In
this
contemporary era, a majority of people prefer to run their own business, rather than to work for others. In my opinion, Linking Words
this
phenomenon may bring several benefits for them. I am Linking Words
also
convinced that self-employment has its own drawbacks too.
It is my view that setting up a personal business might be easy in recent years since globalization has been taking place so fast and the Internet provides a global marketplace. Linking Words
For example
, small businesses have been increasing Linking Words
due to
the virtual world and a vast number of adolescents find it practical to gain money through online shops. Linking Words
In other words
, social media become a source of revenue in Linking Words
this
modern century which facilitates trade and boosts interpersonal skills. Linking Words
Furthermore
, does not need strong credentials, since it is not competitive. Linking Words
In addition
, being their own boss offers greater freedom and a sense of achievement. Linking Words
For instance
, people who are self-employed have weekends off and flexible working hours. Research findings confirm that Linking Words
such
laborers become more creative and happier which results in a higher standard of living and a luxurious lifestyle in the long run.
I Linking Words
further
believe that self-employment has some negative impacts. First and foremost, there is less financial stability in Linking Words
such
careers, Linking Words
therefore
, many businesses fail to make a profit. Linking Words
As a result
, bankruptcy would be an adverse consequence which brings several detrimental impacts for the owner of the business. From an interpersonal perspective, it not only brings poor job security but Linking Words
also
vague career prospects which might lead to economic issues Linking Words
as well as
psychological problems Linking Words
such
as depression. Linking Words
Moreover
, self-employment involves hard work, long hours and total responsibility Linking Words
as well as
no pensions, sick pay and holiday pay. Linking Words
Therefore
, it is not preferable for elderly citizens, as they have a desire for a secure retirement with appropriate insurance.
In conclusion, having a sense of freedom assists individuals who are self-employed to become more innovative and live happier compared with those of work for an organization. From my standpoint, Linking Words
this
matter brings some disadvantages, namely facing financial issues and being bankrupt.Linking Words
shabnam.sohanian