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?

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There are a lot of people opting to work on their own
instead
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of being employed in a particular institution. There are various factors affecting
this
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case and
this
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essay will discuss some of the reasons and disadvantages behind
this
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trend. People are choosing to be self-employed because they have to face huge workloads, mental
stress
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, 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
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, they are opting to come out from all these burdens and will start to elaborate their on workplace and
business
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.
For example
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, 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
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to be independent in their workplace, they are choosing to be self-employed.
On the other hand
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, there is a number of disadvantages which they have to face when working themselves.
Firstly
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they need sufficient capital which is a vital part of beginning a
business
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or an organisation, and for that ,reason they have to access financial institutions to get loans .
This
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can be a burden in the future if the
business
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doesn't grow up to the mark.
Furthermore
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, the developers of
this
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business
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need to take on all the responsibilities of the organisation ,and it will add more
stress
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to that person . So being self-employed needs a huge initial investment and may put huge mental
stress
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on the developers .
To sum up
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, 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
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in the
business
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runners.
Submitted by geokavalackal on

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