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The Tech Industry is Booming, Here’s How to Hire Top Talent

By | brands, Co-Working, companies, Interviews, networking, Newsletter, services, Uncategorized | No Comments

According to a Tech:NYC study published in Bloomberg, New York-based tech jobs increased  30% over the past 10 years; twice the city’s economic growth in the same time period. Politicians are funding major Tech Accelerators and Institutions to further drive the tech boom, one of biggest initiatives being Cornell University and Technion-Israel Institute. More commonly known as Cornell-Tech, the campus opened in September 2017 on Roosevelt Island with the help of a $100 million grant from the city. With the industry growing rapidly, the question is, how do you choose the right talent for your company. Below are the top five questions  Inc. lists as the “must ask”.

Top 5 Interview Questions Startups should ask: 

1.   Tell me about a time there was no clear answer to a project. What did you do? How did you move forward?Startups succeed when comprised of an enterprising team, a team that thrives on the challenge of brainstorming, analyzing, testing, refining. Look for resourceful, action-oriented talent. Candidates that are comfortable with building as they go.

2.   Tell me about a time when you worked in a fast-changing environment. What did you do when priorities shifted? Since the nature of a startup is to disrupt an industry, there will not always be a clear plan for how; it will take some trial and error. Entrepreneurs that are  agile and react quickly are great hires.

3.   Tell me about a time you were given constructive feedback. How did you respond? Feedback is pivotal for any job – there’s a reason professional athletes spend hours watching Game Day tapes; it’s important for personal growth to learn from any mistakes or to recreate any good plays. Employees that do well with honest, transparent feedback as part of the constant learning process are the best employees.

4.   Tell me about the last time your day ended before you were able to get everything done. This is a clever way of asking if the prospective hire will be okay working long hours. Of course, determine what your company culture is before asking this question – is it an occasional late night or two, or is your company a 24/7 type culture? You’ll also learn insights into the candidate’s soft skills; how do they communicate if their workload is too much or if the deadline will not be met.

5.   Tell me about a time you had to raise an uncomfortable issue with another employee. Then tell me about a time you praised a coworker. What did you do? Culture is extremely important. Particularly when hiring for a team that works closely together, and on challenging projects, which is pretty much how every startup operates. “In a challenging environment like a startup, people tend to be closer-knit and form tighter bonds. The best startup teams support each other, embrace a common purpose, feel that they are in it together… and in the process, transform what was a collection of individuals into a real team.”

Once the talent is hired, the next step is retention. The office environment is frequently cited as a big factor in retention.  According to Business.com, 74% of coworkers are more productive in a coworking space. In our coworking space, we definitely see that productivity is the norm.  Most of our members are so productive that they achieve work/life balance, leaving the office by 6pm, and throughout the day they make the startup life look effortless and fun.

Workville’s office design and personal, hospitality approach to helping members leads to productivity. This is a primary reason Workville has a high membership retention rate, 95% of our member companies stay with us, with the 5% moving out largely because of location change to a new city or because they are moving into an accelerator program. The member companies themselves have high retention rates too. Member companies often feature Workville in promotional videos for employee prospecting, as a showcase of the happy, productive, inspiring culture.

The Workville team loves supporting our scaling member companies. Contact info@workvillenyc.com to learn more about our member retention rate and the best practices our members use to successfully hire and retain leading talent.

Workville Coworking Space Member Company in Conference Room

Fortune 500 companies embrace Coworking

By | Announcements, brands, Co-Working, companies, networking, Partnerships, Uncategorized | No Comments

Coworking has achieved a new level of disruption to the commercial real estate industry.

According to a Q3 Occupier Survey published by brokerage firm CBRE, 44% of corporations use a form of flexible office space solutions. Brokerage firm JLL projects that by 2020, 30% of all office space will feature flexible terms and open layout design. Flexible work schedules and financial incentives are spurring this change, as well as productivity advantages of working in a collaborative, innovative environment.

This is a huge evolution from when the industry began in 2008. Ten years ago coworking spaces were little-known, fledgling operations. The perception was that it was a millenial-driven trend of affordable office space for freelancers and small start-ups.

Now companies like Microsoft, IBM, and Barclays are backing incubators and leasing offices in coworking spaces. There is a clear benefit to funding incubators – it provides direct access to ideation, innovation, and talent. Coworking space offers similar benefits. Teams accustomed to internal office politics can now be immersed in the creative energy of dynamic coworking spaces, which leads to innovation and networking with leading disruptors.

The shared cost-benefit of coworking is also a driving force in its exponential growth. Shared workspace makes sense for any company entering a new market. From Fortune 500’s to startups, expansion strategies usually start with small, agile teams. Agile growth plans require flexible office space and low overhead. Brokreage firm, Colliers, sites flexible shared office space as a 25% savings on rent alone. There is, of course, the additional savings from the shared amenities.

