Nowadays More People Choose to be Self-Employed IELTS Writing Task 2

The independence that comes with it is the main motivator for young people to choose self-employment. You have the freedom to pick your own working hours and to make schedule adjustments when you are self-employed. Additionally, a self-employed person might secure their future by earning a sizable sum of money from their firm. However, those working for corporations only receive a set income, which makes it challenging for them to strike a balance between work and life. When you work for a corporation, the possibility of losing your job never goes away. Additionally, the employee must abide by the company's laws and regulations. Being your own boss, though, can be demanding and frustrating. One who works for themselves should not miss deadlines. There won't be anyone to remind, thus it's up to the individual to remember everything. The person may suffer financial losses if they miss crucial deadlines and goals. At the end of each month, no payday is ensured. Additionally, it takes a while for independent experts to become established in their specialties. The promise of a secure future is the only thing absent from self-employment. I believe being self-employed has many advantages since it gives people the freedom to set their own hours and terms of employment. But if they don't achieve their goals, they might eventually fail. Prior to beginning self-employment, it is usually wise to be informed of the advantages and disadvantages.

Self-employment has been the sole reason behind small start-ups. Youngsters find it arduous to get a job as per their liking and preference. Individuals who wish to work in an acclaimed organization or get a well-paid job must have high academic qualifications or years of work experience. Such requirements are somehow disqualifying a larger section of job hunters. This leads to new companies and a desire to earn more in a short time. Self-employment helps candidates in such scenarios.

There are varying drawbacks as well in self-employment. The first thing is that self-employment does not come with a guaranteed luxurious life. If someone is working in a company, there is a guaranteed paycheck that will come at the end of the month. Another significant disadvantage that cannot be overlooked is the success of the company. They have to work throughout the day and sometimes late in night as well. This practice not just keeps them away from their friends and family but impacts their overall health as well. This also creates an imbalance in the work-life culture.
Working independently is beneficial for young stars as they can work on their own terms. They have free will and can do what they feel is correct. However, there are obvious disadvantages as well that must be considered before entrepreneurship is chosen.

Being self-employed gives you the liberty to choose the working hours and plan the schedule accordingly. Further, a self-employed business can earn a hefty sum of money for an individual, securing the future. Self-employment can provide freedom to work on the projects that the individual likes. It not only helps to encourage but self-employment helps an individual to follow their passion. They can take off if they feel that the work is monotonous at any given time. They do not have to rush to the manager for any leaves. There are benefits of self-employment but every benefit comes with drawbacks.

The first drawback is that if someone is self-employed, they need time to establish themselves. It does not always guarantee a stable life. There is no guarantee that they will receive a hefty paycheck at the end of the month. Success also comes at a later stage and it takes time. People need to work hard to establish a company. This takes their time and they are unable to meet family and friends. You do not get medical insurance as provided by all companies.

Self-employment is definitely beneficial for young stars as they can work on their own terms. However, there are disadvantages as well that must be considered.