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?

In today’s advanced world, there is a growing trend of entrepreneurship, where individuals prefer to build their

business

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rather than working nine to five.

This

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is mainly driven by the flexible working hours and tasks,

however

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, there is a risk of uncertainty as a drawback. I will elaborate on the reasons and some downsides of the practice in the following paragraphs.

First

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and foremost,

entrepreneurs

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tend to not have exact hours of work. They might start their

day

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earlier or even later than the usual employees, which some people view as a life goal.

For example

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,

entrepreneurs

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can start working at 1 in the afternoon and only have two meetings in a

day

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,

hence

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they can stop working at 5 PM.

Secondly

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, the tasks are more varied,

for instance

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,

entrepreneurs

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can talk to their customers in a

day

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and have a chat with investors on another

day

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.

Moreover

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, they might focus on

business

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operations and marketing at the same time.

Nevertheless

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, there are some unavoidable downsides to being an entrepreneur

such

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as facing financial uncertainty and threat the mental health. Since the success of a

business

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is fully dependant on the efforts being put, there is not any guarantee that a businessman will earn the same salary each month.

Additionally

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, financial pressure tends to come along,

hence

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most likely to affect mental health. To illustrate,

entrepreneurs

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who use their own funds to establish a

business

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would need to work harder in order to grow their venture so that can gain profit faster. In a way of conclusion, despite the flexibility of working hours and tasks offered by being an entrepreneur, it might bring a negative impact on financial uncertainty and mental health. I believe that whatever jobs people pursue, they must face some disadvantages,

hence

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each individual must plan better to avoid the worse downsides.