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The Case Against Self-Employment

My wife, Barbara, can’t understand why on earth I’d want to be self-employed. She says:

Employers take care of a million details: they lease the workplace, maintain it, buy insurance, and provide health benefits, retirement plans, and so on.

Employers provide infrastructure: computer support, printing services, etc. at no cost to the employees.

Employers often provide free training, frequently on com­pany time.

Many people’s favorite part of the job is the social aspect:

conversations over coffee, little celebrations, for exam­ple. Most self-employed people are one- or two-person businesses. It’s hard to do much celebrating by yourself!

To be self-employed, you must be very self-motivated because there’s no boss to make you do your work.

To be self-employed, you must be able to develop strate­gies, implement your plans, troubleshoot, and solve problems — usually quickly, and by yourself. Most people need a team to make all of that happen.

You have to be willing and able to market your business. You must be easily likable, not afraid to ask people for business, and, above all, you must not procrastinate.

Well, I tell my wife, self-employment has advantages. I can be my own boss. I set my own hours, the way I work, and which clients I’ll work with. If I want to buy something for my office, I don’t need three signatures.

I don't have to work on teams — that drives me crazy.

But I have to admit that many of those advantages are more fantasy than reality: for example, the bit about setting your own hours. In fact, most self-employed people work very long hours, and, even when they are away from their work, they continue to worry about it. So, think very carefully before you change your job sta­tus from employee to self-employed.

Advice I’d give my child — here’s what I’d tell my daughter if she were thinking of starting a business:

If you’re intelligent, driven, business-savvy, and dying to be self-employed, develop a business plan and then see if you’re still excited. But I believe that most people should forget the “romance” of self-employment and instead look for a job. Do a thorough search, making all your inquiries in just one or two weeks to increase your chances of get­ting multiple offers so you can choose the best one avail­able. Treat that search like a job — most successful job­seekers spend 20 to 30 hours a week answering advertise­ments, as well as calling or writing potential employers, even if a job has not been advertised. Don’t forget to talk to everyone in your personal network so that as many peo­ple as possible know you are looking for work.

 

Assignment 11. Now think why workers leave theirs jobs. Give your ideas about the possible reasons then read the text and say whether you were right.




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