X Level Office has changed its name to Novel Coworking, a name that more accurately represents what we're about: Partnering with our clients to provide the space and resources they need to innovate and write their story. It’s our hope that as each of our members pens their future in our space, Novel Coworking can provide the blank pages for their success.


Chicago (The Loop)
Chicago (West Loop)
Chicago (Wacker)
Houston (Theater District)
Houston (Scanlan Building)
Dallas (Katy Building)
Charlotte (Uptown)
Jacksonville (Groover-Stewart Building)
Seattle (Pioneer Building)
Alexandria (Old Town)
Indianapolis (Circle Tower)
Pittsburgh (Golden Triangle)
San Diego (Gaslamp)
Denver (16th Street)
Chicago (River North)
Kansas City (Kessler Building)
Richmond (Shockoe Slip)
Nashville (5th Avenue)
Minneapolis (Lasalle Building)
Boulder (15th and Canyon)
Cincinnati (Hooper Building)
America Chicago
Africa Abidjan
Africa Accra
Africa Addis Ababa
Africa Algiers
Africa Asmara
Africa Bamako
Africa Bangui
Africa Banjul
Africa Bissau
Africa Blantyre
Africa Brazzaville
Africa Bujumbura
Africa Cairo
Africa Casablanca
Africa Ceuta
Africa Conakry
Africa Dakar
Africa Dar es Salaam
Africa Djibouti
Africa Douala
Africa El Aaiun
Africa Freetown
Africa Gaborone
Africa Harare
Africa Johannesburg
Africa Juba
Africa Kampala
Africa Khartoum
Africa Kigali
Africa Kinshasa
Africa Lagos
Africa Libreville
Africa Lome
Africa Luanda
Africa Lubumbashi
Africa Lusaka
Africa Malabo
Africa Maputo
Africa Maseru
Africa Mbabane
Africa Mogadishu
Africa Monrovia
Africa Nairobi
Africa Ndjamena
Africa Niamey
Africa Nouakchott
Africa Ouagadougou
Africa Porto-Novo
Africa Sao Tome
Africa Tripoli
Africa Tunis
Africa Windhoek
America Adak
America Anchorage
America Anguilla
America Antigua
America Araguaina
America Argentina - Buenos Aires
America Argentina - Catamarca
America Argentina - Cordoba
America Argentina - Jujuy
America Argentina - La Rioja
America Argentina - Mendoza
America Argentina - Rio Gallegos
America Argentina - Salta
America Argentina - San Juan
America Argentina - San Luis
America Argentina - Tucuman
America Argentina - Ushuaia
America Aruba
America Asuncion
America Atikokan
America Bahia
America Bahia Banderas
America Barbados
America Belem
America Belize
America Blanc-Sablon
America Boa Vista
America Bogota
America Boise
America Cambridge Bay
America Campo Grande
America Cancun
America Caracas
America Cayenne
America Cayman
America Chicago
America Chihuahua
America Costa Rica
America Creston
America Cuiaba
America Curacao
America Danmarkshavn
America Dawson
America Dawson Creek
America Denver
America Detroit
America Dominica
America Edmonton
America Eirunepe
America El Salvador
America Fort Nelson
America Fortaleza
America Glace Bay
America Godthab
America Goose Bay
America Grand Turk
America Grenada
America Guadeloupe
America Guatemala
America Guayaquil
America Guyana
America Halifax
America Havana
