Portfolio Careers...the real alternative in the post COVID world of work.
Do you have multiple interests and passions? Do you struggle with narrowing down to just one career option? Or do you strive for more variety and ways to express yourself? Then a portfolio career may be just the thing for you.
Portfolio careers are fast becoming the career path of choice for experienced professionals at a crossroads, single parents and career changers. A portfolio career gives legitimacy to those enterprising people who have diverse talents and want to express them.
What is a portfolio career?
It’s the pursuit of more than one income source simultaneously, a mish-mash of traditional employment, contract-based work, freelancing, temporary jobs and home-based businesses. It's also a model for allowing flexibility and responding to changes in market conditions and global shifts.
The jobs in your portfolio career don’t necessarily have to be in the same industry or utilise the same skillsets. For example, one's portfolio could include; part-time work in recruitment; freelance photography; event management contracts and casual teaching at night. The most exciting aspect of creating a portfolio career is that it’s an expression of who you are. There are no rules. You decide what it comprises of.
To become a portfolio person, you must stop thinking in terms of having or not having a job. You need to take control of your life, make flexibility your credo and develop a portfolio of skills and activities, some for sale and some voluntary roles.
Many portfolio careerists create their portfolios using the following three-step formula;
- They establish their “bread and butter income”. This is income that can be relied upon to cover their basic needs. It may or may not be an area they are most passionate about.
- They pursue income-generating products, services or activities in areas they are most passionate about. Initially, this income could be minimal however it has the potential to generate their desired earnings.
- They freely accept pro-bono work to give back to the community and assist them with developing their craft, reputation and networks.
Remote working is now the accepted norm, so it is irrelevant where you live. What is relevant is your skillset and ability to deliver great professional outcomes to either employers or customers.
Talk to the Portfolio Career specialists at ACMA!
ACMA creates successful career-paths through detailed individual assessment, research and job market analysis, combined with expert personalised coaching.
Note: A Career Development Association of Australia research paper found that when professional career guidance occurred that the participant was 2.67 times more likely to secure a job.
All program services can be delivered via our interactive online cloud-based career management "Career Talk" system and/or "one-on-one" in our Sydney, Brisbane, Perth, Adelaide, Canberra, Melbourne, Cairns or Auckland offices.