What was in demand a year ago is less in demand today. Yet, found Career Change Challenge, of the 80% who consider a career change, only 6% of us do it.
Typical in the legal sector is the senior associate who is knocked out of the box. The law firm allows him or her a time to still hang around there while planning a next. But it's rare that they do pursue the next. Instead the time is "wasted" chasing other opportunities in law which no longer exist. At least not for them as older, once highly-paid legal employees.
I had been among the avoiders. Around age 45, my wildly successful executive communications boutique startup was down to about one-half the business it had been receiving. I considered becoming a financial planner. I considered becoming an expert in marketing communications.
But instead of starting over I found a way to resurrect the declining business. Had I made the switch I might not have lost the business in 2003 when the market for my services tanked. At age 58, I had to do a career change versus choosing one.
Live and learn, though. At age 71, I became aware again of the changing marketplace. This time it has only taken me about 7 months to respond with a career change. I am operating a startup in content marketing. Once it's generating X number of dollars in revenue, I am planning to relocate the enterprise from the Southwest to where I have a stronger network. That will be part of the rebranding.