Purpose. Passion. Paycheck. (Plus a book giveaway.)

Encore Career HandbookI first encountered the remarkable Judy Cockerton when she spoke at Harvard Law School, where I was working at the time. Her topic was Treehouse, the innovative community she founded in Easthampton, Mass., where families adopting kids from foster care live side by side in a neighborhood setting with people over 55 who serve as honorary grandparents.

My first thought: “This is terrific! I want to work with her.” (Which, years later, I did, taking on several small projects as a volunteer. I also wrote this.)

That reaction has been widespread—and this year Judy (now my friend), was one of five people to receive the $100,000 Purpose Prize for 2012, an award for social entrepreneurs over the age of 60. For me, as for so many others, her vision, commitment, and determination to “reinvent foster care” are ongoing inspirations, and I’m thrilled that she’s getting the recognition she so deserves.

But if Judy is unique—and she most certainly is—her broader aspirations are not. Behind the high-profile Purpose Prize is a larger trend, as growing numbers of baby boomers seek work that is both personally meaningful and serves a larger good. Promoting this trend is the goal of Encore.org, the nonprofit that awards the Purpose Prize, and the topic of an endlessly useful new book by Encore.org Vice President (and former New York Times columnist) Marci Alboher.

Marci Alboher

Marci Alboher

Being something of an encore careerist myself—as well as a fan of Marci’s previous book on “slash” careers that combine two vocations—I couldn’t wait to get my hands The Encore Career Handbook: How To Make a Living and a Difference in the Second Half of Life, out just this month. I wasn’t disappointed.

First and foremost, the book is jam-packed with excellent practical guidance. Here are three big-picture suggestions that especially resonated with me:

Get comfortable with uncertainty:  Uncertainty is part of any transition—and moving into an Encore career is a transition. The good news is you’ve likely already had some experience, transitions being a hallmark of life in Plan B Nation. I think about this a lot (as you know if you read this blog). I’ve written about transitions here. And here and here and here.

Get connected:  In the end, it’s all about the people you know—and those you meet. If you’re lucky, you (like me) will find this a lot of fun. Marci suggests a number of specific ways to engage your friends and others in the encore career change process. Strategies include using others as a sounding board (akin to the idea of having a personal board of directors), working with career coaches, joining a group or taking a class, volunteering as a way to try on a job or sector, and building vibrant networks (both virtual and real-life). I’ve long been a big believer in always erring in favor of connection, and there are some great ideas here about how to go about that.

Get a handle on your finances: An encore career search means seeking “purpose, passion, and a paycheck,” as Marci puts it. But exactly what that paycheck needs to look like will depend on your situation. Encore careers often—though not always—pay less than the jobs they follow. What kind of trade-offs are you willing to make? What is your risk tolerance? Can you think of creative ways to bring in extra cash or, conversely, to reduce expenses? (The book offers many suggestions.)

There is also lots of excellent nuts-and-bolts stuff: How to go about preparing encore career resumes and cover letters (along with samples), extensive resource and reading lists, basic business planning guidance, and an appendix of promising encore jobs.

Once you start paying attention, encore careers are everywhere. In my own office at Harvard School of Public Health, my colleague Patti came out of the world of hedge funds. “I didn’t want to die having only been a banker,” she said wryly over a recent lunch. My colleague Chris, like me, spent time in corporate law.

That said, encore careers often don’t come easy, even for those with excellent credentials willing to take a pay cut. In his searingly honest Diary of a Company Man: Losing a Job, Finding a Life, former Time Warner executive James Kunen describes his uncertain path to ultimately fulfilling work teaching English as a second language. “Everyone loves doing something—I love reading at the beach—but not everybody loves doing something that you can get paid for,” he reflects at one point. Closer to home, my friend Kenny—whom I met when I interviewed him for a Psychology Today piece on career choices—had a hard time finding public school teaching work after completing Teach for America training in his 50s.

But just because something is hard doesn’t mean it’s impossible—or that it’s the wrong thing to do. And thanks to Marci Alboher’s excellent book, it’s now easier than it was.

Want to win a copy of The Encore Career Handbook? Thanks to Workman Publishing, I have two to give away. Tweet a link to this story with the hashtag #encorebookwin. I’ll pick the winners next weekend.

© 2013 – 2014, amy gutman. All rights reserved.

4 thoughts on “Purpose. Passion. Paycheck. (Plus a book giveaway.)

  1. Inspiring post! This week I took my first baby step toward my next career, which I hope will be something (don’t know exactly what) working with horses. I just volonteered at a horse rescue! I will definitely read this book.
    Lisa recently posted…Walk, MemoryMy Profile

    • Wow, horses! I had no idea–how very cool. Will look forward to hearing more about it. And the book is excellent — I think you’ll find it helpful in thinking ahead to the next chapter.
      amy gutman recently posted…Follow Your Heart 2.0My Profile

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