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

this

contemporary era, it is widely seen that a bunch of personnel show reluctance in order to work for a company or organization, rather they decide to be self-employed. In

this

disquisition. I will explicate the possible

reasons

behind

this

phenomenon and some cons of being self-employed.

To begin

with, there are varied

reasons

behind choosing self-employment.

First

of all, it allows people to have a flexible working period. To elaborate

this

further

, if a person works for any organisation or company, it might have a strict schedule from 9 to 5, which might not attract some people to work for companies, leading to self-employment. Apart from

this

, due to the advancement of technology and the internet, it becomes easier to be self-employed by working as a freelancer. In Bangladesh,

for example

, the number of freelancers is increasing dramatically

as a result

of technological development.

Thus

, it is clear that there are viable

reasons

behind choosing the self-employment option.

On the other hand

, there are some drawbacks associated with

this

phenomenon. The most worrying object is that it might create a crisis in any individual's life. To decipher

this

, being self-employed, sometimes, not only affect the whole career of individuals but

also

impede them to use their potential.

Besides

this

, achieving success is quite hard by self-employing compared to working under a renowned organization, because it requires starting from scratch.

For instance

, the number of failed organizations is growing day by day,

hence

it hampers the careers of their employees as well as their CEOs.

Therefore

, the pitfall of being self-working is lucid. To conclude, in spite of having the fact that there are a plethora of

reasons

behind choosing to be self-employed, a number of drawbacks are

also

associated with

this

trend as well.

Nevertheless

, people are persuading self-working more than conventional company jobs nowadays.