Midlife Career Change: 3 Tips to Turn Your Crisis Into an Opportunity

Midlife Career Change: 3 Tips to Turn Your Crisis Into an Opportunity
Jobstreet content teamupdated on 23 March, 2023
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Reaching the halfway mark in life or your career can be a significant milestone that prompts reflection and evaluation of past achievements and future aspirations. For some, it is an opportunity for introspection, making changes, setting new goals, and pursuing new passions. For others, it can be a time of celebration, feeling proud of accomplishments and excited about new opportunities. However, it can also be a source of stress, burnout, and worry for those who feel they have not achieved enough or think that they are no longer as valuable to their organisation. For certain people, a midlife career change seems to be one of their few viable options to get out of their rut. Ultimately, how one feels about reaching the halfway mark depends on their unique experiences and perspectives.

What Is a Mid-Career Crisis?

A mid-career crisis, also known as a career plateau, refers to a period of career dissatisfaction or a feeling of stagnating in one's career. It typically occurs during the mid-career stage, which is often around the age of 40, when an individual may have been working in their field for several years but is not experiencing the level of success or fulfilment they had hoped for.

Early Signs and Symptoms of a Mid-Career Crisis

The early signs of a mid-career crisis can vary from person to person, but here are some common indicators:

  1. Feeling unfulfilled or dissatisfied with your current job or career path, bored with work.
  2. Questioning your skills and abilities, as if you are not making progress in your career.
  3. Questioning the purpose and meaning of your work.
  4. Feeling stuck or trapped in your current job — with limited opportunities for growth or advancement.
  5. Experiencing lack of motivation, burnout, stress, or fatigue due to work-related issues.
  6. Struggling to balance work and personal life, leading to a lack of fulfilment or enjoyment in both areas.
  7. Considering a major career change or shift in direction.
  8. Feeling undervalued or underappreciated in your current job or position.
  9. Comparing yourself to others in your field and feeling like you are falling behind or not measuring up.

It's important to note that experiencing one or more of these symptoms does not necessarily mean someone is going through a mid-career crisis, and it's important to speak with a professional or trusted advisor to discuss any career-related concerns.

What to Do When Having a Mid-Career Crisis

A mid-career crisis can be an opportunity for growth and self-discovery. With reflection, support, and action, it is possible to navigate this challenging time and find a fulfilling career path.

1. Identify the source of the crisis

Take time to reflect on what may be causing the crisis. Is it burnout from a high-stress job? Dissatisfaction with your career path? Fear of not achieving your goals? Identifying the source can help you develop a plan to address it.

2. Consider a career coach

Some people don’t see the value in hiring a career coach, but it is a good way to get your brain moving in another direction. A career coach can help you identify your strengths, interests, and values, and guide you in exploring new career paths.

3. Explore new opportunities

Take some time to explore new job opportunities or consider starting your own business. Volunteering, taking a class or workshop, or attending networking events can also help you discover new interests and opportunities.

4. Set new goals

Identify new goals that align with your values and interests. This can help give you a sense of purpose and direction, and provide motivation to move forward.

How to Overcome a Mid-Career Crisis

Overcoming a mid-career crisis takes time, effort, and a willingness to make changes. With the right mindset, support, and strategies, it is possible to navigate a mid-career crisis and come out stronger and more fulfilled in your work. Here are some strategies that may help individuals overcome a mid-career crisis:

1. Self reflect

Take some time to reflect on your current career path and ask yourself some important questions. What are your strengths and weaknesses? What motivates you? What are your career goals?

2. Assess your skills and experience

Evaluate your current skills and experiences. Determine if they line up with your career goals. If not, consider acquiring new skills or further education to enhance your marketability.

3. Consider a career change

Explore new career paths that align with your interests and passions. Conduct research and seek advice from professionals in the field to gain insight into the job market and the skills and qualifications needed.

4. Network

Connect with people in your industry or in the field you are interested in. Attend professional events, join industry associations, and associate with people in your field to expand your network and gain new opportunities.

5. Take action

Develop a plan of action and take steps towards achieving your career goals. This may involve taking on new projects or responsibilities at work, starting a side hustle or pursuing additional education.

What Is a Midlife Career Change?

A midlife career change refers to the process of transitioning from one career to another in the middle of one's working life, usually around the age of 40 to 50. It may involve a complete shift to a different industry, profession or job function, or may involve building on existing skills and experience in a related field. People may consider a midlife career change for various reasons, such as feeling unfulfilled or burned out in their current career, seeking greater work-life balance, or pursuing a long-held passion or interest.

Read more: Want to Change Careers Employment Tips for the 40+ Jobseeker

How to Turn Your Mid-Career Crisis Into an Opportunity

A mid-career crisis can be a challenging and stressful experience, but it can also be an opportunity to reevaluate your goals, find new passions, and make positive changes in your life. Here are some tips on how to turn your mid-career crisis into an opportunity:

1. Identify your values and what motivates you

This can help you determine if you are on the right career path or if you need to make a change.

2. Explore new opportunities

Look for new opportunities within your current company or industry. If you are ready for a change, explore new careers or industries that align with your interests and values.

3. Learn new skills

Take classes or courses to acquire new skills or improve existing ones. This can help you stay current in your industry or prepare you for a new career.

It's important to remember that there is no one-size-fits-all solution when dealing with midlife and mid-career crises. Employees may need to experiment with different strategies and practises to find what works best for them. A mid-career crisis does not necessarily mean failure. It can be an opportunity for growth and positive change. Stay open, curious, and proactive in navigating this transition.

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