how the “right brand of cool” helps ... - coworking space€¦ · in searching for the ideal...

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JOINESTY & INDUSTRIOUS THE CHALLENGE Joinesty, a SaaS startup building the next generation of password managers, needed an office that could help recruit and cater to top tech talent, without dedicating tons of resources to infrastructure and logistics. From the start of their office search, Joinesty CFO and Cofounder Steve Yoskowitz knew that coworking was the best option from a bottom-line standpoint. While shared office space made sense on paper, finding the right environment was difficult. “Other coworking spaces, at worst felt like a very standard office, and at best, they felt like they had manufactured cool.” While finding the right vibe was a key factor, as CFO, Steve had other considerations. As a growing start-up, Joinesty needed to cater to highly-valued recruits, who have high expectations for their workplace. “We knew we wanted to be able to hire really top tier tech talent,” explains Steve. “They want to be in an environment where they can feel comfortable, and a place that is convenient.” HOW THE “RIGHT BRAND OF COOL” HELPS JOINESTY RECRUIT AND RETAIN TOP TALENT CORE NEEDS Centrally located space for convenient commutes Flexible space to support a growing team Minimal office management requirements All-inclusive amenities at a reasonable cost Appealing environment for prospective employees in a competitive job market

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Page 1: HOW THE “RIGHT BRAND OF COOL” HELPS ... - Coworking Space€¦ · In searching for the ideal coworking space in the Chicago area, Steve and the Joinesty team did their due diligence

J O I N E S T Y & I N D U S T R I O U S

T H E C H A L L E N G EJ o i n e s t y , a S a a S s t a r t u p b u i l d i n g t h e n e x t g e n e r a t i o n o f p a s s w o r d m a n a g e r s , n e e d e d a n o f f i c e t h a t c o u l d h e l p r e c r u i t a n d c a t e r t o t o p t e c h t a l e n t , w i t h o u t d e d i c a t i n g t o n s o f r e s o u r c e s t o i n f r a s t r u c t u r e a n d l o g i s t i c s .

F r o m t h e s t a r t o f t h e i r o f f i c e s e a r c h , J o i n e s t y C F O a n d C o f o u n d e r S t e v e Yo s k o w i t z k n e w t h a t c o w o r k i n g w a s t h e b e s t o p t i o n f r o m a b o t t o m - l i n e s t a n d p o i n t .

W h i l e s h a r e d o f f i c e s p a c e m a d e s e n s e o n p a p e r , f i n d i n g t h e r i g h t e n v i r o n m e n t w a s d i f f i c u l t .

“ O t h e r c o w o r k i n g s p a c e s , a t w o r s t f e l t l i k e a v e r y s t a n d a r d o f f i c e , a n d a t b e s t , t h e y f e l t l i k e t h e y h a d m a n u f a c t u r e d c o o l . ”

W h i l e f i n d i n g t h e r i g h t v i b e w a s a k e y f a c t o r , a s C F O , S t e v e h a d o t h e r c o n s i d e r a t i o n s . A s a g r o w i n g s t a r t - u p , J o i n e s t y n e e d e d t o c a t e r t o h i g h l y - v a l u e d r e c r u i t s , w h o h a v e h i g h e x p e c t a t i o n s f o r t h e i r w o r k p l a c e .

“ W e k n e w w e w a n t e d t o b e a b l e t o h i r e r e a l l y t o p t i e r t e c h t a l e n t , ” e x p l a i n s S t e v e . “ T h e y w a n t t o b e i n a n e n v i r o n m e n t w h e r e t h e y c a n f e e l c o m f o r t a b l e , a n d a p l a c e

t h a t i s c o n v e n i e n t . ”

H O W T H E “R I G H T B R A N D O F C O O L” H E L P S J O I N E S T Y R E C R U I T A N D R E TA I N TO P TA L E N T

C O R E N E E D S• C e n t r a l l y l o c a t e d s p a c e f o r c o n v e n i e n t c o m m u t e s

