• John Tarnoff, How to Recreate Your Career After 50

  • Dec 3 2024
  • Length: 1 hr and 1 min
  • Podcast

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  • Summary

  • Key TakeawaysCareer reinvention is increasingly necessary due to longer lifespans, changing job markets, and ageismSuccess in later-career transitions requires self-knowledge, persistence, and leveraging one's "superpower" skills/experienceNetworking and thought leadership are crucial for accessing the "hidden job market" where 80% of hiring occursOlder professionals have advantages like neuroplasticity, "just thinking" problem-solving, and empathy from life experienceTopicsJohn Tarnoff's Background30+ year career as entertainment industry executive and film producerTransitioned to career coaching in 2012 after a TEDx talk on transformationNow focuses on helping mid-career professionals (45-55+) navigate career changesChallenges for Older WorkersAgeism and bias in hiring practices, especially for those 60+Difficulty recovering from job loss/layoffs as companies reorganizeNeed to work longer due to increased longevity and reduced retirement savingsErosion of traditional career paths - average job tenure now only 3-5 yearsKeys to Successful ReinventionSelf-reflection to identify one's "superpower" - unique skills, experience, valuesReconciling past failures/regrets to move forward without baggagePersistence and opportunism when pursuing new directionsMaintaining curiosity and a growth mindset to continue learningFocusing on being "useful" rather than chasing a dream jobEffective Job Search StrategiesBuild robust LinkedIn profile articulating your value propositionNetwork to build a community of shared professional interestsEngage in thought leadership by sharing expertise and insightsTarget the "hidden job market" of referral-based hiring (80% of jobs)Spend time daily/weekly on networking and community-buildingAdvantages of Age and ExperienceNeuroplasticity allows continued learning and growth"Just thinking" - intuitive problem-solving from years of experienceIncreased empathy and wisdom from life experiencesPotentially greater risk tolerance due to life/career accomplishmentsHigher success rates for older entrepreneurs vs youngerLeadership PhilosophyServant leadership and "leading from behind" are most effectiveListening is the essence of good leadershipFocus on supporting and developing team members
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