Tuesday, April 11, 2006

Your second parallel career

No matter how you define a career (based on skills, professional status, earnings, hierarchical level, etc.), we all agree that a career must generate income.

I believe that soon, everybody (especially knowledge workers) will have a second parallel career, in addition to the one they currently have.

Explanation: In the old economy, you earn a paycheck by working, and most people work by showing up at the office or the plant or the store. You had to be there in person to be able to perform the work (and make money).

In today's knowledge economy, you have a new, powerful career ally: your intellectual capital.

If you could capture your most valuable knowledge, and share it on a blog or podcasting site, then you have basically created a second career from which you could make extra money.

Most professionals who make at least $40,000 a year, have valuable knowledge in their head (called "tacit" knowledge). The challenge will be to convert that tacit knowledge into explicit knowledge that can be sold for a profit or traded or even given away for self-promotional purposes.