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You are here: Home / Archives for Second careers

Second careers

Start a portfolio career – tips

November 15, 2020 By //  by Rachel Brushfield

There are 3 key stages to launching your own successful portfolio career:

Stage 1: Re-evaluating your career

Stage 2: Marketing your portfolio career

Stage 3: Managing your portfolio career

Stage 1: Re-evaluating your career

Deep self-reflection is common and very useful, if not essential, before starting your portfolio career, in order to ensure efficiency, maximum success, minimum stress, and a bespoke work-life blend to fit you exactly.

Many life and work events create a career or life crossroads – a catalyst for a need to re-evaluate and a desire to make a positive change. These include; not achieving a promotion or pay rise, having a baby, divorce, returning to work after having children, a stress tipping point, moving locations/countries for a partner’s job, redundancy or a bereavement.

Stage 2: Marketing your portfolio career

Research by Executive Appointments shows that the most important elements for success are networking and self-marketing. Yet in their study, 32% of professionals worry about finding suitable roles and 21% worry about the constant need to network.

We help many of our clients to market themselves. Women naturally feel uncomfortable marketing themselves, which is partly why a low proportion of women achieve senior positions or enjoy the same rewards as their male peers, with the result that many women opt out and choose self-employment.

We help our clients to find self-marketing strategies that work and are time and cost-efficient. We have run many events and written articles in this area and, as seasoned networkers, we can support you in many ways. 

Stage 3: Managing your portfolio career

Multiple work strands means more things to juggle, so it is essential to be organised and have good systems and processes in order to be efficient and look professional.

We have perfected our own self-management over the last 20 years so can share shortcuts and tips to help, including time-saving technology, templates and tools, and using a virtual PA. 

Energise approach

We support our clients with all three key stages to help them to create, market and manage their portfolio career.

Benefits of our approach and experience

There are many benefits for you from working with Energise:

·               our personal experience of having and evolving a portfolio career over 20 years, including freelance, interim contracts and retainer work;

·               up-to-date knowledge of work trends, what skills are in demand and what qualities and competencies employers are looking for;

·               a deep understanding of in-demand skills and competencies and where and how these are transferable and useful;

·               extensive high-quality networks to introduce you to useful people to help you find out about options and understand what’s involved;

·               extensive experience of helping professionals and executives to market themselves, overcome blocks and use social media expediently;

·               the Energise team members’ experience of successfully evolving their own career directions and evolving their own portfolio careers over time. 

Peter Wilford https://www.linkedin.com/in/peterwilford/
Rachel Brushfield https://www.linkedin.com/in/energiseliberateyourtalent/

A portfolio career enables you to liberate more of your talents.

Many people when working in one job feel frustrated that not more of their skills, knowledge were being utilized. This is why we love the image of a butterfly and use this image on our Inspiring Portfolio Careers web site.

Get in touch to arrange your free 20 minute consultation: https://www.inspiringportfoliocareers.com/contact-us/

Filed Under: Portfolio career, Second careers

Pros and cons of a portfolio career

November 15, 2020 By //  by Rachel Brushfield

A portfolio career has many positives, especially if you find the hierarchical nature of working in a corporate frustrating and limiting, or are a creative person with multiple interests and pursuits.

There are some cons to a portfolio career, but these can be managed and the risks mitigated with careful planning. 

Research shows the top four things that people look for in work: 

1.    Freedom and flexibility (79%)

2.    Using my talents to the full (54%)

3.    Meaningful work (44%)

4.    Control (37%)

The main reason to become self-employed:

1.   To have more freedom (55%)

2.   To be creative and make the most of a good idea (30%)

3.        To escape a bad workplace (15%)

Pros of a portfolio career

  • Freedom
  • Autonomy
  • Fulfilment
  • Flexibility
  • Choice and control
  • Safety net to spread risk
  • Work-life balance
  • Build skills & marketability
  • Follow multiple passions
  • Evolve and edit to suit
  • Time to study and travel
  • Politics & hierarchy free
  • Self discovery, learning & growth
  • Safely explore self employment
  • Variety and stimulating challenges
  • Scheduling to suit your needs & family

Cons of a portfolio career

  • Financial uncertainty
  • Disciplined self-management needed
  • Unpredictable work
  • More things to juggle
  • Must monitor changing trends
  • Need to market yourself
  • Regular networking essential
  • Fund own holidays
  • Fund own benefits eg pension
  • Fast learning curve
  • Personal change can have an impact
  • Can be hard to switch off
  • Possible loneliness & isolation
  • Reduced employment rights
  • Responsibility for own decisions
  • Need a distinctive personal brand

Get in touch for your free 20 minute consultation to find out if a portfolio career is for you: https://www.inspiringportfoliocareers.com/contact-us/

What is Energise founder Rachel Brushfield’s portfolio career consist of? https://www.linkedin.com/in/energiseliberateyourtalent/

Filed Under: Portfolio career, Second careers

What does portfolio career mean?

