Disadvantages of being self-employed

[Jewel]

Being self-employed has many advantages and people consider it to be more better than working for someone, but it's also has it's disadvantage. When one is self-employed, since they are working for their self not someone this could make them put less effort in the work , also since they are working from home, they can easily be distracted by things around them. What do you think.

 

[Goldynn89]

The need to show up all the time, do all the work yourself and also the encounters with failure which will beat you up are some of the disadvantages of being self employed.

 

[Starmix]

Being a self employed individual does not mean you do not have the ability to protect your future. You know well what to do in such a way that when you reached the retirement age you are already stable and financially independent.

 

[Kirubel]

No guaranteed income, no employee benefits, a lack of job security, the need to manage all aspects of business, longer work hours, and potential isolation from coworkers.

 

[neku]

The main disadvantage of being self employed is that it is very difficult to get paid work, especially online. Some workers find that all their leads, orders are systematically robbed, and the only work available is low end work which pays very less.

 

[eLdavis]

Being self employed means you would bear all the risk alone. If the business does not go well, it means you won't be getting any money.

 

[King Belieal]

When your business does not make profits, you as the entrepreneur doesn't have an income for that period. As an employee,.you get paid regardless of what's going on in the company.

 

[Suba]

There are several disadvantages if you become self-employed, especially uncertain income every month, you also have to think about employee salaries, the risk of losing investment and a heavier workload compared to being an employee at another company.

 

[Stardom22]

Being self employed is very risky in the matter of fact. First of all it's not a guaranteed means of earning and there is always the risk of loosing the investment in any way.

 

[AruneBend]

It can be risky because you don't know if you get enough money plus you can get a lot of money one month and nothing the other there can be also some benefits like higher earning potential

 

[freelancermaria]

Some of the disadvantages of being self-employed are - there is no job security, finances are unstable, no training from the employer (you will do everything on your own), etc.

 

[Nomad]

Generating continuous income is one of the major issues with being self-employed. I am saying this based on my personal experience. I have been self employed for almost 10 years and I know how difficult to build regular income

 

[Augusta]

Self employment means you are going to run everything for your self. You start and run the business and make a success of it