Some people say that self employment is better than a job in company or an institution Discuss what is your opinion Give reasons to support your answer

In today's world , many young people dream of becoming entrepreneurs. Self employment that is running your own business is an interesting and challenging task . Some people believe that self employment is better than working in a company. I feel that running your own business demands special skills, experience , patience and determination . A person should gain these skills before starting his own business.

Self employment offers many benefits .The main advantages is that one can choose the type of work according to one's own interests. A self employed person can manage his working hours on his own and can work at his own pace. Moreover , successful entrepreneurs earn huge salaries . But with all these advantages ,self employment requires huge investments , patience and determination . An individual should have good decision making and risk taking abilities to run a business successfully .

On the other hand , working in a company offers regular monthly paychecks, various bonuses and incentives . An individual need not worry about taking correct decisions. A salaried job offers sense of security and working for defined number of hours . Working in a company offers excellent opportunity to gain expertise, making good relationships and networks with other employees and saving money for future ventures.

Thus to conclude I believe that to master in a field and experience freedom , self employment is better than working in a company . But an individual should understand the essential requirements for running his own business and should be ready to face the challenges of self employment . Therefore , before starting own business , one should spend some years in a job to gain experience , gather finances and then a person is ready to pursue his own dreams.