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Portfolio careers

40 replies

Emslifechoices · 26/09/2014 10:40

I've read a lot about portfolio careers recently - does any one have any experience of this? Do they work in real life?

I think the thing I hate the most about my current job/career is the 9-5ness of it and being bound by "work hours".

Any advice?

OP posts:
Emslifechoices · 28/09/2014 11:32

No one got any experience of this? Thought it would be a pretty popular option with mums!

OP posts:
Hoppinggreen · 28/09/2014 20:13

Never heard of it, sorry

dogrilla · 29/09/2014 12:30

The trouble with not being bound by work hours is that workload becomes very uneven - especially when juggling a few things at once. I have a portfolio-ish career and last month barely slept or spoke to DH as I had so much to do from every corner. The month before I had a total of two days work, and spent it in a panic that I would never work again.

Portfolio career sounds great but can drive you to the edge of insanity if the work isn't regular, especially when combined with family life.

fancyanotherfez · 29/09/2014 12:39

The thing about not being bound by work hours when you have children is that if you work regular hours, you can put the required childcare in place. I've recently started doing freelance stuff and have had to call in favours to cover before and after school.

Emslifechoices · 29/09/2014 14:39

Thanks for your responses. I can see that this would be an issue! I wonder if two part time jobs would work.

The uncertainty would be difficult to manage I'm sure. The appeal is trying to find a job that means having time outside school hours to spend with family.

OP posts:
OfflineFor40Years · 29/09/2014 22:51

I do 2 part time jobs and fit freelance work in the rest of the time.

The benefits are having a steady stream of income as well as the freelance jobs, having two workplaces and so lots of colleagues which balances out my solitary working from home, fitting in freelance work around school and a real variety of work (though all in the same overall field).

The cons are having to be very organised and disciplined about not letting one job seep into another, having to work in the evening if the freelance stuff gets busy and it being faintly stressful to keep 3 very different jobs in my head.

TalkinPeace · 30/09/2014 15:30

I have one job that pays me 4 hours a week but my hours flex across the year
I am DH's company secretary for which I get dividends
I run my own company from which I draw salary and dividends - it has 60 live clients

thats a portfolio
but its not a career as I make it fit around my yoga and swimming habits Wink

museumum · 30/09/2014 15:36

I guess I have one. I don't call it that, I call myself a freelancer / consultant. I'm not entirely sure what the difference is between a 'portfolio career' and just being plain self-employed??

I do have a few jobs that are ongoing a few hours every week and a few that come up every year (e.g. I teach a university post-graduate course for one term a year, I organise an annual conference) and in between I do project work.
In theory it will be good for when DS goes to school as I hope to work school hours. For now, I do three days a week with DS in nursery.
It does work... but you come up against "the curse of the self-employed" which means you're not bound by work hours with one employer but you are bound to deadlines for multiple clients and also the 'feast or famine' nature of self-employed work. I know that when I try to switch to school hours I will often have to 'finish off' after dinner time once dh is home or even after ds is in bed sometimes.

WaitingForMe · 30/09/2014 16:31

DH and I do. Right now he's on an 18 month office contract which means we're pretty stable and I can do some pro bono work for a charity.

I think it's a mentality. I have a DS and two stepkids who I do some school runs etc for. I have far too many commitments for a job. I also couldn't go back to the money.

It does mean I sometimes have to get up at 5.30 to get 90 minutes of work done before DS wakes up but that monthly project pays £100. I was on less than £8 per hour in my last job.

I'm technically a copywriter but have been an assistant gardener (one if DHs projects) and have run business workshops.

Bramshott · 30/09/2014 16:38

I am a freelancer with several (regular) clients, but I guess what they mean by a portfolio career is when you do radically different things for different people - eg. combine working as a yoga teacher and an accountant.

What do you do currently OP? There are lots of benefits to freelance working of course (eg. flexibility), but also plenty of downsides (eg. financial insecurity).

Emslifechoices · 30/09/2014 22:32

Thanks for all your messages.

Bramshott - I'm a solicitor and I loathe it! Desperately seeking an alternative.

OP posts:
CambridgeBlue · 02/10/2014 13:43

I do this I suppose - I freelance from home 3 days a week for 1 client, do some other freelancing and also run my own online business. It sounds ideal but I'm actually considering jacking it all in and going back to the 9 - 5 that you want to leave!

The problem with working from home is that you are never away from it, I work much longer hours than I would in an office and while the flexibility is nice (and was invaluable when my DD was younger) I am sick of client emails/texts on evenings/weekends, work from one area spilling over into another and constantly trying to juggle everything. I'm also paid erratically and I have to have an accountant to sort out my tax affairs because they are so complicated and I'm crap with figures.

No idea if the job I am considering will come about but at the moment some regular hours and money are sounding pretty appealing.

