In the current economy, many people prefer to be self-employed. Though working in a company or an organisation is also preferred by many. There are two major reasons why people prefer to be self-employed which are freedom and flexible work timings. Many people don't like working for someone else and cannot take orders from someone superior to them. According to a majority of people, it is easier to save and maintain financial security. They believe in not just passing the life but to have finances to make the best of the current situation and yet be secure for the future. Flexible work timings is another reason why people opt to be self-employed. There can be employees who have some personal commitments to fulfill which might become a roadblock in their professional career. For example, a friend of my mother had to give up on her job in a company because of the health issues of her child. Her child had developed a rare deficiency termed protein-energy malnutrition which made her allergic to any food item with wheat. Her child's degrading health required considerable attention and hence she chose to work from home as a tiffin service provider. The flexibility with work timings allows self-employed people to manage their timelines by themselves. Like every coin has two sides, there are some disadvantages to be self-employed. The first and foremost is stability. Working in an organisation is comparatively much more stable than a business that might or might not give profits. Secondly, all the expenses and even the minor work such as a work setup issue has to be handled by yourself whereas in a company such expenses and work are already handled. Another primary issue is the initial cost of the setup of the business or startup. The cost of the initial setup for being self-employed might be too high for people. To sum up, both self-employment or working in a company have their pros and cons and one must choose one according to their requirement. 
In the  
current
 economy,  
many
  people
 prefer to be self-employed. Though  
working
 in a  
company
 or an  
organisation
 is  
also
 preferred by  
many
. There are two major reasons why  
people
 prefer to be self-employed which are freedom and flexible  
work
 timings.  
Many
  people
 don't like  
working
 for someone else and cannot take orders from someone superior to them. According to a majority of  
people
, it is easier to save and maintain financial security. They believe in not  
just
 passing the life  
but
 to have finances to  
make
 the best of the  
current
 situation and  
yet
 be secure for the future. Flexible  
work
 timings is another reason why  
people
 opt to be self-employed. There can be employees who have  
some
 personal commitments to fulfill which  
might
 become a roadblock in their professional career.  
For example
, a friend of my mother had to give up on her job in a  
company
  because
 of the health issues of her child. Her child had developed a rare deficiency termed protein-energy malnutrition which made her allergic to any food item with wheat. Her child's degrading health required considerable attention and  
hence
 she chose to  
work
 from home as a  
tiffin
 service provider. The flexibility with  
work
 timings  
allows
 self-employed  
people
 to manage their timelines by themselves. Like every coin has two sides, there are  
some
 disadvantages to be self-employed. The  
first
 and foremost is stability.  
Working
 in an  
organisation
 is  
comparatively
 much more stable than a business that  
might
 or  
might
 not give profits.  
Secondly
, all the expenses and even the minor  
work
 such as a  
work
 setup issue  
has to
  be handled
 by yourself whereas in a  
company
 such expenses and  
work
 are already handled. Another primary issue is the initial cost of the setup of the business or startup. The cost of the initial setup for being self-employed  
might
 be too high for  
people
. To sum up, both self-employment or  
working
 in a  
company
 have their pros and cons and one  
must
 choose one according to their requirement.