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

There are a lot of people opting to work on their own

instead

of being employed in a particular institution. There are various factors affecting

this

case and

this

essay will discuss some of the reasons and disadvantages behind

this

trend. People are choosing to be self-employed because they have to face huge workloads, mental

stress

, and a lack of freedom in a structured environment under an employer. To explain , working for certain companies , the labours have to follow the rules and regulations, maintain attendance and punctuality , and suffer pressure from their seniors .

As a result

, they are opting to come out from all these burdens and will start to elaborate their on workplace and

business

.

For example

, most of the startups in Silicon Valley are created by employees running out from various companies and now they are working on their own.

Overall

to be independent in their workplace, they are choosing to be self-employed.

On the other hand

, there is a number of disadvantages which they have to face when working themselves.

Firstly

they need sufficient capital which is a vital part of beginning a

business

or an organisation, and for that ,reason they have to access financial institutions to get loans .

This

can be a burden in the future if the

business

doesn't grow up to the mark.

Furthermore

, the developers of

this

business

need to take on all the responsibilities of the organisation ,and it will add more

stress

to that person . So being self-employed needs a huge initial investment and may put huge mental

stress

on the developers .

To sum up

, people are opting to be self-employed because of, the lack of freedom and the structural environment in the workplace, but to work on their own creates more obligations and

stress

in the

business

runners.