Nowadays many people choose to be self- employed, rather than to work for a company or organisation. Why might be the case ? What could be the disadvantage?

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It is certainly true that a large number of people these days opt to work for themselves
instead
of for other organisations or companies. I believe
this
is due to the myriad opportunities as well as lack of good jobs available.
However
, being
self
-employed can be a huge responsibility apart from posing financial risks and uncertainties along the way.
Firstly
, unlike in the past, the avenues for making a living nowadays are legion. With the advent of the internet and mobile devices, people have found an array of means to create wealth for themselves online.
For instance
, Deepinder Goyal, an engineer and the founder of the popular Zomato food delivery company, was working with a consulting firm before he became
self
employed.
Secondly
, the employment opportunities presently do not match the rise in population and a great section of educated youth do not find appropriate jobs.
Such
people are forced to start an enterprise to earn, which often do well. According to a recent study by Nasscom, 1300
start-ups
the act of setting in operation
startups
were set up in India in 2019, showing the growing inclination to be
self
employed.
Nevertheless
, working for
self
involves a lot of responsibilities vis-a-vis working in an organisation. The entrepreneur is accountable for every activity, while in a job it is shared by colleagues.
Moreover
, whereas an employee gets a
fixed regular
Accept comma addition
fixed, regular
monthly
pay
Suggestion
payment
, there is financial uncertainty and risk in
self
employement
the state of being employed or having a job
employment
, owing to unforeseen or unfavourable market changes. To conclude, according to me, a great number of people choose not to work for a company
in
Suggestion
at
present times and become
self
-employed due to lack of jobs or profitable business options.
Nonetheless
, economic challenges and extra burden are the downside of working for oneself.
Submitted by Adi Suryaputra on

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