Portfolio careers: Having your cake and eating it!
Gone are the days when the ultimate career goal was to secure a long-term position at a single company, retiring after decades of service. Today, the idea of a portfolio career—or as some like to call it, a “portfolio life”—is gaining traction. It’s particularly appealing for those wanting to step away from the full-time hustle yet still crave a sense of purpose and engagement.
Many people are finding that traditional jobs don’t align with their personal goals anymore. The reasons for this shift vary: some seek better work-life balance, others want to explore different interests, and economic shifts have made full-time positions seem less secure or fulfilling. For people approaching retirement, the thought of fully stepping away from work can feel unsettling. A portfolio career offers a compelling alternative, allowing professionals to stay active and engaged but with far greater flexibility.
Sandra Whiles, a Professional Certified Coach, describes it well: “I’d describe it more as a portfolio life—a bit like a patchwork quilt. Each piece is different, but together they form a complete picture, comforting, stretching, and sometimes a bit out of alignment.” In this way, a portfolio career allows individuals to leverage their experience and skill sets across various roles, adding both variety and fulfillment. This could include consulting, part-time roles, advisory positions like Non-Executive Director (NED) roles, or freelance work. The benefits are numerous; the freedom to choose when and how much to work can help prevent burnout, especially for those who have spent years in demanding roles. Plus, pursuing a broader range of work keeps the mind active and opens doors to new opportunities.
For many, continuing to contribute to their industries is vital. Consulting or taking on an NED role allows seasoned professionals to share insights, mentor emerging talent, and help shape the future of their field without the pressure of daily operational duties. This not only keeps them relevant but also nurtures a deep sense of purpose. However, as Sandra notes, “A portfolio career can sometimes feel a bit lonely. Without a steady team around me, I’ve worked to build connections that keep me feeling part of something bigger, even when I’m working solo.”
If you’re considering a portfolio career, Sandra has some valuable advice: “For anyone considering a portfolio career, I’d advise doing some practical planning early on. Figure out what you love, what you’re great at, and what you need from this career—financially, emotionally, and in terms of balance and energy. Then, work with a coach to help make it happen.” This intentional approach allows you to create a career that’s sustainable and fulfilling, on your own terms.
Ultimately, a portfolio career enables professionals to seek fulfillment beyond the traditional 9-5, finding work-life balance as part of a purposeful, flexible life. Will you be embracing this new way of working? If so, when could this be an option for you? What’s your plan? How can you make this shift to achieve the balance you’re seeking?
If you’re ready to explore your options, I’d love to support you in planning your portfolio career. Book a free call to discuss how we can work together to bring your vision to life.