America Hermosillo
America Indiana - Indianapolis
America Indiana - Knox
America Indiana - Marengo
America Indiana - Petersburg
America Indiana - Tell City
America Indiana - Vevay
America Indiana - Vincennes
America Indiana - Winamac
America Inuvik
America Iqaluit
America Jamaica
America Juneau
America Kentucky - Louisville
America Kentucky - Monticello
America Kralendijk
America La Paz
America Lima
America Los Angeles
America Lower Princes
America Maceio
America Managua
America Manaus
America Marigot
America Martinique
America Matamoros
America Mazatlan
America Menominee
America Merida
America Metlakatla
America Mexico City
America Miquelon
America Moncton
America Monterrey
America Montevideo
America Montserrat
America Nassau
America New York
America Nipigon
America Nome
America Noronha
America North Dakota - Beulah
America North Dakota - Center
America North Dakota - New Salem
America Ojinaga
America Panama
America Pangnirtung
America Paramaribo
America Phoenix
America Port-au-Prince
America Port of Spain
America Porto Velho
America Puerto Rico
America Punta Arenas
America Rainy River
America Rankin Inlet
America Recife
America Regina
America Resolute
America Rio Branco
America Santarem
America Santiago
America Santo Domingo
America Sao Paulo
America Scoresbysund
America Sitka
America St Barthelemy
America St Johns
America St Kitts
America St Lucia
America St Thomas
America St Vincent
America Swift Current
America Tegucigalpa
America Thule
America Thunder Bay
America Tijuana
America Toronto
America Tortola
America Vancouver
America Whitehorse
America Winnipeg
America Yakutat
America Yellowknife
Antarctica Casey
Antarctica Davis
Antarctica DumontDUrville
Antarctica Macquarie
Antarctica Mawson
Antarctica McMurdo
Antarctica Palmer
Antarctica Rothera
Antarctica Syowa
Antarctica Troll
Antarctica Vostok
Arctic Longyearbyen
Asia Aden
Asia Almaty
Asia Amman
Asia Anadyr
Asia Aqtau
Asia Aqtobe
Asia Ashgabat
Asia Atyrau
Asia Baghdad
Asia Bahrain
Asia Baku
Asia Bangkok
Asia Barnaul
Asia Beirut
Asia Bishkek
Asia Brunei
Asia Chita
Asia Choibalsan
Asia Colombo
Asia Damascus
Asia Dhaka
Asia Dili
Asia Dubai
Asia Dushanbe
Asia Famagusta
Asia Gaza
Asia Hebron
Asia Ho Chi Minh
Asia Hong Kong
Asia Hovd
Asia Irkutsk
Asia Jakarta
Asia Jayapura
Asia Jerusalem
Asia Kabul
Asia Kamchatka
Asia Karachi
Asia Kathmandu
Asia Khandyga
Asia Kolkata
Asia Krasnoyarsk
Asia Kuala Lumpur
Asia Kuching
Asia Kuwait
Asia Macau
Asia Magadan
Asia Makassar
Asia Manila
Asia Muscat
Asia Nicosia
Asia Novokuznetsk
Asia Novosibirsk
Asia Omsk
Asia Oral
Asia Phnom Penh
Asia Pontianak
Asia Pyongyang
Asia Qatar
Asia Qyzylorda
Asia Riyadh
Asia Sakhalin
Asia Samarkand
Asia Seoul
Asia Shanghai
Asia Singapore
Asia Srednekolymsk
Asia Taipei
Asia Tashkent
Asia Tbilisi
Asia Tehran
Asia Thimphu
Asia Tokyo
Asia Tomsk
Asia Ulaanbaatar
Asia Urumqi
Asia Ust-Nera
Asia Vientiane
Asia Vladivostok
Asia Yakutsk
Asia Yangon
