nowadays many people are choosing to be self-employed rather than to work for a company or organisation. why might this be the case? what are the disadvantages of being self-employed?

These days a lot of individuals are opting to

work

by themselves

instead

of working in a company.

This

essay will discuss the possible reasons which include better income and passion.

This

essay will

also

emphasize

on

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apply

show examples

the demerits of

this

situation. In the present scenario, numerous people are preferring to

work

on their own than

work

under someone. The possible reason for

this

is

because

Correct word choice

that

show examples

they want to pursue their passion.

For example

, freelancers who earn money by teaching their knowledge along with providing good services follow their dreams and do

this

out of passion. Self-employment provides a good income.

For instance

, a self-employed person is financially more stable than an employee in a corporate organisation since the pay is fixed and there are

less

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fewer

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commissions and bonuses

in contrast

to freelancers.

Although

self-employment is popular nowadays, there are plenty of disadvantages as well. Some of them are less social exposure and increased

work

pressure. According to many surveys, men and women working all on their own are having a minimum social life. To cite an example, employees in companies have abundant social gatherings and exposure as opposed to self-employed personas.

Moreover

,

this

also

leads to more managerial stress as everything related to

work

has to be managed by a single person. Stress causes more health issues

such

as hair fall, mental illness, and

also

will have an impact on the mood of a person. In conclusion,

this

essay discussed why people are wanting to be self-employed and the drawbacks of

this

situation.

Therefore

, a large group of working professionals are persuaded towards working on their own.