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?

Employment is categorized as an important deciding factor in a human's success in life. The modes of employment have changed drastically in the
last
couple of decades; people of that time were oblivious to the
present day
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present-day
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concept of entrepreneurship. There are
c
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a
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ertain set of pros and cons for both, having
self employment
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self-employment
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or working for a
company
. The choice for
the
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apply
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either mode of employment depends on the individual's professional priorities. An important perk of being an entrepreneur is the freedom to be your own boss. You get to take make all of the
company
's decisions yourself and shape its structure as per your vision. Sometimes an individual's believes doesn't match with the
company
's believes,
this
leads to employee resentment and the outcome is unfavourable to both the
company
and the individual. If we take a look at the current scenario, the market for start-ups has skyrocketed to an extent which only seemed like a hypothetical concept in the yesteryear.
On the other hand
, working in a
company
provides
a
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apply
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job security which is practically impossible in the initial years of a
self owned
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self-owned
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business
. The facilities like medical covers and life insurance lure a fair percentage of people to choose
working
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to work
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in a large scale
company
than a newly established smaller venture.
Furthermore
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,
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if the employee is married and is a parent, the fear of committing to a startup is increased by many folds.
However
, another way to look at
this
concern would be to keep in mind that every
company
starts from scratch, it would not be fair to not give the new
business
a fair surviving chance. If an individual believes in a startup idea, be it their own idea or while applying for a post in
such
a
company
, they should definitely trust their instincts and consider investing in it. To conclude, I feel if an individual
if
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is
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inclined towards having their own
business
should surely move ahead and there couldn't be a better time to invest in yourself
then
now. There is no greater feeling than having a
business
that you could call it your own and have established with your own sweat and blood. The current market is highly
favorable
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favourable
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for upcoming businesses and it a correct time to bet on yourself.
Submitted by linantony42 on

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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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