Nowadays, many people choose to be self-employed, rather than to work for a company or organization. Why might this be the case? What could be the disadvantages of being self- employed?

In recent times, a significant number of individuals prefer to have their own business,

instead

of doing work for other bosses. In

this

essay, I will highlight the factors behind

this

trend,

as well as

their plus points.

To begin

with, the very first reason why people want to be entrepreneurs

due to

the fact that they can make much more profit. To explain, if a person is doing nine-to-five work, he/she will get enough money to fulfil his/her home’s expenses and have zero cash savings.

Instead

of

this

, if they start their selves marketing firms and they can earn more money. To cite an example,

according to

the Bloomberg recent survey, in the USA, 60% of youths are millionaires who are self-employed.

Hence

, having own business is more rewarding. Another reason would be it can make the masses, especially youngsters more creative. Since they get the knack for how to convince people to sell out their products;

besides

this

, they become good at making marketing strategies. On the hand

this

development has some pros,

firstly

, it gives freedom. To elaborate, if a person is working under managerial chains, he/she will be bound; they could not make any decision on their own and they have to take the dictations from their high position holders. On contrary, if they have their own workplace, it can provide liberation.

For example

, most of the under-20s leave their jobs because they do not like to be under someone's orders.

Secondly

, having their own work makes them less dependable. As they will not wait a month long for their ruminations and

also

face any delay of money etc. all in all, they have no dependency on others.

To sum up

, the own business trend is prevailing among the public, some reasons for

this

is that it is more profitable and make them much skilful. Some advantages are it gives them liberty and independence. I feel that government need to grant entrepreneurship opportunities

along with

some latest courses, so they will easily succeed.