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 disadvantages of being self-employed?
Some
people
opt to start their own business
, instead
of working for someone else. People
who have start-up businesses are those who like to challenge themselves. However
, the downside of Add an article
a start-up
the start-up
start-up
is that they might not have a regular income.
Ambitious Fix the agreement mistake
start-ups
people
prefer taking on an adventurous journey rather than being a salaryman. They often want to try something new that is
not yet available in the market. Although
being self-employ does not guarantee a regular income, they would have great job satisfaction which is one of the crucial aspects to keep the business
going. For instance
, my brother proposed an idea to his company but his idea was rejected, as the company felt that it would not make any profit. However
, as he believed that his idea would greatly benefit people
and would be profitable in the market, he established his own business
.
The pitfall of a start-up business
is that,
they might not earn on a regular basis. Remove the comma
apply
This
could be bad especially if the entrepreneur does not have a strong financial background and yet, needs to support the family. Even though this
could seem like a small pain point, this
could actually lead to mishaps. For example
, a friend of mine decided to start a company using a bank loan. Unfortunately, his business
did not do well and he struggled to pay back the bank loan. He was too stressed to the extent that he shed a few pounds within a few weeks.
In conclusion, more and more people
, especially the motivated, young people
, are setting off to have their own companies. However
, they should keep in mind some negative aspects of immature businesses, such
as not getting a regular profit for a long period, so that they can be mentally prepared for such
events.Submitted by Wai on
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