Category: Innovators

Shared Office Space Is the Answer to Overcrowding in NYC

 

In many places across the world, there are two major problems with finding office space to work out of. The first is that there isn’t always office space available for an up-and-coming company that is desperately in search of it. The second is that in the most competitive markets, it can sometimes be prohibitively expensive for a new company to afford the office space they need. Either one of these scenarios can potentially do a company in before it even gets started because it is difficult for an office to make money if it has no way to get people together and perform work so that it can continue to support itself.

This is especially true in a crowded place like New York City. The truth is, it is difficult to find office space in New York City, as there is often a rather long waiting list that businesses have to endure before they can even start looking for a place with any real hope of finding one. On the flip side of the coin, any space that they do find is probably going to be several times more expensive than they can actually afford, even for the smallest places that don’t really meet their needs.

Fortunately, there is an effective solution. Coworking space Workville NYC, a new movement has started taking place. It involves what is known by many as co-working spaces, or shared office space that is frequently shared between several different companies at one time. This is the perfect solution for anyone who is attempting to start a business or wants to move their office to a new location, yet doesn’t have the finances to come up with rent completely on their own.

It works like this. Several companies rent out a single space and then that rent is divided among the number of companies that are operating out of the same area. Of course, each company has the opportunity to create their own unique work space and everyone is given so many square feet so that it is divided up fairly. Think of it as renting a booth to sell crafts out of a store or renting space at a salon in order to perform massages, only in an office type of setting. It is a new way of doing business that is quickly taking hold, alleviating many of the financial concerns that new business owners have while simultaneously giving several businesses an opportunity to rent space in the same structure, often even on the same floor. It truly makes all the difference in the world between being able to grow and prosper or failing to make it in the business world. There is little doubt that what is catching on in New York City will ultimately become popular in other locations as well, as some places are already utilizing this technique with a great deal of success.

Brazilian Born Aviation Executive Starts A Low-Cost Airline That Will Service Brazilian Cities According To Bank Director Marcio Alaor

 

David Neeleman wasn’t a good student. He was diagnosed with attention deficit disorder when his family left São Paulo and moved to the United States. But Neeleman stuck with his studies even though he had a hard time reading and writing. The University of Utah accepted Neeleman, and he managed to stay there for three years even though his meds produced some nasty side effects. He finally threw away the meds and left school. David wanted to try his hand at business.

Marcio Alaor, the Vice-President and Director of BMG Bank, recently gave a speech about Brazilian businesses, and he brought up the David Neeleman story. In spite of his learning disability, Neeleman became one of the most respected people in the aviation industry. Neeleman recently invested in another airline with Portuguese businessman Humberto Pedrosa. Pedrosa is the owner Barraqueiro group in Portugal. The new airline, Transportes Aereos Portugueses, or TAP for short, will be a low-cost airline that services select Brazilian cities.

Alaor told the group that Neeleman is no stranger to the low-cost airline business. Neeleman own JetBlue and Morris Air in the United States, and WestJet in Canada. Low-cost airlines cater to consumers that want to save money, but TAP will also cater to consumers that want to travel comfortably. That combination is sorely needed in Brazil’s aviation market according to Alaor. Alaor likes to calls Neeleman. “Mr. Creative.”

The reason for the nickname is obvious, according to Alaor. Neeleman is a master at finding solutions to business challenges. The airline industry is a major challenge. It’s hard to survive in the airline business because the costs of doing business aren’t fixed. Costs change as the market changes, and airline executives find it hard to keep up with those changes. But Alaor says Neeleman is the exception.

Marcio Alaor is another creative individual. As Vice-President and Director of the BMG Bank, Alaor is responsible for mergers and acquisitions as well as bringing new business clients into the BMG family.

Marcio is part of the banking team that decided to sponsor football clubs, and that decision has turned BMG into one of the top banks in the industry. Thanks to Alaor, BMG competes with the big banks in the consignment credit business. BMG is the leader in that industry thanks to the support the bank receives from soccer fans.

Investing in the airline business is a risky venture, according to Alaor, but Neeleman track record lowers the risk. Alaor didn’t mention BMG Bank’s investment position with the new airline.