{"id":12187,"date":"2021-03-20T12:16:06","date_gmt":"2021-03-20T16:16:06","guid":{"rendered":"https:\/\/ioadvisory.com\/?p=12187"},"modified":"2021-05-03T14:24:37","modified_gmt":"2021-05-03T18:24:37","slug":"the-portfolio-career-part-1-of-2","status":"publish","type":"post","link":"https:\/\/ioadvisory.com\/blog\/the-portfolio-career-part-1-of-2\/","title":{"rendered":"The Portfolio Career (Part 1 of 2)"},"content":{"rendered":"<p><a href=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-scaled.jpg\"><img decoding=\"async\" class=\"wp-image-12190 alignleft\" src=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-1024x683.jpg\" alt=\"the portfolio career often includes freelance work\" width=\"444\" height=\"296\" srcset=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-1024x683.jpg 1024w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-300x200.jpg 300w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-768x512.jpg 768w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-1536x1024.jpg 1536w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-2048x1365.jpg 2048w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-500x333.jpg 500w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/roberto-nickson-LKGwdezdqSk-unsplash-1600x1067.jpg 1600w\" sizes=\"(max-width: 444px) 100vw, 444px\" \/><\/a>I often talk about building resilient careers, in fact, it\u2019s part of my tagline \u201cBuilding Resilient Careers and Organizations.\u2122\u201d It\u2019s only in retrospect that I noticed that I\u2019ve also been building a portfolio career. The portfolio career involves having several income sources featuring a mix of full and\/or part-time employment, freelance and contract work, and\/or a side business, rather than one single-source income, full-time job.<\/p>\n<p>&nbsp;<\/p>\n<p>Author Charles Handy outlined what he called a \u201cportfolio life\u201d in his 1989 book on organizational behaviour, <em>The Age of Unreason, <\/em>where he reimagined the reorganization of careers as portfolios full of different jobs. This could involve having a series of jobs, each for a short time, rather than one job for a long time. He was ahead of his time.<\/p>\n<p>&nbsp;<\/p>\n<p>Without knowing it, I\u2019ve built a portfolio career by taking on a range of freelance contracts and integrating a few portfolios: applied social psychology (e.g., research on inclusion), work psychology (e.g., helping organizations identify and <a href=\"https:\/\/ioadvisory.com\/blog\/hiring-resembles-dating\/\" target=\"_blank\" rel=\"noopener noreferrer\">hire leaders and employees<\/a>), business psychology (e.g., helping entrepreneurs with their <a href=\"https:\/\/ioadvisory.com\/blog\/powerful-growth-mindset-workplace\/\" target=\"_blank\" rel=\"noopener noreferrer\">mindset<\/a> and <a href=\"https:\/\/ioadvisory.com\/blog\/leadership-executive-coaching-rewards\/\" target=\"_blank\" rel=\"noopener noreferrer\">leadership<\/a>), <a href=\"https:\/\/ioadvisory.com\/blog\/career-coaching-hr-consulting-psychology\/\" target=\"_blank\" rel=\"noopener noreferrer\">career coaching<\/a>, executing coaching, writing, and <a href=\"https:\/\/ioadvisory.com\/blog\/public-speaker-workshop-dr-helen-ofosu\/\" target=\"_blank\" rel=\"noopener noreferrer\">speaking<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-scaled.jpg\"><img decoding=\"async\" class=\"size-medium wp-image-12194 alignright\" src=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-300x200.jpg\" alt=\"a portfolio career needs self-management \" width=\"300\" height=\"200\" srcset=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-300x200.jpg 300w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-1024x683.jpg 1024w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-768x512.jpg 768w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-1536x1024.jpg 1536w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-2048x1365.jpg 2048w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-500x333.jpg 500w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/max-duzij-qAjJk-un3BI-unsplash-1600x1067.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>A key theme of a portfolio career is the concept of self-management. You decide when you work, whom you work with, and how much you&#8217;re worth.<\/p>\n<p>&nbsp;<\/p>\n<p>Here are some portfolio career concepts that can be combined into a full-time schedule:<\/p>\n<ul>\n<li>Two or more part-time jobs.<\/li>\n<li>A retainer with an organization (e.g., two days a week) and other freelance work with others and\/or part-time job<\/li>\n<li>A part-time job and freelance work.<\/li>\n<li>Freelance projects, a part-time job, side business.<\/li>\n<li>Building a business, supplemented with a part-time job or freelance\/contract work.<\/li>\n<li>Short-term work contracts (e.g., 3-12 months), taking a break to recharge, pursue studies, work on a business, work part-time elsewhere, then another contract position.<\/li>\n<li>Pursue education, freelance projects and running an online business from home.