November 15, 2020 By //  by Rachel Brushfield

There are a number of different definitions of a portfolio career. The government (HMRC) defines self-employment as: “when an individual can decide how, when and where they work”.

Other definitions include: a work pattern of several employments followed simultaneously and an employment pattern that involves working part-time or several different jobs or freelance projects at any one time, rather than a succession of single full-time jobs.

The impact of Covid-19

Covid-19 has caused many redundancies, increased the number of people becoming self-employed because they cannot get a job in shrinking sectors and also reduced the number of freelance projects available with increased the competition for them.

Companies are focusing on ‘must do’ projects with on-going uncertainty, not ‘nice to have’ projects, and sticking to existing trusted providers. There is also downward pressure on pricing/day rates – supply and demand.

All these factors are increasing the number of people open to a portfolio career to spread the risk of having all your career ‘eggs in one basket’.

Types of people for whom the variety, challenge, flexibility and fulfilment of a portfolio career appeals

People with multiple interests who are independent, creative and/or entrepreneurial in nature tend to be drawn to portfolio careers, as they can find the hierarchical nature of corporates stifling.

Young workers (Millennials) wanting to travel and study also find portfolio careers appealing.

Working mothers seek the flexibility of a portfolio career to successfully combine their career and family.

People over 55 who want a new challenge but face ageism when seeking a new full-time role may choose a portfolio of part-time jobs.

Employees not ready for retirement who want to keep purposeful, can create a portfolio, gradually reducing their working hours while taking on non-exec director/volunteer roles, and increasing their leisure time as they wind down to 100% retirement.

What appeals to you about having a portfolio career?

More

Why choose a portfolio career? https://www.inspiringportfoliocareers.com/why-portfolio-career/

Who is a portfolio career for?https://www.inspiringportfoliocareers.com/who-has-portfolio-careers/

When is it time for a portfolio a career?https://www.inspiringportfoliocareers.com/when/

To receive a free Energise report Discover Portfolio Careers, get in touch: https://www.inspiringportfoliocareers.com/contact-us/

Filed Under: Portfolio career, Second careers

How do I set up my own business?

November 15, 2020 By //  by Rachel Brushfield

Setting up a business is a dream come true for some people and something that others wouldn’t touch with a barge pole. A high proportion of businesses fail but you don’t need to be one of this statistic with careful planning and research.

There are many catalysts to setting up a business; spotting a gap in the market; taking on a franchise, commercial demand for something you do as a hobby; the opportunity to buy an existing business, being made redundant and having a cash sum; wanting more freedom or money etc.

So how can you set up your own business with minimum stress, expediently to create ease in future?

Below are some tips to maximise your chances of success:

  • Do thorough research into the demand for your product or service including the market, pricing and competitors and especially find out what your customers’ needs and desires are
  • Ensure that your product or service is different or better in a way that is relevant to the needs of your target audience, not simply something that you like
  • Buy a book and/or do an on-line course in setting up a business
  • Take advantage of any cheap or free training available from the local council, Chamber of commerce or other government initiatives etc
  • Create a thorough yet simple business plan that is user-friendly for ongoing monthly use
  • Have some savings to take the pressure off in the first few months and work out your break-even costs to cover key expenses. Ensure you don’t overstretch yourself financially and have a proactive business banker and accountant to give you expert advice
  • Set up I.T. and efficient filing systems and templates that will save you time in the long run when you get even busier
  • Plan time in your diary to network and do marketing and also to review progress and plan next steps. It is easy to put off things that aren’t urgent but vital to invest time in important not urgent activities.
  • Network face to face or on-line with other self-employed people through organisations such as BNI or Linked in. Not only can they generate business for you, they’ll also give you support and advice
  • Think carefully about the environment in which you’ll work – this can really affect both your productivity and how you feel
  • Get a business coach or mentor to help you to minimise mistakes and fast track success
  • Ensure that you get key people in your life on board; partner, kids etc so that their support helps rather than hinders you

More

Read how we help our clients

Hobby becoming a business

https://www.inspiringportfoliocareers.com/hobby-becoming-a-business/

Turning a passion into a business

https://www.inspiringportfoliocareers.com/turning-a-passion-into-a-business/

Turning a strength into a business

https://www.inspiringportfoliocareers.com/turning-a-strength-into-a-business/

Contact us to arrange your free 20 minute consultation: https://www.inspiringportfoliocareers.com/contact-us/

Filed Under: Second careers, Self employment, Starting a business

A second career to retirement

November 10, 2020 By //  by Rachel Brushfield

Jenny had set up and run her own successful law firm for over 30 years and was one of the first women to be a managing partner in the legal profession. She heard about Energise as a result of reading one of our articles.

