A large section of society has inclination towards starting up a business venture. People, in the modern times, like to be the employer rather than the employee. This essay will state the reason of this practice in the first paragraph, and in the second paragraph disadvantages will be mentioned along with the supporting examples.
Nobody nowadays likes to be dominated and intimidated. As it is for a known fact believed that an employee is held accountable for the any sort of mishaps and delay in work. Moreover, there is a huge profit margin in owning an enterprise because the owners generally have a direct contact with the client. For instance, the innovator of Microsoft Bill gates has successfully found his niche, and generating a million dollars quarterly. Therefore innumerable number of people desire to achieve the same level of success like other entrepreneurs.
A startup in the beginning demands a colossal amount of investment for promising gains and stability in the market. In addition to that, a person is less disciplined when there is no authority to control their actions. Firstly, there is no guarantee of lucrative outcome secondly, head of the organisation in general do not follow the schedule which can hamper the monetary benefits. Without adequate resources and assistance it is insurmountable. Like, in first few years plethora of firms go bankrupt and are bound to sell their liquid assets to cover the losses. As a result, it is not an easy task to accomplish and comes with several risks.
In a nutshell, it is advocated that one must try to establish a company considering the factors stated above. As it is easier said than done, the consequence of a failed operation must not be taken lightly.
A large section of society has inclination towards starting up a business venture.
People
, in the modern times, like to be the employer
rather
than the employee. This essay will state the reason of this practice in the
first
paragraph, and in the second paragraph disadvantages will
be mentioned
along with the supporting examples.
Nobody nowadays likes to
be dominated
and intimidated. As it is for a known fact believed that an employee
is held
accountable for the any sort of mishaps and delay in work.
Moreover
, there is a huge profit margin in owning an enterprise
because
the owners
generally
have a direct contact with the client.
For instance
, the innovator of Microsoft
Bill gates
has
successfully
found his niche, and generating a million dollars quarterly.
Therefore
innumerable number of
people
desire to achieve the same level of success like other entrepreneurs.
A startup in the beginning demands a colossal amount of investment for promising gains and stability in the market.
In addition
to that, a person is less disciplined when there is no authority to control their actions.
Firstly
, there is no guarantee of lucrative outcome
secondly
, head of the
organisation
in general
do not follow the schedule which can hamper the monetary benefits. Without adequate resources and assistance it is insurmountable. Like, in
first
few
years
plethora of firms go bankrupt and
are bound
to sell their liquid assets to cover the losses.
As a result
, it is not an easy task to accomplish and
comes
with several
risks
.
In a nutshell, it
is advocated
that one
must
try to establish a
company
considering the factors stated above. As it is easier said than done, the consequence of a failed operation
must
not
be taken
lightly
.