Most of the people believe that being self-employed is much preferable than working in an organization or
. People can choose to work on their own terms and conditions
of obeying another person's rules and regulations.
, working independently can have some negative aspects
Recently, the trend of becoming an
someone who organizes a business venture and assumes the risk for it
or a businessman has increased as compared to being employed in any
because it provides an individual with lots of opportunities for starting a business or a startup of their own choice and work
for its growth.
has allowed numerous young talents to come out in the market and compete with their superiors.
, it is widely believed that independently working people are more successful than the one working under the guidance of someone. To illustrate, the CEO of Apple and Facebook started from a very small garage and opt out the organization they were working for, to explore their dreams and
they started their own
, being self-employed is not an easy task and comes with a number of challenges. Starting a work requires a lot of hardships
as finding a location for your
, bringing investments, setting up a website or
app to sell your products, interacting with different people to show how your product is different from others and the value associated with. It is believed that setting up a new business and competing with already established ones require a lot of struggle.
, if if fails
chances are that all the hard earned money will be lost and the person might struggle
depression in extreme cases.
To conclude, if a person is able to set up his business properly and is giving a good competition to his
there are chances that his profits will flourish and he is likely to be successful in future, whereas, if he is not
properly or sufficiently qualified or capable or efficient
he has to go through a huge loss that might have a severe
a phenomenon that follows and is caused by some previous phenomenon
on his mental health.