Is it Worth it Spending Money on a Nice Office? | Ep. #593

Nomzy Stholly

7 min

Investing & Markets

Description

In episode #593, Eric and Neil debate whether you need to spend money on a nice office. Tune in to hear the reasons you may need a great office space. TIME-STAMPED SHOW NOTES: <ul> <li>[00:27] Today’s Topic: Is it Worth it Spending Money on a Nice Office?</li> <li>[00:51] In a collaborative environment, it’s good to have everyone in the same space.</li> <li>[01:14] Eric pays about $11,000 for three sections in co-working spaces.</li> <li>[01:35] Now, they’re moving into their own dedicated space.</li> <li>[01:49] Offices are good for recruiting, it’s a great space to bring clients into, and it’s nice to have a home base.</li> <li>[02:13] If you are looking to build a culture, you need to have your own dedicated space.</li> <li>[02:27] A crappy space creates a crappy feeling.</li> <li>[02:45]However, Neil thinks it’s a waste of money to have a nice office, even though offices do serve an important purpose.</li> <li>[03:10] He would rather save money on the office and spend it on food or other community-related activities and things that build culture.</li> <li>[04:07] Nice offices are good for creative businesses and it helps create a positive perception.</li> <li>[04:40] Marketing warrants a nice office, in Eric’s opinion.</li> <li>[05:01] Neil prefers to sublet for a year at a time.</li> <li>[05:54] He thinks it’s too risky to sign up for years at a time.</li> <li>[06

Uploader

melody_bay

Episodes

Is it Worth it Spending Money on a Nice Office? | Ep. #593

Nomzy Stholly

7:27