Salt Lake City, a city, surrounded by grand mountains and endless recreational opportunities has been gaining attention as a hub for Millennials. Salt Lake City was recently named one of the best cities for Millennials to live and work! recently published a study that ranked the 50 largest metropolitan areas in the United States according to how they met the needs of three generations: Baby Boomers (ages 55 to 74), members of Generation X (ages 35 to 54), and Millennials (ages 20 to 34). 

Looking at data specific to each generation, focused on criteria that met the needs of each particular generation. For Millennials, median home price, number of entry-level jobs, and the population share of this age group were the criterion for ranking the best and worst cities. Cities that had lower median house prices and more entry-level jobs available were named the best for this generation.

The Millennial population in Salt Lake City is one of the highest in the country, at 32%. For every 100,000 people, there are over 422 jobs for Millennials to obtain. The median home price is at $322,000, which is the third highest in the top ten best cities.

Interested in moving to Salt Lake City?

Another study completed by RentCafe has shown the migration of Millennials from suburbs to urban areas. The study looked at zip codes and population of Millennials. The Salt Lake City zip codes with the highest percentage of Millennials include Central City, Granary District, Central Ninth, Ballpark, and Liberty Park

These neighborhoods provide Millennials more access to everyday needs, restaurants, public transit, and events. The City’s Sustainability Communications Manager, Sophia Nicholas says, “Our millennials realize that living downtown is a fantastic choice if you’re seeking to reduce your impact on the planet: It’s easier to have a lower environmental footprint when you’re living in denser communities. It’s easier, cheaper, and cleaner to use public transportation and to live close to where you work. Multi-family dwellings have lower resource requirements; and there are many local food options—from downtown community gardens to the year-round local farmers’ market.

If Salt Lake City sounds like your next adventure, make sure to stop by Work Hive for a tour of our space. Our workspace straightforward and it’s simple to get started. It only takes one minute to schedule a tour, two minutes to sign up for a membership, and three minutes to see the space and pick your seat. Come see our new productive workspace and join us as you build something for yourself. 

Published in Coworking Blog
September 24, 2019

Power Negotiation 101

In an article by Keith J. Cunningham, who is regarded as one of the foremost authorities on business mastery, discusses the keys to power negotiation. Over the years, Cunningham has figured out what it takes to become a master negotiator and the pitfalls that most succumb to. 

Most people never get training in the key concepts of negotiation, yet it is one of the most essential skills in business and in life. We are constantly negotiating – to get bigger, better deals in our favor – and to do so we must learn how to approach it from a position of power.” States Cunningham. 


The Purpose

The purpose of negotiation is to make an agreement with another person or business, that will benefit both parties. Yet, you want the better end of the stick. 

Cunningham states a paradox: 

In order to get the most that you can, you must also meet the other person’s interests. To get all that I want, I have to give you what you want. When you hold negotiating power, it is easier to get what you want, and give the other person what they want.


The Necessary Components of Negotiation

  1. Desire: Both parties must desire something from one another before the negotiation begins
  2. Agreement: You must care about the outcome — but not too much
  3. No Fixed Riles Regarding the Negotiation: There will always be some rules like if you and I are negotiating for me to buy your car, we will probably both have our clothes on and be making the exchange in money. But concerning the value of the vehicle and how we enter into negotiations? There are no fixed rules.


An Important Principle of a Successful Negotiation 

Bringing your ego to the negotiation table is a common pitfall of many unsuccessful negotiations. Cunningham describes the importance of understanding the difference between positionand interest. 

In a position-based negotiation, I say something, prompting you to defend your position. This makes me defend my position. Now our egos get involved and there is nowhere to go but deeper into an argument.

It is essential to understand that negotiating power comes from the point of interest—what drives you to negotiate in the first place. 

The next time you start a business negotiation, remember that your positions are your actions, but your interests are what influence your actions. Most of your unsuccessful negotiations were probably centered on positions, not interests. But when you enter into a negotiation and focus on the interests of yourself and the other party, you’ll resolve things without much trouble. When things go smoothly, the chances of everyone getting their interests met go up dramatically, resulting in a successful negotiation.”

Published in Coworking Blog

When we talk about the qualities we want in people, empathy is a big one. If you can empathize with people, then you can do a good job. If you have no ability to empathize, then it’s difficult to give people feedback, and it’s difficult to help people improve. Everything becomes harder.” Says Stewart Butterfield, the founder of Slack.

In an interview with The New York Times, Butterfield discussed the importance of empathy in the workplace and how that can lead to the elimination of unnecessary meetings. 

One way that empathy manifests itself is courtesy. Respecting people’s time is important. Don’t let your colleagues down; if you say you’re going to do something, do it. A lot of the standard traits that you would look for in any kind of organization come down to courteousness. It’s not just about having a veneer of politeness, but actually trying to anticipate someone else’s needs and meeting them in advance.” Butterfield says. 

Being courteous and aware of your colleague’s workload or schedule can demonstrate respect and will contribute to a thriving workplace culture, in hopes that they will reciprocate it in the future. One way to show this is by eliminating extraneous routine meetings. 

We have all been in those meetings—the meetings that interrupt your (productive) workday that turn out to be seemingly unproductive.

At Slack, the company has been canceling most of their meetings they have found to be extraneous. Being deliberate and courteous with people’s time by eliminating excessive meetings improves workplace culture and productivity.

One of our values is that you should be looking out for each other. Everyone should try to make the lives of everyone else who works here a little bit simpler. So if you’re going to call a meeting, you’re responsible for it, and you have to be clear what you want out of it. Have a synopsis and present well.” Butterfield says. 

Published in Coworking Blog