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 era,

stand

Wrong verb form

standing

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upon your own feet is more essential in society. There are pros and cons of becoming self-employed apart from working for huge Industries or companies.

Hence

, both merits and demerits of

this

phenomenon are explained in the following paragraphs. To embark with, ample numbers of youngsters wish to be self-employed and set up their life.

First

and foremost, if a person is choosing to become a businessman or entrepreneur, it will boost their mind power as well as they might obtain numerous information about self-employment. Eventually, they are their own boss and making own rules and regulations rather than working under a company.

Moreover

, individuals need enough wisdom to be successful in

this

era because in the initial stage they may suffer but afterwards they get enormous success.

As a result

, entrepreneurs can enhance their skills and

also

their confidence level will increase. Ultimately, leading towards a luxurious life.

For example

, 50% of college graduates switch towards starting their own

business

instead

of doing

typical

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the typical

a typical

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job.

On the contrary

, there is always

other

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another

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side

of

Change preposition

to

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the coin.

Firstly

, risk factor always resides in a self-employed journey.

Although

, tackling the situation wisely can eliminate risk

factor

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factors

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upto

Correct your spelling

up to

to

some extent.

Secondly

, there is no assurance of stable income in entrepreneurship. To explain, due to the Market fluctuations the Demand and Supply forces may affect the revenue of the

business

.

Last

but not least, if an entrepreneur does not have effective

decision making

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decision-making

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capabilities, he may end up taking his

business

towards bankruptcy.

For instance

, according to one survey youngsters do not take stable decisions which

leads

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lead

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to affecting their

business

career. To conclude, the essay has been explored from both

the

Correct article usage

apply

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sides with enough evidence which

finally

allows me to pen down and state that it is essential for a businessman to have inside out knowledge about his field of operation

also

to gain that they must required experience which is

seeked

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sought

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from the job.