It is a widely held view that the masses prefer to build their own business rather than working under an employer. This has become the latest trend for various advantageous reasons. On the other hand, there are numerous disadvantages as well.
To begin with, people tend to do their own work because of two reasons. Firstly, they believe that while doing their own job, they have the chance to earn more as compared to working under any employer. Secondly, it is believed that they can enjoy the freedom of job since they are their own boss and they do not have to actively report to anyone on their job. For example, according to a survey in herald magazine, a person who owns a small store found to be more satisfied and prosper in comparison with the job holder, therefore it has become a fashion to develop a business whether it is small or large.
On the contrary, there are some disadvantages which are linked to self employment. People who owns a business are in continuous mental tension of the finances of the work which can potentially affect their physical health. Also, the individual has to act vigilantly as there is also a high chance of betrayal from the employ who is working under him. For instance, there was a report on BBC that 60 percent of the small business holder are being robbed by their employer every year around the world.
To recapitulate, while self employment can be the source of extreme profit for one person, on the other hand, it can be a disaster for another, but its pros outweigh its cons.
It is a
widely
held view that the masses prefer to build their
own
business
rather
than working under an employer. This has become the latest trend for various advantageous reasons.
On the other hand
, there are numerous disadvantages
as well
.
To
begin
with,
people
tend to do their
own
work
because
of two reasons.
Firstly
, they believe that while doing their
own
job
, they have the chance to earn more
as
compared to working under any employer.
Secondly
, it
is believed
that they can enjoy the freedom of
job
since they are their
own
boss and
they do not
have to
actively
report to anyone on their
job
.
For example
, according to a survey in herald magazine, a person who
owns
a
small
store found to be more satisfied and prosper
in comparison
with the
job
holder,
therefore
it has become a fashion to develop a
business
whether it is
small
or large.
On the contrary
, there are
some
disadvantages which
are linked
to self employment.
People
who
owns
a
business
are in continuous mental tension of the finances of the work which can
potentially
affect their physical health.
Also
, the individual
has to
act
vigilantly
as there is
also
a high chance of betrayal from the employ who is working under him.
For instance
, there was a report on BBC that 60 percent of the
small
business
holder are
being robbed
by their employer every year around the world.
To recapitulate, while self employment can be the source of extreme profit for one person,
on the other hand
, it can be a disaster for another,
but
its pros outweigh its cons.