Ready for a change, with the legal profession becoming a legal market, and a different outlet for her many talents and interests, including public speaking and learning, she far from wanting to retire but ready for a new challenge, the question was what. 

Like many lawyers, she had only ever known the law, and so the prospect of doing something different was daunting. Like many lawyers, she found it hard to see her skills, qualities and experience and where they were transferable. We shared ideas for new ventures – being self-employed all her life; Jenny knew that employment was not for her.

We helped her to identify her values, what motivated her, her needs and wants. Together we identified a broad range of second career options from evolutionary to revolutionary, and how to screen them. We also helped Jenny think about her unique brand, how to market herself and introduced her to useful contacts, resources and networks.   

Jenny found coaching gave her an invaluable supportive and confidential sounding board to think through her options and become more confident and competent to create the changes she sought. 

Like many clients, coaching gave more than anticipated. After many years in the law, with the pressure and measurement of fees that come with the role and leading a firm;  Jenny also uncovered a desire to enjoy creative pursuits and enjoy the journey as well as focusing on the destination

“Working with Rachel has given me the opportunity to move forward and the support to look at all the various options that are available.  She has also given me the tools to work on myself in the future when change occurs. Thank you for your work which has been very valuable”

Jenny Betts

Filed Under: Second careers

Turning a passion into a business

November 10, 2020 By //  by Rachel Brushfield

Often what clients initially present in coaching isn’t what needs to be explored, but this has to be their realisation in their own time.

Debbi was recommended to me by an associate who used to work with her. She had had a long career working in Architecture and Design. Living between two countries, England and France, with one home in each but her heart in France, and having been made redundant, she was at a life as well as career crossroads.


We explored her transferable skills – she had many – and how she could utilise these outside of architecture and design, as she was frustrated with the politics of big companies and, in her mid 50s, was experiencing some ageism.

It became clear to me quite early on that she had an entrepreneurial spirit and the tenacity and passion to make her own business happen, and whilst financial security was important to her, she would be able to overcome any concerns about not having a monthly salary.

I remember the moment when she lit up and shared what she was really passionate about – cheese! It was an ‘aha’ moment as we call it in career coaching and she admitted to herself that she didn’t want to work for big companies and play politics at all any more – that was a ‘should’ – but to set up her own company doing specialist holidays around the cheese regions in France, in Debbi’s words, ‘an intimate culinary tour company focusing on regional French cheeses’.   

I helped her to shape her initial idea and then she went off and got on with making it happen and moved to France for her heart and her business.

‘Rachel helped me to decide what would really make me happy in the second half of my career, confront the fears and put a plan in place to make it happen. One year in the making, centred around my passionate interest in cheese, I credit Energise for kick starting the realisation.’

Debbi Baron

Filed Under: Second careers, Self employment

Starting a charity

November 10, 2020 By //  by Rachel Brushfield

Mary had already changed career several times but her latest transition was by far the most daunting and she needed help to keep on track and push through the numerous challenges that cropped up along the way.  Here’s how we helped her.  

Although Mary had changed careers several times, this was a huge leap and she needed help.  She was a psychotherapist specialising in eating disorders and saw young women and teens whose lives were being torn apart by under-eating, over-eating, purging and compulsive exercise. 

She desperately wanted to help all those who couldn’t afford to see a therapist and who had slipped through the NHS net.  It was very important to her to make a difference in preventing the disorders from taking hold before they started to destroy lives.

Starting a charity and managing all the aspects of a start-up organisation was very daunting. However I helped Mary to focus on the important tasks, understand how to get supporters on board and connect to resources that she needed.  I helped her to move through her frustrations and see positive solutions, providing her with a means to examine the feelings that were holding her back.
 

The charity is now going from strength to strength and helping many of the people who originally inspired her to set out on this path.
  

“I always left my sessions with Rachel feeling that I had had an injection of energy straight to the blood stream.  I found Rachel was a rudder when I wanted to abandon ship, hit a storm or lost focus.”

Mary Wood 

Filed Under: Second careers

Overcoming obstacles to realise a lifelong career vision

November 10, 2020 By //  by Rachel Brushfield

Anna, in her late 40s, had wanted to be a teacher all her life, but lacked the confidence to tackle the barriers that stood between her and her objective. This is how we helped her.

Anna got in touch following her withdrawal from a Master’s degree course due to ill health. She was working in Human Resources, but her job had been just a ‘means to an end,’ something to keep her earning while she finished her degree.

