What has and hasn’t changed in 25 years of flex space.
In this interview episode of the This Week in Coworking Podcast, Hector Kolonas chats with Flip Howard, a coworking industry veteran who owns Lucid Private Offices.
The conversation spans Flip’s almost quarter-century-long journey, beginning with acquiring Meridian Business Centers in 2001, through several rebrands, and evolving business models.
Flip shares insights into the industry’s past and future, from fax machines and T1 internet lines to virtual offices and hybrid memberships.Β He discusses Lucid’s strategic shift to emphasize private offices, its customer-centric approach, and its resistance to management agreements in favor of traditional leases.
The discussion also delves into operational philosophies, such as treating team members well and focusing on unit economics to ensure business longevity.
The episode concludes with thoughts on the future of coworking, touching on e-commerce integration and the importance of maintaining a balance between personal and professional lives.