Reinventing Your Career? 5 Steps To Assess Your Transferable Skills
As we all know, most of us will reach a time in our work life when we have to reinvent our careers for an evolving economy. Some of us go back to school while others enter new businesses. Related: 6 Things To Ask Yourself Before Starting A Business The first thing you want to do is to stop thinking of yourself as just a job title, whether that be financial analyst, human resources specialist, manager, teacher, homemaker or whatever. No matter how you spend the first part of your career, whether it’s coaching soccer or fully entrenched in corporate America, we all end up developing a specific expertise. But if you start your own independent business from scratch, you will need to know something about every aspect of the business, from managing staff to selling your product or service. If you’re interested in a switching to a new industry, you might want to consider a franchise, which comes with a tried-and-true business model, a brand name and marketing expertise, as well as a training program and ongoing support. With a franchise, you get to operate your own business while having a team of experts behind you. To accurately gauge your preparedness for any new endeavor, you should consider all the skills you have accumulated that can be transferred to a new career.