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 disadvantage of being self-employed?

In the modern era, a number of individuals opt to become entrepreneurs

instead

of working for other organisations or companies.

This

essay shall delve into the causes of the growing trend and discuss some possible demerits of running own

business

. There

are

Change the verb form

is

show examples

a myriad of reasons why people choose self-employment over a job. The most preponderant one is that the increasing work pressure by organisations and fewer salaries not only takes a toll on the health of employees but

also

takes away their family time.

For instance

, most multinational companies expect the individuals working in their organisations to devote a minimum of nine hours in the office and give targets to them as well. Servicemen are seldom given financial perks for their extra efforts.

However

, entrepreneurship provides a better chance to individuals to balance their professional as well as personal life. It

also

gives them hope that more efforts would lead to more profit. On the others hand, becoming self-employed brings some disadvantages along with it. The biggest con is that

business

involves huge risks. One might have to suffer huge losses in case the

business

fails.

Such

a financial crisis may

also

lead to suicidal thoughts among businessmen. Ashok Singh,

for example

, the founder of Cafe coffee day attempted suicide a few years ago because he was not able to cope up with the consecutive losses faced by his cafe.

Therefore

, before setting up a venture, one has to keep the risk factor in mind and become strong enough to tackle failure. In conclusion, it can be said that setting up own

business

is a better choice because of reasons

such

as less work pressure and more profits. But, the risk factor in trade is not really easy to handle.