Women’s Agenda

The Pros and Cons of a Portfolio Career

6 June 2017: Published on the Women’s Agenda website

We’d all love for our passion to pay the bills. But the reality is that it’s the lucky few who really live by the maxim: ‘do what you love and you’ll never work another day in your life’.

One way you can indulge your passions or create some variety in your working life is to have a portfolio career, one where you make your living through a number of avenues.

In her new book Rethink Your Career, Joanna Maxwell says a portfolio career, where you do more than one type of work in your week, is becoming a trend because it’s enabling people to create work that works for them.

So what does a portfolio career look like? It could involve scaling your full-time job back to a part-time one so that you can set up a business on the side, or turning your hobby into a money-making venture.

It may mean channelling your experience and expertise into several complementary roles – consultant, teacher and educator – to create variety within your working week.

Sounds good? Before you go quitting your day job, consider the following pros and cons of a portfolio career to decide if it is the right approach for you.

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