Nowadays many people choose to be self-employed, rather than to work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed?

An increasing
number
of people today are opting to start their own companies
instead
of working for a company mainly because of the increased support for young entrepreneurs. In my opinion, the main disadvantages of not having an employer are lack of expertise and its overall effect on businesses. The
number
of self-employed
is related
Suggestion
relates
to young entrepreneurs and has its origin in widespread angel investment across a variety of industries. One well-known example of
this
can be seen on the popular show ‘Shark Tank,’ where a panel of investors and executives hear product pitches and compete to purchase stakes in budding entrepreneurs’ businesses.
This
show has launched a
number
of successful products by securing initial funding, which has led to a trickle down effect from
this
show: not only has it turned specific dreams into
realities but
Accept comma addition
realities, but
it
also
encourages viewers in general to be more ambitious and has
therefore
been one of the main catalysts for the frenzy of self-run businesses popping up in recent years. Though there are undoubtedly positives to all these start-up companies, I think that the overall impact is negative because it results in many poorly run businesses.
For example
, in recent years a
number
of ride-sharing
apps including
Accept comma addition
apps, including
Uber, Grab, Lyft, Be, Go-Viet and countless others have sprung up. The established companies provide a functioning app with high-quality service to meet the growing demands of
this
industry.
However
, the majority of small
start-ups
the act of setting in operation
startups
find themselves in over their heads with apps that barely function and driver shortages that specialise in inconveniencing customers. It would be better for the people starting these derivative businesses to either work in companies, gain valuable experience, look for gaps in the market, and
then
develop develop worthy competitors or simply be content to have a good job in a good company that they do not own. In conclusion, I feel that the rising
number
of new companies has led to a cult of overconfidence. If more people were satisfied working for others rather than pursuing unrealisable ambitions,
this
would likely lead to better consumer products across the board as well as increased national economic prosperity.
Submitted by ngochan.nguyen5 on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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