Stories of Innovation, Collaboration,
and Success

The COVID-19 pandemic has redefined the way we work, giving rise to a new debate: Is it better to work from home or in an office? Both have their merits and drawbacks, and the best choice often depends on individual needs and the nature of the work. Here's a balanced look at both options to help you make an informed decision.

The coworking landscape has evolved dramatically over the years, becoming a staple for freelancers, startups, and even established businesses. With a myriad of options available, how do you choose the right coworking space that aligns with your professional needs and aspirations? Here's a comprehensive guide to help you make an informed decision.

Understand Your Needs

Actionable Tip: Before diving into your search, list down your top three non-negotiables. Whether it's 24/7 access, high-speed internet, or a central location, knowing what you can't compromise on will narrow down your options.

Location Matters

The location of your coworking space can significantly impact your daily routine and business operations.

Actionable Tip: Choose a location that's convenient for both you and your clients. Central locations often provide the added benefit of networking opportunities, given their proximity to business districts.

Amenities and Facilities

From meeting rooms equipped with the latest AV facilities to private offices, the amenities can make or break your coworking experience.

Actionable Tip: Make a list of essential amenities that you'll need and ensure your chosen coworking space provides them.

Community and Networking

One of the most underrated aspects of a coworking space is the community it offers.

Actionable Tip: Look for coworking spaces that host networking events, workshops, or mentorship programs. These can provide invaluable opportunities to grow your network and learn new skills.

Flexibility

The needs of your business will change as it grows.

Actionable Tip: Opt for coworking spaces that offer flexible plans, allowing you to scale up or down depending on your needs.

Budget

While coworking spaces can offer a host of benefits, they also come at a cost.

Actionable Tip: Be clear about what's included in your membership fee and what comes as an extra charge. This will help you manage your budget more effectively.

Why Tank Stream Labs?

If you're looking for a coworking space that ticks all these boxes, consider becoming a member of Tank Stream Labs. Centrally located with a range of flexible options to suit businesses at every stage, Tank Stream Labs is more than just a workspace; it's a community that fosters innovation, collaboration, and excellence.

Call to Action: Ready to take the next step in your professional journey? Join Tank Stream Labs today.

Coworking spaces have become more than just a trend; they are now a mainstay in the modern work environment. While these spaces offer a host of amenities and networking opportunities, how can you ensure you're truly getting the most out of your coworking experience? Here are some expert tips to guide you.

After months of careful planning, we are excited to announce the launch of the first annual Australian Startup to Scaleup Summit (S2S Summit), brought to you by Tank Stream Labs.

The Startup to Scaleup Summit 2023 celebrates the key milestones in a founder's journey from idea through to successful exit. The carefully curated program has been crafted to represent all stages of the founder journey involving all ecosystem partners including founders, investors, accelerators/incubators, universities, corporations, and government.

The conference is the brainchild of Tank Stream Labs CEO Bradley Delamare who believes events are at the forefront of the start-up ecosystem "The Australian start-up ecosystem has been missing a large conference for the past 3 to 4 years. The vision of the Startup 2 Scaleup Summit is to bring this much-needed platform to the Australian startup and scaleup ecosystem.

The summit provides a unique opportunity for both emerging and established business leaders to gain fresh insights, learn from industry pioneers, and forge vital connections across the entrepreneurial landscape. With a change in the way people work, networking opportunities have been limited due to working from home. What better way to get people together than a large conference with a fantastic lineup of speakers and content"

The summit will have an action-packed agenda including keynote presentations, panel discussions, education, leadership development, and networking with fellow peers and industry leaders in the Australian startup and scaleup ecosystem. On top of the Summit program, we have two exciting initiatives for participants to be involved in:

Demo Showcase - Exhibiting a selection of innovative Australian technology-focused start-ups across a range of industries. Pitch Competition - There will be an opportunity for any startup/scaleup that has purchased a ticket to apply to enter the S2S Summit Pitch Competition in partnership with Startup&Angels, with a $10,000 prize.

Registration for the summit is now open, with a launch week special of $99 per ticket and full-price tickets at $199.

Mark your calendars for Thursday, November 16th, 2023, for this full-day event.

We are excited to share the latest achievement of our community member, Stockspot – a fintech company that's reshaping the investment landscape in Australia. Mirae Asset Global Investments, based in South Korea, has invested $28 million in Stockspot, marking a significant milestone in their journey.

