We are human, and as humans we make mistakes. One personal mistake that is all too easy to make is to get into the wrong industry. We get so frazzled with finding a job that we forget that we can change them later on, and instead end up in a career we don’t like years down the line just because it pays the bills.
You deserve better than that. There are so many possibilities out there in the world, and with the sheer amount of resources available to you, your dreams can come true, especially if that dream is to start your own business.
It isn’t easy to change careers later in life. In fact, it can be downright terrifying, but your happiness is at stake, and therefore you absolutely must follow this guide today:
The Difference Between Changing Careers and Changing Companies
The first step is to, of course, know where your discontent comes from. You might absolutely hate your job and dream of doing something else, but if the true cause of your hatred is your boss and the company culture you could be doing yourself a disservice. You need to suss out the true cause of your unhappiness to determine whether a new job search is in order, or a new career entirely. To do this, try asking yourself these questions:
1. Do You Feel Like You’ve Stagnated?
If you feel like you are not progressing in your career, this could be a good sign you need to switch companies or even roles, rather than industries.
2. Do You Not Like the Environment?
Similarly, if you don’t like the physical or cultural environment you live in, then you should consider whether a change of companies is all you need. If the tasks you do in the environment are causing you to dread going to work every day, however, chances are you will need to find something far more stimulating.
3. Does Your Industry Interest You?
If you don’t care about the industry you work in and never have it is time to make a change. If you are lucky, you can transfer your skills to a different industry and start from there rather than from scratch, but that doesn’t mean you should give up on your dreams. First, try looking into what it would take to achieve the qualifications your dream job requires.
Understand What is Holding Your Back
Once you know for sure that you want to change your career, not just companies, you then need to address what is holding you back.
Lack of Qualifications
There are many positions out there that require you to have formal qualifications to join. If you are switching careers later in life, this will often mean that your dream of becoming a surgeon is out of the question, as medical school can take far too long to complete and cost you your entire savings and pension.
That being said, there are endless possibilities out there for you. If you are a health nut, for example, you can easily take your passion full time and turn it into a profitable personal training career. Age is no barrier here, either. In fact, you could put together a healthy client list of people your age or older who feel more comfortable working with someone they can aspire to be. Personal training qualifications are very easy to achieve with online learning opportunities, so you can start your new career off right and start living your dream in no time.
Lack of Funds
Starting a new business can be a huge move that is stopped dead in its tracks by a lack of funds. Rather than let this get you down start saving for it. While you save you can start doing the vital market research and create a business plan that will help you secure more funding and succeed once you launch.
The unknown will always be scary, but you must make the plunge if it is your dream and you absolutely cannot stand your old job.
How to Make the Dive into a New Career
To successfully transition between careers there are a few steps you will want to take beforehand.
Prepare Before You Quit
Try to get as much preparation work done before you quit. This includes taking online courses to gain the qualifications that you need as well as saving up for funds and more.
Build Up a Healthy Emergency Fund
As changing careers is a risky move you want to be prepared. A great way to do this is to save up a hefty emergency fund. This fund should be able to support you for at least half a year without income. That way you have a bit of breathing space to make a go of your career goal and also have enough time if you change your mind to find your old position at a different company.
Start Paying into a Private Pension Scheme
When you start your own business or become a freelancer, you need to visit your bank or specialist to start up your own private pension. Your retirement needs won’t go away just because you start your own company. If anything, they become more important, so save privately as soon as possible.
Succeeding in Your New Career
To succeed, you must be willing to go above and beyond for your own goals. You are playing catch-up, after all, and therefore need to be truly passionate about your new career. Combine this with great time management and healthy living routines and you will be able to lead a better, more fulfilling life.
Your career is a huge part of your life. You spend 8 or more hours a day there. Your friends are there. Your livelihood is there. It can be very difficult and terrifying to break away from this safety blanket, but if you aren’t happy in your position and dream of doing something else, you owe it to yourself to try. Be smart about it, plan ahead and always have a financial buffer to keep you afloat while you try out your new career, but do try.