Asia Yekaterinburg
Asia Yerevan
Atlantic Azores
Atlantic Bermuda
Atlantic Canary
Atlantic Cape Verde
Atlantic Faroe
Atlantic Madeira
Atlantic Reykjavik
Atlantic South Georgia
Atlantic St Helena
Atlantic Stanley
Australia Adelaide
Australia Brisbane
Australia Broken Hill
Australia Currie
Australia Darwin
Australia Eucla
Australia Hobart
Australia Lindeman
Australia Lord Howe
Australia Melbourne
Australia Perth
Australia Sydney
Europe Amsterdam
Europe Andorra
Europe Astrakhan
Europe Athens
Europe Belgrade
Europe Berlin
Europe Bratislava
Europe Brussels
Europe Bucharest
Europe Budapest
Europe Busingen
Europe Chisinau
Europe Copenhagen
Europe Dublin
Europe Gibraltar
Europe Guernsey
Europe Helsinki
Europe Isle of Man
Europe Istanbul
Europe Jersey
Europe Kaliningrad
Europe Kiev
Europe Kirov
Europe Lisbon
Europe Ljubljana
Europe London
Europe Luxembourg
Europe Madrid
Europe Malta
Europe Mariehamn
Europe Minsk
Europe Monaco
Europe Moscow
Europe Oslo
Europe Paris
Europe Podgorica
Europe Prague
Europe Riga
Europe Rome
Europe Samara
Europe San Marino
Europe Sarajevo
Europe Saratov
Europe Simferopol
Europe Skopje
Europe Sofia
Europe Stockholm
Europe Tallinn
Europe Tirane
Europe Ulyanovsk
Europe Uzhgorod
Europe Vaduz
Europe Vatican
Europe Vienna
Europe Vilnius
Europe Volgograd
Europe Warsaw
Europe Zagreb
Europe Zaporozhye
Europe Zurich
Indian Antananarivo
Indian Chagos
Indian Christmas
Indian Cocos
Indian Comoro
Indian Kerguelen
Indian Mahe
Indian Maldives
Indian Mauritius
Indian Mayotte
Indian Reunion
Pacific Apia
Pacific Auckland
Pacific Bougainville
Pacific Chatham
Pacific Chuuk
Pacific Easter
Pacific Efate
Pacific Enderbury
Pacific Fakaofo
Pacific Fiji
Pacific Funafuti
Pacific Galapagos
Pacific Gambier
Pacific Guadalcanal
Pacific Guam
Pacific Honolulu
Pacific Kiritimati
Pacific Kosrae
Pacific Kwajalein
Pacific Majuro
Pacific Marquesas
Pacific Midway
Pacific Nauru
Pacific Niue
Pacific Norfolk
Pacific Noumea
Pacific Pago Pago
Pacific Palau
Pacific Pitcairn
Pacific Pohnpei
Pacific Port Moresby
Pacific Rarotonga
Pacific Saipan
Pacific Tahiti
Pacific Tarawa
Pacific Tongatapu
Pacific Wake
Pacific Wallis
Hawaii-Aleutian Standard Time (HAST)
Hawaii-Aleutian with Daylight Savings Time (HADT)
Alaska Standard Time (AKST)
Alaska with Daylight Savings Time (AKDT)
Pacific Standard Time (PST)
Pacific with Daylight Savings Time (PDT)
Mountain Standard Time (MST)
Mountain with Daylight Savings Time (MDT)
Central Standard Time (CST)
Central with Daylight Savings Time (CDT)
Eastern Standard Time (EST)
Eastern with Daylight Savings Time (EDT)
Atlantic Standard Time (AST)
Atlantic with Daylight Savings Time (ADT)
People tend to see entrepreneurship as either a dream job or a whole lot of busy work. The reality is that it falls somewhere in the middle. From greater freedom to greater responsibility, there are many pros and cons to being an entrepreneur, but few regret their decision to become one.

