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 youngsters choose to start their own business these days
instead
of working for other people.
Moreover
a wide range reputed and successful businessmen are
also
in-support young entrepreneurs and the help these young ones financially.
However I
Accept comma addition
However, I
believe
this
phenomenon has both merits and demerits and one has to very careful before taking the discussion. Thera are many reasons behind the rise in the number of start-up companies.
To begin
with, people face difficulty acquiring a job of their preference in the highly competitive market. Individuals who want to
work
in an esteemed organization or a well paid job needs to posses high academic qualification degrees or years of
work
experience.
Such
requirements already disqualify a large section of job hunters. Few people desire to become rich in a short period. To illustrate
this
a business can earn a person hefty sum or money overnight as all the profit goes to the pocket of the owner.
However
, there are severed drawbacks to
this
. To start with, there is no guarantee that s self employed person will earn enough to live a comfortable life. When people
work
for company they have the assurance of a guaranteed pay check at the end of the month.
However
, when they
work
for themselves
this
guarantee is missing. Another disadvantage is that many self-employed
work
day and night and do not get time to spend with their family and friends.
Thus
, it creates an imbalance in their
work
and personal life.
Moreover
a huge difference can be seen in their daily routine which affects their health adversely. In conclusion, working for oneself is definitely beneficial for young people because it enables them to
work
on their own terms.
However
, there are drawbacks
such
as the lack of a guaranteed salary that need to be considered before choosing to be an entrepreneur.
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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