7 Mistakes People Make When Changing Careers

We pursue certain things for either of the two reasons: (i) because we stumble upon them by accident and develop a liking by chance; or (ii) because we aspire them and work towards attaining them. Choosing and building a line of career is largely based on these two reasons. A career is a cumulative effect of serious choices we make to reach a decided professional milestone. For some people, a career becomes an eventuality of their academic efforts, while for others, it turns out to be an interest they may have picked up. Whatever may be the reason, all these decisions about career goals are subject to change.
A change of career has many supporting reasons. For instance, it is a point of professional burnout for some, a dream to be an employer and not just an employee, a chance to develop different skills, and many more such reasons. However, your rash decision to switch careers and start afresh can prove to be terribly wrong, if not taken wisely. This leap of faith can end up being both, a financial and professional loss. Let’s take a look at some of the mistakes people make when changing careers so that you can use them as a reference while shifting careers.
Biggest Career-change Mistakes

Not Saving Enough
High-paying jobs give us the luxury of several credit cards and access to things we did not have before. Amidst all this, we conveniently forget saving for the rainy day. While career changers are in a transition, having a poor bank balance makes them choose between survival and career growth. Such a challenge can deviate the focus from new projects and create unwanted hurdles.

Forgetting Core Competencies
A lot of people consider career change to be shifting their style of working entirely. Although this can be true, it is also important to remember that your core competency is what got you so far. Sadly, most career changers let go of their previous career strengths and achievements and jump into a completely unknown territory with very little clue of what to do. This makes them feel like fish out of water, and with little knowledge, the new path seems troublesome to begin with.

When the Time is Right
We always give ourselves assurances about starting a project on a Monday or on the first day of a particular month. But these promises seldom come true, because there is no such perfect time to start something. The moment is now! Any time later would only mean delaying what you could have done with your time at this very moment. The sooner you get to work, the faster you will reap the benefits of your hard work.

Too Many Ideas
They say, too many cooks spoil the broth. The same holds true for working with multiple ideas at the same time. Though you may have a creative mind on an imaginative spree, nail one idea which you intend to take forward commercially. The more the number of ideas, greater are the complications of making them work in reality.

Lack of Planning
Making a career switch takes some serious planning. For instance, switching fields of work might require you to get new certifications, a substantial experience, or a validating degree. Taking a leap of faith in such a case would prove to be reckless. Planning plays an important role while changing careers. To build a career, it takes several years of dedication and hard work. Giving it up for a moment of unplanned whimsy may not work in your favor.

Great Expectations
The other big mistake made by career changers is expecting too much from a shift. What they forget is that no dream can be realized overnight. It takes years of efforts and perseverance to accomplish your goals. With great expectations, losing heart is very easy, but keeping the flame of motivation burning with just the slightest ray of hope requires real effort.

Quitting Easily
The last and final biggest mistake most people make while changing careers is giving up too quickly. Making a successful career change requires serious commitment. It is a result of overlooking disappointments and getting up every time you have been let down. Most people give up on their career moves because it becomes a difficult path to tread. However, nothing great comes without making the greatest of efforts.
Scores of professionals find themselves stuck in a place that is intellectually suffocating them. Although most of them want to move out, seldom do they make an effort to get out and grab the dream they’ve always harbored. Shifting careers is about realizing your true potential and calling in life. No matter how often you may have seen this dream, it is true that none of it materializes without undying efforts.

Career Change At 40

Have you been finding your work quite dull and boring lately? Are you contemplating a career change? If yes, then here are a few aspects that you should consider, when thinking about a career change at 40.

Choosing a new career can be exciting but making a change at the age of 40 can be a lot more daunting than when you are young. There can be several reasons for this. Either the current job limits your personal and professional growth and development or you want to pursue your dream job. Whatever be the reason, you need to be very clear about your decision and thoroughly investigate the pros and cons (both professional and personal) before making a transition.

Making a Midlife Career Change
A midlife career change can be quite challenging especially after one has spent several years in a particular industry and have already achieved some success, both professionally and financially. So it is very important that you truly identify the reason behind contemplating a change. Many a time, more than our careers, it is the monotony of our daily life which can give rise to such thoughts.
So I would suggest that before going in for a career change, give yourself enough time. Think long and hard before taking such a decision. For a few days, try to break the monotony in your life, by pursuing a hobby. Spend a little time away from your family and reconnect with yourself. Socialize with your friends and have fun with them.

If after making all these changes, you still feel that you want a career change, then go for it. However, before switching to a new career at this age, ponder upon questions like, ‘Why you are looking for a change?’, ‘Are you not satisfied with your present job?’, ‘Are you missing out on the learning experience and concentrating only on the financial aspect?’ Also, try to assess yourself based on your skills and credentials, acquire any new skills or professional certificates if necessary and choose a career that you would enjoy. Consider your financial status as well, before taking the big leap.

How to Plan a Midlife Career Change
Here’s a list of all the things that a person should take care of, when going in for a midlife career change.
Financial Stability
Most of the people in their forties are married and have children. So one of the things to consider when planning a career change is that one should be financially stable and have enough money, to support them through this period and make the transition smooth. If you have taken any kind of loan such as a house loan or a personal loan, make sure that you have sufficient fund in your bank account to pay for its installments for at least a year.

As a new job can be low-paying, especially in the beginning, you need to plan well in advance so that you can sustain yourself and your family. So arrange for sufficient finances before thinking about a change in your career.

Choose Your Career Carefully
While choosing your new career, it is very important that you understand your skills and qualities. It is also imperative that you know what you lack in your current job, that you are looking for a career change. Find as much information about all the new fields that you are considering to enter and see the kind of jobs they offer that match your expectations. If possible, talk to the professionals that are already in that field for a long time.

Find job options that match your skills, interests and values. Do some research and find out the pay range for the type of job you are seeking, the working hours, what will be required of you in the job, etc.

Upgrade Your Skills
Once you have zeroed in on a particular career and are sure of the kind of job that you want, start working on yourself. If the career that you have chosen, requires a specific skill, take necessary steps to acquire those skills. Attend classes or workshops, or obtain professional certifications to develop the appropriate skills required for the job. Make sure that you are well-equipped by the time you go for an interview for that particular job.

A person needs to possess a strong will, patience and perseverance for a successful career change at the age of 40. Choosing a completely different career in midlife can be quite difficult, as it is like starting all over again. There is a possibility that you may have to start at an entry-level position and thus, have to work with people half your age. So being strong, keeping yourself focused on the new goal that you have set for yourself, consistency and hard work, are some of the things that you will be required to deal with, for a successful and smooth transition.