A New Venture

Venture X is a collaboration that brings together some of the best business minds in the industry.

Venture X was founded by entrepreneur and real estate investor, David Diamond and his son Brett Diamond. As a supporter of tech startups, David saw that coworking spaces increased the success of those businesses, while creating a social experience young entrepreneurs desired. David’s son, Brett, was also inspired by the coworking concept, and in 2012 the two founded Venture X together in Naples, Florida.

The days of working in a cramped cubicle are over for many people in today’s mobile work world. That has led to a rise of coworking spaces that allow for environments that are collaborative, inspiring, and stimulating.

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The Future of Coworking

Since 2013, there has been a 43% increase in the number of small businesses operating in Australia. This increase in entrepreneurship makes Venture X an attractive opportunity for those workers who want to benefit from a rich, collaborative working community.

After the origination of the first coworking spaces in Australia in 2007, the sector has grown significantly, with 750% growth recorded since 2013. The rise in freelancing, generational changes, structural economic changes, and the ‘sharing economy’ provides the perfect environment for the growth on coworking spaces.

Venture X is an attractive franchising model. Like others in the “sharing economy,” Venture X franchisees provide the modern, professional workspace and members buy private memberships which give them access to either open areas or private office spaces, whichever they prefer.

Multiple Revenue Streams

Many business models today are built on this collaborative model including transportation and vacation destination sharing. Venture X is at the forefront of this growing trend. Venture X’s unique combination of open space mixed with higher revenue private offices allows for higher income opportunities. Additional revenue can be generated from event hosting to further increase the bottom line of each location. Additional revenue can also be generated from the additional business services that will be provided.

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This exciting franchise opportunity begins with a simple discussion. Let’s talk about your future plans and how Venture X might be a part of it. There is no obligation and no immediate decision is required. Give us a call today at 1300 653 768.

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Sources: Knight Frank – Coworking Office Insight July 2016, The Conversation – Co-working is evolving to combine co-living, March 27, 2017