The Next Big Thing – from the Build the Career You Deserve e-zine
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The Next Big Thing
Make sure your career move isn’t following a fad
“What are some good areas to be in right now?” This is a question I am asked daily and, to put it simply, a very loaded one. While I think there are some industries that have a promising future (see below), I think there are some bigger questions to answer that lie within you – not the marketplace. So, here are some things to consider:
There are a handful of verticals that look to be growth oriented. Alternative energy is one area that will only continue to grow, particularly if the Obama administration makes good on its energy initiatives. “Green” technologies, solutions and business also show promise, but some are more viable than others. Technology that provides a low cost (SaaS – Software as a Service, Virtualization and Cloud Computing) and solid return on investment (ROI) is very promising. As well businesses (consulting, services or technology) revolving around financial compliance.
Do What You Like, Like What You Do. Any fans of the “Life is Good” brand will know this slogan. But, it is a good one to live by. Whatever path you chose, you need to feel passion and the desire to evangelize for it. But, when assessing a new opportunity, make sure not to put emotion over intelligence. To borrow from the “green” movement, ask yourself this simply question: “Is it sustainable?”
Warren Buffet says, “Investment must be rational; if you don’t understand it, don’t do it.” Your career path is your largest investment and the seed from which all else grows, so I think heeding his advice is key here. If something sounds too good to be true, it probably is. If after interviewing with a company their enthusiasm outweighs what seems to be a sketchy plan, it might be wise to keep moving. Bottom line: if it doesn’t make sense, you should pass.
Don’t confuse finding a growth-oriented industry or vertical with stability. Stability resides within you, not within the industry, vertical or company. You can read more about that here.
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Thanks for posting the article, was certainly a great read!