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Video: Small Business in Action Discussion Questions
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Switching Careers
This video can be found on the Student DVD.

Summary: The federal government's data indicate that the average adult will change careers three times during their work life as shown in this BusinessWeek TV segment on your Student DVD. People in their 30's and 40's are most likely to switch careers. These people most often have advanced degrees and therefore, more opportunity. There are several reasons for switching from successful careers. These include seeking higher levels of job satisfaction and job status.

Often times, switching careers involves significant reductions in pay. Two examples are featured in the segment. The first, Nicole, is a mother who returned to College to work on a degree in environmental science. She was formerly a dental hygienist. After the birth of her child, it appears that her "career" was no longer fulfilling. The second example focuses on Jimmy who left the successful law practice. He moved into a substantially different career working in the marketing and sale of real estate projects. While he experienced a 50% reduction in pay, the level of responsibility, interest and challenge are all significantly more rewarding. He couldn't see himself practicing law and litigating for the rest of his adult life. His career change was a "leap of faith." However, he is far more satisfied in his new career. In order to make the transition successful and rewarding, Jimmy tells us that "you have to have confidence in yourself that it will work out."

Discussion Questions
  1. What is organizational culture and how might it have had an impact on Jimmy's decision to leave the successful law practice?
  2. Why did Nicole leave the career that she had gone to school for and return to college to study environmental science?
  3. For both Nicole and Jimmy, what stage of their career would you place them in?







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