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? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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How to choose a job has always been the primary concern of many people. Many graduates have decided to work independently
instead
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of going to a company or an organisation.
This
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essay will examine the reasons behind the phenomenon and its disadvantages. There are several factors why job applicants are reluctant to work for others but themselves.
Firstly
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, inspired by many self-made billionaires who are becoming household names thanks to the media and the internet, young people are eager to accumulate their fortune.
In addition
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, unlike a regular 9-to-5 job, being self-employed enables you to explore uncharted territory, making your life more challenging and meaningful.
For instance
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, my friend gave up his teaching position to become a boss because he hated living a mediocre life.
On the other hand
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, the demerits of being self-employed can not be ignored. It is common for some fresh graduates to start their businesses only to avoid the fierce competition at the workplace.
Consequently
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, without sufficient experience in a large company and strong expertise in a particular field, their business usually fails. The cost could be too much to bear.
For example
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, if a young adult is not financially ready for a venture and takes risks to invest, he might resort to high-interest loans, which may lead to excessive pressure and stress.
To conclude
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, many individuals prefer self-sufficient jobs mainly because they pursue a career and the excitement and the challenging experience.
However
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, the drawbacks are obvious, as being your boss can be risky and financially burdensome. Let us choose a career path based on our personality and capability.
Submitted by semsm42 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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