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Last Updated on February 9, 2021

How to Make a Career Change at 50 for Great Opportunities

How to Make a Career Change at 50 for Great Opportunities

Turning 50 is a milestone in anyone’s life, after all you are half way to 100! But seriously, turning 50 is often a time in life when people can sit back and take a look at where they’ve been and contemplate what the future holds.

Can you change careers at 50? It’s not uncommon for people in their 50’s to consider a career change, after all if you’ve spent 20 to 30 years in a career, chances are that some of the bloom is off the rose.

Often, when we are starting out in our 20’s, we choose a career path based on factors that are no longer relevant to us in our 50’s. Things like our parents’ expectations, a fast paced exciting lifestyle or the lure of making a lot of money can all be motivating factors in our 20’s.

But in our 50’s, those have given way to other priorities. Things like the desire to spend more time with family and friends, a slower paced less stressful lifestyle, the need to care for a sick spouse or elderly parents can all contribute to wanting a career change in your 50’s.

Just like any big life changing event, changing careers is scary. The good news is that just like most things we are scared of, the fear is mostly in our own head.

Understanding how to go about a career change at 50 and what you can expect should help reduce the anxiety and fear of the unknown.

What are Your Goals for a Career Change?

As in any endeavor, having properly defined goals will help you to determine the best path to take.

What are you looking for in a new career? Choosing a slower less stressful position that gives you more time with family and friends may sound ideal, but you’ll often find that you’re giving up some income and job satisfaction in the process.

Conversely, if your goal is to quit a job that is sucking the life from your soul to pursue a lifelong passion. You might be trading quality time with family and friends for job satisfaction.

Neither decision is wrong or bad, you just need to be aware of the potential pitfalls of any decision you make.

Types of Career Changes at 50+

There are four main types of career changes that people make in their 50’s. Each type has it’s unique set of challenges and will very in the degree of preparation required to make the change.

Industry Career Change

In this career change, a person remains in the same field but switches industries.

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With an industry change, a person takes their set of skills and applies them to an industry that they have no previous experience in.

An example would be a salesperson in the oil and gas industry becoming a salesperson for a media (advertising) company. They are taking their skill set (selling) and applying it to a different industry (media).

This type of career change is best accomplished by doing a lot of homework on the industry you want to get into as well as networking within the industry.

Functional Career Change

A functional career change would be a change of careers within the same industry.

For example, an accountant at a pharmaceutical company who changes careers to become a human resources manager. It may or may not be with the same company, but they remain within the pharmaceutical industry. In this case, they are leaving one set of skills behind (accounting) to develop a new set (human resource) within the same industry.

In a functional career change, new or additional training as well as certifications may be required in order to make the switch. If you are considering a functional career change, you can start by getting any training or certifications needed either online, through trade associations or at your local community college.

Double Career Change

This is the most challenging career change of all. A person doing a double career change is switching both a career and an industry.

An example of a double change would be an airline pilot quitting to pursue their dream of producing rock music. In that case, they are leaving both the aviation industry and a specific skill set (piloting) for a completely unrelated industry and career.

When considering a double career change, start preparing by getting any needed training or certifications first. Then you can get your foot in the door by taking an apprenticeship or part time job.

With a double change, it’s not uncommon to have to start out at the bottom as you are asking an employer to take a chance on someone without any experience or work history in the industry.

Entrepreneurial Career Change

Probably one of the most common career changes made by people in their 50’s is the entrepreneurial career change.

After 20 to 30 years of working for “Corporate America”, a lot of people become disillusioned with the monotony, politics and inefficiency of the corporate world. Many of us dream of having our own business and being our own boss.

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By this time in our life, we have saved some money and the financial pressures we had with young children have passed; so it’s a perfect time to spread our entrepreneurial wings.

Entrepreneurial career changes can be within the same industry and using your existing knowledge and contacts to start a similar business competing within the same industry. Or it can be completely unrelated to your former industry and based on personal interests, passions or hobbies.

A good example would be someone who played golf as a hobby starting an affiliate marketing website selling golf clubs. If you are considering an entrepreneurial career change, there are a lot of very good free resources available on the internet. Just be sure to do your homework.

