People like working for a company rather than starting their own business.
Why is this the case?
What can be done to encourage people to start their own business?
People often rely on getting employment with a good organisation and spend life as employee rather than choosing to become an entrepreneur. This essay will discuss reasons behind this scenario, and what can be done to motivate talented people to start their own venture instead.
Firstly, one of main reason behind people not interested in becoming entrepreneurs is lack of capital investment, considering 90 percent of world population is either middle class or poor. Consequently, they don’t have enough funds to start business at their own, even if they have excellent business plan. Secondly, an entrepreneur requires leadership qualities and excellent business idea in modern world of cut throat competition. People may be afraid of starting new business as they don’t have enough experience to face high competition in the market.
There are many steps which can be taken by government and private organisation to motivate potential entrepreneurs to start their own business, instead of them choosing to work for another organisation. Government can make policies to support new start-ups such as sharing risk with banks to give loans to start-ups, or motivating big organisations to support unique small businesses through capital investments. For example, Silicon valley is an excellent example of this, where start-ups with unique business model can get funding very easily due to support from big businesses and policies of United States of America. Similarly, Government and established businesses can provide required training to motivate people to start new businesses, so that they are not afraid of failure due to not having enough experience.
To conclude, lack of enough capital and experience are two main causes of people choosing to become an employee, instead of employer, and these obstacles can be removed to an extent if government and established organisations choose to extent their helping hand in terms of money and required training.
- The graph below given information from a 2008 report about consumption of energy in the USA since 1980 with projections until 2030. 73
- People like working for a company rather than starting their own business Why is this the case What can be done to encourage people to start their own business 89
- the graph shows the oil production capacity in 6 countries between 1990 and 2010. 73
Transition Words or Phrases used:
consequently, first, firstly, if, may, second, secondly, similarly, so, for example, such as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 10.0 13.1623246493 76% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 3.0 7.30460921844 41% => More relative clauses wanted.
Pronoun: 14.0 24.0651302605 58% => OK
Preposition: 49.0 41.998997996 117% => OK
Nominalization: 15.0 8.3376753507 180% => OK
Performance on vocabulary words:
No of characters: 1674.0 1615.20841683 104% => OK
No of words: 306.0 315.596192385 97% => OK
Chars per words: 5.47058823529 5.12529762239 107% => OK
Fourth root words length: 4.18244613648 4.20363070211 99% => OK
Word Length SD: 2.97226848372 2.80592935109 106% => OK
Unique words: 175.0 176.041082164 99% => OK
Unique words percentage: 0.571895424837 0.561755894193 102% => OK
syllable_count: 520.2 506.74238477 103% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 3.0 0.809619238477 371% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 11.0 16.0721442886 68% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 27.0 20.2975951904 133% => The Avg. Sentence Length is relatively long.
Sentence length SD: 52.1143053916 49.4020404114 105% => OK
Chars per sentence: 152.181818182 106.682146367 143% => OK
Words per sentence: 27.8181818182 20.7667163134 134% => OK
Discourse Markers: 8.36363636364 7.06120827912 118% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.363888262175 0.244688304435 149% => OK
Sentence topic coherence: 0.144942676499 0.084324248473 172% => OK
Sentence topic coherence SD: 0.0964659640772 0.0667982634062 144% => OK
Paragraph topic coherence: 0.226056246153 0.151304729494 149% => OK
Paragraph topic coherence SD: 0.0966675821751 0.056905535591 170% => OK
Essay readability:
automated_readability_index: 18.2 13.0946893788 139% => OK
flesch_reading_ease: 35.61 50.2224549098 71% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 15.0 11.3001002004 133% => OK
coleman_liau_index: 14.74 12.4159519038 119% => OK
dale_chall_readability_score: 8.69 8.58950901804 101% => OK
difficult_words: 72.0 78.4519038076 92% => OK
linsear_write_formula: 11.5 9.78957915832 117% => OK
gunning_fog: 12.8 10.1190380762 126% => OK
text_standard: 15.0 10.7795591182 139% => OK
What are above readability scores?
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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.