A large number of people today wants to be self employed rather than working for a company or organisation. In today's time no one wants to work under other person as they want to establish themselves in the market. Huge amount of investment is needed for a startup which is a drawback of self employment. Self-employed population may face losses during initial stages.
First and foremost, increase in desire for superiority and suppression of creative ideas by working in companies make people to choose self employment over working for others. Higher authorities of organisation induce stress and pave a way for employees to work mechanically. As per The economist magazine the employees have better innovative ideas which are not appreciated by the companies. Thus, dissatisfaction towards the job and feeling of inferiority leads the individuals to establish their own source of income through their ideologies.
Furthermore, self employment is a risky job which needs a lot of confidence. To create employment for ownselves, there needs a huge sum of money. Individuals may face a number of challenges at the beginning of the period. For example, when someone starts a project they have to work for prolonged periods of time to prove themselves and to avoid shortage of money. Therefore the financial stability gets affected due to the deficit faced and on other hand they health will be deteriorated due to increased working hours
In conclusion, nowadays people are vexed up with routine life working under companies. There is increase in zeal for self dependency and establishment of newer projects to overcome the displeasure of present job. Though everyone wants to be self employed, the increase in demand for self employment is posing a threat of tough competition in the market. So, there may be losses at the start of the business.
A large number of
people
today
wants
to be
self employed
rather
than
working
for a
company
or
organisation
. In
today
's time no one
wants
to work under other person as they
want
to establish themselves in the market. Huge amount of investment
is needed
for a startup which is a drawback of self
employment
. Self-employed population may face losses during initial stages.
First
and foremost, increase in desire for superiority and suppression of creative
ideas
by
working
in
companies
make
people
to choose self
employment
over
working
for others. Higher authorities of
organisation
induce
stress
and pave a way for employees to work
mechanically
.
As
per The economist magazine the employees have better innovative
ideas
which are not appreciated by the
companies
.
Thus
, dissatisfaction towards the job and feeling of inferiority leads the individuals to establish their
own
source of income through their ideologies.
Furthermore
, self
employment
is a risky job which needs
a lot of
confidence. To create
employment
for
ownselves
, there needs a huge sum of money. Individuals may face a number of challenges at the beginning of the period.
For example
, when someone
starts
a project they
have to
work for prolonged periods of time to prove themselves and to avoid shortage of money.
Therefore
the financial stability
gets
affected
due to the deficit faced and on other hand
they health
will
be deteriorated
due to increased
working
hours
In conclusion
, nowadays
people
are vexed
up with routine life
working
under
companies
. There is increase in zeal for self dependency and establishment of newer projects to overcome the displeasure of present job. Though everyone
wants
to be
self employed
, the increase in demand for self
employment
is posing a threat of tough competition in the market.
So
, there may be losses at the
start
of the business.