Changing careers can feel a little daunting and frustrating in any profession. You put in countless hours of hard work and pay your dues to climb to the top. Once you reach the summit, however, it becomes obvious that climbing a different mountain can mean better opportunities for you.
If you find yourself wanting to make a change in your finance or business career from your current role to a different one, there is no need to feel stressed about it. With a little planning, you can take that next step and work aggressively with finance staffing agencies and your personal network of contacts to forge a new career path.
1. Lower Your Initial Expectations
Any career switch, even in the same industry, will require some preparation. It is safe to say that a successful transition requires as much time and effort as landing that first job. With finance jobs such as a trader or stockbroker, for example, building up new clients does not happen overnight. Transitioning to a new role could also mean decreased pay at the start.
2. Hone Your Skills
If your new target career path requires a different set of skills, you need to learn those skills before you jump in with both feet. A person who wants to become a financial adviser, for example, probably should study some personal finance classes, so he or she understand the basic principles of personal finances. Take classes related to job skills you anticipate using after your transition. It also helps if you shadow someone who already performs that job and take note of what they do in their role. This lends to a better understanding of what skillls the job in question requires.
3. Find a Mentor
If you want to travel a new career path in finance, the transition becomes much smoother if you make a connection with a mentor who has already been down that path. A mentor posseses experience and seniority in their current position. They can offer you an idea of what you need to do to create success in your new job. Network with others already working in your future career and enlist one of them to become your mentor.
4. Market Yourself (Personal Brand)
Do not expect to start at the bottom of the ladder when switching positions in your career. Use your acquired skills, education and professional experience to your advantage in salary negotiations. There is no reason to settle for entry-level salary if you bring tons of finance industry experience to the table. Working with finance staffing agencies can help you in finding companies who will value what you bring to the table.
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