From the course: Building a Portfolio Career: Diversify Your Income and Do More of What You Love

Understand common parts of a portfolio career

- Here's something that's actually kind of baffling when you think about it. If you invest, I'm guessing you don't put everything, like all of your money, in one place, right? Of course not, because that would be super risky and could make it impossible for you to reach your goals. Why then do so many of us invest all of our time in one job, often using the same skills on repeat, and expect to achieve all of our personal and professional goals? Something to think about. Right? And since you're here, I'm guessing you're thinking a lot about the possibility of creating a portfolio career, which, by the way, is really exciting to me. But what goes into the portfolio? What are some of the most common pieces and parts to make up a portfolio career? The options are nearly endless, really. But some of the more common things that I've seen people with portfolio careers weave together include a full-time and a part-time job, or a side hustle, multiple part-time jobs, small businesses, paid or unpaid board seats, seasonal or gig work, consulting projects, teaching roles, volunteer work, or service as an elected official. We'll get into more specifics as the course unfolds, but I want to make sure you understand right from the start that you have quite a few options when it comes to the makeup of your portfolio. The tricky part will lie in determining the right combination of endeavors, because it will likely involve some soul-searching, trial and error, risk, and a heaping helping of self-motivation. You see, when you have a portfolio career, you are the CEO of your life, even if you have one or more boss. And as the CEO, you are not going to want to simply throw together a mess of stuff and hope that it all works out. So for sure, yes, brainstorm what parts you might want in your portfolio, but as you finalize your decisions, make sure you diversify in a way that supports your short and longer-term goals, aligns with your skills, interests, and values, and creates economic resilience, because this is the point of a portfolio career.

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