Executive Career Change: How to Transfer Your Valuable Skill Set

Are you yearning for more than a high-ranking position? Do you want to find an inspiring role that provides job satisfaction and a sense of accomplishment? It’s never too late to embark on a new career journey. Navigate your executive career change by learning how to transfer your valuable skill set and smoothly transition to a more fulfilling and lucrative career.

Only 23% of workers feel “involved in and enthusiastic” about their jobs, according to Gallup. Lack of job security, stagnant wages, and burnout are only some of the reasons prompting at least 48% of people to look for new opportunities. If you’ve spent your career climbing the corporate ladder in one industry and want to make a change, it can be hard to know how to get started, especially as an executive. We’ve got some expert tips and guidance to help.

What Career Options Match My Skills

Executives possess a wealth of highly transferable skills across industries, including leadership, strategic planning, business acumen, and problem-solving. When considering an executive career change, explore options that align with these transferable skills that offer the lifestyle benefits you may crave. Some of the best executive career change opportunities include:

1. Consultant: You’re an expert in your field. Leverage your experience when you make an executive job change to consulting. As a consultant or fractional executive, you’ll advise businesses on strategy, operations, or leadership. Consulting offers flexibility and diversity. The average market rate for a consultant varies by industry, but it has potential to be a lucrative option.
2. Venture capitalist: Some executives move into roles within venture capital or private equity firms where they use their business experience to help companies grow. It’s a competitive field and can be risky if your company’s investments aren’t successful.
3. Corporate board member: If you want to flex your executive muscle in governance and strategic oversight, serving on a corporate board may be an ideal fit. Corporate board membership is not typically a full-time role and is more appealing for individuals who want to step back from a busy schedule or retire.
4. Entrepreneur: If you're passionate about something or have a strong business idea, starting your own venture can be rewarding. However, keep in mind that launching a business from the ground up involves significant risk and a steep learning curve.
5. Franchisee: This option allows you to operate a business with the backing of an established brand to build a bright future. A Franchise Business Review survey reveals the average franchise owner earns $102,910 per year. Franchises provide a proven business model, making it easier to transition into a new industry without starting from scratch. Your experience with budgeting and financial forecasting is invaluable in franchising. You’ll be able to make informed decisions that enhance profitability and ensure the financial health of your business.

Transform Your Future with Concrete Craft

Are franchises good investments? Yes, if you do your research and pick the right brand. Concrete Craft, the largest decorative concrete franchise in the U.S., is a solid opportunity for executives seeking a career change. The National Association of Homebuilders reports homeowners are investing in high-quality, custom finishes, and our niche decorative concrete meets the demand of today's homeowners.

You don’t need experience in home improvement to succeed as a Concrete Craft franchise owner. You’ll rely on the skills you honed during your executive roles, such as strategic planning and project management, to help your business thrive. We offer extensive training and ongoing support to ensure you’re ready to serve customers. New franchise owners attend more than 93 hours of in-person and virtual training on topics ranging from financial management and business planning to the sales process and marketing. We reinforce our training with proactive coaching, live training webinars, regional meetings, and more.

To help minimize your startup costs, you can operate from a home office. But our low-investment business model is built with an eye toward growth. You can expand into multiple territories or add a showroom to increase sales.

Submit a franchise inquiry form to learn more about the benefits of franchising and connect with a member of our franchise team.