When gambling in a card game, the stakes are outlined and the risk is known. You have prepared and agreed to lose a specific amount of money if the cards are not dealt in your favor.
But, in life, is it impossible to know what you will lose when you gamble on yourself when deciding to switch professions or enroll in a startup venture? For recent graduates, or people who are thinking about a career change, it’s difficult to risk your current financial security in hope of achieving your aspiring occupation. In a game of poker, and in your professional life, it’s critical to know when to bet and when to fold, especially when the stakes are very high. When learning to bet on yourself, it is valuable to consider these 5 tips before gambling away your career.
Get A Support System?
It is imperative to have family and friends who believe in your passion. The support and encouragement provided from the individuals who are closest to you can help reassure that you can make a significant career change, start your own company, or quit a stable job in pursuit of your professional ambitions.
Put In The Work?
It is courageous to want to risk losing a stable, financially practical job to chase a dream job. When considering taking that leap, it is necessary to previously put in the time to make your aspiration a reality. Making the decision to switch professions can only be beneficial if you have practiced, learned, and mastered the skills needed to be successful in your desired position; having knowledge and ability helps secure new employment.
Test The Waters
Learn the trade, pick up skills, and volunteer. It is valuable to experience new work atmospheres before committing to a career change. As it is said, you should test the waters before jumping in headfirst. Sometimes the idea of a dream profession is more thrilling than actually pursuing it. It is vital to know exactly what a job entails before making a huge sacrifice and risking your financial security.
Know Your Odds
A smart employee will take time to scout the market before signing up in a business or industry that will not thrive in today’s economy. Additionally, if everyone is making the same career switch, weighing the probability of obtaining an available job can help facilitate the decision to switch or stay.
Ask The Right Questions
Will the switch be meaningful? Many individuals searching for a new career are interested in work that will be meaningful and add something to their lives. Jobs provide financial security, but also consume the majority of time in our days. Deciding that happiness is a job requirement helps you feel confident in your work contributions and encourages you to continue working in the same profession.