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

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

to

Suggestion

for

businesses.

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

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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.

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

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

third

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

instead

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of their telephone figure salaries.

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, the acceptance of the innovative products in

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open market has motivated many ignited minds.

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

On the other hand

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

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

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, 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.

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

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

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, 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.

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, the government should motivate

such

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professionals with the formation of the supportive policies.