With Stockspot managing $650 million for 13,000 clients since its 2013 inception, this raise will allow Stockspot to allow Stockspot to further enhance its technology and continue developing innovative products and services for its clients.

Chris Brycki, Stockspot's founder, commented on the news to Money Management, "With Mirae Asset Global Investments’ support, we are poised to reshape the investment landscape and redefine how Australians approach wealth management.”

We are proud to have Stockspot as part of our Tank Stream Labs community, driving fintech innovation.

Recently Tank Stream Labs CEO Bradley Delamare sat down with Stockspot founder Chris Brycki on our podcast Tank Stream Speaks. Here he shared insights into Stockspots journey and vision. We invite you to check out this episode for a deeper dive into the innovative world of Stockspot.

We are thrilled to announce our partnership with FinTech Labs, led by industry leader Glen Frost, Founder of the renowned FinTech Awards and FinTech Summit. This collaboration underlines our joint commitment to nurturing fintech innovation and building a thriving community.

FinTech Labs supported by Tank Stream Labs, Australian FinTech & StartUp ScaleUp will serve as a vital platform for fintech entrepreneurs to connect, collaborate, and share insights, driving the progress of the industry. The collaboration opens doors to investors and venture capitalists, a crucial factor in propelling the growth of fintech startups.

Through this fintech startups can tap into the expertise of industry veterans and advisors, gaining valuable insights for their journey.

With the support of Australian FinTech and StartUp ScaleUp, this partnership is set to create new avenues for growth. As we all share a common goal of empowering fintech startups, establishing a comprehensive ecosystem for success.

While the initial events will focus on Sydney, Fintech Labs envisions expanding to other cities, further strengthening collaboration among fintech leaders nationwide.

Join us for the first event at our Sydney Startup Hub on 28th September.

Read more about the launch of FinTech Labs here.

Join us in shaping the future of fintech. Stay tuned for updates.

In the vibrant ecosystem of Sydney's coworking spaces, one name stands out - Techstars Central LLC. Founded in 2006 by a team of forward-thinking entrepreneurs - Brad Feld, David Brown, David Cohen, and Jared Polis - this American-born powerhouse has established its presence in Sydney's coworking scene, operating from the innovative hub of Tank Stream Labs.

As a global platform that provides investment and innovation, Techstars has been instrumental in driving change across numerous industries, particularly in healthtech, AI, and medical devices. Its diverse portfolio boasts a market cap of $8.1 billion, highlighting the scale of its operations and its significant contribution to the startup ecosystem.

Operating from Scaleup Hub, Level 2 at Tank Stream Labs, Techstars Central LLC exemplifies the potential of Sydney's coworking spaces. The company's choice of office space underlines its commitment to collaboration, community, and innovation - all key elements of the coworking ethos.

Techstars operates four divisions:

1. The Techstars Mentorship-Driven Accelerator Program, which supercharges success for startups,
2. Techstars Startup Programs, which inspire, educate, and connect entrepreneurs,
3. Techstars Venture Capital Fund, which invests in the most innovative and disruptive companies,
4. Techstars Corporate Innovation Partnerships, which helps brands create products and services.

With these divisions, Techstars contributes to the dynamism and variety of Sydney's coworking landscape.

Recently, Techstars hit the fundraising market, aiming to raise a staggering $300 million. Despite a slowdown in the industry, Techstars is optimistic about attracting investor interest, demonstrating the resilience and tenacity of startups operating from coworking spaces​.

Tank Stream Labs is proud to host Techstars Central LLC in our coworking space. As Sydney's coworking scene continues to grow, we remain committed to providing a nurturing environment for startups like Techstars. With access to top-tier office spaces, networking events, and a supportive community, we strive to make Sydney coworking synonymous with entrepreneurial success.

For more information about Techstars Central LLC, visit their website at https://www.techstars.com/. If you're looking for a Sydney coworking space that fosters innovation and growth, come and explore what Tank Stream Labs has to offer.

Entrepreneurship is on the rise. Every year, new businesses are created all around the world to provide new products or services.

With more than 500 million entrepreneurs in the world in 2021, startups are key drivers in innovation and for the economy. In fact, Australian Small and Medium Enterprises (SMEs) account for almost 50% of the country’s employment. Of the 10.5 million employed Australians, 4.8 million work for small businesses. The global pandemic has also facilitated a surge of new businesses with people launching their own ventures as a result of career and lifestyle choices.

But why do so many people decide to start their own businesses?

