Students in the CELect Entrepreneurship Course, held at the T-REx startup accelerator, are sharing their team projects with the Olin Blog. Student team Logan Bolinger, Alex Clouser, Myiah Johnson, and Chad Littrell describe the experience of consulting for their client, TechArtista.
The co-working space trend has been continuously growing over the past few years. Over the years, consumer interests and expectations of those spaces have evolved and co-working spaces have evolved with them. TechArtista in St. Louis has been at the forefront of developing a unique cultural experience for its customers to address these demands.
TechArtista is not just a co-working space. It is a community of art, culture, and innovation. As TechArtista sets its sights on expanding to a second location, they turned to the CELect program to help execute this task.
During this project, our team has gained great insight on how TechArtista’s differentiated culture creates value for members. When a plan and process are developed around that culture and replicated, it becomes even more valuable. Through our research, we have found that the most successful spaces are the ones that have been able to grow while still remaining true to their brand. TechArtista’s culture is well-positioned for growth. We plan to add value by proposing a plan that helps them leverage and replicate that culture by instilling new processes.
This CELect experience has been valuable because it has demonstrated how effective an actionable plan can be in the execution of a company’s vision. We have also been taught the importance of staying true to the established values and mission of one’s company. The reasons people have for joining an organization and the organization’s own values can be more significant and more catalyzing than what the company actually does.
Guest Bloggers: Logan Bolinger, Law ’18; Alex Clouser, MBA/Architecture ’18; Myiah Johnson, PMBA, ’17; Chad Littrell, PMBA ’18