It’s not uncommon to switch careers by venturing into a different industry. According to the Bureau of Labor Statistics, more than 50 percent of the working population change careers in their lifetime. However, some chuck their jobs before making sure all their ducks are in a row.
Identifying what you truly want is the first step in making the correct career change that will bring you happiness. Ask yourself a few questions to identify the essence of what you really want. Here’s a list of some questions that will put you on the right path. You don’t want to put the time and effort into a new career only to discover that you’ve made the wrong choice.
What skill set do you want to utilize?
What business cultures and types of people do you best thrive with?
What challenges do you enjoy?
What business outcomes do you want to support?
What benefits and financial compensation do you need?
One of the biggest mistakes people make is not developing a sound financial plan that will hold them over during the transition. It’s not practical to think one can go from a $60,000 salary in one career and replicate that same salary in a totally new career. It’s going to take time and effort. Consulting with a job counselor, researching the current and future outlook of the specific career and talking with a financial consultant are smart ways to decide what funds you need to support the change.
Before you take the plunge for a new career, be sure that you make sure you’ve got the educational, certificate or degree requirements. For example, if you’re a teacher and decide that you want to be a nurse, you’re going to have to attend a nursing program, complete a clinical experience and pass required state exams. The good news is that you can use previous undergraduate courses to fulfill credit requirements for most new degrees.
Above all, avoid the “build it and they will come” mentality. A career change does not come without research, preparation and funds to back you up.