nowadays many people choose to be self-employed rather than to work for a company or organization why might this be the case? what could be the disadvantages of being self-employed?

We have seen a rising number of start- ups in the
last
decade. The Silicon Valley in California is the paradise for entrepreneurs who would like to start their own business. They choose to be self-employed rather than to work for a company or organization. But what are the reasons for
this
and what could be the disadvantages of self-employment?
To begin
, people want to be more independent and they would like to choose their working hours. Of course,
this
is impossible if you are part of a company.
However
, home offices are very popular nowadays, but shift workers,
for instance
, cannot do your job at home, nor can they decide anything about their timetable.
Consequently
, people quit their job and become self-employed.
Secondly
, workers have to obey orders, no matter if it is a wrong or correct decision.
Furthermore
, people want to be their own leader and they choose the leave the company and start their own business.
On the other hand
, if you work on your own, you have to take care whether you have enough work to do. You are responsible for your company`s finances. As an employee of an organization,
for example
, you do not have to be concerned about
this
. The salary is transferred to your bank account at the end of the month without any necessary action. In conclusion, people often think it is very easy and not a big deal to become self-employed, but there come many other tasks and responsibilities with
this
decision.
Submitted by moritz.ploner on

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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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