Coworking space design is also leading innovation, with floorplans that emphasize human-centric design to generate collaboration. Or more simply, sometimes employees just want to move around during the day to keep their energy fresh and productivity levels high.

The question is – how well do corporate personalities and entrepreneurs mix together in one workspace?

Workville’s midtown coworking space bridges the gap between leading startups and corporations. Experienced entrepreneurs and founders choose the Workville shared space.

Having previously held executive-level corporate positions, or previously launched a startup that was acquired by a corporation, Workville’s members are well connected. They embrace coworking for the entrepreneurial spirit it fosters. Ideation and innovation are driven by an inherent love for problem-solving. Entrepreneurs see industry gaps and enjoy pushing the limits in order to pioneer solutions. In addition, experienced entrepreneurs understand the value of knowledge, resources, and mass market appeal that corporations offer.

Workville’s welcoming workspace fosters the synergy between growth stage startups, Fortune 500 companies, and the Venture Capitalists funding startups. Workville achieves this by maintaining the very essence of NYC’s tech scene – a shared, friendly experience with an incredibly smart, tight-knit community in which everyone’s value is appreciated.

workville nyc coworking space lounge area

Email info@workvillenyc.com to learn more about Workville’s ecosystem of industry leaders.

How Millennials Created CoWorking

By | Announcements, brands, Co-Working, companies, networking, Newsletter, Partnerships, services, Uncategorized | No Comments

Workville coworking spaceCoworking spaces have become a big thing for ALL ages, and the first choice for many millennials.

In 2007, the United States had only 14 registered coworking spaces. The number has since skyrocketed, with over hundreds of thousands of coworking spaces opening across the globe, which equates to over 1.7 million choosing shared office spaces. With the numbers steadily increasing at a 41% compounded annual growth rate, all eyes are now on coworking. So, how did millennials kick-start this coworking trend?

  1. Choosing small enterprise or startups versus corporate – Unsure of the job market and unsatisfied with traditional job descriptions, many millennials choose startups or freelancing. Coworking spaces support their flexible lifestyle – offering cost-effective, flexible membership terms. Traditional commercial real estate leases are a daunting, long-term three – five-year commitment. Startups can scale and downsize at the drop of a hat, so the idea of a long-term commitment does not match the needs of their business model.
  2. Millenials embrace the shared economy – Shared offices are like the best of a Netflix and Uber experience: select a service plan based on your actual needs, share the cost of service with like-minded peers, in a user-friendly, comfortable environment.
  3. Networking and mentoring – Startups and small enterprises tend to be very lean, so the shared workspace is an opportunity for cross-communication and outsourcing.  Millenials also have the opportunity to interact with more seasoned professionals but without the intimidating office politics. This creates great mentor opportunities, and for seasoned professionals, a chance to connect and learn from a generation of innovative thinkers.
  4. Productivity over office politics – Coworking members enjoy a collegiate feeling in their workspace. Working around motivated, energetic people is infectious. Creativity and drive is the norm for the coworking atmosphere, which may explain why so many successful disruptors choose coworking.

coworking space trendsVisit Workvillenyc.com midtown Manhattan coworking space to experience the new way of working. Our space supports the needs of growth-stage startups and thought-leaders.

 

 

 

New Year, New Press. Workville is Featured in TravelMag Best CoWorking Spaces!

By | Announcements, brands, Co-Working, Interviews, Newsletter, services, travel, Uncategorized | No Comments

Nothing like starting the New Year with a feature in our favorite, TravelMag! Read below to see what they have to say about Workville’s coworking space. 

The nature of work is evolving, and one of the biggest changes is the number of self-employed and remote workers around the world. Of course, the stereotype of flat-white drinking, MacBook Air wielding hipsters huddled in cafes and coffee shop will be hard to shift, but one way in which freelancers are gaining a more ‘professional’ reputation is through the proliferation of co-working spaces, which can now be found in most major cities. At these venues, so-called communal desks and private offices are available for hourly, daily, monthly or annual rent, either for individuals or small companies, who then have access to all of the location’s amenities, as well as the chance to meet like-minded workers too.

Rated the number one Best Coworking Space in New York by Yelp, Workville has built a reputation for fostering the city’s most talented growth-stage startups. It is also one of the most luxurious co-working locations in the city, featuring spacious offices and open desks, along with sumptuous private terraces where you can kick back and relax, or even take your laptop if you prefer. With over 300 members, including a number of thought leaders and industry disrupters, this is certainly a space where people are focussed on success. The atmosphere is a harmonious mix of professional and friendly, largely due to the management team’s style which focuses on being hands-on and personable. To accommodate growing member demand, Workville recently launched a brand new floor exclusively for large-team offices with between 8 and 25 staff.

