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