There are many reasons why people decide to start a business. Over the past 10 years, Tank Stream Labs have been at the forefront of startups and have seen thousands of individuals start their own journey. We have gathered the top reasons why entrepreneurs take the leap and decide to commence their startup journey.

Following a Passion

Most entrepreneurs share one key defining feature, namely, passion. Passion is the fuel that entrepreneurs need to keep motivated when navigating the rewarding, but also potentially challenging world as a business owner. Research shows that passion is an important predictor of an entrepreneur's persistence, creativity and venture success. In other words, the more passionate an entrepreneur is about their business idea, the more likely they are to succeed in their business venture.

An entrepreneur can be passionate about many things, the particular service they provide, the products they develop or they might be passionate about a solution to a problem that their business solves.

For many entrepreneurs, starting their own business has always been a dream. They were passionate about a certain industry or customer problem and decided to take the steps needed to fulfil their goals of becoming a business owner. What sets successful entrepreneurs apart from others is their ability to execute their passion into a sustainable business.

Continued Motivation

Most entrepreneurs will say their drive to become a business owner lies in their motivation. Entrepreneurial motivation is essential for aspiring business owners, it can transform an ordinary individual to a successful business owner, who creates opportunities and maximises wealth.

Now, every business owner and business is different, therefore their motivational factors will differ. But there are similarities amongst entrepreneurs in where they find their motivation, for example the freedom that comes with running a business, greater income, the need to make a difference, and perhaps most importantly, greater influence and control.

Control

As an employee of a company you are very limited to the input that you can have to shape the direction of a company. The ability to control the direction of a company and exert creative control over all aspects of a company is often a deciding factor for aspiring entrepreneurs to leave their respective role and start their own business.

When you are your own boss you get to call the shots, make the strategic decisions and drive the company forward in the direction you want. Having control and being responsible for all aspects of the business is ultimately why many people decide to become business owners.

Income potential

Financial independence is not only a risk but an opportunity created by being a business owner. When working for someone else, employees are restricted to a salary and potential bonuses. It is very difficult to create significant wealth unless an individual is in a senior position in a successful or large company.

Starting a business creates the possibility of multiple financial benefits, and increased wealth over time, which would not have been possible as an employee of a company. As a business owner, you are in control of the finances, the direction of the company and the growth of the business. The business itself is an asset that has the potential to significantly increase in value to the benefit of the business owner.

While stories of extremely successful entrepreneurs like Mark Zuckerberg, Kevin Systrom and Jeff Bezos might make it sound like overnight success and making billions is possible for every aspiring entrepreneur with a brilliant idea, it is not that simple. The majority of businesses take several years to meet a break even point and to become profitable. But that being said, successfully growing your own business can eventually create an income you desire.

Flexible Lifestyle

Many entrepreneurs start their careers in a corporate role before deciding to start their own business. The demands and pressures of working in these roles and having very little flexibility in the workday can be very frustrating.

Being your own boss allows you to break free of the time restraints a corporate role demands. You can work your preferred hours, schedule your day around your priorities and set your own goals.

While it is undeniable that starting a business takes time and energy, especially in the early stages, you might find your work more demanding than previously. The work itself will be more satisfactory and rewarding when it’s your own business and you are working towards your own business goals.

Hopefully most of these reasons resonate with you, and you are motivated and driven to begin your business journey. Remember that the more driven and passionate you are about your great business idea, the more likely you are to overcome any inevitable hurdles that will challenge you. Being honest with yourself and taking the time to understand your motivations will be a great help when deciding to start a career as an entrepreneur.

This will help you understand what exactly you want out of your business venture in the long run.

Working from home with kids can be challenging, even when they are older and more independent. As the lockdown continues, many parents are currently walking on a tightrope between supervising their children, homeschooling and attempting to keep up with demands from their actual employed job.

Getting the right balance between working from home (WFH) and homeschooling children can be difficult and it is only natural to feel stressed while trying to juggle a busy work schedule, disruption in your normal routine and children at the same time.

To help you find the right balance and strategy we have summarised the top tips from experts such as teachers and productivity specialists on how to best manage.

1. 1. Start your day on the right foot

While it's tempting to start your day off snoozing the alarm and letting everyone stay in their PJs, after all, who is going to see you anyway? But getting up and ready with your children at the usual time will help you all get into the right frame of mind for the day.

While WFH and homeschooling have seen most people's routines go out the window as there are no obligations to follow a timetable or school hours, it is recommended to try to stick to your normal routine to keep your day from spiralling out of control.

1. 2. Channel your inner director