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How To Make A Successful Career Change

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(CNBNewsnet)(June 11, 2018)--We live to learn and after many years in a certain you may want to change careers. This may because your priorities in life has changed, you feel stuck in your current career or you are simply look for new and exciting opportunities that will hopefully be more rewarding.

Whatever your motivation is, a career change is a huge decision that you should not rush into. A successful career change requires some level of introspection and taking time to reflect on which direction exactly you want to steer your career.

Here are tips on how to make a successful career change.

Know what you want

A common mistake among professionals is confusing the need for a job change with a career change. If you love what you do but dislike your boss or employer then what you need is a job change, not a career shift.

If you are certain about shifting careers, then you should have reasons why you want to leave your career and move into another one. Do you feel your skills would be better used elsewhere? Is money the motivation? Are you following your passions? These are some of the important questions you should ask yourself before initiating a career change.

Have a financial plan

The first aspect of your life to suffer is your finances and you need to plan and prepare accordingly. Unless you are simply changing managerial roles from one industry to another, a career change usually comes with significantly lower earnings than what you earned in your previous career.

This is because you have to be trained to fit into the new role and you will likely start at an entry level position which comes with a low starting salary unless you have transferrable skills that allows you seamlessly transition into a new career.

Do your research

Conduct some research about the ideal careers you are thinking of going into. It might not be greener on the other side.

Besides an internet research on the careers, talk to at least two people who are in the careers you are thinking of taking up. They should be able to give you a first-hand experience of what the career is all about, what you have to do to excel, the opportunities in the field, and the requirements of the profession.

From your conversation, you should be able to assess if you have what it takes to be in the profession.

Assess your skills

At this point you should have already narrowed down your list of ideal careers to one. Assess your set of skills against those needed in the career. Do you have any transferable skills? Do you need to bridge the gap and how do you go about it?

To bridge your skills gap, you can advance your education by going back to school through a Bill Gates Scholarship, taking professional development courses and attending requisite trainings and seminars.

For a smooth career transition, you can start learning the skills you’ll need in your new career before quitting your old job. This gives you a head start and makes fitting in much easier.

Related: CNB Business News