According to data compiled by Layoffs.fyi, the online tracker keeping tabs on job losses in the technology sector, 1,186 tech companies laid off about 262,682 staff in 2023, compared to 164,969 layoffs in 2022. In 2024, 168 tech companies have already laid off 42,324 employees.

The days of one role and one opportunity defining your whole identity are gone.

The linear career graph of climbing the corporate ladder and giving everything in your life to that one job, is no longer a safe option.

You may love your job a lot, but will your job love you back? Chances are it will not.

It is a business after all, and you are a piece in that business.

When you invest your hard earned money, you don’t put all your eggs in one basket, right?

You are taught to diversify into cash, stocks, bonds, real estate and alternatives too.

However, when it comes to your career, you tie your entire identity to one job.

And just like a concentrated portfolio, it is risky too. Your company, your industry and even your skillsets can be obsolete any day without a notice.

So, what is the solution? How can you design a portfolio of your career?

Isn’t it a lot of hard work to develop a side hustle after a full time work? It is.

Even if you start today, will it not take a lot of time? In most cases, it will take years.

Unless, you find a way to win the lottery, chances are any new skill, any new passion will take time to materialize into a business or a part of the portfolio career for you.

I see it as the same as a diversified portfolio of investments. When you start investing in real estate, it does not make a killing in the first year, not even in the first five years.

But as compounding works its magic, the asset appreciates in value and income. Slowly, but steadily, it becomes part an important part of your investing portfolio.

Same for stocks, same for bonds albeit on the stability front.

Everything takes time, and you have to give it time to grow.

But you can take the necessary steps today, by aligning your priorities towards a portfolio.

Just like real estate investors hold an emergency cash reserves for every property, just like stock portfolio is complemented with bonds for stability, your finances have to be aligned to start the foundation of your portfolio career.

Your finances are an integral part of your career goals. Rather than seeing your money as savings, spending and investing – see how you can use it more effectively to diversify your career.

Because the days of retiring with the golden watch are limited.

The 401k contributions may stop, the health insurance from your company may stop.

The music may stop any day.. are you ready?

Align your finances in four easy steps for peace of mind.

• Financial Reboot
• Financial Plan
• Financial Flow
• Financial Growth

This is a simple framework I take clients through, in just about 8-12 weeks.

And it prepares their finances for that solid foundation to align with their values, goals and financial freedom.