Will self employment become an issue in the future?

[eldavis]

Due to the current situation of things, most persons are starting up businesses of their own, rather than waiting for the government to provide one for them or wasting time trying to secure a white collar job. Due to this there have been an increase in the amount of entrepreneurs and young business owners rising up by the day, do you think this would be an issue in the future? For example will there be more businesses than customers?!

 

[nomad]

I believe there will be some saturation in some areas but I do not think self employment will cause any issue. I also believe a lot of people will go back to regular job because they will fail to make money through self employment.

 

[Sanjeev]

Because of overpopulation here, the jobs are less here. Even qualified people get the job with difficulty.

 

[Shavkat]

It is happening now. There are so many small and large scale of businesses. It would be great if your business became stable when it planned to happen in the future.

 

[Hate2Wait]

I think its good in a way because still a large percentage of people may not go for business due to lack of awareness and they don't like to take risks

 

[Stardom22]

The self employment is already a big issue in my country. This poses a higher competition to the employment sector.

 

[King Belieal]

As more people are entering entrepreneurship, there would be more industries that would spring up and more innovation. It would lead to a balance.

 

[AmazingJob]

I believe that self employment has been an ongoing trend. The only problem is how the business owners can sustain their products and services. But I hope they are prepared for such.

 

[cherry123]

Nope, I don't see this happening because every one might turn to be a buyer. Your neighbour would buy from you and you do same. So it is a win win for every one