What do you do if your career takes a major hit?

1 Assess Reality

When your career takes an unexpected downturn, the first step is to take stock of the situation. Assess the extent of the impact and what it means for your future. This might involve looking at your financial reserves, understanding the industry trends, and recognizing your current skill set. It's important to be realistic and not let emotions cloud your judgment. An accurate assessment will provide a solid foundation for your next steps and help you communicate your situation effectively to any potential supporters or new employers.

3 Update Skills

In the face of a career setback, updating your skill set is crucial. This could mean taking new courses, attending workshops, or even pursuing further education. The aim is to make yourself more marketable and to close any gaps that may have contributed to your career hit. Communicate your commitment to growth and learning in any interactions with potential employers or networks. Your proactive approach to skill development can demonstrate resilience and adaptability—qualities highly valued in any professional setting.

4 Explore Options

With a fresh perspective on your skills and the industry, it's time to explore new career options. This might involve shifting to a different industry, starting your own business, or even turning a hobby into a career. Use your communication skills to network, set up informational interviews, and learn about different fields. Convey your enthusiasm for new opportunities and be open to where they might lead, even if they're outside your previous experience.

5 Rebrand Yourself

As you explore new paths, consider rebranding yourself to align with your new direction. This involves updating your resume, LinkedIn profile, and other professional materials to reflect your updated skills and career goals. Communicate your new brand through a consistent message across all platforms and interactions. Highlight how your past experiences have prepared you for this new phase in your career, showcasing your adaptability and resilience.

6 Move Forward

Finally, it's time to put your plan into action and move forward. Apply for jobs, start that business plan, or begin freelancing—whatever path you've chosen. As you communicate with potential employers or clients, focus on the value you bring and the lessons you've learned from past experiences. Your career hit doesn't define you; it's how you respond and grow from it that will shape your professional identity going forward.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?