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>A portfolio career may be suitable for a wide variety of people:<a href=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-scaled.jpg\"><img decoding=\"async\" class=\"alignright wp-image-12191 \" src=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-1024x683.jpg\" alt=\"\" width=\"443\" height=\"295\" srcset=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-1024x683.jpg 1024w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-300x200.jpg 300w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-768x512.jpg 768w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-1536x1024.jpg 1536w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-2048x1365.jpg 2048w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-500x333.jpg 500w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/standsome-worklifestyle-wZJUt5mCbR0-unsplash-1600x1067.jpg 1600w\" sizes=\"(max-width: 443px) 100vw, 443px\" \/><\/a><\/p>\n<ul>\n<li>People who want more control over their career development and trajectory<\/li>\n<li>People who want to have more variety, flexibility and fulfilment in their working life than having one job can give.<\/li>\n<li>People with ideas for other projects and\/or business ideas outside the scope of their full-time position.<\/li>\n<li>People who are unsatisfied with settling on one career or industry and climbing the corporate ladder.<\/li>\n<li>Mature workers in their 50\u2019s or 60\u2019s who may be having trouble finding employment that matches their skill level, experience, and compensation expectations, or who want to leave full-time employment but don\u2019t want to retire completely as yet.<\/li>\n<li>People who want to ensure some security and flexibility instead of the risk of losing a single, full-time income source in the event of a job loss.<\/li>\n<li>People with an interest and curiosity to pursue a variety of talents and interests rather than be constrained by the role and tasks of a full-time position. Someone curious and interested in a variety of different subjects, which are often not related to one another.<\/li>\n<li><a href=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-scaled.jpg\"><img decoding=\"async\" class=\"alignright wp-image-12192 \" src=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-1024x683.jpg\" alt=\"\" width=\"478\" height=\"319\" srcset=\"https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-1024x683.jpg 1024w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-300x200.jpg 300w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-768x512.jpg 768w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-1536x1024.jpg 1536w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-2048x1365.jpg 2048w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-500x333.jpg 500w, https:\/\/ioadvisory.com\/blog\/wp-content\/uploads\/2021\/03\/brandy-kennedy-BkwzVF6mHdc-unsplash-1600x1067.jpg 1600w\" sizes=\"(max-width: 478px) 100vw, 478px\" \/><\/a>People exploring self-employment or entrepreneurship &#8211; starting and running a business.<\/li>\n<li>People returning to work after a prolonged absence.<\/li>\n<li>People looking to leave full-time employment and enjoy a better work\/life balance.<\/li>\n<li>Young people who want to explore career options through a variety of different work projects and employers.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>With such a long list, many people will find themselves and their careers reflected. There\u2019s a lot to unpack on this topic so stay close. I\u2019ll continue to share my thoughts on the portfolio career in <a href=\"https:\/\/ioadvisory.com\/blog\/the-portfolio-career-part-2-of-2\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>part two<\/strong><\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>If you\u2019re contemplating any work-related changes or improvements, I invite you to reach out today for a free and confidential initial phone consultation by\u00a0<a href=\"https:\/\/ioadvisory.com\/blog\/appointments\/\" target=\"_blank\" rel=\"noopener noreferrer\">phone<\/a>,\u00a0<a href=\"mailto:%20helen@ioadvisory.com\" target=\"_blank\" rel=\"noopener noreferrer\">email<\/a>,\u00a0or via direct message on\u00a0<a href=\"https:\/\/twitter.com\/drheleno_ca\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/IOAdvisoryServices\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>\u00a0or\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/helenofosu\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>More than career coaching, it\u2019s career psychology\u00ae.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/ioadvisory.com\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">I\/O Advisory Services<\/a>\u00a0\u2013 Building Resilient Careers and Organizations.\u2122<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I often talk about building resilient careers, in fact, it\u2019s part of my tagline \u201cBuilding Resilient Careers and Organizations.\u2122\u201d It\u2019s only in retrospect that I noticed that I\u2019ve also been building a portfolio career.\u00a0The portfolio career involves having several income sources featuring a mix of full and\/or part-time employment, freelance and contract work, and\/or a side business, rather than one single-source income, full-time job.<\/p>\n","protected":false},"author":3,"featured_media":12190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,7],"tags":[32,317,326,294,128,189,40],"class_list":["post-12187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-career-advice","tag-career-advice","tag-career-coaching","tag-career-counselling","tag-career-development","tag-encore-entrepreneurship","tag-professional-development","tag-return-to-work-planning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Portfolio Career (Part 1 of 2) - I\/O Advisory Services Inc.<\/title>\n<meta name=\"description\" content=\"The portfolio career involves having several income sources featuring a mix of full and\/or part-time employment, freelance work, and ...\" \/>\n<meta name=\"robots\" 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