Band 7 Example
Question: Why do some people choose to start their own company?
Idea 1
Desire for Independence
Model Answer
Some people start their own companies because they want independence. They don't like being told what to do in a traditional job. By having their own business, they can make their own decisions and set their own schedules. This freedom allows them to follow their personal goals and try new things without any restrictions.
Idea 2
Financial Opportunities
Model Answer
People also start their own companies for financial reasons. They see the potential to earn more money than they would in a regular job. Owning a business can help them build wealth and provide financial security. Plus, there are tax benefits for business owners, and if the business grows, it can lead to even greater profits.
Idea 3
Passion and Fulfillment
Model Answer
Starting a company can also be about passion and fulfillment. Some people want to turn their hobbies into a career. Doing something they love can bring more satisfaction than a regular job. They also get to offer unique products or services to society, which can be very rewarding. Building a business from scratch gives them a sense of achievement.