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Industrious was founded in 2012 by Jamie Hodari and Justin Stewart, two best friends who grew up next door to each other in Michigan, who complained of the low quality of shared office spaces. [1] The founders raised $1 million from 80 investors to open the first location in Chicago in 2013. [3]
The Garage focused on supporting employees who were already building their projects and were willing to build it themselves vs. seeking funding. The first Garage event was the "Garage Office Science Fair" where all employees, regardless of department, were invited to demo their projects to executives from the Microsoft Office group in Building 36.
The main benefit of sharing an office is that it provides a more dynamic environment for both companies involved and access to new markets. However, sharing office space does come with some problems of its own: Higher office management costs (cleaning services, printer ink, office supplies and so on) Faster wear and tear of office equipment
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A coworking space in Berlin. Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. [1]
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