These days, self-employment has become an option for an increasing number of people who prefer to work for themselves rather than being employed in an organisation. Several reasons contribute to this phenomenon, and there are some drawbacks of being self-employed too, which will be discussed in this essay.
In today's world, many people tend to start up their own business for various reasons. First, some people have many work ideas and dreams in mind that they cannot implement as long as they work for a company or another person. When these people start their business, away from the law and regulations imposed on companies, they can fulfil their long life ambition. As a result, they will be accessible by a flexible work timetable and freedom of action and self-confidence. Masaru Ibuka, for example, quit his job and by launching his business, the Sony Corporation, he created a dramatic change in the world. Second, some individuals prefer to work from home and have a job because of their enormous family responsibilities. Thanks to the Internet and technology, this is possible, and these people can manage their lives better via holding their own business.
However, like everything else on the earth, self-employment suffers from shortcomings. Undoubtedly, beginning any business has its own challenges. People who have started their own business might encounter budgetary troubles and in many cases will not have government financial support or cannot loan from a bank. Therefore, their work will fail, and they will go bankrupt. Moreover, self-employment will have an uncertain income. In truth, if the income is low, the person spends more time and energy to achieve a more reasonable income, which causes fatigue and sometimes frustration in the person.
In conclusion, the need for liberty makes people want to follow the path of self-employment, but it can have its drawbacks because it implies an unpredictable salary, more working hours, and bankruptcy.
These days, self-employment has become an option for an increasing number of
people
who prefer to
work
for themselves
rather
than
being employed
in an
organisation
. Several reasons contribute to this phenomenon, and there are
some
drawbacks of being self-employed too, which will
be discussed
in this essay.
In
today
's world,
many
people
tend to
start
up their
own
business
for various reasons.
First
,
some
people
have
many
work
ideas
and dreams in mind that they cannot implement as long as they
work
for a
company
or another person. When these
people
start
their
business
, away from the law and regulations imposed on
companies
, they can fulfil their long life ambition.
As a result
, they will be accessible by a flexible
work
timetable and freedom of action and self-confidence.
Masaru
Ibuka
,
for example
, quit his job and by launching his
business
, the Sony Corporation, he created a dramatic
change
in the world. Second,
some
individuals prefer to
work
from home and have a job
because
of their enormous family responsibilities. Thanks to the Internet and technology, this is possible, and these
people
can manage their
lives
better via holding their
own
business.
However
, like everything else on the earth, self-employment suffers from shortcomings.
Undoubtedly
, beginning any
business
has its
own
challenges.
People
who have
started
their
own
business
might encounter budgetary troubles and in
many
cases will not have
government
financial support or cannot loan from a bank.
Therefore
, their
work
will fail, and they will go bankrupt.
Moreover
, self-employment will have an uncertain income. In truth, if the income is low, the person spends more time and energy to achieve a more reasonable income, which causes fatigue and
sometimes
frustration in the person.
In conclusion
, the need for liberty
makes
people
want to follow the path of self-employment,
but
it can have its drawbacks
because
it implies an unpredictable salary, more working hours, and bankruptcy.