In recent years, the traditional career growth model — from junior specialist to department head — has been losing its relevance. It has been replaced by the concept of a "portfolio career," first introduced by British business philosopher Charles Handy in the late 1980s.
What is a portfolio career?
A portfolio career is a model of professional life where an individual engages in multiple activities simultaneously. For instance, one might consult clients, maintain a personal blog, teach online, and create art objects for sale. Each of these activities becomes a unique "asset" in a person's professional portfolio.
In his book "The Age of Unreason," Charles Handy noted that the traditional work schedule tied to a single employer no longer meets the challenges of our time. In an unstable economy and technological revolution, people increasingly seek flexibility and variety.
Why has this become relevant today?
The modern world has provided us with tools that make a portfolio career a reality:
1. The rise of freelancing. Platforms like Upwork and Fiverr enable finding projects from anywhere in the world.
2. Remote work. Technology allows earning from home without being tied to an office.
3. Changing values. Younger generations are increasingly choosing freedom and self-development over climbing the corporate ladder.
4. Economic changes. Working for one company for a lifetime has become rare, prompting people to seek new sources of income.
Advantages of a portfolio career
1. Flexibility. You choose what to do and how to work.
2. Financial stability. Income from various sources reduces the risks associated with losing any one of them.
3. Talent development. A portfolio career allows for the combination of professional and creative interests.
4. Job satisfaction. The opportunity to work on beloved projects makes work more meaningful.
What challenges exist?
Of course, a portfolio career is not without its difficulties. It requires:
a high level of self-organization;
the ability to manage time and resources;
self-confidence and readiness to seek clients or projects.
Additionally, for those accustomed to stability, this approach may seem risky.
Who is suited for a portfolio career?
This model will be particularly appealing to individuals who:
want to explore various fields;
aspire to freedom and independence;
possess an entrepreneurial mindset;
value diversity in their work.
How to get started?
1. Identify your strengths. Reflect on which skills or talents you can monetize.
2. Build a foundation. If you work in a company, start small: take on a small freelance project or try to develop a hobby.
3. Learn. Acquire skills in self-presentation, time management, and marketing.
4. Assemble a portfolio. This will showcase your capabilities to potential clients.
A portfolio career is not just a trend; it is a response to the realities of the modern economy. This approach breaks outdated stereotypes that equate success with one job and many years in an office. It is about freedom, diversity, and self-realization.
Each of us can take our career into our own hands and create a professional portfolio that brings not only income but also joy. The only question is whether you are ready for this new freedom?