NEScribe · 03/10/2014 16:08

I have three different sets of work but when dd was younger I had five and sometimes rang people and then realised in a panic that I cdnt remember who I was supposed to be that day - and as others have said the feast/famine thing is a constant problem.
(I have always found I get more work during school summer hols, at xmas etc when companies are struggling due to staff hols - which was the original reason for giving up a FT job - so I could work to suit but sadly didn't work out that way :(

venusandmars · 13/10/2014 20:19

When Charles Handy first talked about portfolio careers it was about something beyond the scope of traditional self employment - something more dynamic - fulfilling all the different needs of the worker and utilising their skills to the max. So doing one day of (the same type of) work for five different people each week isn't really a portfolio career.

My first 'portfolio' was changing from full time job to part-time (in the same role) and adding in a non-exec role in a different sector, plus some free-lance lecturing. So something stable generating a base income, supplemented by non-exec fee, and by variable income from lecturing.

Now I am self employed with a couple of regular clients (6-8 days per month), a variable and seasonal role in an entirely different field, and a long-term writing project.

For me the great thing about a portfolio has been the flexibility - each part can change and grow and develop (or stop) at its own pace. I can follow my instincts and dreams, but without risking my whole income - I'm a bit like a 3-legged caterpillar, with 2 legs always stable on the ground Grin It also meant that when the recession hit, it only really affected one portion of my portfolio, rather than wrecking my whole world.

I love it, but it used to drive my Mum and Dad mad - they never knew what I'd be doing next and had no idea what to tell people when they asked what I did Smile

Reawakeningambition · 17/10/2014 18:20

Yes, I do. Love it but it's weird!

Happy to chat if you are still around OP.

SoftKittyWarmKitty · 17/10/2014 23:02

I'm interested, Reawakening. What is it you do, please?

Reawakeningambition · 18/10/2014 09:29

Legal consultancy and novel musical pedagogies.
One pays, has status and is satisfying. The other makes a difference and feeds the soul.
My main issue is having to use two names-one for each job - because the legal job is quite "male" and some of them wouldn't take me seriously if they knew I also worked in a primary school. The irony of that is that I work with inventors and have only come to understand them since starting the music.
You?

SoftKittyWarmKitty · 18/10/2014 18:22

Thanks Reawakening. I work in advertising/marketing (employed) but am currently looking into other options as I'm not happy where I am. I'd love to work for myself and wouldn't mind my income coming from more than one source in a portfolio-style career, in fact I think it's the ideal way forward. Just need to work out what it is I want to do. That's the hard part.

Reawakeningambition · 18/10/2014 19:24

Yes. What kind of things have you thought about?
Do you do 5 days at present?

SoftKittyWarmKitty · 18/10/2014 20:01

I've thought about a variety of things, some connected to my current experience, some not. Marketing for SME's, Virtual Assistant, Copywriting, are the most related to my current role, however I've even considered setting up a cleaning business! The thing I keep returning to is life coaching - I'd love to retrain as a Life Coach specialising in health, fitness and well being, because that's a big passion of mine. However, I can't afford the life coach training course, nor am I sure I'd make money doing it. As a lone parent, I'm the only earner in the household so have to bring in enough money to live.

It's overwhelming tbh, and that's causing a blockage. Analysis paralysis. I'm not sure where to go from here.

SoftKittyWarmKitty · 18/10/2014 20:04

Oh, and I currently work 3 days a week.

Reawakeningambition · 19/10/2014 10:13

What do you do in those other two days? How old are the kids?

Emslifechoices · 19/10/2014 10:31

Hi all - thanks for restarting this thread!

Reawakening - I'm intrigued by legal consultancy can you tell me more about that?

OP posts:
SoftKittyWarmKitty · 19/10/2014 15:01

On the two weekdays I don't go to the office I do the housework, food shopping, go running, read, sort the house out (currently doing a big declutter), do chores/appointments such as denist/post office, check on my parents (one has heart problems, one has Alzheimer's) and once in a blue moon I'll meet up with a SAHM friend for a cuppa.

I have time to fit additional work in, I just don't know what I want to do (or where to start, if I'm honest). I feel stagnant. DS is 8.

Reawakeningambition · 19/10/2014 16:35

You're in a good position Kitty, you already know you want to do Life Coaching.

Why do you feel you need to do a course in it? A lack of expertise?

How about being a careers coach for those entering advertising/marketing (somehow you have to stay far enough away from your employers not to be outed). A brief stint in recruitment consultancy two days a week? On a commission-only basis?

Linking your current expertise to the expertise you want to have is often helpful. That has taken me a long time but I do now have an integrated CV. Only trouble is that there are precious few people I could show it to who wouldn't think it bonkers.

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