• F l e x i b l e s p a c e t o s u p p o r t a g r o w i n g t e a m

• M i n i m a l o f f i c e m a n a g e m e n t r e q u i r e m e n t s

• A l l - i n c l u s i v e a m e n i t i e s a t a r e a s o n a b l e c o s t

• A p p e a l i n g e n v i r o n m e n t f o r p r o s p e c t i v e e m p l o y e e s i n a c o m p e t i t i v e j o b m a r k e t

Page 2: HOW THE “RIGHT BRAND OF COOL” HELPS ... - Coworking Space€¦ · In searching for the ideal coworking space in the Chicago area, Steve and the Joinesty team did their due diligence

J O I N E S T Y & I N D U S T R I O U S

T H E S O L U T I O N

I n s e a r c h i n g f o r t h e i d e a l c o w o r k i n g s p a c e i n t h e C h i c a g o a r e a , S t e v e a n d t h e J o i n e s t y

t e a m d i d t h e i r d u e d i l i g e n c e . A f t e r l o o k i n g a t 2 0 + o p t i o n s , I n d u s t r i o u s s t o o d o u t .

“ W h e n w e v i s i t e d I n d u s t r i o u s , i t f e l t a u t h e n t i c a l l y c o o l . ” H e c o n t i n u e s , “ T h e e m p l o y e e s

w e r e g e n u i n e l y w e l c o m i n g a n d f r i e n d l y , t h e s p a c e f e l t l i k e a g e n u i n e l y c o o l o f f i c e

s p a c e . A n d w h o e v e r t h e d e s i g n t e a m i s d i d a r e a l l y g o o d j o b d e s i g n i n g a n a e s t h e t i c t h a t

i s i n l i n e w i t h t h e f e e l . “

A f t e r m u l l i n g o v e r a l l t h e o p t i o n s , I n d u s t r i o u s f e l t l i k e t h e r i g h t c h o i c e f o r J o i n e s t y .

O v e r a y e a r i n t o t h e i r m e m b e r s h i p , t h a t h a s n ’ t c h a n g e d .

“ C o m i n g t o I n d u s t r i o u s w a s p r o b a b l y o n e o f t h e b e s t d e c i s i o n s w e m a d e a s a c o m p a n y , ”

s a i d S t e v e . “ T h e r e i s n o q u e s t i o n , p e o p l e w a l k i n a n d t h e y l o v e t h e s p a c e , a n d t h e y c a n

s e e h o w c o o l i t c o u l d b e t o w o r k h e r e . I t ’ s a l m o s t l i k e w o r k i n g a t a n A p p l e o r G o o g l e .

W h e n I ’ m h e r e , I h a v e e v e r y t h i n g I n e e d . ”

“C o m i n g t o I n d u s t r i o u s w a s p r o b a b l y o n e o f t h e b e s t d e c i s i o n s w e m a d e a s a c o m p a ny.”

— S t e ve Yo s ko w i t z , Jo i n e s t y C F O & C o f o u n d e r

K E Y R E S U L T S

• Te a m g r o w t h f r o m 2 t o 5 s i n c e m o v i n g i n t o I n d u s t r i o u s C h i c a g o R i v e r N o r t h , w i t h

p l a n s t o a d d m o r e e m p l o y e e s

• B o o s t i n t e a m m o r a l e a s a r e s u l t o f c o m p l i m e n t a r y b r e a k f a s t a n d s n a c k s

e a c h m o r n i n g

• 2 4 / 7 a c c e s s t o t h e o f f i c e f o r a l l - h o u r s m e e t i n g s w i t h t e a m m e m b e r s s p r e a d

a c r o s s 8 t i m e z o n e s

• U s e o f c o n f e r e n c e r o o m s f o r j o b i n t e r v i e w s a n d i m p o r t a n t m e e t i n g s