Nowadays many people choose to be self-employed, rather than to work for a company or organisation
Why might this be the case?
What could be the disadvantages of being self-employed?
Recently, a lot of individuals prefer to run their own businesses to being employed by an establishment. In this essay, I will be elucidating the reasons for this attitude and also comment on the drawbacks of such preference.
To proceed, many will rather be their own bosses because they feel it promotes their versatility and productivity. It allows them chart their own paths and not achieve the vision of another. To illustrate this, the story of the founder of Microsoft comes to mind, he decided to begin writing computer codes even at a time when computing giants such as IBM were still grappling in the dark about the future of their organizations, and his intervention became the salvation the world needed to make computing and computers readily accessible and available. Research has shown that 80% of self-employed individuals report better job satisfaction when compared to employees of corporations.
As rosy as the idea seems, however, it is also bedevilled with a number of demerits. These include the encumbrances that litter the path to establishing the venture such as regulations and taxes. These usually involve a huge capital outlay which may definitely deal a great blow to the operating capital of the business, from which the individual may not recover. In Nigeria, more than 80% of start-ups fail due to these reasons. Another disadvantage is the lack of diversity in the business model, the individual being the sole authority will tend to make bad business decisions and without any group of advisers to point out the folly of such. On the long haul, they may not be able to make the desired impact as they would have wanted. An example of such was a young man who introduced a product to rival an already established brand, got overwhelmed by his perceived success that he went bankrupt within 2 years
In conclusion, being independent is gradually becoming the fad, due to the freedom to express it gives, however, there exists various drawbacks that may undermine such decisions. So, setting out properly and learning from others will go a long way in ensuring success.
Transition Words or Phrases used:
also, however, may, so, still, in conclusion, such as
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 9.0 7.85571142285 115% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 28.0 24.0651302605 116% => OK
Preposition: 51.0 41.998997996 121% => OK
Nominalization: 6.0 8.3376753507 72% => OK
Performance on vocabulary words:
No of characters: 1761.0 1615.20841683 109% => OK
No of words: 351.0 315.596192385 111% => OK
Chars per words: 5.01709401709 5.12529762239 98% => OK
Fourth root words length: 4.32839392791 4.20363070211 103% => OK
Word Length SD: 2.87826003144 2.80592935109 103% => OK
Unique words: 215.0 176.041082164 122% => OK
Unique words percentage: 0.612535612536 0.561755894193 109% => OK
syllable_count: 548.1 506.74238477 108% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 4.0 2.52805611222 158% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 7.0 4.76152304609 147% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 25.0 20.2975951904 123% => The Avg. Sentence Length is relatively long.
Sentence length SD: 93.9980731457 49.4020404114 190% => OK
Chars per sentence: 125.785714286 106.682146367 118% => OK
Words per sentence: 25.0714285714 20.7667163134 121% => OK
Discourse Markers: 3.78571428571 7.06120827912 54% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.178443378737 0.244688304435 73% => OK
Sentence topic coherence: 0.0584622315408 0.084324248473 69% => OK
Sentence topic coherence SD: 0.0610525946544 0.0667982634062 91% => OK
Paragraph topic coherence: 0.117291570972 0.151304729494 78% => OK
Paragraph topic coherence SD: 0.0641561074763 0.056905535591 113% => OK
Essay readability:
automated_readability_index: 14.7 13.0946893788 112% => OK
flesch_reading_ease: 46.1 50.2224549098 92% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 13.0 11.3001002004 115% => OK
coleman_liau_index: 12.13 12.4159519038 98% => OK
dale_chall_readability_score: 9.51 8.58950901804 111% => OK
difficult_words: 103.0 78.4519038076 131% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 12.0 10.1190380762 119% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 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.