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 disadvantage of being self-employed.

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In today's society, people around the world have been turning to be more self-employed than working for enterprises. In
this
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essay, I will analyze some main reasons for
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trend as well as its drawback of being self- running business owners. One of the main reason is that most people hold the belief that entrepreneurs are able to make more money than salarymen.
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, many people, who are running their own business, tend to earn higher wages based on the growth of their trade. Whereas general employees can receive a fixed salary plus a minor amount of commission. Another reason is that they have the power to control their life.
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is because these people are more freedom to make a decision or designating when and where to work which salarymen are unable to have
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power.
On the other hand
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, being business owners
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bring the negative aspects of many areas.
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, at the beginning of the stage, they have to face uncertainties, especially unsteady wages. In some cases, they have experienced fluctuated financial security. If they do not have a good skill in financial management, they would be risky to fail.
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, it is extremely tough for them to get a bank loan due to the fact that the bank reviews them as a highly risky person except their trade is in a stable stage.
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, Work-life balance might be useless for them
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at the beginning of the journey. they are more tendency to work harder than a general employee in order to get their work run smoothly.
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, they have to handle with multitask
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as : marketing, sales, accounting and administrative task. In conclusion, being self- employment can contribute benefits and drawbacks to that person. Which one is your option is to depend on an individual's objective life. From my perspective on
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issue, it is true that taking out of comfort zone is full of uncertainty
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the long-run rewards far outweigh that risks. Even though they get the failure, they will get to learn the priceless lessons from their mistakes.
Submitted by lelaythongdala on

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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