How can I set myself up for success in my new career?

Pursuing your dream career can make you feel like the whole world is open to you. But following your passion can bring a world of challenges too. Ease your worries by anticipating and managing some of the biggest issues that may come with a new career.

Set realistic expectations
Your dream job probably won’t be a dream every single day. Come down to earth a bit, and prepare for some realities.

• Research the new role. From salary ranges, benefits and opportunities for growth to a new wardrobe and change in commute, it helps to have a detailed picture of how your career change will impact your budget.
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• Create a timeline. Where do you see yourself in a year? In five or 10? Whether your next move is a promotion, a lateral move or a step back, focus on goals to reach in your new career and how long it might take to get there.
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• Define what success looks like. Check your progress by establishing clear markers for success along the way. Don’t forget to celebrate each accomplishment — even small wins can help lift your attitude and self-esteem.

Take baby steps
You don’t have to make a drastic change all at once. You can prepare for your new career by taking slow, small steps that will build your skills and experience until you’re ready to make the leap.

• Find answers within. If you work for a large company, you may be surprised by the creative career avenues offered by your current employer. Love party planning? Get to know the events team. Have experience as a weekend wedding videographer? Your corporate communications team may need you. Interested in helping people? Human resources will give you a taste.
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• Moonlight as a student. Seek new skills by taking courses in the evening or on weekends, spend vacation time learning more about your new profession, or find someone to shadow in your passion career.
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• Talk it out. Networking is crucial for career changers. Talk to family, friends and professional contacts to find connections in your ideal line of work. Find out more about the skills and experience the job requires and what you may need to brush up on. Focus on the skills or qualities you already have.  

Get professional advice
Don’t venture into this new career alone. Feedback from professionals can ease anxieties and may help you uncover blind spots in your plan.

• A career coach can help analyze your goals and strengths to find a career path that fits — plus offer tips on résumé writing, interviewing and negotiating compensation.
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• Your tax accountant can help you understand any tax implications and may have strategies to help you prepare for tax surprises.
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• Your financial professional can help you understand how a career change may impact your savings and investments and provide guidance on what to do with your 401(k) when changing careers.