Today, we’re thrilled to have Mike Kriel, the innovative CEO and founder of Launch Workplaces, join us for a lively discussion about the flexible office space industry. From its humble beginnings as a small family-owned real estate business, Launch Workplaces, under Mike's leadership, reinvented their business model, leasing office space one at a time. They've modeled their approach after Marriott hotels, partnering with building owners to manage multiple locations without the burden of long-term liabilities or leases. 

In our conversation, Mike shares his insights on how companies are strategically adapting their workplaces post-pandemic. The 'hub and spoke' model, where members can access multiple locations, is emerging as a popular trend. We also dig into key industry success metrics including occupancy rates, agreement term lengths, and revenue versus expenses. Mike's insights on these factors are not only fascinating but essential for anyone involved or interested in this space.

Towards the end of our engaging talk, we delve into the significance of offering flexibility to employees in this era of distributed workforces. Mike predicts a future where office spaces could be 30% flexible in the next seven years. We also highlight the importance of mutually beneficial deal-making and exercising caution in business decisions. For anyone eager to connect with Mike or learn more about Launch Workplaces, Mike welcomes you to reach out via their website or his LinkedIn. Don't miss out on this episode for some invaluable insights into the future of workspaces!

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