Self employment could bring many advantages. One of the advantages of being self-employed is that the profit the business makes belongs to the owner. If the self-employed person succeeds in business, he has the chance to earn a great deal of money. The profit earned is the reward for the owner's effort, ability and creativity. Thus, a second advantage is that a person's intelligence and abilities have a direct effect on the earnings. A third advantage of being self-employed is that a person can control his working hours. While not all self-employed people are completely free, most of them have more control over this area than the salaried people.
However, being self-employed is not without problems. First, being one's own boss places the responsibility directly on that individual shoulders. Everyone has some weaknesses in a certain aspects. These weaknesses will affect how successful a self-employed person is. Second, though the self-employed can earn considerable profits with a successful business, losses can force them out of business and sometimes, place them in debt. A third disadvantage concerns income security. Self-employed people have no guaranteed wage. Their earnings can vary greatly, depending on business conditions. Salaried people, however, can generally count on continued earnings.
In addition, salaried people often enjoy fringe benefits that mean greater peace of mind. One of these benefits may be insurance paid for by the employer that continues the employee's salary in the event of sickness or accident while many self-employed people do not have such protection.
With the competition in the job market becoming increasingly fierce for college graduates， some ambitious students have tried their hands at launching their own businesses. Over the years， there have been many successful cases of student entrepreneurship and such attempts should be encouraged and promoted by both the universities and the society at large.
College students who start businesses are pioneers， among whom will be born China’s future business leaders. Faced with unknown challenges， they are audacious enough to embark on a perilous journey while most of their peers enjoy stable salaries by working as white-collars at high-end office buildings. Nevertheless， they are the masters of their own destiny and， exposed to many more uncertainties and setbacks， they develop perseverance， stamina and the indomitable spirit that are indispensible to all the great entrepreneurs. Even if they fail， they are not down; they keep exploring for new business opportunities and work tirelessly until they succeed. As people of vision， of individual initiative， of leadership， and of creativity and innovation， they represent the future and the hope of a nation.
Not all college graduates are suitable for undertaking entrepreneurial projects. To launch a business， one needs to have a sound business idea， a viable business plan， the charisma to create a cohesive team where members make concerted efforts for a common objective， effective managerial skills， and above all， the courage to compete against powerful rivals and ultimately to prevail. The essential difference between the students who become civic servants in government organizations or employees at leading domestic or multinational companies and those who create their own businesses is that the former are docile followers whereas the latter are aggressive trailblazers. For this reason， business-launching college graduates are more admirable， and thus they command our deep respect.