#JobSearch : 5 Reasons Why A Down Market Is The Best Time To Pursue Your Dream Career. You’re More Open to Thinking, “If Not Now, When?”
In the recent months that the pandemic has crippled the job market, you could be tempted to put your aspirations to build a dream career on hold. For example, you decide to stay put even if you’re unhappy at your job, rather than risk looking for a change in a tight market. Or if you do take the step to look for a job, you target opportunities that match your previous experience (and therefore where you’re more competitive), even if that’s not what you’d ideally like to do. Or you consider lower-paying jobs than you’re worth because you think it will be easier to land these, rather than holding out for more.
It’s true that, in a down market, your job search might take longer and be more difficult, with more available workers chasing fewer job openings. However, counterintuitively, a down market could be the best time to pursue your dream career:
1 – You’re more open to thinking, “If not now, when?”
A downturn can take you out of autopilot and prompt you to reflect on what is most important. That self-reflection could propel you into bigger risks and changes. Time is of the essence, and you shift your priority from managing risk to minimizing regret. The down market becomes a catalyst for something positive. Since there is never a perfect time to go after something new, why not now for pursuing your dream career?
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2 – If the job search will be difficult anyway, might as well go after something meaningful
In a tight job market, you probably will experience more rejection. When you target something meaningful like finally pursuing that dream career, you have genuine motivation to persevere through the rejection. Being involved in something you enjoy or find fulfilling makes the job search feel less like work and more like an investment, vocation or calling.
3 – The extra grunt work will feel less tedious
When you make a change, like entering a new field or line of work, you have to work harder to prove yourself than someone who has an established track record. The results, examples or other proof you need to demonstrate are additional activity above and beyond what you have to do for your everyday job search. This extra work could include volunteering in your new area, joining a professional association and getting active, or doing exhaustive research on the trends, challenges and potential innovations in your new industry or role. This is hard work, made much more palatable when you’re inspired by what you’re working on.
4 – Desire is a big competitive advantage, and you need an edge
That desire for your dream career is not just inspiring to you, but also to prospective employers. Eagerness, enthusiasm and excitement for an area signals to employers that you’re committed and will work hard. As a recruiter, I have seen candidates who exhibit very strong desire gain an edge over candidates who are more qualified in terms of skills or experience but who come across as not as interested. In a tough market, you want that edge, which could be a deciding factor to selecting you among other candidates.
5 – When you experiment and inevitably fail sometimes, the starts and stops blend in with the chaotic market
In a down market, more job seekers will be flailing about – taking short-term projects, starting side gigs, experimenting and sometimes failing to find what sticks. This makes it a good time for you to experiment since any starts and stops you make will mirror what is happening all around. This puts less pressure on you to have it all figured out right away. In fact, you can try the new industry or role you think you want as a consulting project or volunteer or part-time, and if it isn’t as good a fit as you expected, you can go back to what you did before. The short tenure will seem less disruptive because many other careers have disruptions – layoff, furlough, underemployment – in a down market.
Don’t let a down market be the excuse for postponing your dreams
Sure, a growth market means that jobs are more plentiful and might be easier to get on average, but how long are you going to wait for the market to turn around? Besides, now you know several advantages a down market can bring. No more settling for just any job – pursue a job that moves you towards your dream career instead.
Forbes.com | November 13, 2020 | Caroline Ceniza-Levine