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IELTS SPEAKING || MAY 2021 || CUE CARD || IELTSDK GLOBAL

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Talk about new-start-ups in society.

  • What do you know about start-ups?

  • What are the advantages?

  • What can be the potential disadvantages?






Best Possible Solution ;

  • Well, a new start-up is implementing a new business idea into practice.

  • This could be initiated by an individual or a group of members.

  • The fact is that there is a gigantic flair in the service industry and technology.

  • With the assistance of technology, people can possibly introduce start-ups into practice with a lot of ease.

  • Apart from that, these start-ups provide millions of jobs to the potential workforce.

  • Millions of the populace get a living source due to the new businesses.

  • For instance, start-ups such as Zomato, Ola, Uber, and many more burgeoned in no time.

  • Implicating in billion-dollar businesses and also bestowed jobs to millions.

  • Furthermore, start-ups also play an epochal role in boosting the economy of a sovereign state.

  • Last month my father also invested in a business start-up tying up with my uncle.

  • They established a restaurant in the Porsche area of Kurukshetra, in Sector 17’s market.

  • Albeit being a new setup, they attained popularity in such a short span due to their customer-oriented services.

  • It also catered to the comfort of not just the customers but the employees as well.

  • However, start-ups have so many merits but it is a risky business.

  • Some mortals invest their bread and butter without any prior knowledge or market research.

  • These actions could often lead to devastating consequences.

  • One such example is Vijay Malaya, Being from a business background he made a huge mistake instead of showcasing his knowledge.

  • Hence, he is alleged with fraudality along with a huge debt which he would never be able to pay off in his lifetime.

  • And due to him many employees also lost their jobs.

  • All I can say is that start-ups can be benevolent for the capitalist and the terrain as well.

  • But only if it is implemented with proper expertise and wisdom.  


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