Do you want to do what you love while earning from multiple income streams?
As a Silver Entrepreneur and you’re Creating Your Encore Career, having multiple income streams is possible with a Portfolio Career. It also allows you to reduce the risk if one income stream doesn't work out.
Leading career coach, Steve Preston highlights why you should be thinking about creating a portfolio career:
People have changed their thinking about their jobs, their careers, and their life in general, as a result of the pandemic being stuck at home, and having all this time to think.
The traditional idea of having one type of job paradigm is broken when you get a pandemic and everything comes crashing down.
There's a massive increase in interest in portfolio careers because they don't want to risk all of their income when something outside of their control is going to bring it down.
It's an evolutionary process.
Distinguishing factors in a portfolio career:
Having an anchor - Find the one thing that will generate enough income that will give you the momentum and the motivation to develop other strands alongside that.
A blended working lifestyle - There's no such thing as a real work-life balance. It's all about getting this blend of all the things you want to encompass in your working life.
An online income stream is also essential nowadays as part of a portfolio career.
Reframing - It's very easy to have that tunnel vision. But reframing is the key aspect of starting to think differently and then you can start to see new possibilities. Unless you learn the art of reframing, then you can get stuck in this same old mold.