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 disadvantage of being self-employed?

A lot of people in the community decide to be self-employed or an entrepreneur than to be office workers because they will likely be challenging their skills by uncomfort moments throughout their life. In my opinion, the major disadvantages of

this

phenomenon are the high risk of bankruptcy and its impact on the personal and quality of life as well. In my opinion, it happens because plenty of people who are graduated from school or college without any business experience,

then

they are only paid by an institution with a low income.

Moreover

, society needs freedom during they earn money, without any pressure

such

as mental and physical issues related to their occupation. They consider the physical and psychological aspects of both options.

For instance

, fresh graduate folk will be likely to build their own business from the beginning as the track record rather than spend the time to reach the career ambitiously in the office.

In addition

, they could manage personal and family time

according

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their needs. They have a daily schedule to arrange the best priority for all of their activities.

Although

it is good to start the job, it should be assessed the internal and external factors of entrepreneurship. In my opinion, many things could be the disadvantages of

this

phenomenon. The main disadvantage of doing entrepreneurship is the high risk of bankruptcy due to competition and burnout.

For example

, as an entrepreneur, I need to prepare all aspects of producing, marketing and evaluating my product.

However

, it is not going to be easy for beginners because it relies on our money, networking, motivation and skills.

Furthermore

, it depends on our motivation and ability to improve our expertise by learning a new business. In conclusion, the trend regarding the high number of new entrepreneurs is the opportunity for the young population to increase the economic stability in the country.

Subsequently

, it is a good chance for society to assess and always evaluate the capability of working, so they could choose the best strategy to earn money.