LOCATION 1412 Broadway. Members have 24/7 Access. Front Desk hours are Mon-Fri 9am-5pm. Closed Sat-Sun WEBSITE www.workvillenyc.com

Workville

Desks at the Workville co-working space (Photo: Leonardo Mascaro)

Streaming Netflix while you Work.

By | Announcements, brands, Co-Working, companies, Newsletter, services, Uncategorized | No Comments

Walk the halls of our coworking space and you’ll see some multi-taskers working on one computer, and streaming a TV show on another computer. We’re not judging, we’re impressed. It is incredible how technology changes TV watching patterns. Netflix is both the pioneer and industry leader for these changes. As of today, your Netflix subscription will also cost you a whole $1 more.

coworking space member works on one computer and watches Netflix on another computerNetflix produces hundreds of original series (House of Cards!!), and dozens of original movies, documentaries and comedy specials, which has largely attributed to their huge market share. They also smartly set expectations for the customer viewing experience, because streaming media and on-demand videos are not consistent experiences across all devices. So, as a customer, if you have that $7.99 service plan you can stream small definition on one screen at a time. $9.99 service plans enable users to stream in high definition on two devices at once. And for $11.99, users get 4K streaming and 4 devices.

Now we’re breaking the news – $7.99 plans will remain the same, $9.99 plans are jumping all the way up to $10.99 (insert wink), and $11.99 plans are increasing 16% to $13.99. Here’s where you should pay attention…the $13.99 plan is for 4K ultra HD TV and an internet connection fast enough for 4K.  It’s safe to say that Netflix is planning for the future, and they are assuming 4K will be more mainstream and in big demand sooner than we think.

Workville coworking members enjoy watching netflix and attending Netflix events like this one.

Here at Workville, our members in the coworking space are early adaptors and disruptors – we’ll let you know when 4K devices become the norm at Workville.

Feel free to contact info@workvillenyc.com if you’d like to take your own tour of our workspace.

 

Workville Member Spotlight: Zyp Home Cleaning

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Introducing, one of Workville’s newest members, Zyp home cleaning.

Unlike the other cleaning/task apps out there, Zyp allows you to customize your cleaning service the way you want it; you only pay for what you need to be done. You can book a cleaning for a single room (bathroom, bedroom, or living room) starting at $24.99, up to an entire home cleaning. And quoted rates include all cleaning supplies.

There are customizable options too, for those simple but cumbersome chores like fridge clean-out our hand-washing dishes.

The business model is scalable because Zyp App works well for both the individual and neighborhood alike (whether it be your building or your block). Zypp App works from apartment to apartment, house to house, servicing each customized request.

Hailing from Boston with a stronghold on that market, Zyp is now expanding into NYC.

The founders of Zyp are not only the newest members of Workville, they are also the youngest. At only 23 they have already gone through the Lumos 10-week accelerator.

Book a Zyp home cleaning today and receive 10% off your first cleaning with the referral code: NYCLAUNCH

We’re thrilled to welcome Zyp as a member company to Workville, our Midtown coworking and office space. But it’s much more than just office space. Workville can only be defined by our members. Companies like Zyp, Function of Beauty, and Lampix VR, for example. It’s these companies that make Workville the best NYC coworking space today.

If you’d like to visit the coworking and office space at Workville NYC, please schedule a tour.

Apple’s Redesigned, High-End iPhone: iPhone 8 aka iPhone Pro Has Leaked

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After Apple released firmware for the upcoming HomePod speaker, a Brazilian developer named Guilherme Rambo saw an opportunity to dig into the code, and he discovered something he didn’t expect: Apple’s new iPhone.

Publications like CNBC, MacRumors, BGR, and The Verge have all suggested a new iPhone announcement for September. But Rambo’s recent discovery has revealed the most information we have on the new product, straight from Apple itself no less!

What have we to expect from the new iPhone 8?

Well, it seems that there is no longer a home button. Does this mean the death of fingerprint unlocking?

And Rambo’s digging into the code unearthed some script that suggests facial-recognition software. Perhaps we’re moving from fingerprints to faces?

Also, it seems the phone will be bezel-less, like a Samsung phone. It also seems that the new iPhone will use a new battery icon. Does this suggest a new charging mechanism?

In the coworking world, new tech is always exciting! Most members at Workville have followed along with the evolution of the iPhone since its premiere 10 years ago. It’s safe to say that most members at coworking spaces in new york city use iPhones. You’d be hard pressed to visit and office space in midtown Manhattan and see anyone using landlines these days. In fact, it feels outdated even calling these devices “phones,” doesn’t it? Ha!

