Reset: Moving to a Portfolio Career

With a four day week feeling like a five day week nowadays and the speed of change within employment, more people are moving to 'rest' through a Portfolio Career. Add in the need to work from home or on a hybrid basis and this can seem an attractive career move.

Many of us are looking to make big changes to our professional and personal lives through ‘resetting’ them. Recent reports suggest that many of us already have and more than one in five workers are planning to do so in the next five years.

But what is a Portfolio Career?

Basically, it is having several part-time roles in different sectors at once which can equal a full-time role – in other words you are in the ‘gig economy’.

This could be making a major career change to a more rewarding role, setting up a new business or turning that hobby of yours into a money-making venture. In other words, taking control of your life and the way you live it whilst ensuring (hopefully) long term financial security.

Take control of your career

With a Portfolio Career you can indulge your passions and your interests, having variety in your work life which may make a big impact on your personal life. Giving you control over your career.

The number of freelance and self-employed workers continues to rise every year with the barriers to entry getting less every year.

You would think that this would be driven by the more mature members of the workforce. But no, 70% of 40 somethings want to ‘reset’ and see major changes in their lives, with half wanting their own business as well.

The end of the corporate career

Perhaps the future we see of huge corporations and micro businesses - individual ‘consultants’ and freelance workers - with no sign of the SME, is starting to become reality.

Corporate careers seem to have been eroded over the last 25 years and the days of the true career path seem well and truly over: the portfolio career, which is ever changing, evolving and involves having several strings to your job bow, is now a great and rewarding path to follow.

Security or uncertainty?

We all want some control over our future and maybe ‘resetting’ your life and career is one way of getting this. But it seems strange that in our uncertain political and economic climate we would want more uncertainty through change; perhaps being empowered will bring security, both in your career and personal life as well as financially.

Make it pay

So, if you have a hobby and a passion outside of your day job, can you make a side hustle pay? With millions of workers being stuck in their jobs and not using their full range of talents, perhaps now is the time to find out and reset your career!