It is a common aspiration among young people to run their own business rather than work for an employee. Do you think the advantages of working for yourself outweigh the drawbacks?

These days, it is a common aim of many people leaving university to try to start up their own
company
. They believe that that running a
business
has many advantages over working for someone else ,
such
as the freedom to make your own decisions. I agree with
this
point of view, but it is important to bear in mind that running a
company
does not suit everybody. There are several benefits of setting up your own employment. For me, the main one is that you have room to be creative.
Instead
of having to follow your employer’s decisions, you can set the goals for the
work
yourself which means that you feel more in control.
This
generally results in people feeling happier in their job. Not only that
,
Add the word(s)
but,
show examples
you can
also
keep the profits if the team is successful. If all goes well, you will earn far more than if you
work
for someone else.
For example
, if you set up your own graphic design group, and you build a good reputation you will be able to make substantial profits.You will
therefore
be more motivated to
work
hard, in order to make a success of your
company
. Having said that , it is undeniable that running a
business
is risky. If there is an economic downturn, or you make mistakes in trade decisions, your
company
go bust, which can mean that you lose everything and you have to lay off your staff.
Moreover
, it is very hard to switch off at weekends, because the
business
is always in the back of your mind. To sum up,
although
there is no doubt there are some risks associated with running your own
business
, I believe the benefits outweigh the drawbacks particularly with regard to making a decision.
However
, it should be said that not everyone is a risk-taker , and some prefer to
work
for someone else.
Submitted by saikiran.madugula777 on

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Essentional vocabulary list for IELTS Writing 7+

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Topic Vocabulary:
  • autonomy
  • implement
  • strategies
  • flexibility
  • diversification
  • innovative
  • fulfillment
  • stress
  • imbalanced
  • crucial
  • financial stability
  • competitive edge
  • adaptability
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