Growing a startup can be a journey with many ups and downs. Managing growth the smart way is among the key challenges. When your industry is dynamic and facing rapid evolution, that growth challenge is even more important to manage wisely.
From the beginning, Nick Patel has been building a startup dedicated to helping employees live healthier lives. His company, Wellable, helps companies offer meaningful corporate wellness programs. It’s a growing market, one that means staying nimble to meet emerging, evolving needs. Coworking from the start has helped Wellable with both maintaining that agility while building a strong team. Here, Nick shares how his company has grown through coworking.
Tell us more about Wellable
Wellable operates next-generation wellness challenges and health content technology platforms and complements these solutions with onsite and virtual services, such as health fair coordination, seminars, and more. The technology’s flexibility allows organizations to customize and configure a program to meet their needs and objectives while providing a rich experience for end users. Wellable works with employers and health plans of all sizes across the world, with active users in more than 23 different countries.
When were you founded?
What brought you to Impact Hub as a home for your company?
The community. From the first day at Impact Hub, the Wellable team (just two of us at the time) instantly felt included into a group of diverse, talented, and motivated people. There were/are always inspiring individuals to share and discuss ideas with as well as social opportunities to foster relationships outside of a professional setting.
You have seen significant growth since joining Impact Hub. How many team members did you have then vs now?
The Wellable team has grown to nine full-time members, seven of which are currently in the Impact Hub in Boston.
What are some of the best things about joining Impact Hub?
There are so many amazing things to say about the physical space (from the food to the location), but the best part about Impact Hub is undoubtedly the people. I can’t even tell you the number of times I have been in the kitchen and got caught up in an impromptu conversation with someone that just blew me away with their passion for the cause they were supporting.
What about coworking in general?
For small teams, co-working is preferable in many ways. Most notably, it allows small teams to get to know more people, which is a benefit typically afforded to larger companies.
Any advice to entrepreneurs looking to go the coworking route while growing?
As an extension of the previous question, co-working space is a great way for small teams to interact with, benefit from, and contribute to a larger community. The collective sharing of ideas, thoughts, and support result in a community that nurtures young organizations to success.
For small teams, co-working is preferable in many ways. Most notably, it allows small teams to get to know more people, which is a benefit typically afforded to larger companies. – Nick Patel, Wellable
Join the Global Step Challenge
Nick and his team are giving back to the Hub and broader CIC communities in a big way starting this month–and you can be a part of it. They are helping to organize the Global Step Challenge, a multi-city, friendly fitness competition among all CIC locations worldwide. The goal is to foster fitness and community by seeing which location can log the most fitness activity. Want to get more steps in this winter? Join the challenge and Boston could win a prize!