Running a business or starting a venture can be both fulfilling and exciting. It can also take a toll on one’s mental health and well-being, and founders and business leaders are three times more likely to report poor mental health. Loneliness is one of the most significant contributors to stress, depression, anxiety, and fear – all of which can negatively impact both personal and professional life. But that’s where coworking comes in – coworking can be a vital tool for combating loneliness and fostering healthy habits among workers.
Founders and founding teams have to put themselves out there and shoulder all of the responsibility to create opportunities for others. This pressure can leave them feeling isolated and struggling with their mental health. Overcoming the fear of failure is one of the most challenging aspects of entrepreneurship, and it can be challenging to open up to others about vulnerabilities. But that’s where coworking spaces can be of immense help. Community-based coworking spaces encourage conversation and mutual aid in an environment where people can support one another.
Loneliness should not be considered a natural part of entrepreneurship; instead, it should be treated as a real problem affecting the well-being of business leaders. Coworking spaces create an environment that can help alleviate isolation by providing a space to meet others, share ideas, and even collaborate on a project. Members can start to form connections with fellow coworkers and reduce the pressure of running a business by connecting with individuals facing similar challenges.
Coworking spaces also provide added benefits, such as access to workshops, social events, and other resources to help individuals thrive. These resources contribute to easing anxiety and stress amongst members, as they have an opportunity to learn and engage with others. Coworking spaces have become a valuable tool for individuals seeking support, collaboration, and a sense of belonging.
May is Mental Health Awareness month, and it’s a perfect time for coworking operators to download the Tools4Founders toolkit, post the graphics on their social media, in their bathroom stalls, and in their newsletters and start conversations with their teams and members. It’s essential to acknowledge the importance of mental health and to have meaningful conversations about fostering safe spaces that support mental well-being. Coworking operators can have a positive impact on their members that struggle along their entrepreneurship journey.
Running a business or starting a venture can feel like a lonely journey, but it doesn’t have to be. Coworking spaces provide an antidote for loneliness and poor mental health by offering an environment that supports individuals and fosters a sense of community. The magic of coworking is that it’s a proven tool that encourages conversation, creativity, and collaboration. So, let’s take advantage of Mental Health Awareness Month to start conversations, foster supportive environments, and prioritize mental health among our member communities.