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

While certain professionals pledge loyalty to the organizations they

work

for, others prefer to march to the tune of their own proverbial drum, opting to

work

for their own selves. A great number of people these days prefer to be entrepreneurs and various factors come into play. For many, the decision to

work

independently rests solely on the fact that they can control their hours and achieve a good

work

-life balance. I have observed that in Pakistan, many professionals are opting for their own businesses due to the flexibility in hours

this

kind of

work

provides. My mother, a doctor who specializes in obstetrics, chose to set up her own clinic

instead

of working for a hospital because she wanted to be able to spend more time with her family. Another factor in

this

decision is increasing public awareness about wage disparity. According to an article I read recently in Forbes magazine, the average company CEO makes about thirty times as much as a company employee. Many people are choosing to be their own CEOs, and equipped with a good skill set they can make at least twice as much as they were making while employed by an organization. Not all is rosy when it comes to working at your own job,

however

, as there are certain downsides, the biggest of which is perhaps losing the stability a typical nine to five company job provides. Entrepreneurship can be uncertain, it takes time and effort to build your own line of

work

, and one does not have the safety nets - a team of lawyers and financial advisers - which bigger companies can boast of. To conclude, while there are cons to rival the pros offered by self-employment, many workers are choosing to be their own boss. Flexible hours and more money are two of the main factors contributing to

this

trend, while the potential instability of entrepreneurship is a disadvantage.