ECS 153 Co-working space Seoul

TOP 5 Things Startups should know about coworking space Flexible and convenient:                                                                                                                  Working in a coworking space is an ideal environment for both Freelancers and Startups, they can benefit of a flexible lease compare to an office where the lease is around 2 years, in a coworking space it can be a minimum of 6 months. For most of the coworking space, the access is 24/7 which allowed to manage the schedule without any constraint.                                                 ...

1.       Stop Multitasking The human brain is NOT built for multitasking. It’s very counterproductive to any of the work you are doing and lowers your productivity by a large amount. Research shows that productivity can drop by more than 40% when you are constantly multitasking! Easily increase your productivity by focusing on completing one task at a time. 2.      Take Breaks Regularly Although it might sound counterintuitive, having regular breaks will improve your productivity. Multiple studies have shown that if you continuous work on a project or task without breaks, your performance drops dramatically. A study conducted by DeskTime discovered that the top 10% most productive workers worked an average of 52 minutes and then took a 17-minute break. Therefore, next time you have a big project coming up break it how into focused times and break time in order to get more work done! 3.  ...

Newcomers guide to finding your way in Seoul, South Korea Flights tickets booked, hotel reserved, ready for a new adventure?! Now the trip preparation is on and you are excited to move forward on it, after listing the seesights on place you must start drawing up your journey. Instead of the word of mouth, the internet is an unlimited source of information, you should consider both website and blog. Visit kora Visit korea is the official website of the tourism organization of Korea, the website will make you able to find information about the transportation in and outside Seoul. For Seoul, the website is offering information concerning: -The subways -The taxis -The transportation cards Good to know: in Seoul, the subways is the transportation the more advantageous and favorite among locals and tourists. Klook travel klook travel website propose to visitors to discover locals attractions and activities, their blog give some insights to facilitate your journey. He...

With the recent news about Coworking Space giant WeWork’s job cuts, everyone is wondering how the coworking space market will react.   WeWork has recently suffered from its delayed IPO and news about job cuts has put the company in financial turmoil. Many smaller coworking companies have seen this as an opportunity to help fill the potential void left behind by WeWork’s downsizing. Smaller companies are not looking to expand as big as the coworking giant, but rather they are focused on sustainable growth. They want their tenants to ne long-term partners in their space and not focus on a venture-funded business model which could lead to huge profit losses. Many of these large coworking space companies overcharge their tenants and grant limited access to resources in order to cut costs which still maintaining a high margin, this in turns gives customers a high rent and lower quality of services. Smaller coworking spaces are focus on giving higher qu...

1.       There are nearly 19,000 coworking spaces worldwide in 2019 . It’s expected to reach almost 26,000 by 2025. Coworking is becoming a big trend globally and many individuals are choosing to work in a collaborative and open space that allows for interaction among members. 2.       There are more than 30,000 flexible work spaces globally in 2019. Flexible workspaces are becoming more popular with both freelancers and enterprise companies. Their numbers are expected to double from the current, 26,000 to about 52,000 by 2022. This is mainly due to the new influx of coworking spaces popping up around the globe. 3.       Freelancers are still the largest coworking demographic in the coworking world. About 41% of coworking spaces are populated by freelancers. Corporate offices are not far behind at 36%, and this number is expected to grow because enterprises are looking for...

Hangul Day is a national holiday in Korea to celebrate the Korean alphabet. This day is known as 한글날 or han-gul-nal in Korean, and is also known as ‘Korean Language Day’. Hangul Day in celebrated on October 9th is South Korea, and on January 15th north of the DMZ. This marks a proud achievement for the Korean peninsula and serves as a reminder of the modernization of the country. History of Hangul The Korean alphabet is different from a majority of the world’s language systems, rather than evolving over time like most languages do naturally, it was deliberately made by King Sejong and his fellows. Back during the fifteenth century, Koreans used Chinese characters to write. These Chinese characters are known as ‘Hanja’, and are still used from time to time, usually on calendars. In 1443, King Sejong decided that it would best for Korea to have its own language system and assembled a team to achieve his goal. Within a year, by 1444, the new Korean alphabet system, ...

Seoul city’s government have pushed an initiative to train up to 10,000 workers to fight against the ever-growing unemployment issue in South Korea, mainly through start-ups. It The fourth-industrial revolution is approaching quickly, and the Seoul Government believes that training for this revolution will help reduce the unemployment issues, particularly in youth. An Innovation Academy will need opened in November of this year to help prepare approximately 2,000 young professionals to be leaders and face the fourth industrial revolution head on. Another 8,000 workers will be employed by the Seoul Start-up Support Centre. The city plans to double the number of spaces for tech startup by 2022, from 1000 to 2000. Any entrepreneur can john the Seoul Start-up Membership and get the support they need to set up their business in South Korea.  Most importantly, the Seoul city government has made a big effort to make it easier for young foreigner entrepreneurs to get a ...