Practical Tips on Making a Career Change at 50+

So you’ve decided to take the plunge and make a career switch in your 50’s. No matter what your reasons or what type of a career change you are embarking on, here are some helpful hints to make the transition easier:

1. Deal with the Fear

As stated earlier, any big life change comes with both fear and anxiety. Things never seem to go as smoothly as planned, you will always have bumps and roadblocks along the way. By recognizing this and even planning for it, you are less likely to let these issues derail your progress.

If you find yourself becoming discouraged by all of the stumbling blocks, there are always resources to help. Contacting a career coach is a good place to start, they can help you with an overall strategy for your career change as well as the interview and hiring process, resume writing / updating and more. Just Google “Career Coach” for your options.

I also recommend using the services of a professional counselor or therapist to help deal with the stress and anxiety of this major life event.

It’s always good to have an unbiased third party to help you work through the problems that inevitably arise.

2. Know Your “Why”

It’s important that you have a clear understanding of the “why” you are making this career change. Is it to have more free time, reduce stress, follow a passion or be your own boss?

Having a clear understanding of you personal “why” will influence every decision in this process. Knowing your “why” and keeping it in mind also serves as a motivator to help you reach your goals.

3. Be Realistic

Take an inventory of both your strengths and weaknesses. Are your organizational skills less than stellar? Then, becoming a wedding planner is probably not a good idea.

This is an area where having honest outside input can be really helpful. Most of us are not very good at accurately assessing our abilities. It’s a universal human trait to exaggerate our abilities while diminishing our weaknesses.

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Requesting honest feedback from friends and co-workers is a good place to start, but this is another area where a career coach can come in handy.

4. Consider an Ad-Vocation

Sometimes, making a career change all at once is just too big of a change. Issues like a severely reduced income, geography and lack of benefits can all be impediments to your career change. In those cases, you may want to start your new career as an ad-vocation.

An ad-vocation is a second or ad-on vocation in addition to your primary vocation. Things like a part-time job, consulting or even a side business can all be ad-vocations.

The benefit of having an ad-vocation is being able to build experience a reputation and contacts in the new field while maintaining all the benefits of your current job.

5. Update Your Skills

Whether it means acquiring new certifications or going back to school to get your cosmetology licence, having the right training is the foundation for a successful career change.

The great thing about changing careers now is that almost any training or certifications needed can be free or at very little cost online. Check with trade associations, industry websites and discussion groups for any requirements you may need.

Learn How to Cultivate Continuous Learning to Stay Competitive.

6. Start Re-Branding Yourself Now

Use the internet and social media to change the way you present yourself online.

Changing your LinkedIn profile is a good way to show prospective employers that you are serious about a career change.

Joining Facebook groups, trade associations and discussion boards as well as attending conventions is a great way to start building a network while you learn.

Here’re some Personal Branding Basics You Need to Know for Career Success.

7. Overhaul Your Resume

Most of us have heard the advice to update our resume every six months, and most of us promptly ignore that advice and only update our resume when we need it.

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When making a career change, updating is not enough; this calls for a complete overhaul of your resume. Chances are that your current resume was designed around your old career which may or may not apply to your new goals.

Crafting a new resume emphasizing your strengths for the new position your looking for is key. There are many places that will help you craft a resume online and it is a service included with most career coaching services.

8. Know Your Timeline

There are a lot of factors when it comes to how long it will take to make the career change.

Industry and Functional career changes tend to be the easiest to do and therefore can be accomplished in the shortest period of time. While the Double Career Change and the Entrepreneurial Career Change both require more effort and thus time.

There are also personal factors involved in the time it will take to switch careers.

Generally speaking the more you are willing to be flexible with both compensation and geography, the shorter time it will take to make the switch.

Final Thoughts

Changing careers at anytime can be stressful, but for those of us who are 50 or above, it can seem to be an overwhelming task fraught with pitfalls and self doubt.

Prospective employers know the benefits that come with more mature employees. Things like a wealth of experience, a proven work history and deeper understanding of corporate culture are all things that older workers bring to the table.

And while the younger generation may possess better computer or technical skills than us, if you’re willing to learn, there are a ton of free or nearly free resources available to you.

