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 the present economy, we have plenty of different options to do a job for a living. Self-employment is the trend

that is

being increased in no

time

. The ability to

work

independently and increase in making

time

for the family have attracted many to becoming freelancers contradicting the traditional way of working in a corporation that does not fulfil it.

However

, there is a risk of getting volatile income that could make them bankrupt. Freelancer is the boss for their

work

and they do it at their own pace. Significantly they get enough

time

to spend on their passion and other interests.

For instance

, we could see most of the software developers are working as independent developers who are not restricted to a company or a location. They are free to travel around to different places.

Also

gets enough

time

to spend with their family and friends.d

However

,

this

way of

work

would bring the risk of unstable income. If the

work

is not to the level of the client's expectations, they might not get paid even partially.

For example

, most of the nomads' designs were not been accepted by the clients and resulted in no payouts which lead them to no income. But

this

is not the case of being an employee in an organisation where they are paid out even if the project is a failure. To conclude, being self-employed gains access to spend

time

on one's passion and with their loved ones which attract more to become their own bosses nowadays but, it

also

comes with its own pro and cons.