National Foundation Day, October 3rd 2019 Also known as Gaecheonjeol, (“Opening Sky Day” or “Festival of the Opening of Heaven”), National Foundation Day is Korea’s national holiday celebrating the foundation myth of the ancient Korean kingdom of Gojoseon. This national holiday hold an integral part of the Korean national identity. Ancient Roots Although traditions have evolved over time, the celeration of the “Festival of the Opening of Heaven” has very deep roots throughout Korea. In the past, this holiday was celebrated with a traditional harvest festival in which families would honoured their ancestors, gave thanks for a good harvest. The celebration of National Foundation Day were usually held on the 3 rd day of the 10 th month on the lunar calendar. Modern Celebrations One of the most prominent ways National Foundation Day is celebrated in modern times is with a ceremony at the Chamseongdan altar in Dangun Wanggeom’s honour. Chamseongdan is loca...

Chuseok Chuseok is one of South Korea’ largest holidays and it’s their version of Thanksgiving Day. This is one of the biggest and most important holidays in Korea because it represents family unity. Family members from near and far come together to share food and stories, once reunited they give thanks to their ancestors. Many Koreans visit their hometowns outside of Seoul which leave the busy city practically empty during these few days. This holiday gives people the opportunity to experience traditional food and travel around Korea. Traditionally Koreans wear a Hanbok the traditional Korean custom, when visiting their siblings, wish upon the full moon for family welfare and happiness while playing Korean traditional folk games. The first son from each family are given the huge responsibility for getting everything ready. From the preparation of the table for their ancestors which consist to from east to west, order of the food and beverages has to be wel...

National Liberation Day of Korea 광복절 Have you noticed anything different on the streets of Korea in August? Do you see the korean national flags hanging prominently on the shops, restaurants and national monuments in Korea? The national flags, "Taegeukgi" decorate the streets to celebrate National Liberation Day of Korea, Gwangbokjeol (광복절) on 15 August. The literal meaning of Gwangbokjeol is " The day the light returned, " symbolizing the end of the Japanese Imperialism in 1945, and this holiday is also celebrated in North Korea as Liberation of the Fatherland Day (조국해방의 날). The day of Hope and Light Korea was officially liberated from the Japanese colony in 1945 when World War 2 ended. Japan declared unconditional surrender on this day, and allowed Korea to gain independence. "Gwangbok" means light has returned, and now Korea is a free country after being a Japanese colony for 36 years. Places to visit on Gwangbokjeol To commemorate Korea...

Why People Thrive in   Coworking Spaces By Gretchen Spreitzer , Peter Bacevice , Lyndon Garrett The article below is an excerpt from "Why People Thrive in Coworking Spaces", taken from  Harvard Business Review  from the September 2015 Issue. There seems to be something special about coworking spaces. As researchers who have, for years, studied how employees thrive, we were surprised to discover that people who belong to them report levels of thriving that approach an average of 6 on a 7-point scale. This is at least a point higher than the average for employees who do their jobs in regular offices, and something so unheard of that we had to look at the data again. It checked out. So we were curious: What makes coworking spaces – defined as membership-based workspaces where diverse groups of freelancers, remote workers, and other independent professionals work together in a shared, communal setting – so effective? And are there lessons for ...

Places to visit near ECS153 Located just 10 minutes away from ECS153, Samseong-dong Roasting Coffee House is a rustic cafe which serves quality coffee. The coffee beans are primarily imported from South America such as Brazil and Columbia. As soon we step into the cafe, we are greeted by the warm scents of premium coffee beans.  The cafe is chill and provides a conducive environment for business meetings or simply a place to chill and relax on a lazy afternoon.  The cafe is conveniently located next to Seonjeongneung which houses the royal tombs of King Seongjong, Queen Jeonghyeon, and King Jungjong of the Joseon Dynasty. It is a UNESCO World Heritage site and it is an ideal place for an afternoon stroll. Samseong-dong Roasting Coffee House Opening hours: 10am - 11pm daily Address: 49, Bongeunsa-ro 68-gil, Gangnam-gu, Seoul ( 서울 강남구 봉은사로 68길 49) Seonjeongneung (Royal Tombs) Opening hours: Mar - Oct 6am - 9...