How to Build Portfolio Career & Income with Ilana Golan
Dec 11, 2024
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Ilana Golan, a tech executive and the founder of Leap Academy, shares insights on cultivating a portfolio career. She discusses the shift from singular job roles to diverse income streams, emphasizing intentionality in career decisions. Ilana highlights the ripple effect of personal branding and how setbacks can lead to transformative success. Listeners will learn about balancing financial stability with passion-driven goals, and the importance of connecting with inspiring individuals for overall growth and fulfillment.
Building a portfolio career allows for financial stability and personal fulfillment by diversifying income streams and reducing dependency on traditional jobs.
Creating a strong personal brand through intentional experimentation helps professionals refine their focus and maximize their impact in the marketplace.
Deep dives
Understanding Portfolio Careers
A portfolio career consists of multiple income streams that provide financial stability and personal fulfillment. This approach allows individuals to diversify their sources of income, reducing dependence on a single job and fostering resilience against challenges such as ageism in the workplace. Moreover, a portfolio career enables professionals to pursue passion projects, create impact, and build legacy wealth while enjoying the flexibility to work from anywhere. This way of structuring a career aligns with the modern emphasis on varied experiences and personal growth beyond traditional career paths.
Building a Personal Brand
Creating a personal brand is crucial for professionals looking to succeed in a portfolio career. An effective strategy is to develop what is known as an umbrella brand, which captures the essence of your interests and values without being limited to a specific niche. By testing different opportunities, such as public speaking or advising, individuals can refine their focus and establish a clear identity in the marketplace. This approach allows for gradual improvement and clarity about what you want to be known for, maximizing your impact across various platforms.
Do's and Don'ts of a Portfolio Career
When embarking on a portfolio career, it is essential to establish a stable income stream as a foundation to avoid financial instability. Many professionals make the mistake of pursuing numerous activities without strategic intent, leading to burnout without satisfaction or income. Intentional experimentation is crucial, but a clear alignment with immediate financial needs is necessary to avoid misaligned efforts that yield little return. Successful portfolio career builders focus on creating ripple effects by building a reputation and engaging in activities that enhance their industry standing while contributing to their primary income source.
Ilana Golan is a tech executive and investor turned Founder of Leap Academy, one of the fastest growing companies in America by Inc. Podcast in top charts. Helping professionals leap their reputation, income and careers.
Top 3 Value Bombs
1. This is the era of portfolio careers. Done are the days when you only have one thing and you just need to work harder to get the life that you want.
2. Being intentional creates ripples that drive results.
3. Its not about what we make but what we make possible to create a life of possibilities.
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