Skip to main content
Youtube

Money & the World

Pivot plan: Four tips for launching your career second act

A B.C.-based career coach shares some concrete tips for navigating a successful career transition.

Wealthsimple makes powerful financial tools to help you grow and manage your money. Learn more

Let’s say that your lifelong dream of becoming an ornamental-grass lawn-care influencer isn’t panning out, or maybe Fort McMurray wasn’t, in fact, the ideal place to launch your touring Shakespeare company. Or perhaps, more plausibly, you’re worried that your job is vulnerable to AI. Whatever the motivation, you need to pivot careers, posthaste. Studies suggest that a well-considered switch, even one that means a temporary pay cut, can dramatically improve both your earnings and job satisfaction long term. The hitch is knowing how to pull off a smart pivot. We asked Charina Cruz, a career coach in Vancouver, to share some concrete tips for navigating a successful career transition.

Figure out what you’re actually good at

A good pivot is based on skills from your actual life. If you spent summers coaching Little League baseball and loved it, that’s great supporting data that you’d make a great teacher. On the flip side, if you want to be the next MrBeast but you’ve never even considered locking five people in a freight container for four months (much less paying them to do it and filming the whole thing), then you might reconsider.

Make yourself an irresistible hire

Your Excel wizardry probably won’t move you to the top of the pile when you’re applying to be a stevedore. (The beanie helps.) Supplement your experience with courses, volunteer work, and passion projects. If you don’t know where to begin, try a class from Udemy, Coursera, or even LinkedIn Learning. But fair warning: switching your function/role and your industry at the same time can be tough. Consider doing it in two steps: first change functions at your current employer, then, once you’ve mastered new skills, carry them to a different industry.

Network, network, and, uh, network

Nearly half of job-seekers report getting hired thanks to personal connections. If you have none in your new field, join industry associations, reach out to possible mentors, and attend meetups. This is your ticket in (and sometimes you get free snacks). “Despite all the internet stuff, we still live in a world where employers want referrals,” Cruz says.

Just get started

Do a few small things each week that inch you ahead, whether that’s updating your résumé or showing up to an industry cocktail hour. Once you’re in motion, treat your career like a living thing that needs maintenance: periodically check in on connections, work on résumé-boosting side projects, etc. Landing a new job is a short-term goal, but building a sturdy career is a long-term project.

Dan Xin Huang is an independent journalist and former Wall Street Journal reporter.

Related articles

Money & the World

Bonds built the modern world. Now they’re spooking investors

A conversation with Robin Wigglesworth, author of “A Fabulous Debt: The Epic Story of How Bonds Built the Modern World”

Money & the World

Tiny(ish!) Tweaks To Help Canadian Cities Flourish

Big cities, big problems — Canadians know this all too well. So we went around the world in search of little ways to make urban life more liveable.

Money & the World

How It Feels to Vaporize $276,000

We spoke to a young trader whose fortunes soared — then quickly reversed — during one of 2026’s biggest market stories: the Korean chip-stock bonanza.

Money & the World

What Goes Bump In the Night? Stock Prices

Here’s a mystery: stock prices creep up while you sleep — but why? Here, we look into the mystery of overnight drift, and two other market conspiracies.

Money & the World

This Estate Lawyer Has Seen It All. His 5 Tips for Dying Without Money Drama

How to avoid a Knives Out–style fight.

Money & the World

Avoiding AI Will Not Help You in the Long Run

At least that’s the view of one Silicon Valley insider who has a long track record of being right about such things.

Money & the World

The World Cup Will Be a Party for Canada — But Not a Cash Cow

Why the tournament is a mixed bag for host cities.

Money & the World

Canada’s Hottest Job Market? Taking Care of Old People

The number of health-care jobs in Canada has swelled in recent decades. What does that tell us about the economy?

Money & the World

The Sandwich Generation Is Getting Smushed

Middle age has long been a pricey phase of life. Now, thanks to the rising costs of child and parental care, it’s breaking budgets — and revealing a lot about Canada

Money & the World

TVs Are Dirt Cheap. Food Is Super Expensive. Why?

A consumer mystery explained.

Money & the World

The Ten Words That Defined This Topsy-turvy Year in Money

Holy cow! So. Much. Happened. In. 2025. We compiled a list of words and terms to help you catch up on all things money-related you might have missed.

Money & the World

The Most Compelling, Surprising, and Delightful Ideas of 2025

A cheat sheet to the year’s best and boldest thinking in finance, tech, and beyond.

Wealthsimple

Grow your money

Smart investing tools and personalized advice designed to build long term wealth.

Get started