The Portfolio Career Transition
Build multiple income streams while transitioning:
Rebecca's Portfolio Approach: - Full-time: Marketing Director (security) - Consulting: E-commerce strategy ($5K/month) - Teaching: Digital marketing course ($2K/month) - Advisory: 2 startup advisorships (equity)
Result: Reduced risk, increased income, expanded network
The Boomerang Strategy
Strategic returns to previous employers:
Advantages: - Known quantity (reduced risk) - Established relationships - Insider knowledge - Higher level return - Negotiating leverage
James's Boomerang: - Left Company A as Senior Accountant ($85K) - Gained startup experience elsewhere - Returned to Company A as FP&A Director ($140K) - 65% increase by leaving and returning
The Industry Arbitrage
Move skills to higher-paying industries:
Compensation by Industry (Same Role): - Non-profit Marketing Director: $75K - Retail Marketing Director: $95K - Healthcare Marketing Director: $115K - Tech Marketing Director: $145K - Finance Marketing Director: $165K
Rebecca's Industry Jump: Retail ($94K) → Tech Startup ($142K) = 51% increase