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?

A progressing
number
of the general populace is opting to start their own
companies
instead
of working for a company mainly because of increased support for young entrepreneurs. In my opinion, the primary drawbacks of not having an employer are lack of expertise and its overall effect on
businesses
. On the one hand, the
number
of self-employed is related to young entrepreneurs and has its origin in widespread angel investment across a variety of industries. One well-known example of
this
can be seen on the popular show "Shark Tank", where a panel of investors and executives of investment firms hear product pitches and compete to acquire stakes in budding entrepreneurs'
businesses
.
This
show has launched a
number
of successful products, which has led to a trickle-down effect from the show. Not only has it turned specific dreams into realities, but it
also
encourages viewers
in general
Add the comma(s)
, in general,
show examples
to be more ambitious and has
therefore
been one of the main catalysts for the frenzy of self-run business in recent years. There are undoubtedly positives to all these start-up
companies
, but I would argue that the overall impact is negative because it results in numerous poorly run
businesses
. As an illustration, recently a dozen of ride-sharing apps including Uber, Grab, Go-Viet, and countless others have sprung up. The established
companies
have managed to provide a functioning app with high-quality service to meet the growing demands of
this
industry.
However
, the vast majority of small start-ups find themselves in over their heads with apps that barely function and driver shortages that specialise in inconveniencing customers. It would be better for the people starting these derivative
businesses
to either work in
companies
, gain valuable experience, look for gaps in the market and
then
develop worthy competitions or be content to have a steady job in a well-established corporation that they do not own. In conclusion, the rising
number
of self-run
companies
has led to a cult of overconfidence. If more people were satisfied working for others rather than pursuing unrealisable ambitions,
this
would be likely to better consumer products across the board as well as increased national economic prosperity.
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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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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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