When you switch industries in your career, you can open yourself up to new opportunities. You can make the most of the move by preparing for a change and researching.
Some benefits of switching industries include:
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Increased earning potential:
A study by the Federal Reserve Bank of Boston found that individuals who changed careers made 18% more than those who stayed in their field.
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New skills and knowledge:
When you switch industries, you can learn new skills and gain a fresh understanding. This can help you stay competitive in the job market and set you up for future success.
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New career opportunities:
When you make a switch, you may find new opportunities that weren’t available before. This can lead to a more fulfilling career path and increased job satisfaction.
However, switching industries will not be without its challenges. You may need to start at a lower level than you’re used to, or your skills could be more transferable. But if you’re willing to work, switching industries can be a great way to further your career. Here are a few steps you’ll need to take for you to take a look at for the decision.
Experiment for Yourself
Before making any decisions, you must experiment and learn about the new industry you’re considering. You can do this in a variety of ways, such as:
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Shadowing someone who works in the industry:
You can get a first-hand look at day-to-day work and see if it’s a good fit for you.
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Doing informational interviews:
You can speak with people already working in the field and get their thoughts on what it’s like. This is also a great way to network.
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Reading industry news:
Keeping up with current events in your potential new industry can help you learn about the latest trends and developments.
By doing your research, you can better understand what it would be like to switch industries and make an informed decision about your career. Experimenting, however, means you are still working on your skills and knowledge. You will get paid for your services or skills later.
Seek Education and Training
Depending on the industry you’re looking to enter, you may need to seek additional education or training. This could mean going back to school for a degree or certificate, taking classes online, or through a professional development program.
Studies show that more education leads to better job prospects and earnings. If you’re willing to invest in your future, pursuing further education could be a great way to prepare for a switch.
However, the country you are in might need more educational resources for the job you want to pursue. As a result, you might have to seek education elsewhere, particularly in other countries with better programs like the UK. You can apply yourself, but it might take time and effort. You can utilize UK university application services for international students to help make the process easier.
Start with an Entry-Level Job
Depending on your experience, you may need to start at an entry-level job when switching industries. This can be frustrating after years of experience in another field, but it’s often necessary.
Entry-level jobs can allow you to learn about a new industry and gain the skills and knowledge you need to advance. They can also help you build a network of contacts who can help your career.
While it may not be the most glamorous option, starting an entry-level job could be the best way to make a successful switch to a new industry. Experience and knowledge will be the goals when beginning a new career path in an entry-level position. Eventually, you can work your way to the top.
Look for Transferable Skills
When switching industries, it’s essential to look for transferable skills. These are the skills and experience you can apply to a new field.
For example, if you’re a marketing manager looking to switch to human resources, you can transfer your skills in customer service, communication, and project management.
While you may only be able to transfer some of your skills, identifying your transferable skills can help you find a position in a new industry that’s a good fit for you.
Here are a few ways to identify your transferable skills:
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Think about times you’ve been successful in your career:
What skills and experience did you use to achieve success?
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Reflect on feedback:
What have others said you’re good at even if you do not know?
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Consider your hobbies and interests:
Do they relate to any skills that could be useful in a new industry?
By taking the time to identify your transferable skills, you can make the switch to a new industry with confidence.
Final Thoughts
Switching to a new industry can be a great way to further your career. However, it’s essential to take the time to experiment, seek education and training, start with an entry-level job, and look for transferable skills. With these steps, you can prepare for a successful switch to a new industry.
