Un Office Space: Alex Molokwu

Un Office Space is an office space rental agency which specialises in revamping underused places to find a unique workspace - from filming locations, to creative studios.

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Written and reviewed by:
Helena Young

Name of founder(s): Alex Molokwu
Age(s) of the founder(s): 41
Location: London
Date launched: 2021
Number of employees: 1

Which university, if any, did you attend?

Cardiff University, studying Neuroscience.

What does your business do?

Un Office Space is an office search agency. I find people their ideal office workspace by matching their requirements.

Where did the idea for your business come from?

I used to have a coworking business and thought I could run an agency business better than the agents I was using.

How did you know there was a market for it?

My former coworking members still contact me about office space. I have a large network and I help people achieve their workspace needs by hearing about exactly what they are missing.

What were you doing before launching your business?

I founded Cowork Hub. It was a large coworking office in Notting Hill and in North Acton.

Have you always dreamed of starting a business?

Yes.

How did you finance your business?

I used to be an Equity Trader so I used my savings from my time in the City of London.

Explain your business model and how you make money.

I find people office space, and then the venue provider pays a finder’s fee.

What are the main challenges you have faced? And how did you overcome them?

COVID-19 secure spaces are hard to verify when transport and movement is very limited.

What has your experience been of starting a business during a pandemic?

It is easier working from home then I thought. I work harder than I was hoping and that has been hard when you have a new born baby.

Describe your first breakthrough.

My first breakthrough took place when, through word of mouth, a client called me asking for office space.

How has Brexit impacted your business? Do you think it will in the future?

Brexit hasn't affected my business that I know of. It affected my coworking business. Some of my Polish members had to go back to Poland due to changes in immigration laws.

What advice would you give to other aspiring business owners?

Be wise with your budget and finances. The first year is always tough.

What is one resolution you have for your business this year?

To grow enough to expand in to the EU.

How do you see your business developing in the next three years?

I am aiming to expand international. Luckily, my business is digitally-based, so there aren't many barriers for international trade.

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Written by:
Helena Young
Helena is Lead Writer at Startups. As resident people and premises expert, she's an authority on topics such as business energy, office and coworking spaces, and project management software. With a background in PR and marketing, Helena also manages the Startups 100 Index and is passionate about giving early-stage startups a platform to boost their brands. From interviewing Wetherspoon's boss Tim Martin to spotting data-led working from home trends, her insight has been featured by major trade publications including the ICAEW, and news outlets like the BBC, ITV News, Daily Express, and HuffPost UK.

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