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These Days Among Young People The Idea of Running Their Own Business Than Work As An Employer Has Become A Popular Trend

The document discusses how young people today prefer self-employment and starting their own businesses over working for employers, as it offers more freedom and flexibility. However, self-employment also comes with greater financial and personal risks. The document provides examples of individuals who successfully started their own businesses after leaving unfulfilling jobs.

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armeet kaur Bajaj
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17 views1 page

These Days Among Young People The Idea of Running Their Own Business Than Work As An Employer Has Become A Popular Trend

The document discusses how young people today prefer self-employment and starting their own businesses over working for employers, as it offers more freedom and flexibility. However, self-employment also comes with greater financial and personal risks. The document provides examples of individuals who successfully started their own businesses after leaving unfulfilling jobs.

Uploaded by

armeet kaur Bajaj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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These days among young people the idea of running their own business than work as an employer

has become a popular trend. However, this modern work style has both pros and cons. I would like
to discuss them in detail with some examples in my essay

Today’s youth value individualism and independence in all aspect of their life. Working under
someone else as an employer doesn’t offer much creative freedom and flexibility. For instance,
Sushant was a former call centre employ who worked 15hrs a day with underpaid salary and
received harsh workload and comments from his boss. In resentment with unhealthy work space ,
Sushant opted for a wise decision to quit his job and started his own cyber café and computer
classes. Over the time, his business grew into a bigger venture and gave Sushant a more productive
and comfortable environment for development. Self-employment and start-ups give wings to new
ideas and inspiration

On the contrary, self-business require one to take greater financial and personals risks. A person
needs to face multiple challenges i.e. establishment of a new enterprise, attracting customers,
creating business relations etc. with greater responsibility and determination. For example, When an
advertising executive and a public relations employee decide to give up their desk jobs at a ritzy
corporation in Manhattan, people’s heads turn. When they give up these “safe” jobs to take out
advances on their credit cards and sell ties out of their backpacks on the beach, people demand they
come back to their senses. Yet Shep and Ian Murray, two brothers who could’ve been sitting pretty
in their unhappy jobs, ignored that advice and sold 800 ties by hand in a single day – a venture that
would eventually become the company Vineyard Vines.

Their tie business has now made $100 million dollars in a single year, opened 18 stores, and sells in
outlets around the world – giving them the opportunity to never wear a corporate tie themselves
again.

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