In recent days, numerous people wanted to be entrepreneurs rather than employees. They are no longer interested in working for a company or institute. In this essay, we will explore the reason behind and some of the disadvantages of being self-employed.
Let's start with the latest business trend. The fast-growing e-commerce industry has created many opportunities for new startups. It is attracting more and more small-scale businesses to the platform as it yields good revenue. People finding it is easy to do this modern business on the internet rather than the traditional. Initially, many people joined this business model just for trying, but it became the primary work for them. These kinds of people were passionate about doing self business. Some good examples are online tuitions, marketing, stock trading, coding, document writing, selling products on e-commerce sites like Amazon, Lazada, and a lot more.
On the other hand, some set of people who are subject matter experts in their profession love to be independent and like freeness in their work, and they find difficulty in working for a company and corporate reporting hierarchy. These professionals like to start their own venture and build it as a profitable small-sized company, and sometimes it even goes higher. In many cases, these types of a small startup acquired by big giant companies.
Even though being self-employed looks very prestigious and trendy, it has its own downsides. Running the own business required much hard work, spending a lot more time than normal working, bearing financial risk, and, after all, its success based on market volatility. Many had lost their money and back to company payscale. However, people still succeed also.
In recent days, numerous
people
wanted to be entrepreneurs
rather
than employees. They are no longer interested in working for a
company
or institute. In this essay, we will explore the reason behind and
some of the
disadvantages of being self-employed.
Let
's
start
with the latest
business
trend. The
fast
-growing e-commerce industry has created
many
opportunities for new startups. It is attracting more and more
small
-scale
businesses
to the platform as it yields
good
revenue.
People
finding it is easy to do this modern
business
on the internet
rather
than the traditional.
Initially
,
many
people
joined
this
business
model
just
for trying,
but
it became the primary work for them. These kinds of
people
were passionate about doing self
business
.
Some
good
examples are online
tuitions
, marketing, stock trading, coding, document writing, selling products on e-commerce sites like Amazon, Lazada, and a lot more.
On the other hand
,
some
set of
people
who are
subject matter experts
in their profession
love
to be independent and like
freeness
in their work, and they find difficulty in working for a
company
and corporate reporting hierarchy. These professionals like to
start
their
own
venture and build it as a profitable
small
-sized
company
, and
sometimes
it even goes higher. In
many
cases, these types of a
small
startup acquired by
big
giant
companies
.
Even though
being self-employed looks
very
prestigious and trendy, it has its
own
downsides. Running the
own
business
required much
hard
work, spending a lot more time than normal working, bearing financial
risk
, and,
after all
, its success based on market volatility.
Many
had lost their money and back to
company
payscale
.
However
,
people
still
succeed
also
.