So what are the main benefits of being an entrepreneur? For those that brave the challenges of starting and owning a business, the rewards can be far more fulfilling than a traditional desk job.


10 Advantages of Entrepreneurship

1. Be your own boss

One of the most common reasons people start a business is because of the independence it creates. As the founder and CEO of a business, you answer to no higher authority, except maybe the customers you serve.

2. Choose your own team

Playing well with other team members can be difficult, especially if you have conflicting personalities or philosophies. When you start your own business, you get the privilege of choosing the team members that you get to work with, and that best represent the brand.

3. Creative expression

Brands are really just the personality, the creative expression of a business, and as an entrepreneur, you get to call the shots. That doesn’t just refer to the colors and imagery, but the core values and tone of the company’s messaging.

4. Excellent learning experience

Nothing prepares you for the business world better than real-life experience. Even if you studied business in college, the lessons in a work setting are more memorable and better understood. For example, while you may have learned about writing up business plans for startups, reality may be slightly messier and less structured. Your startup will likely evolve several times and look totally different to the original concept.

5. Flexible Schedule

As the manager of your business, you also have more control over your time. If you want to work earlier in the morning and rest in the afternoon or work late at night, you have the power to do so.

6. Following a vision/cause

Entrepreneurs don’t just undertake the risk of starting a business for fun. Something usually inspires them to action, whether it’s a perceived lack of options, or an unfulfilled customer need. The drive to innovate and compete is one of the major differences between an entrepreneur and a small business.

7. Greater potential profit

Since entrepreneurs have the ability to allocate resources, they have the opportunity to save money in certain places, such as expensive marketing initiatives or costly office maintenance.

8. Set your own office

Forget about stuffy cubicles and small offices. Depending on the size of your business, you can choose to work from home, or in a coworking space. Some entrepreneurs even enjoy their privilege of traveling the world as they work.

9. No professional ceiling

Don’t wait years hoping for a promotion. As an entrepreneur, traditional hierarchies are meaningless. You automatically become the CEO of your company, so there’s no need to worry about vertical mobility. You just need to make sure you’re running the business smoothly.

10. Develop an inspiring work culture

Many entrepreneurs were once entry-level workers stuck in someone else’s concept of a work environment. Dreams of more inclusive policies and team-centered values can finally be realized. Entrepreneurs get to set the standard for how team members treat customers and one another.
Check out this TED Talk on finding and doing work that you love.


10 Challenges of Entrepreneurship

1. Multiple roles and responsibilities

Even though your title may read “CEO” or “Founder,” you’ll really be using multiple titles at once. Don’t expect to only work on sales or business development- you’ll be juggling finances, legal, marketing, human resources, and business admin work until your team gradually expands.

2. Work-life balance

Sure, entrepreneurs can work from anywhere at any time, but the downside is that you’re pretty much working during most of your free time. That might involve fielding sales calls in the evening, finishing up a SOW on the weekends, or putting out fires while on vacation.

Be sure to read our previous article on improving the work-life balance of your team.

3. Self-motivation

Without a boss to keep you in line, discipline becomes a self-taught responsibility. That may involve getting up early to work, helping team members on a certain project, or holding meetings on holidays.

4. High risk

Starting a business is no walk in the park- there’s a lot of financial and legal risk involved if you don’t do your homework. Businesses without a plan in place to manage their finances risk ending their ventures prematurely.

5. Few business connections

Businesses are built on networks of investors, partners, influencers, and team members. Unless you’re a veteran in a certain industry, you’re going to have to build your business network from the ground up. That may be challenging for those with little networking experience.

6. Building reputation

Building up a new brand can be one of the biggest challenges for a new startup. Unless you have an innovative breakthrough on your hands, you’ll likely have dozens of competitors that your target audience will already be more familiar with.

7. Legal considerations

New businesses have to deal with a whole new set of laws, a challenge that can be overwhelming without a lawyer. However, compliance is absolutely mandatory- if your business doesn’t abide by industry codes, you may develop a negative reputation, or eventually risk the threat of litigation.

8. Leadership

Entrepreneurs may struggle in their newfound leadership role, especially if they have limited experience managing people or prioritizing activities. However, there’s no need to panic – leadership skills can be learned and developed over time.

Check out Michael Hyatt’s This Is Your Life Podcast for more tips on leadership.

9. Limited supplies/technology

Starting out, a new business won’t have all the amenities and supplies that larger companies already have, including hardware such as computers, printers, scanners, cameras. There is also the challenge of obtaining suitable and effective software for CRM, conference calls, and other industry-relevant web apps.

10. Fewer benefits

Unfortunately, entrepreneurs will likely not be able to offer healthcare plans or discounted gym memberships early in the business’s life. Lack of benefits may turn a few potential customers and employees away.


Becoming an Entrepreneur

Entrepreneurs have a unique job description- they have the freedom to build the business of their dreams but first have to overcome obstacles to organization and time management. Running a business can definitely feel like an uphill climb, but the journey is just as meaningful as the destination.

Ready to become an entrepreneur? Our checklist to entrepreneurship will make sure you’re prepared for anything.

Follow Level Office’s blog for more resources and information on entrepreneurship, business, and productivity.