❮ Return to Blog

Career Pivots: Navigating the Transition Into a New Field

Career Pivots: Navigating the Transition Into a New Field

Estimated reading time: 0 minutes

An unprecedented number of professionals have been changing careers in the years since the pandemic. Economic uncertainty, industry changes, and the desire for better work-life integration led many people to re-evaluate their career paths.

On top of that, increased work-related stress and burnout, along with the desire to secure a higher salary amid high inflation, have made trends like job-hopping more commonplace.

If you’re finding yourself hoping to make a big change in their career this year, rest assured, you’re not alone. Here are three practical steps to help guide you into a new chapter of your professional journey.

Step 1: Identify Your Transferable Skills through Self-Assessment

The first step in making a successful career transition is simple: You need to know where you are in order to guide where you are going.

Conduct an honest career self-assessment. Think about your achievements, motivations, and greater career and life goals. Does the life you want to create require a remote role? Or do you dream of going to the office? What salary range will support the lifestyle you envision? How important are factors like passion and impact? The answers to these questions will guide your decisions on what kind of job you should pursue.

Next, identify your transferable skills, which are invaluable in your job transition. These skills and competencies are already part of your repertoire, but can be used across industries and fields. This also includes things like communication skills and leadership experience. Recognizing these adaptable skills will not only boost your confidence but also ensure alignment with roles that capitalize on your existing expertise, making you a more compelling candidate in the eyes of recruiters and hiring managers.

Pro Tip: Find low-cost ways to fill that gap on your own terms. For example, many libraries offer free access to LinkedIn Learning. Taking advantage of these self-paced courses is a great way to build your skills and improve your chances of landing your next job.

Step 2: Sell Your Story

A successful career transition depends on your ability to tell your story in a compelling way. It’s about having clarity on why you’re making a transition in the first place, and communicating that clearly on your resume, LinkedIn, and in interviews.

Part of this is knowing your elevator pitch. This short, 30-second speech is about your past experience, your most relevant skills and accomplishments, and the why behind your transition. This will come in handy when you’re interviewing, but also when you’re rewriting your resume.

Step 3: Lean into Networking

In today’s competitive job market, networking is more important than ever. It can also be a catalyst in your career pivot, giving you access to opportunities and insights.

The best place to start networking is your current contacts. Talk to people in your immediate network and let them know you’re looking to make a change in your career. They can help connect you with other professionals, organizations, and opportunities that will help get you closer to your goal.

Next, embrace cold outreach. It can be an uncomfortable, but often necessary part of the process. Make this process easier by setting small, achievable goals like connecting with 5 recruiters or hiring managers in your desired industry in a week. Platforms like LinkedIn can also help broaden your network.

Remember, effective networking requires persistence and proactive outreach, even to individuals beyond your immediate circle. Cultivate relationships with professionals at varying levels and across organizations to gain diverse perspectives and expand your opportunities.

Final Tip: Keep a Positive Mindset and Long-term Perspective

Navigating a career transition in a competitive job market can take a toll on your mental well-being. It’s important to maintain a positive mindset and keep a long-term perspective to alleviate some of the stress.

Reframe challenges as growth opportunities and face setbacks with resilience and optimism. Don’t hesitate to lean on your support network and ask for help when you need it. Remember, being successful in your career pivot, requires perseverance and a steadfast commitment to your overarching career and life objectives. Have confidence in your skills and your ability to overcome obstacles with determination and resilience.

SoFi Securities (Hong Kong) Limited and its affiliates (SoFi HK) may post or share information and materials from time to time. They should not be regarded as an offer, solicitation, invitation, investment advice, recommendation to buy, sell or otherwise deal with any investment instrument or product in any jurisdictions. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
SoFi HK does not make any warranties about the completeness, reliability and accuracy of this information and will not be liable for any losses and/or damages in connection with the use of this information.
The information and materials may contain hyperlinks to other websites, we are not responsible for the content of any linked sites. The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi HK. These links are provided for informational purposes and should not be viewed as an endorsement. The risk involved in using such hyperlinks shall be borne by the visitor and subject to any Terms of Use applicable to such access and use.
Any product, logos, brands, and other trademarks or images featured are the property of their respective trademark holders. These trademark holders are not affiliated with SoFi HK or its Affiliates. These trademark holders do not sponsor or endorse SoFi HK or any of its articles.
Without prior written approval of SoFi HK, the information/materials shall not be amended, duplicated, photocopied, transmitted, circulated, distributed or published in any manner, or be used for commercial or public purposes.


About SoFi Hong Kong

About SoFi Hong Kong

SoFi – Invest. Simple.


SoFi Hong Kong is the All-in-One Super App with stock trading, robo advisor and social features. Trade over 15,000 US and Hong Kong stocks in our SoFi App now.