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

It is indeed that the entrepreneurship has gained momentum as a predominant choice of the people in their professional lives, since

last

decade. There are few factors, which are responsible for the rapid shift from jobs

to

Suggestion

for

businesses.

This

essay will discuss the reasons for the above notion, along with a negative side of the self-employment.

To begin

with, the factors that had influenced the people from various fraternities towards the startup. The job at a company would restrict the earning and development of a person at a certain limit.

Consequently

, many young professionals, who want to build their dynamic careers are inclined to their independent businesses.

For instance

, the survey conducted by an employment magazine had revealed that, the two

third

of the IT professionals in India choose to be self-employed,

instead

of their telephone figure salaries.

Moreover

, the acceptance of the innovative products in

this

open market has motivated many ignited minds.

Thus

, the lucrative opportunity as well as self-esteemed work environment had attracted the people towards the entrepreneurship

On the other hand

, a practice of the independent work introduces many hurdles to an individual. The monetary issues of the investments are commonly found in major startups.

Although

, the innumerable opportunities are available in the market to survive a business, the lack of finance has restricted the beginners.

For example

, to gain the commercial loan a founder of the start-up has to present his business model and security assets; which is the most difficult task for an entrepreneur.

Moreover

, the self-employed people are responsible not only for the sabotage of his firm, but

also

the constant stress of the work. In conclusion, the entrepreneurship is beneficial to an individual as well as to the domestic growth.

Therefore

, to achieve a flourish professional career, one should have the preventive plans to suppress the detrimental effects of the Self-employment over the salaried jobs.

Also

, the government should motivate

such

professionals with the formation of the supportive policies.