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?

A trend of
self-employment
has recently risen, and many people are leaving their regular jobs to start working on their own.
This
approach might have some benefits,
such
as better work-life balance and less work-related
stress
;
however
, workers who choose
this
path could face some issues along the way. Starting with the benefits of
self-employment
, the
first
one is a healthy work-life balance.
This
is because those who are self-employed tend to have better control of their
time
. If they manage their
time
efficiently, they can have more leisure
time
to spend
however
they like.
Furthermore
, work-related
stress
might be minimized. Many employees,
for instance
, report that they get bullied by their bosses, which makes them anxious. Another source of
stress
is the result of worrying about getting fired if they did something wrong.
However
,
self-employment
might have unfavourable consequences, one of these could be a failure. Many people who start working for themselves in Egypt,
for example
, tend to fail within a year or so.
This
could be the result of inexperience, as many of them might attempt
this
without learning enough about how to run a business. Another reason is that they would not get the guidance that a company would provide.
Moreover
, their attempt may be counter-productive. To illustrate, they might think they would spend less
time
working,
nevertheless
, they end up working more hours than they would in a regular 9 to 5 job.
This
is likely to happen if they lack
time
management skills or other skills that are required for running a business. To conclude, despite the recent popularity of
self-employment
, as it can provide a better work-life balance and less work-related
stress
, it might impact workers' life negatively, because they could fail or get worse work conditions.
Submitted by aymanshabakaa on

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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