Many people choose to be self-employed instead of working for a company or an organization. I think there are several reasons behind it and disadvantages of being self-employed.
Firstly, the job market nowadays isn't great globally and it's getting more and more difficult to get jobs for the majority of people especially new graduates. Some young people choose to freelance or set up their own business instead becase they cannot get a job. Secondly, working for a company and organization doesn't necessarily mean a good job anymore as of today. Full-time job positions at a company could be tiring and stressful. Depending on the companies and sectors, working in a big company involves fixed working hours and office politics, workers may suffer from burnout. Therefore, some might choose to be self-employed to lessen the working hours and get a better work-life balance. Lastly, being self-employed nowadays could lead to a successful business. We have seen many small self-owned businesses or start-ups become huge later. Those who have great business ideas may prefer to be self-employed so that they could focus on growing their own business in this case.
However, the disadvantages of being self-employed are quite clear as well. First, not working for a company means there's no paycheck every month. Some people who have just started to be self-employed might end up not getting stable incomes. Also, a self-employed person loses access to health insurance and other benefits which usually are provided by companies. It is very likely that they need to pay for them by themselves instead. More importantly, self-employed people usually work on their own, with no one around. This would make them lose the chance to communicate with co-workers, and exchange ideas with them at a workplace, which is considered as an essential part of corporate life. They may feel bored and lonely eventually. This would affect one's mental health and cause depression in the worst scenario.
In a conclusion, there are many reasons why many people choose to be self-employed. The disadvantages of being self-employed are quite obvious on the other hand.
Many
people
choose
to be self-employed
instead
of
working
for a
company
or an organization. I
think
there are several reasons behind it and disadvantages of being self-employed.
Firstly
, the
job
market nowadays isn't great globally and it's getting more and more difficult to
get
jobs
for the majority of
people
especially
new graduates.
Some
young
people
choose
to freelance or set up their
own
business
instead
becase
they cannot
get
a
job
.
Secondly
,
working
for a
company
and organization doesn't
necessarily
mean a
good
job
anymore as of
today
. Full-time
job
positions at a
company
could be tiring and stressful. Depending on the
companies
and sectors,
working
in a
big
company
involves
fixed
working
hours and office politics, workers may suffer from burnout.
Therefore
,
some
might
choose
to be self-employed to lessen the
working
hours and
get
a better work-life balance.
Lastly
, being self-employed nowadays could lead to a successful
business
. We have
seen
many
small
self-
owned
businesses
or
start
-ups become huge later. Those who have great
business
ideas
may prefer to be self-employed
so
that they could focus on growing their
own
business
in this case
.
However
, the disadvantages of being self-employed are quite
clear
as well
.
First
, not
working
for a
company
means there's no paycheck every month.
Some
people
who have
just
started
to be self-employed might
end
up not getting stable incomes.
Also
, a self-employed person loses access to health insurance and other benefits which
usually
are provided
by
companies
. It is
very
likely that they need to pay for them by themselves
instead
. More
importantly
, self-employed
people
usually
work on their
own
, with no one around. This would
make
them lose the chance to communicate with co-workers, and exchange
ideas
with them at a workplace, which
is considered
as an essential part of corporate life. They may feel bored and lonely
eventually
. This would affect one's mental health and cause depression in the worst scenario.
In a conclusion, there are
many
reasons why
many
people
choose
to be self-employed. The disadvantages of being self-employed are quite obvious
on the other hand
.