A career change may be necessary to find employment, especially when the job market is stagnant. In other cases, a career change is necessary for growth.
However, some people find it unthinkable to make a career change after many years of specialization. But there are options that can help you make the transition. A career change doesn’t necessarily mean pursuing work that’s very different from your field. Here are some career change suggestions:
- Pursue entrepreneurship – Entrepreneurship is a way of changing careers without changing your line of work. Assess your skills carefully and determine if you can service a particular need. A person working in the tax department of a company, for instance, may set up a tax service business for individuals or other small businesses.
- Pursue a different line of work within your company – A career change may not necessarily mean leaving your current place of work. You can ask your employer to reassign you to a new position that you feel could provide you more growth. This option is known as internal job hunting.
- Your knowledge and experience can be great for teaching – Many colleges and universities offer part-time teaching jobs to experienced professionals for specific fields.
- You can pursue a blogging job – These days, blogging is no longer just a hobby. Many companies pay experienced professionals to blog about their specialized knowledge.
Important Reminders When Pursuing a Career Change
When the job market is stagnant and job security is low, some people may feel that a career change is the best option for growth. However, a career change isn’t an immediate process. Here are some excellent reminders if you are thinking about a career change:
- Have a savings cushion – Setting aside extra savings is always important when making a career change. Pursuing a new line of work can mean additional training, entering education programs or earning professional certification for new skills and expanded credentials. If you’re pursuing entrepreneurship opportunities, you will need start-up capital. Having a savings cushion can help you with these expenses.
- Gain experience – If you have earned credentials to qualify for a new line of work, you may want to increase your chances of finding employment. You can do this by adding work experience to your resume. Gaining experience may mean taking an internship, pursuing part-time work or working with a mentor.
- Work your network – A recent placement study shows that networking is the best way to find new job openings. If you want to make your career change as convenient as possible, be sure to tap your network for referrals and important industry advice.