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 ?

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In recent years, we have seen an uptick in the number of
people
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opting for
self-employment
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. Compared to the traditional
role
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of working for a company or an
organization
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,
self-employment
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provides some specific advantages as well as disadvantages. Let us discuss why
people
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take up these
roles
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and what are the disadvantages of being self-employed. The major advantage of
self-employment
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is the flexibility it offers. It gives a person the freedom to choose the field of his interest. He can work in any area in which he is genuinely interested and not just for the sake of employment. He
also
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has the freedom to choose his timelines. He is no longer answerable to a person or an
organization
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and is answerable only to himself.
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Secondly
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,Secondly
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it provides him with an immense opportunity for personal growth. Self-employed
people
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have to work in multiple areas compared to working in an
organization
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, where the
roles
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are more specialized. As we have observed multiple times,
this
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wide exposure during
self-employment
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can greatly enhance personal growth and provides immense satisfaction to the
people
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who thrive in these kinds of
roles
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. In spite of all these advantages, there is some uncertainty involved in
self-employment
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roles
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. There is a greater chance of unemployment here as compared to traditional organizational
roles
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. There is a major requirement for continuously upgrading himself. As most of the
roles
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are temporary in nature and at the
point
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,point
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your value decreases, you stare at potential unemployment.
Secondly
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compared to long term monetary compensation,
self-employment
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jobs might pay less as compared to traditional jobs. Someone in a traditional job might have a chance of making more money in the long term as compared to a self-employed person.
Self-employment
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has its own advantages and disadvantages. While being your own boss might give you more flexibility in your career and life, the traditional
role
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in an
organization
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gives you more stability in your life.The kind of
role
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an individual has to choose depends on his outlook towards life. If you are someone who thrives on uncertainty and freedom ,
then
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go for
self-employment
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, else go for a traditional
role
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in an
organization
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.
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    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Summary
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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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