Good morning Just kidding, good evening! Ladies and gentlemen, Tedsters My name is Amarit Charoenphan the cofounder & CEO of HUBBA Co., Ltd with the first coworking space in Thailand for startups, creatives and freelancers. And today I’d like to share with you one very simple message I believe that coworking can change, can and will change the world. And I like you to be part of that movement, So, how did coworking begin in Thailand and what is a coworking space? So, for me the journey towards building the whole coworking movement is essentially trying…me trying to solve a personal, very painful situation, from a house that was flooded in October 2011 and I had to move out to Pattaya. So…like most people, me and my brother, we started working, of course, at a house. We rented this small house in Hialeah, that includes 13 dogs, all the stuff we brought over from Pattaya, a very nagging mom and just general mayhem with no wifi and 3G, imagine that! And we tried to start a business at that house, and ok, at first, of course, it's sort of works it's the quickest office you’ll ever get to in your life. You just get up and go, it's also the most cost-efficient if you're living with your parents. And also it's comfortable if you're working from your bed or in your underwear. Fortunately I do not have pictures of me working in my underwear! But, more importantly is that we soon found out that if you're working from your homes, you’ll get the feeling that it’s just not a place to start anything. Whether you become lonely, bored or generally demotivated and the place is really not suited for you to meet with investors, teams, your clients and your suppliers. Then once you throw in your pets or you have wives, kids, visiting relatives and 13 dogs, it just becomes too much. So like most people, we just said, ah…this isn’t going to work, so where do we go? So we went to look around for the best coffee and the best café in town. And we searched far and wide and we love coffee and we craved it after a while. Also we just love the energy and buzz of seeing... you know...people, especially good-looking people working at the café. And initially it sort of worked as well. But, you soon found out that cafés were never meant to be ah… office substitute. For a very good reason: you're paying the rent with 2 cups of coffee a day, if you don’t drink, the owner starts looking at you and getting pissed off Then, after a while, the power socket is hard to find, the chairs are uncomfortable, the light is dim, and then, all the tourists from everywhere start coming, and eventually, you realize that this is too much distraction. And, after a while, you just find out that, you know, this coffee shop has one very big drawback: one I just found out in a very hard way! It's that, I had diarrhea, I had to pack all my stuff in my bag, put everything together, run to the toilet, and then it’s locked! Somebody was inside! And then like...No, I know It I didn't do it on my pants There was the lady's room on the side. So what is there to do for new entrepreneurs? Essentially, there’s… it's the house and the café just didn’t really work, but, we couldn’t afford for an office or rent one of those service offices. So, there has to be a better way And there is! Which is this mega trend of coworking, which is working out for a hundred thousand people across the world in over 3,000 spaces worldwide and we read all these articles and said, this is so awesome but none of this exists in Thailand So if there was one in Thailand, then I would pay money to go and use it. And, it’s working out for so many people that it's actually, fundamentally changing the way we work and for the better. So what is coworking space? A lot of you would say, Yes, it’s basically a whole bunch of independent professionals coming together to share a facility that has all the stuff you find in a really nice office. But that’s the simplistic definition that only describes the tangible aspects of a coworking space whereas I’d like to see coworking as a concept that is a verb and not a noun. It's the way of working, not actually a static place, but also where 3 COs in the word “coworking” converge: Cooperation, Collaboration, Community. That’s where our generation of millennials and generation Y and people after us want from work space a service, a relationship... a community So, back to my story. I came back from Pattaya and I thought this was the big… very big pain that I want to solve and I really wanted to work at a coworking space There’s none in Thailand, I've never been to one, never did any market research, but we knew there were more people going through the same pain as me, and not just about diarrhea, but just about working; so we realized that O.K. We’re just gonna build it and we found this really beautiful house Actually it’s very ugly right now, but in 6 months, we turned it into this! We basically put everything that you find in a really nice office and more, and shared it with everyone else. You know, beautifully decorated work space, fast Wi-Fi, a lot of books, shared water, coffee, a printing service, meeting rooms, everything, even a trampoline in this garden. However, all of that is very affordable for the budget-conscious entrepreneur and freelancer and at the same time, so well-managed that our members just focus on their work and not actually on the workspace or managing. So we thought that people love us for building this, that they’ll kiss my hands and say, "Oh, shut up and take my money. Oh, thank you bringing coworking to Thailand." But, of course, that’s a fairytale and then, the reality is that, in the first months, we had 1 member. And we were like, what is going on? So we were immediately so close to failure. I spent millions on this space, and built it, nobody…you know everybody came the investors, media and everyone... They liked it, but nobody really signed up Nobody really signed up, so I realized something was amiss and asking enough questions, I realized that people just found coworking as a culture so new that they didn’t know what was the value that they were getting out of the space, and that they didn't know whether it was more valuable above and beyond, you know, just a nice office, but why should they be there instead of a house or cafe, realizing both on to one word: community. Community is the lifeblood, the…what makes coworking space so addictive because community is what gets my members and everyone that I know up from bed traveled far and wide to come to this space and pay me to work because they find that the experience of working with awesome like-minded individuals side by side, every day, sharing coffee and conversation, becoming friends, starting to help, share, learn and collaborate with one another is so invaluable, so hard to find to the point that, you know, entrepreneurship is so hard for them, freelancing is so hard for them for the first time that they believe that if they can work with somebody else the journey is much more fun and valuable. So, finding that out, we focus on communities, making the space fun and friendly but also adding value where we can with events, activities, and workshops, like this event, start on the weekend, 54 hours straight, straight complete strangers come together to do a start-up business and pitch to investors. They're so well received that 200 people showed up, you know in our the latest event and our latest conference for the technology star vehicle system attracted 400 people and we filled our entire auditorium. So, who are all these people that work out of these spaces? And, where do they come from? and the events as well So, essentially we’ve met so many different types of people, the sheer diversity is amazing. It's not just start-ups and creatives and freelancers but I’ve met politicians and lawyers and yoga masters and painters and corporate warriors and nonprofit people, social entrepreneurs, actors... Actually, I had one really nice member recently who used to be homeless in New York, in the States, learned how to become a DJ, and one...one day she decided she's just gonna fly to Thailand and she started writing about displaced people and becoming really famous about refugee issues. So basically, anybody can work out of a coworking space; anybody in this room, all of you can work out there because essentially, coworking is a community. A community of people that share ideas, interests and passion, and once we come together, we actually create this space where we work together and because we all bring a bit of our individual soul and character, coworking spaces are places with a lot of soul. So now there're 3,000 spaces worldwide and growing. But, there's a handful in town and, there's one in Chiang Mai Pun Space. But I’d like to see this be everywhere as common as coffee shops and so common that our new entrepreneurs, creatives, freelancers, innovators and changemakers work out of these spaces and are supported and are nurtured and become more successful, allowing us to bring in, you know, more interested people who see now that this... their lifestyle is possible, this career is possible, working out of these spaces and are well-supported and and once they join the community, the community grows. And I really love to end this with one really simple message: coworking spaces are the communities that bring the cooperative and collaborative cultures back to our cities, our communities, our society, and if we can help to foster more coworking spaces to be everywhere, we will have many more spaces with a soul across the cities and that will lead to a rise in the quality of life in our cities. So I'd like to urge all of you to join our movement, to work out of a coworking space from time to time, to support the ideas, people, projects that grow out of this space, and also to… maybe even decide to open, operate or invest in one. Because if we cowork together, we can create a better Thailand and a better world. Thank you very much (Applause)