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?

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Starting their own
business
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is becoming increasingly popular among
people
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. Most
people
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opt to start their own businesses
instead
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of becoming an employee of someone else company.
This
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essay will discuss the reasons for
this
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notion and it will
also
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explain the drawbacks of being a businessman.
First
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and foremost, companies give very low salaries to workers. It is very hard for most
people
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to manage their daily life with
such
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low wages. To illustrate, a worker can hardly get a salary under one lac in Pakistan, while they spend more money than their salary in one month.
Similarly
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, an employee can never grow in someone else
business
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. All of his hard work will be advantageous for the company only.
Consequently
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, the more hard work the worker, the richer and more successful will be the owner.
On the other hand
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, there are some cons to being self-employed.
Firstly
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, a new
business
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needs a lot of investment, which is not needed in any type of job.
For example
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,
people
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have to manage a huge amount of money before starting a
business
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which can be risky sometimes.
Secondly
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, it is very difficult to make a new product famous in the market. To illustrate,
people
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mostly prefer to buy from an old brand
instead
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of a new one. To sum up, it will cost a lot of effort and money to make a
business
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successful in the market. To conclude, a successful
business
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is far more advantageous than a job.
This
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essay discussed that low wages and no progress in work, force most
people
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to become self-employed , a new
business
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requires more investment, which can be risky and the ratio of
business
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success is
also
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very low.
Submitted by mohammadkashif934 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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