Isn’t the future grand!?

Is Your Roomba Spying On You?

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High-end models of Roomba, iRobot’s robotic vacuum, collect data as they clean, identifying the locations of your walls and furniture. This helps them avoid crashing into your couch, but it also creates a map of your home that iRobot is considering selling to Amazon, Apple or Google.

Colin Angle, chief executive of iRobot, told Reuters that a deal could come in the next two years, though iRobot said in a statement on Tuesday: “We have not formed any plans to sell data.”

In the hands of a company like Amazon, Apple or Google, that data could fuel new “smart” home products.

“Just remember that the Roomba knows what room your child is in,” Rhett Jones wrote in Gizmodo. “It’s the one where it bumps into all the toys on the floor.”

Albert Gidari, director of privacy at the Stanford Center for Internet and Society, said that if iRobot did sell the data, it would raise a variety of legal questions.

What happens if a Roomba user consents to the data collection and later sells his or her home — especially furnished — and now the buyers of the data have a map of a home that belongs to someone who didn’t consent, Mr. Gidari asked. How long is the data kept? If the house burns down, can the insurance company obtain the data and use it to identify possible causes? Can the police use it after a robbery?

The potential of “smart” tech and data collection is often the topic of discussion at coworking spaces in NYC. At Workville, our private office and coworking members work across a variety of fields and industries but they all have one thing in common: data collection. Whether it’s an email list of newsletter subscribers, a targeted ad campaign on Facebook, or trends in product inventory, every member company at Workville collects and utilizes data. That’s nothing new.

But when we talk about selling that data, like iRobot is discussing, well, that’s a different situation altogether. And as the tech progresses we’ll certainly see more precedents for the legality in that regard.

The Supreme Court has held that Americans have “a reasonable expectation of privacy in your home,” Mr. Gidari said. “Once your home is turned inside out, does that reasonable expectation of privacy dissipate?”

GoDaddy Leads The Battle Against Sexism in Tech

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Reading recent headlines, including high-profile scandals at Uber, one would think the tech world is becoming more and more machismo every day.

But one such company, a purveyor of controversial and scandalous Super Bowl ads, has spent the last few years reconfiguring their approach to advertising as well as their office culture and recruiting processes. GoDaddy, under the helm of chief executive Blake Irving, is practically a different company than it was four years ago. And it has certainly flourished as a result.

Today, GoDaddy is worth over $7 billion.

How did GoDaddy successfully battle sexism and change their company top down?

As reported in the NYT: GoDaddy focused on attacking the small, subtle biases that can influence everything from how executives evaluate employees to how they set salaries.

GoDaddy overhauled its employee evaluation forms, replacing open-ended questions with specific criteria that evaluated employees’ impact, rather than their character. Instead of asking if someone is good at communicating, the new evaluation form asked managers to document instances when an employee shared knowledge with a colleague, or collaborated with a team.

The results?

GoDaddy is now recognized as being among the nation’s top workplaces for women in tech.

Today, almost 25% of GoDaddy’s employees are women, including 21% of its technical staff. In 2016, 50% of new engineers hired were female and 26% of senior leadership are women.

It seems perhaps this could be a signal to other companies looking for change. It’s possible.

After all those Super Bowl ads, who would’ve thought GoDaddy would be a bastion of gender equality!?

Bill Gates Offers Advice to New Grads in 300 Words – And Crushes It.

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This month, college students all over the USA and the world will be graduating and entering the “real world” otherwise known as the work force. How many of them will be entrepreneurs? How many of them will help solve the world’s greatest problems?

As automation and technology advances at an exponential rate, what fields and industries will still yield jobs for our recent graduates?

Enter Bill Gates, with some sage advice – posted to Twitter of course. Here is the full text, taken from his tweets…

AI, energy, and biosciences are promising fields where you can make a huge impact. It’s what I would do if starting out today. Looking back on when I left college, there are some things I wish I had known. E.g. Intelligence takes many different forms. It is not one-dimensional. And not as important as I used to think.

I also have one big regret: When I left school, I knew little about the world’s worst inequities. Took me decades to learn. You know more than I did when I was your age. You can start fighting inequity, whether down the street or around the world, sooner.

Meanwhile, surround yourself with people who challenge you, teach you, and push you to be your best self. As Melinda Gates does for me. Like Warren Buffett I measure my happiness by whether people close to me are happy and love me, & by the difference I make for others.

If I could give each of you a graduation present, it would be this–the most inspiring book I’ve ever read (The Better Angels Of Our Nature). [Author Steven Pinker] shows how the world is getting better. Sounds crazy, but it’s true. This is the most peaceful time in human history.

 

And, it’s worth mentioning that his advice begins with the all-too-famous scene from 1967’s The Graduate…

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