Characteristics of shared houses and their benefits for entrepreneurs

What are the characteristics of shared houses and their advantages for entrepreneurs?
I have summarized it in two points below.

What is a share house?

A share house is a rental property where multiple people share a single residence. It has shared spaces such as a kitchen, living room, bathroom, and toilet, as well as each tenant's own room and private space.
In many properties, a management company takes care of the shared spaces, including cleaning and replenishing supplies.

Benefits of share houses for entrepreneurs

The biggest advantage of living in a shared house for entrepreneurs is that they can reduce their monthly rent and utility bills.
The rent for a shared house is cheaper than that for a typical property for one person, and utility bills are fixed, so your monthly fixed costs will not increase or decrease regardless of the season.
It's perfect for entrepreneurs who want to keep living expenses and basic expenses to a minimum and focus on their business.
Also, since shared houses come equipped with furniture and appliances, there is no need to purchase or transport furniture and appliances when moving. This is another major benefit as it keeps initial costs down.

The importance of forming a community in a share house

The importance of forming a community in a shared house can be summarized in the following three points.

Networking Opportunities

If you move into a shared house where many entrepreneurs live, you will have many opportunities to communicate with other entrepreneurs just by living in your own home.
You can also use it as a place to discuss business ideas with other entrepreneurs and exchange information.

A culture of mutual support

Since entrepreneurs are not part of a company, they tend to feel lonely.
By moving into a share house where many entrepreneurs live, you may meet someone who can act as a mentor and give you advice about your business ideas, or you may meet friends who can inspire you.
Another attraction of a shared house is being able to work and hold meetings together in common spaces.

A business idea nurtured in a shared house

In a shared house, you can use the common space to test out your business ideas.
Even if you come up with a business idea that would take a long time to realize on your own, in a shared house you can work with multiple entrepreneurs and move your business forward more quickly than if you were acting alone.
Another attractive feature is that you can use the common space to hold events and test business ideas.

Key points for entrepreneurs when choosing a share house

What points do entrepreneurs pay attention to when choosing a share house?
I have summarized it in three points below.

Location Selection

Location is an important factor when deciding where to live.
Look for a location near the station where your business hub is located that you regularly use for meetings, etc., or a location with good transportation access to that base station.
It is recommended to search not only train stations but also bus stops.
You may also want to work outside of your share house.
Be sure to check the atmosphere and how busy the nearby cafes and co-working spaces are.

Resident background

Since you will be living together in one residence, it is also important to understand the backgrounds of the other residents.
When you go to view the property, talk to the tenants to see if they share your values ​​and business approach.

The completeness of the facilities and equipment

There are three things to check when you visit the property:

1. Wi-Fi environment (data speed): Regarding the Wi-Fi environment, depending on the share house, some have fast Wi-Fi for business use, while others only have regular Wi-Fi.
When working, communication speed is an important point, so be sure to check it.

2. Working space: Check how large the shared office space is, such as working spaces and conference rooms, and how crowded it is.

3. Business using shared spaces: Some share houses regularly hold workshops and events organized by the residents.
This can be a business opportunity for you and a chance to expand your network, so be sure to check to see if any are being held.

Tips for enriching your entrepreneurial life in a shared house

What are some tips for enriching your entrepreneurial life in a share house?
I have summarized it in three points below.

Time management and privacy

I imagine it's difficult for entrepreneurs to switch on and off due to the nature of their job.
Especially in a shared house, you will often see other entrepreneurs being active, so you may feel anxious if you take a break.
However, time off is a good opportunity to absorb various things, so make sure to consciously take time off.
It is important to consider your own rules, such as not turning on your PC in private spaces such as a private room.

Communicating with residents is important

In a shared house, multiple people live in close proximity to each other, making it an environment where arguments are likely to occur.
Be considerate of the other person, and if an argument does break out, be sure to speak calmly.
Your impression of someone will be different depending on whether you are a complete stranger or someone you have never spoken to before, so it is important to be proactive in talking to other residents in the share house when you meet them.

Effective use of shared spaces

Some share houses use the common spaces to hold various events.
In shared houses, especially those with a lot of entrepreneurs, there are probably many opportunities to hold workshops and events.
Planning an event in a shared house is a good opportunity to communicate with other residents and engage in collaborative activities, so be sure to actively plan one using the common spaces.

summary

Shared houses offer many benefits to entrepreneurs, including the opportunity to gain inspiration and find co-workers.
When searching for a share house, it's important to choose a property with good public transport access, and also check the environment of the common spaces and whether they host any events.
I hope this article will be helpful for entrepreneurs looking for a shared house.