Having to end her studies prematurely made Anna realise just how much becoming a teacher mattered to her. However whenever she thought about what was required to achieve this goal; sourcing a qualification certificate from school days in her native Italy; obtaining entry qualifications in Maths and Science; writing an effective personal statement; being successful at interview, she questioned whether she had the ability and confidence to succeed.

Coaching with me helped Anna understand and find renewed confidence in her strengths and abilities, and together we prepared an action plan that led to her ultimate goal of becoming a teacher. The step by step plan reduced overwhelm and enabled Anna to tackle each barrier one at a time and obtain the qualifications required.

A further session helped Anna to develop effective strategies for coping positively with the interview process and Anna successfully achieved her goal and is due to start her post-graduate teacher training course in the next 2 months.

“With absolute calm, respect, understanding and empathy, Rachel guided me to think about the obstacles that stood in the way of my chosen career and to reflect on how to overcome them, something I had been unable to do by myself, mainly due to a lack of confidence.

Rachel gave me back my confidence in my ability and in my chosen career, and inspired me to do all I could to achieve my goals. Immediately after our meeting, that is exactly what I did , and I am now on track to achieve my professional goals. Thank you Rachel!”

She is a great example of someone with a clear vision and how important it is to keep going, get support when stuck to identify the obstacles and overcome them to achieve success. Passion about a career vision plus persistence pays off!

Anna Colgan

Filed Under: Second careers

From insurance to being a piano tutor

November 10, 2020 By //  by Rachel Brushfield

This is an example of someone who originally chose a career that wasn’t ‘her’ and is now doing one that she chose – her talents are finally being hatched which is very exciting!  

Pippa came to us ready to create a new career she was passionate about. Her career and next phase of life started together.  

Pippa had worked in insurance all of her working life. She was recommended to me by a personal trainer I knew well.

She had chosen insurance as a steady profession to enable her to support her parents. Once they had passed away and she was in her mid 40s, she realised that it was her time to do what she wanted and put her needs and wants first.

She was an accomplished piano player, tutored children in the piano in her spare time and was also an active member of the church. She had many skills, including secretarial, with the potential to have a portfolio career that would serve her well while becoming self-employed in a downturn.

Like many people who have been employed all their lives, she had never had to think about what she might market, who she might market herself to, and how to set up a business.

I helped her to see that she could make a living out of teaching the piano to children as well as other ideas such as summer schools. We considered which target audiences to focus on, who specifically she was passionate about teaching, what their needs were and what made her unique – her features and benefits – plus pricing, brochures and other aspects of marketing.

With my help, she spent about 8 months planning her own business and then resigned, quite shocking her colleagues and being the envy of many! 

Her previous employer left open the option of her doing insurance contract work, which is quite a seasonal market with peaks and troughs, and she also had an offer of part-time PA work for her church.

I helped her to think through and structure her commitments so that she had time for herself, and encouraged her to consolidate her finances so she had a financial cushion to give her peace of mind.

“You have an amazing ability to help me believe in myself and my abilities – priceless, and a huge motivator to keep going.”

Pippa Fernee

Filed Under: Second careers

A mid life career reinvention

November 10, 2020 By //  by Rachel Brushfield

Anne came across Energise in a guest blog I wrote for the advertising industry.

Our ‘Liberate Your Talent’ line and blog topics hit a nerve with her and the topics covered really resonated with how she was feeling, namely “yes I need to change careers but what can I do?”, “How can I best use my skills in a new area?” and “How do I overcome the fears I feel?”

Anne was a self employed market research consultant and prior to that, a beauty therapist, both careers she fell into.

I helped Anne to increase her self awareness including what her values are, what she wanted/needed from her work, what her skills were and how and where they could be used. We explored, tested, conversed and challenged different career ideas.

I helped Anne to see that she had successfully reinvented her career before, something she had not recognised herself. This was a shift and from this point, she made the decision to ”feel the fear and do it anyway” and to take the view, ‘what’s the worst that can happen?’ – simply that, she might have to rethink. She realised that achieving such a change would create a huge sense of achievement and used this as a motivator to keep going.

After researching the options. Anne chose to be one of only two people in the UK licensed to teach a routine of face muscle exercises which give a lift and tone to the face and neck, naturally, without invasive surgery or injections of various substances.

This approach completely fits with her philosophy and values, builds on her original career as a beauty therapist, and she is relishing the prospect of getting her new business off the ground. Her market research skills are coming in useful to gain insights about her potential customers too!

“Rachel has a wealth of experience and expertise and is very generous in passing this on. The depth of information available to anyone is testament to this. Her style is open, focused, challenging and encouraging. She understands career change and is expert at helping you think through the ups and downs.”

Anne Crotty

Filed Under: Second careers, Self employment

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