Alternate Career Paths

Alternative Career Paths

Exploring different options is vital to eventually finding the perfect role for yourself, so don’t be afraid to pluck up the courage to play the field when it comes to your career.

Have you ever wondered if there are other career options you can explore? Although overseas exposure is still somewhat viable, keep in mind that many countries aren’t able to accept many travellers as of now. Alternatively, they may request that you commit to a certain period of time in quarantine.

So, how about being your own boss? If that appeals to you, you have the opportunity to plan your own work schedule and pick only the work you want to do.

Transitioning to the working world can be stressful, but even as you navigate your way, remember that it’s all right to break the mould and explore other options that may better fit you and your aspirations. Here are some alternative pathways you can keep in mind.

Working overseas

If you can’t find anything that suits you in the local job market, there’s no harm in turning your gaze to opportunities abroad, even during this time. On top of that, graduates with a good command of English are highly sought-after on the international market.

Although travelling is rather inconvenient now with vaccination requirements and quarantine, there are plenty of English-speaking countries and international companies in non-English speaking nations to choose from. Your options are unlimited!

Why you should go for it

• You can pick up and hone skills that are useful and increasingly valued in today’s globalised world, such as an international outlook and adaptability • You’ll have the opportunity to meet and work with people from diverse backgrounds and develop an international professional network, something which will come in handy the further you progress in your career

What you should consider

Location: It’s vital that you consider the country you’ll be moving to. Are they accepting foreign travel at the moment? What are their vaccination requirements? What are their procedures when you land? Think about the distance from home too. While this may break the deal for some – especially if you plan to shuttle home often over the duration of your employment – others may actually want the distance.

Another aspect you should reflect on is the country’s culture. No matter where you decide to go, there will be different cultures and business practices. The good thing, however, is that this can help you develop openmindedness and the ability to adapt to diverse environments – traits you can bring up and talk about with your future employers in job interviews. Visa/work permits: Make sure to ask prospective employers if they provide the necessary visas or permits you need to legally work in the country they’re located in.

As a prospective expatriate, you’ll find immigration procedures to be a taxing and complex process, so it’s important to find out if employers are at least able to give you the support and guidance you’ll need to get through. Cost of living: Living costs vary from country to country, so it’s important that you conduct thorough research on day-to-day expenses such as food, transport, accommodation and utilities.

But keep in mind that exchange rates also fluctuate, particularly if you’ll be transferring money regularly across countries. Consider these factors and assess if your pay would be able to sustain such costs.

Be your own boss

Although it’s common for graduates to work in an industry for a few years before striking out on their own, you can think about starting your own company while you’re still in school if you have something workable.

If you need advice and funding, SPRING Singapore’s entrepreneurship page is a good place to begin. There are also other useful links to organisations like the Action Community for Entrepreneurship (ACE).

Why you should go for it

• You’ll have the freedom and flexibility to work at your own pace • You’ll be able to pick up and hone essential business skills, much like bookkeeping, collecting debts, marketing and filing tax returns

What you should consider

Risks: All entrepreneurs face the same risks with uncertain market conditions and financial struggles, especially when working within tight budgets. As a result, a lack of funds and market volatility can make it difficult for a business to run smoothly and effectively.

This drives home the importance of having a good and effective business plan, and conducting thorough research before taking the plunge to becoming an entrepreneur. Attitude: Resilience and determination are two of the most important qualities you’ll need in the face of building your business.

If you don’t have the attitude to remain upbeat and positive throughout, this may not be the path for you. Network: Before you choose to walk down this career path, it’s a good idea to understand the level of commitment needed.

One way to gauge this is to get in touch with other entrepreneurs, whether they’ve succeeded or failed. Their experience and advice will give you valuable insights and context into your endeavour to become a successful business owner.