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?

In

this

generation, students upon their graduation craves for highly paid jobs in their field. Unfortunately, they do not make it up to reality. There are not the mere cause for

such

happenings, it is the

society

we live in and the outdated education system. Due to

such

circumstances, they tend to get employed on their own.

This

subject promotes job opportunities, economic growth, innovation in many fields and youngsters creativity reaches to a certain peak.

Nevertheless

, there are many drawbacks in

this

ideology

ofstartups

Suggestion

of startups

.

To begin

with,

firstly

, the

risk

starts with

experience

in

business

theme. To be precise, even the most outstanding student at the university need to have

experience

if he/she wants to rely on his/her career

into

Suggestion

in

business

,

that is

, theoretical knowledge is the only requirement to interact with

society

. Some people believe that, practical knowledge is not important for all types of studies, while I opine that, regardless of the stream of study, practical exposure and

experience

are of the utmost need for a student to stand on his own.

Secondly

, the

risk

with higher competitors. Currently, we can see there are many startups budding in a faster pace, whereas

also

getting depleted very soon.

This

is because, they do not consider the

risk

prior getting into a particular

fieldd

a piece of land cleared of trees and usually enclosed

field

, and so, start-up

business

is getting vanished as soon as they begin.

Furthermore

, one more added point as a drawback is the finance obtained to flourish the

business

. Every individual, who is in the urge to start their own employment, will

acquirea

Suggestion

acquire a

bank loan to start, despite their status.

This

is the most crucial step and should be taken with prior knowledge on a particular market,

experience

, and calculation of

risk

factors. , getting a loan for just

business idea

Suggestion

a business idea

without proper strategies will affect future prospects. To conclude, self employment is the best for the youngsters the

society

if considering each step with proper calculation.

Moreover

, with these factors, determination and persistence to chase the dream with sufficient strategies to withstand in the competitive

society

, will definitely make to flourish and reach great heights in the field of interest.