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.

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