Nowadays many people chose to be self-employed rather than work for a company or organization. Why might this be the case? What could be the disadvantages of being self-employed?
Many people are becoming entrepreneurs than working as employees in recent times.
This
is because of the freedom to implement one
's ideas. While the drawbacks related to self-employment are the requirement of huge initial investments and also
require a lot of dedication and hard work
.
Recently, there are lots of people who prefer to start their own business than work
in a job. One
of the key advantages in such
cases is the liberty to use one
's ideas. In many companies especially MNCs workers are not provided with such
an environment where they can share their creativity freely therefore
getting implemented is out of the box. This
action further
pushes them to start their company which works as an advantage for them. For example
, a survey conducted by the Government of India on start-ups revealed that most of the owners left their 9-5 jobs and created their own empires due to the lack of appreciation and liberty to implement their ideas.
However
, there are various demerits also
associated with it such
as huge capital investment. In the initial stages, there is no return on investment despite which, the organizations have to pay salaries to their employees. Besides
these, a lot of hard work
and passion are necessary and one
has to burn the midnight oil during client deadlines which also
involves no days off during the festive seasons or the weekends as compared to the 9-5 job. For example
, In India, Small and Medium size business owners work
during the weekends and even on festivals sometimes for client deliveries due to the stiff competition among them.
In conclusion, starting one
's business gives the feeling of belongingness and liberty to implement one
's knowledge, but, it also
comes with a baggage of fear of failure, huge capital investment and a lot of work
till late hours until the customer's expectations are met.Submitted by pooja.newar12 on
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Answer the 'Advantages and Disadvantages' topic
IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.
Answer structure for the type of essay
- Introduction
- Body paragraph 1 – advantages
- Body paragraph 2 – disadvantages
- Conclusion
Examples to start your body paragraph:
- The main advantage is...
- The disadvantage of this...
- The main benefit...
- Despite these advantages...
- One possible drawback...