","link":"http:\/\/gcuclegacysite.wpengine.com\/look-out-coworking-here-comes-big-money-by-cat-johnson\/","title":{"rendered":"Look out Coworking, Here comes big money! By: Cat Johnson"},"content":{"rendered":"<p>When a small group of coworking enthusiasts gathered in Austin, Texas in 2008, they knew they were on to something special. They couldn\u2019t have known, however, that their budding movement would turn into a global industry. But, turn into an industry it has, complete with big money, corporate involvement, and a strong focus on scale. As the <a href=\"http:\/\/gcuc.co\/\">Global Coworking Unconference Conference<\/a> (GCUC) executive director Liz Elam said at last week\u2019s conference in downtown Los Angeles, \u201cIf you\u2019re not thinking about growth, you\u2019re not thinking.\u201d<\/p>\n<p>As an industry, coworking is on a meteoric rise. In fact,\u00a0it\u2019s still at the base of a sharp growth curve with only two percent market penetration. The industry is hot and it\u2019s expected to stay hot, with this unprecedented growth continuing for an estimated five to seven years. As Steve King, partner at <a href=\"http:\/\/www.emergentresearch.com\/\">Emergent Research<\/a> told Elam, \u201cYou can\u2019t build [coworking spaces] fast enough for the demand coming your way.\u201d Despite the incredible growth in the West, Elam says the growth rate in China is \u201cmaking us look like we\u2019re standing still.\u201d In the face of all this growth, coworking and GCUC are changing.<\/p>\n<p>At last year\u2019s conference, Tony Bacigalupo from <a href=\"http:\/\/opencoworking.org\/\">Open Coworking<\/a> and <a href=\"http:\/\/nwc.co\/\">New Work Cities<\/a> kicked off the event with a question: Who thinks coworking means dividing up office space to sell at a profit? Not a hand went up. He then asked those who think coworking is something more than that to raise their hand. Nearly every hand in the room went up, accompanied by cheers, shouts, and hollers of approval.<\/p>\n<p>This excerpt was taken from &#8220;Look out Coworking, Here Comes Big Money&#8221; by Cat Johnson from Shareable. To read the full article click <a href=\"http:\/\/www.shareable.net\/blog\/look-out-coworking-here-comes-big-money?utm_content=buffer824eb&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\">here<\/a>!<\/p>\n<p>&nbsp;<\/p>\n<a href=\"\/\/gcuclegacysite.wpengine.com\/wp-content\/uploads\/2018\/11\/0B2A0247.jpg\"><img decoding=\"async\" class=\" wp-image-5339 size-large aligncenter\" src=\"\/\/gcuclegacysite.wpengine.com\/wp-content\/uploads\/2018\/11\/0B2A0247-1024x683.jpg\" alt=\"0B2A0247\" width=\"640\" height=\"427\" \/><\/a>\n","protected":false},"excerpt":{"rendered":"<p>When a small group of coworking enthusiasts gathered in Austin, Texas in 2008, they knew they were on to something special. They couldn\u2019t have known, however, that their budding movement would turn into a global industry. But, turn into an industry it has, complete with big money, corporate involvement, and a strong focus on scale&#8230;. <a class=\"read-more\" href=\"http:\/\/gcuclegacysite.wpengine.com\/look-out-coworking-here-comes-big-money-by-cat-johnson\/\" rel=\"nofollow\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[8,9,7,24,51,10],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Look out Coworking, Here comes big money! By: Cat Johnson - GCUC Canada \/\/ Toronto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/gcuclegacysite.wpengine.com\/look-out-coworking-here-comes-big-money-by-cat-johnson\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Look out Coworking, Here comes big money! By: Cat Johnson - GCUC Canada \/\/ Toronto\" \/>\n<meta property=\"og:description\" content=\"When a small group of coworking enthusiasts gathered in Austin, Texas in 2008, they knew they were on to something special. They couldn\u2019t have known, however, that their budding movement would turn into a global industry. But, turn into an industry it has, complete with big money, corporate involvement, and a strong focus on scale.... 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