English Composition I
June 6, 2009
Self-Employment vs. Working for the Man
Would you rather be self-employed or work for someone else? A person who is self-employed is an individual that works for him or herself instead of working for an employer that pays salary or wages. The individual is known as the primary or sole operator that earns their income through conducting profitable operations from their business. There are a lot of key factors to consider when deciding to become self-employed; personality traits and lifestyle choices are a few amongst many.
Starting one’s own business is a dream of many people despite the countless obstacles that it presents. The advantages of self-employment are that one can choose which offers to accept according to one’s own interests and being able to manage their own time towards the tasks or required work. A drawback is the support provided by a company is not available and one must rely on their own resources or seek assistance for resources. Another downfall is the lack of benefits. A self-employer is required to provide and pay for their own health, dental, and life insurances. They are also responsible for investing or saving for their retirement.
Self-employment is best suited for those who are responsible, disciplined, enjoy and able to work independently, and capable of operating at their own pace. Being self-employed provides immense freedom from undertaking any venture in which one cannot put their heart into, or being troubled by the employer’s disapproval. Hand in hand with this great freedom comes great responsibility and accountability. The success of the entire business enterprise lies solely upon the decisions made by the owner(s). The risk factor is extremely high so one must be prepared to fight against any and all barriers that may arise. Nevertheless, the joy one will get from leading a life of their dreams is worth...