Building a Career Portfolio, Career Investments for Lifetime, Begin with a Personal Purpose

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Career Investments for Lifetime

  • After working for years it may happen that the company no longer require the same working skills an employee possesses.

  • Results in job loss to corporate downsizing.

  • How one can mitigate career risk :

  • The pitfalls of marketplace change

  • Economic turndowns

  • Downsizing

  • Personal health and life changes

  • Distasteful company politics and policies can also create havoc with one’s life?

  • Building a Career Portfolio:

    • A career risk management approach.

    • Similar to building a financial portfolio.

    • Help develop specific career assets, or “investments.”

    • Offers a well-balanced opportunity for one to earn, learn, and help others throughout the rest of your life.

    • One can diversify risk so as to have a number of career options on tap.

Begin with a Personal Purpose

  • Developing personal purpose.

  • One’s personal purpose is his/her investment strategy that guides all of the career decisions.

  • Trying to answer the following questions:

    • How would you like to be remembered 100 years from now?

    • What he/she is passionate about?

    • At least two projects where a difference in recent years are (list them):

  • Thinking about the bigger picture and writing down the purpose of life.

    • Revising one’s personal purpose statement as needed.

    • Help in deciding what types of opportunities are worth pursuing.

    • One become purposeful rather than just “busy.”

Developing a Career Portfolio

  • Time to assess the kinds of career assets.

  • Building optimal career wealth over time becomes possible with two or more career assets working in one’s life.

  • Majority of the financial income is earned:

    • Primary Income Investment with job, or business that one own.

    • Secondary Income Investment which includes an optional, alternate source of income that allows one to gain additional knowledge, career options, income, and sense of purpose.

  • Choosing to develop a business or occasional side project can start out small, and grow the business over time.

  • Volunteer Investment:

    • Finding one or more ways to reach out to a community.

    • In a way that is meaningful to oneself.

    • Volunteerism supports personal purpose,

    • Gaining new skills and meet valuable new contacts.

  • Lifelong Learning Investment:

    • Includes mentorship.

    • Focused reading and education.

  • Factors contributing in decision making:

    • Once overall life goals.

    • Available time.

    • The ability to balance work and family.

    • Stage of your life all should factor into your decision-making.

A Career Portfolio in Phoenix

  • To excel at his/her career while supporting his/her family.

  • Purpose should include a strong charitable and spiritual life.

  • To add perspective and balance.

  • Primary Income Investments include:

    • Litigation practice.

    • Focuses on complex litigation, business torts, breach of contract and condemnation matters.

    • Opportunity to learn leadership skills.

    • Providing value to the organization.

    • Learning more about the community skills.

  • Additional Volunteer Investments:

    • Supporting cancer and heart research and development.

    • Integrating volunteer service with family life.

Conclusion

  • Career investments add valuable perspective to one’s career.

  • Brings opportunities to learn and build lasting friendships.

  • Review of career investments periodically helps to ensure balance.

  • One will be far more flexible and confident to face future career changes with two or more Career Portfolio Assets in Place.