Is it ever too late to change my career?

Career changes happen for a variety of reasons and come in many forms. You may have chosen to or you may have been forced to make a change. Most times it isn’t too late to make a career change. So many people have proven that you can succeed in a new career even at a very advanced age. However, before taking the plunge, you need to make several considerations;

Do you have a strong network?

Making a career change requires you to have a very stroing professional network for a number of reasons. One, you need people to help make your transition as seamless as possible. These are people with experience in the field that you are joining. They will help you save much time that you would otherwise waste adapting to the new career. If you do not have such a network, a career change could still succeed but will be way harder. Such a network would include friends, family, former business associates, or those you have met in your current career.

Are you willing to practice?

While a career change may not necessarily involve a new line of work, when it does, you will need to put in many hours of practice. This is because you will be competing with people who have more experience in that field more than you do and are thus highly favored by customers. For many career paths though, sufficient practice gets you to the level of the best in the industry. Have an aim to surpass the best.

Do you have a financial cushion?

You need this for two reasons. First is that everything new has the very possible outcome of going awfully wrong. Your career change may not go exactly as you had planned and you may find yourself having to survive on money from your own sources. Secondly, if you are leaving employment to start your own business, then you will definitely require startup capital, sometimes depending on the type of business; this could be quite a hefty amount.

What is the change?

Career changes come in many forms. You could be leaving employment for entrepreneurship, leaving one firm for another in the same career or leaving one job for another. These changes all come with their own requirements and you therefore need to assess what exactly you require to make the change effective. Do you need to move houses, change states and so on?

Have you researched sufficiently?

Every change requires sufficient information to avoid major setbacks. Before engaging on a career change, ask yourself how much you know about you new career. How profitable is the business you want to start, what does it require? Answering the most pressing questions about the change will help you put the career change into perspective and make an informed choice regarding the feasibility of making the career change. If you need to, consult an experienced career advisor. They may just have information stemming from their experience that you might not possess.

How to choose the perfect career path for you

Choosing a career is perhaps among the hardest decisions one ever makes in life. The possibilities are so many but the future is uncertain and one can’t be too sure about what the passing of years will bring. However, there are simple considerations that you should make before deciding on a career path that will make it way easier to get to a decision regarding your future career.

What are your interests?

This should be approached as a very broad question and you should therefore divide it into various sub-questions. Your interest can be classified into your dream career, your hobby and what you enjoyed doing at school. Your dream career is often defied as what you would do if you had all the resources at your disposal. Your hobbies on the other hand can easily be turned into a career since many hobbies have a way of solving some problems or filling certain needs. Most people in the arts for example have carved out careers out of their hobbies and most have become quite successful at it. Lastly, you have to consider what you enjoyed at school. Most subjects translate quite easily into future careers.

What is your skill set?

This is also mildly related to you interest though not fully. While your interests involve much of what you would want to do, your skill set is what you can actually do. It starts with figuring out what you excelled most in during your school days. Most times, that area is where your skills lie. Have a thorough self-examination and consider where you excel most. Positioning your career from your skills makes it very comfortable and rewarding. This analysis should include how good you are in people skills, diagnostic skills, and technical skills amongst others. Take some time to talk to people who know you since their opinions about you maybe better informed as compared to a self-analysis.

What is your current situation?

This is basically a deep evaluation of your current state and what options are there for you. It begins with making a decision to know more about you. This is a bit difficult despite sounding pretty straightforward. Take some time off and think about what you really want. After this, evaluate your financial position, can it allow you to further advance your education or do you need a career first? It is very important to evaluate your desired field and analyze the requirements for flourishing in the career. Some jobs require higher levels of education than others. If you will need a master’s degree to succeed in finance, then you will need to acquire the same before taking the career path. Basically, this phase helps you compare your current situation with the ideal situation for your career and make decisions on bridging the gap if one exists.

How do you see your future?

Sometimes it is easy to determine the career paths that you can easily access. These are the ones that fit your skills and interests. Basically, choose a career that you can enter as soon as possible. Make sound considerations to about your financial security. Will your career path guarantee reasonable financial security? It is also important to consider how stable your job would be in your chosen career path. Does the industry evolve at a higher than average rate? Finally, get a copy of the Occupational Outlook Handbook. It contains highly valuable information.