Finding Freedom and Purpose by Living a Portfolio Life
Portfolio life is a term coined by the business guru Charles Handy in his book "The Age of Unreason" in 1989. Mr.Handy explained the concept as "a portfolio of activities - some we do for money, some for interest, some for pleasure, some for a cause. Living a Portfolio Life means you have multiple interests and can apply them in a variety of fields and contexts. When Charles Handy first coined the phrase “portfolio worker” in 1989, he predicted we’d have careers that would be made up of multiple jobs every 5 to 10 years in the future. In fact, Forbes has predicted by 2030, over half of the American workforce will be freelance.We are going to learn a bit about what living a portfolio lifestyle is and why this is becoming more popular for people in their third chapter of life which is defined by the period of 45-75 years old.We are going to do a spotlight on a new venture called Magnet Labs (magnet-labs.com) which was cofounded by Christine Zmuda, Ganesh Shenbagaraman, and Alex Arbter. We will understand more about why this business was founded and it's mission. All three of the co-founders are living a "Portfolio Life" by having multiple interests and professional pursuits. This real-life example will give you a feel for the concept.We will provide you with some guidance if you also want to embark on starting a portfolio life.To Explore if a Portfolio life is right for you:Think about whether this is really for you -Living a portfolio lifestyle can offer people the chance to lead a more fulfilling life as they can pursue interests otherwise squeezed out by a more conventional career. You don't have to be professionally "one thing". This is another way to build purpose, increase connection, and keep us growing and learning in our third chapter of life. Another benefit is you have multiple streams of income which reduces the dependency on one employer for income. You have to be actively networking and be comfortable on self-promotion. There are many people who may enjoy a certain type of job or pursuit but uncomfortable with the marketing and sales aspect of it. For more information:If you think this is a path to explore for yourself- start with your interests. Evaluate can you start this portfolio lifestyle while you are still employed. Read your companies policy on moonlighting. Consider Reading the book The Multi-Hyphen Life: Work Less, Create More, and Design a Life That Works for You by Emma Gannon which is a good guide to thinking and enacting a plan around "Portfolio lifestyles" and another great resource is Christina Wallace's book 'The Portfolio Life'. Magnet-Labs is differentiated research and learning experience company which aims to make the workplace a better place. This firm has launched a global research survey and encourage all to participate at https://lnkd.in/grAgJVUP . Please help the team by completing the 5 minute survey. If you would like to stay in touch on future updates, please subscribe to the Magnet Labs Newsletter at https://magnet-labs.coms launched a global research survey and encourage all to participate at https://lnkd.in/grAgJVUP . If you would like more information, please subscribe to the Magnet Labs Newsletter at https://magnet-labs.com