What is portfolio working and why is it growing? |
Portfolio working is when an individual has multi strands rather than just 1 to their career. This trend has been growing for a while, fuelled by desire and also necessity post credit crunch.
Why is portfolio working growing:
- People aren't one-dimensional and fit in a box, they have different skills and interests
- The job for life is dead as a concept - a portfolio career helps you create your career as you want it
- A current shortage of full time jobs has led to more part time jobs, creating a financial shortfall that needs to be filled
- The younger generation actively seek more variety than the older generations
- People are now more used to choice and like the idea that they can design their career as they wish
- More people are seeking meaning and purpose, and a portfolio career enables people to earn money and give back
- Mixing employment and self employment reduces the perceived risk of going it alone 100%
- More companies are seeing contracts and projects as a wise solution without increasing headcount, giving you the scope to have a portfolio career
Read on for some examples of portfolio working.
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Examples of portfolio working |
Charles Handy wrote The age of unreason, a book ahead of its time and which inspired me to become self employed in 1997 and design my work to suit me. He splits the year with his wife Elizabeth; half of the year is focused on his career with her support, and the other half he supports her career as a photographer.
Lesley Reader does a mixture of employed and self-employed work. She co-facilitates the Energise Steer your career workshops
with me, has a 2 day a week retainer for a charity The Hunger Project charity, www.thehungerproject.co.uk and runs 2 networking groups.
Ben an IT contactor, works hard and earns half the year and saves up to go travelling abroad the second half. The mix satisfies his financial needs AND wanderlust and he plans to self publish a book about his travels.
Read on for 5 FREE tips to explore portfolio working. |
5 FREE tips to explore portfolio working |
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Know your financial break even and how much money you need to feel secure and have peace of mind
- Create efficient systems as multi career strands can take more time to manage
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Plan time for marketing to line up the next contract/retainer and create a financial buffer in case things change unexpectedly
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Get advice from people doing portfolio working so you understand the pros and cons
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Know your values and needs/wants so that you can ensure that a portfolio career is the right choice to give you fulfilment not stress
Interested in career change and exploring the idea of a portfolio career? Call us for a chat to explore how we can help 0845 22 55 010
Recommended books for inspiration:
These books will gives you both ideas and inspiration:
The pleasures and sorrows of work. Alain de Botton
What should I do with my life? Po Bronson |
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You may be staying in your current job for now because of the downturn, but exploring portfolio working could put a smile on your face as you create a clear vision for an exciting future on your terms.
Kind regards,
Rachel Brushfield, Director
Energise - liberate your talent
The Talent Liberation Company
T + 44 (0) 845 22 55 010
Twitter: @talentliberator
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