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.

How to choose a job has always been the primary concern of many people. Many graduates have decided to work independently

instead

of going to a company or an organisation.

This

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

, 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

, 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

, my friend gave up his teaching position to become a boss because he hated living a mediocre life.

On the other hand

, 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

, 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

, 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

, many individuals prefer self-sufficient jobs mainly because they pursue a career and the excitement and the challenging experience.

However

, 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.