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

In modern days people prefer to start own

business

, than working for others. It may be because of the freedom, they enjoy or the satisfaction, they gain becoming their own boss. Starting own venture has its own advantages and disadvantages, like the two faces of the same coin. To commence, with the lack of knowledge and experience in the field, they prefer is the major issue which was found among the startup companies. The practical side of the

business

is more complicated than the theoretical version, in the live field its purely based on how they tackle the day to day situations and circumstances.

For instance

, the number of startups which fails in the initial two years are higher, compared to the established firms.

Next

, the lack of investment is another issue which all the entrepreneurs face in the initial as well as the secondary level. Nowadays, most of the work is dependent on the venture capital they raise from the angel investors, but it's not necessary that everyone will qualify for seed funding or the

second

round of

further

investment. The angel investors will only invest in those

business

Suggestion

businesses

which are unique and have good potential, so, the lack of unique features and ideas will affect the fundings. To conclude,

enterprenurship

always looks attractive,

however

, people should always conduct a deep research and make proper plans before starting a

business

.