Deciding on a career change at 50 is a great way to experience life on your own terms.

More Tips for Career Change

Featured photo credit: rawpixel via unsplash.com

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David Carpenter

Lifelong entrepreneur and business owner helping others to realize the American Dream of business ownership

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Published on March 24, 2021

8 Easy Steps To Finding A Career Right For You

8 Easy Steps To Finding A Career Right For You

In the U.S., workers on average spend 90,000 hours of their lives working.[1] This means that it is likely you will spend more time working than with your spouse or partner. For this reason, it is especially important to love your job. When you are in a job you love, it feels custom-made just for you. You feel your values reflected in the company’s mission. You feel rewarded just for working there — “Thank God it’s Monday,” you think each week, and the paycheck is nice, too.

Here are 8 steps for finding the career that fits your personality like a glove.

1. Look At Yourself Carefully

Firstly, Look Inside

Some diagnostic tests help you assess who you are and what jobs make a good fit. Among free assessments you can take, the Myers-Briggs personality test is among the most popular for gauging how you perceive the world and make decisions. It consists of some 90 either-or questions that indicate whether you consider yourself an extrovert or introvert, and what influences perceptions.

Knowing yourself and the qualities associated with your personality type can help you decide whether you would be more comfortable in a front- or back-office setting, are more of an “ideas” or “execution” person, or prefer an open office or a quiet, enclosed setting to do your best work.

Career Explorer is another diagnostic careers tool, and offers a free Career Test to reveal how your interests and goals match up against some 1,000 careers. The test asks your general interest in a handful of random careers, along with your career satisfaction in previous jobs, and predicts career matches that fit your profile.

Then, Look Outside

Your friends and family members often know you better than you know yourself. Don’t be afraid to ask them, “What kind of career do you see me in?” or “How can I find a career that’s right for me? and pay attention to their answers.

Also, think back to talents you enjoyed in your younger years, particularly those that elicited comments from others along the lines of “You’re going to make a great ___________ some day.” Others often see special abilities in you that you may have overlooked.

2. Write Lists

The perfect career awaits you if you do your homework. Keep careful lists of the qualities you possess and which types of businesses will reward those qualities.[2]

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Similarly, when your friends have ideas for you, write them down. You want to be able to go back and reflect on different career paths.

Putting pen to paper — or fingers to keyboards — and allowing yourself to follow ideas where they lead is a valuable step for finding the career that is right for you.

What elements of past or current jobs and experiences stick out as the most enjoyable? List them. Think of careers where you could recapture some of those elements.

Write down the activities where you find real joy. Do you love decorating or rearranging your living room? Could this translate to fulfilling work in interior design or merchandising? Or do you find children endlessly entertaining? Perhaps you would find teaching or youth development a rewarding career path.

Generate a list of ideas, no matter how eccentric they may seem, and see if any patterns emerge.

Write a Master List of All Your Strengths and All Your Weaknesses

Be as specific as possible. If you hate waking up before 11 a.m., it is going to be hard to hold down a 9 to 5 job (unless you can work remotely in another part of the country with a different time zone). If you love talking to people, maybe the back office of a research department is too isolating for you.

Are you high energy or laid back? Do your strengths or weaknesses tend to make you a natural leader or more of a maverick? Own your particular personality strengths and quirks, and think about the various work environments where you could make the most of them. Do you like receiving direction or chafe when someone gives you feedback?

3. Set up 15-Minute Informational Interviews

All of this introspection will help you narrow your search criteria, but then it must lead to action. Ask around to see if there is anyone you know who would spare a few minutes to discuss her field with you. It could be a friend or a friend-of-a-friend or even one of your parents’ friends. You may be surprised to find that people often want to offer advice on the steps to take to start out in their field.

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Prepare some questions in advance, for example: ask how the person ended up in her field, what best prepared her for her career, which aspects she most enjoys, and how the field is changing.

Depending on how forthcoming the person is, you might also ask if she would mind if you sent a resume to keep on file in case of any future openings.

