Co-working spaces are nothing new to our innovative, collaborative and progressive city, but this new business hub has shaken the trusted model up a little bit.
Inspired by the same values of the founder, Rethink Financial Group, to inspire and support change in people’s lives, Newcastle’s newest shared workspace, Rethink Collective, is now open to small and medium businesses.
Rethink Collective, located on Dick Street in Newcastle, encourages businesses to rethink their workspace, the opportunities available to them and the way they perceive value.
Rethink Financial Group’s CEO, Cassandra Kavanagh, said Rethink Collective drew inspiration from Yoga For All’s business model by asking prospective members to ‘pay what they feel is fair’ within a guided range.
“We want people to be able to use this collaborative space and work on a basis of fair exchange,” Cassandra said.
“To support people who might find this uncomfortable, we suggest a starting price of $150 per person a week for a single desk. But importantly to us, we look for the rights businesses and mix of people so we can cultivate strong relationships in a place where everyone feels welcome and can thrive.
“We plan to meet with each potential new Rethink Collective member and hear your story, buy into your passions and business, and work with you on a fair exchange rate created uniquely for you.”
As part of their commitment to encompassing flexibility in the workplace, Rethink Collective provides an opportunity to members to personalise their pod or office to suit their desired work environment and brand.
“We understand that small businesses are likely still in growth phase, so your work environment needs to provide flexibility, allow for change and encourage adaptation,” Cassandra said.
“Rethink Collective is a space that is 90% complete and 10% waiting for businesses to customise the space they elect to take up. We want people to work out what works for them and then work in with us to deliver that fundamental, foundational piece that allows you to take the next steps to build your business and brand.”
IMAGE | Rethink Collective is a new co-working space trailing a new model – pay what you think is fair.