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 disadvantage of being self-employed?

In
this
day and age, many
people
tend to
work
for themselves
instead
of working for a company. In
this
essay, I will outline some possible reasons for
this
,
as well as
its potential drawbacks.
To begin
with, there are many reasons that may encourage
people
to choose to be self-employed.
First,
it can allow them to have more flexibility in their
work
schedule, which can provide an opportunity for them to choose the hours they
work
, when they take breaks, and when they go on vacation.
This
can be especially appealing for
people
who have other responsibilities,
such
as caring for children or elderly family members, or pursuing other interests and hobbies.
Second,
it can lead to earning more money than traditional jobs, because
people
have an opportunity to set their own rate.
As a result
, the amount of money they earn may be tied to the amount of
work
they are able to do and the success of their
business
.
For example
, if someone runs a consulting
business
, they may be able to increase the charge of their services, allowing them to earn more income. Alternatively, a freelance developer can
work
on multiple projects at once, which may bring about a chance to earn more income through multiple streams.
While
self-employment can have many advantages, there are
also
some potential disadvantages that individuals should be aware of before deciding to pursue their career path. One of the possible drawbacks is that it can lead to a lack of social interaction and support, or they may feel lonely, as those
people
usually spend most of their time on their
business
to reach their goals,
as a consequence
, they may set aside other activities,
such
as spending time with friends and family, to focus on their
work
.
This
can be more tiring for those who thrive on social interaction and enjoy sharing ideas and solutions with others.
In addition
, when
people
are self-employed, they may be responsible for all aspects of the
business
,
such
as marketing, accounting, and sales, which may be overwhelming if they do not have enough experience in these areas. In conclusion, these days, self-employment is more appealing for many
people
than working for someone else, because they have more flexibility in their time and decisions, and they may be able to reach to higher income.
Nonetheless
,
this
has its own drawbacks, like some social problems and numerous responsibilities.
Submitted by ha.mahsa73 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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