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?

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Today many
people
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choose to
work
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for themselves rather than for others. There are several reasons why
this
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may be the case, and there are
also
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a number of potential disadvantages of being self-employed. On the one hand, there are several reasons why
people
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seek self-employment.
First,
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many
people
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prefer to
work
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for themselves in order to have more control over their schedule and be able to plan their time as they wish.
Therefore
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, they can maintain a balance between their family life and their
work
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commitments. Another reason for
this
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tendency is that when
people
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work
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for a company, they try to achieve somebody else’s goals and help them to become richer without creating any improvements in their own conditions.
However
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, there are many examples of
people
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who started their own businesses and became rich overnight.
On the other hand
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, there are some disadvantages of being self-employed. When you run your own business, you have to deal with/handle lots of tasks on your own, which could put a great amount of pressure on you.
In addition
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, there is a risk of being unsuccessful in your business.
For instance
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, I know a friend who quit his job and opened his own restaurant, but since he hadn’t planned well, he couldn’t afford all the expenses and after a short
while
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he ended up bankrupt. In conclusion, I believe that nowadays many
people
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choose to become self-employed because they have more chances of becoming rich and creating a better life for themselves.
However
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,
people
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should become aware of all aspects of being self-employed before they make
this
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risky decision.
Submitted by parvane_ava 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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