4. Read Job Postings

Before you apply for a job, start reading job postings in the two or three fields that excite you. You can find postings on LinkedIn, MonsterJobs, Indeed, Glassdoor, and Simply Hired. Do you feel goosebumps zipping down your spine when you read about certain jobs? It could be an indication that this is the job of your dreams.

Familiarize yourself with job descriptions to learn common industry terms, roles, and in-demand skills. Glassdoor, for example, gives you an insider’s perspective on what it’s like to work for a given company — but keep an open mind, too, knowing that former employees with a grudge are usually the most motivated to post reviews.

5. Write Your Resume

Your resume should reflect the skills you possess and the specific skills sought in a job. But be sure to customize and change your resume appropriately for each position you pursue. Don’t be afraid to parrot some of the words on the list of requirements back to the company. Many times, companies will actually use the key words mentioned in the job posting when screening resumes.

Research the organization that you are targeting and try to work in examples that have relevance to their customers or clients, or to issues taking place industry-wide. State how you can add value by quantifying results you achieved in former jobs or even volunteer activities. For example, “coordinated silent auctions for children’s advocacy organizations that brought in $29,000.”

Ideally, you will want to concisely recount your skills to make a riveting impression as a professional ideally suited for the position.

Check out these 10 Killer Resume Tips to Nail Your Dream Job.

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6. Watch a Movie or Two That Features a Character Working in the Field

While movies tend to exaggerate, you may see something that either confirms that you belong in that environment or scares you away from it. Career conflicts are a genre in themselves — you can find most any job represented in some form on the big screen.

The character played by Anne Hathaway in “The Devil Wears Prada,” who successfully navigated her nightmare boss played by Meryl Streep, showed the ups and downs of working on a fashion magazine. Meanwhile, “Legally Blonde” likely inspired a whole horde of young women to enter careers in law.

7. Don’t Be Afraid to Take a Risk

When it comes to job-hunting, the biggest risk is not taking a risk. Write a cover letter that truly reflects your own personality. Remember that you need to stand out, not just blend in to the hundreds of “blah-blah-blah” letters.

So, if you’re funny, be funny. If you’re serious, adopt a more measured tone. If you’re intellectual, use bigger words. Be you, not what you think you should be. When you’re authentic, it improves the likelihood that the career you find will be the right fit for you.

Think of ways to show passion for the career path you are pursuing — and then make the case for why it is the right fit for you. Hiring managers look for candidates with dynamism behind their desire to work for the company. Choose words that reveal that you are passionate, not passive: instead of “helpful,” your findings were “game-changing.” Instead of “useful,” your discoveries proved “transformational.”

Here’s How to Write A Cover Letter That Stands out from 500 Applicants.

8. Thank Everyone Who Helped You — and Especially Everyone Who Interviewed You

The gracious job-hunter lands a job faster. Even if you don’t snag a job the first time around, when you remember to thank the people who granted you an interview, those people will remember you and think of you for other opportunities. Thanks should also go to those who provided you with a recommendation or who took time with you for an informational interview.

While it may seem old school or downright quaint, a handwritten thank-you card still carries cachet. It shows that you took time to be appreciative. Or, if you send a note electronically, sincerely show gratitude and help the person remember you by bringing up something he said that you found helpful or insightful.

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A thank you to one person should not be able to be swapped with a communiqué to any other person who helped you in your search.

You Are on a Campaign to Land a Job until You Land the Job

You will likely have to meet several people in a company. Inevitably, those people will talk to each other. Make sure the emails that you write them are different from each other instead of canned notes with different names attached. Take a look at these tips on how to write a thank-you email.

Show unwavering cordiality and professionalism to everyone whom you encounter in the company. Even if you come across the receptionist entering the restroom at the same time as you, politely hold the door. Your good impression will travel throughout the office network.

Bonus: Return the Favor When You’ve Landed Your Job

Congratulations! You finally landed! Now it’s time to pay it forward.

Remember all those who helped you follow the key steps to your sought-after career, and never pass up an opportunity to help others land jobs they love.

Returning the favor will make you even more appreciative of having found the right career for you. And, when you look for your next job, you will find that you’ve built a network of helpful people on whom you can rely.

More Job Hunting Tips

Featured photo credit: Saulo Mohana via unsplash.com

Reference

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