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Are you looking for a Second Career?

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Here are 5 industries that are great for people looking for a change.  

Many people change jobs throughout their career for many different reasons. Some change because of stress, or to have more time with their family. Other people change careers because they are looking for something more meaningful from their work or they simply are bored with the industry they currently are in. Whatever the reason for someone to think about starting over, there are many industries that are looking for experienced workers looking for a new home in the workforce. Here are 5 industries that might be a perfect fit if you are looking for a new gig.

Teaching

The teaching profession can be a great place for people looking to transition to another industry to find meaningful work. This is not the best place to go if you are looking to distress your life. Teaching is not easy, but it can be the most rewarding industry on the planet. If you are looking to get more out of your work and you want to give back to your community or the next generation, there is no better way than to become a teacher.

Information Technology

Moving in to Information Technology can be a little more difficult than other fields, but it can also be more lucrative. Information Technology is definitely a field that is in demand. It may require going back to school, but there are several full stack developer boot camps that can get your knowledge up to par in a few short months. This may not allow you to jump right in to a high salary job, but it can certainly get your foot in the door. If you have a knack for technology and the desire to learn theories, this can be an excellent choice for a second career.

Digital Marketer

Digital Marketing is the most important part of an organization’s marketing mix today, and typically where the largest portion of a marketing budget is allocated. Far more than being able to use Facebook and Twitter, Digital Marketers are responsible for analyzing company performance, understanding consumer habits and desires, communicating with clients, researching, analyzing, planning, and executing multi-channel campaigns, and more. According to glassdoor.com, Digital Marketers and Digital Marketing Specialists can look to make approximately $50,912 annually, with Digital Marketing Managers earning around $68,234 per year. The University of Vermont is now offering a number of top-ranked, fully online Digital Marketing programs for individuals seeking a career in this growing field.

Restaurant Industry

The restaurant industry offers people looking for a new career an infinite amount of options to work with people and pursue their passion. The only way to get in to this industry is not by waiting tables or managing a franchise. If you have a background in sales you could transition to a sales job that caters to selling food, alcohol, or supplies to restaurants. If you have a background in insurance you could transition to being a consultant for workers compensation insurance for restaurants. If you are a foodie, this industry can give you the opportunity to use the skills you have developed in another industry to help in whatever role you take on within the restaurant industry. Those opportunities are vast in the restaurant industry.

Non-Profits

Many experienced business professionals initially made the choice to enter the workforce in order to gain economic security and stability. For many people, once they have a solid financial base, giving back to their community becomes their primary passion. The non-profit industry can be a good place to give back to your community, no matter your financial standing. It can also be a great place to use the experience people have gained in other industries.

 


What to think about before starting your own business

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The idea of taking control of your life and finances by starting your own business can be very enticing, however with the majority of small businesses failing within the first few years it’s so important to make sure you’ve got all your ducks in a row before taking the leap.

If you’re thinking about starting the journey to becoming self-employed, here are a few things to consider that will hopefully make for a slightly easier ride.

Have you done your research?

It’s imperative that you do some research before starting a business so you have a good understanding of the environment you’ll be operating in, considering both internal and external factors that are likely to impact your business.

Do you know who your target market is? Do you know who your key competitors will be? How will you set yourself apart from your competitors? Who will your suppliers be and will they be reliable? Will you need to purchase equipment to get started and how much will it cost? Have you worked out how much revenue you’ll need to earn to cover your overheads? What will your branding will look like?

These are all important questions that you need to have answers to before you decide to put your money on the line.

Have you developed a business plan and set clear goals?

While the importance of establishing a business plan and setting clear goals is often underestimated by new business owners, it’s a process can really make-or-break your business.

You’ve probably got a whirlwind of ideas for your business and a business plan allows you to formalise those ideas into a usable blueprint to guide your business. It can be easy to get caught up in the detail and become distracted from what you originally set out to achieve when running a business, but having a business plan in place provides you with an anchor point that can help you steer the ship back on course if things go a little awry.

Establishing some goals that you can use to track your progress and ensure you’re performing to the standard you need to is also important. Set some SMART (Specific, Measurable, Achievable, Relevant and Time-based) goals that will give you a benchmark to assess how your business is performing and where you need to improve. This is so important as you want to be able to identify if the business isn’t viable as early as possible, before you become too heavily invested.

Where will you operate the business from?

The location you operate your business from will largely depend on the industry and type of business you’ll be running. You may be able to operate the business from a home office, but if you require a shopfront or other space, it may be worthwhile finding a commercial property for lease. Leasing a property will afford you more flexibility compared to buying and you won’t need as much money upfront.

Have you got your policies, systems and processes in place?

New business owners often think they’ll work these out as they go, but if your business takes off quicker than you anticipate you’ll thank yourself for having put some time and effort into establishing these from the get-go.

Invest a little time to develop some basic administration, accounting and manufacturing processes and systems, and work out how you’ll manage your website, customer database, service standards and returns policies. While you can refine these as your business develops, you’ll be doing yourself a big favour by putting a few things in place from the beginning.

 


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