It is a trend that people in today life choose to run their own business instead of being employed by a company or an organisation. In my view, there is a wide range of causes for this phenomenon, and I believe self-employment has some drawbacks.
There are several reasons why people tend to become self-employers. Firstly, due to the growth in population, people has little chances to get a good job. This means that if you want to get a well-paid job, you should have a high qualified degree and lots working experience. Secondly, the young with higher education and advanced technology have the desire to earn abundant money as quickly as possible. For example, a business makes numerous profits if their products suit the customer's need. Therefore, starting up is the best choice to become a millionaire after a night.
However, being self-employed can bring about various problems. To begin with, to start a company, a big invested capital is required. Certainly, new entrepreneurs cannot have such large amount money, so they must get a loan from the bank. If the company does not succeed in the end, it will go bankrupt as a consequence. Besides, new business needs to find a potential market, which is more difficult than ever before. Thus, they will be at risk because of having no consumption.
In conclusion, people have their own reasons to decide to become leaders. Nonetheless, detrimental effects such as financial loss should be taken care of while starting their own venture.
It is a trend that
people
in
today
life choose to run their
own
business
instead
of
being employed
by a
company
or an
organisation
. In my view, there is a wide range of causes for this phenomenon, and I believe self-employment has
some
drawbacks.
There are several reasons why
people
tend to become self-employers.
Firstly
, due to the growth in population,
people
has
little
chances to
get
a
good
job. This means that if you want to
get
a well-paid job, you should have a high qualified degree and lots working experience.
Secondly
, the young with higher education and advanced technology have the desire to earn abundant money as
quickly
as possible.
For example
, a business
makes
numerous profits if their products suit the customer's need.
Therefore
, starting up is the best choice to become a millionaire after a night.
However
, being self-employed can bring about various problems. To
begin
with, to
start
a
company
, a
big
invested capital
is required
.
Certainly
, new entrepreneurs cannot have such large amount money,
so
they
must
get
a loan from the bank. If the
company
does not succeed in the
end
, it will go bankrupt as a consequence.
Besides
, new business needs to find a potential market, which is more difficult than ever
before
.
Thus
, they will be at
risk
because
of having no consumption.
In conclusion
,
people
have their
own
reasons to decide to become leaders. Nonetheless, detrimental effects such as financial loss should
be taken
care of while starting their
own
venture.