Dorie Clark has a certain swagger and optimism that resonates with me whenever I have the chance to speak to her. She makes me want to go do something.
And now Clark, who teaches executive education at Duke Universityâs Fuqua School of Business, has a new book âThe Long Game: How to Be a Long-Term Thinker in a Short-Term World,â which may spur you to put the pedal to the metal, too.
In her book, she writes about her own journey to becoming an entrepreneur. âI just didnât know where to start. I had plenty of skills: Iâd been a reporter and a political campaign operative; I could write and speak wellâŠbut the rest of entrepreneurship was a black box. So I decided to learn.â
Read: 3 questions to answer before you make a career change
For a full year, she committed to studying while still working a full-time job as an executive director of a bicycling advocacy nonprofit. On Saturdays, she took courses at the local adult education center on topics like writing a business plan, designing better PowerPoint slides, and basic bookkeeping. She became a regular at her local library, checking out business bestsellers from Michael Gerberâs âThe E- Myth,â Keith Ferrazziâs âNever Eat Aloneâ to Jim Collinsâs âGood to Great.â
âI knew I had to immerse myself in learning before I built my business, because if I didnât, who would take me seriously? That wasnât a lack of self- esteemâit was a fact,â she writes. âI didnât have an M.B.A. or a Ph.D. in business; I had never even worked in a corporation. I was a philosophy major as an undergrad and had a graduate degree in theology.â
âPart of playing the long game is understanding that you canât always immediately jump into the ring. Moving slow may feel like wasting time,â Clark writes. âBut every moment you spend understanding the nature of the game, and how it works, makes you stronger once you do get in.â
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She emphasizes the importance of a network of supporters you can learn from to making a career shift. âIt could be meetups or professional associations or industry conferences,â she writes. âThere are plenty of ways to do it. But if youâre hoping to establish yourself in a given field, making an effort to get to know that world is key.â
âYouâll be in the dark when it comes to pricing or other sensitive topics (because strangers donât disclose thatâonly friends and close colleagues do), Clark continues. âAnd you wonât get the opportunities youâd otherwise qualify for (because you need someone to suggest you, but youâre not on anyoneâs radar). Taking the time to connect with others and immerse yourself in new communities can be a powerful way to set yourself up for success.â
In my personal research for my books and columns, Iâve been struck by the fact that midlife entrepreneurs and career pivoters often create a series of acts when they push out of their initial linear career path. When I returned a few years later to visit the career pivoters I profiled in my book âWhatâs Next?,â for example, more than a third had moved on to other ventures. They had sold their businesses or added a newer one, starting over once again with gusto.
Thatâs why this nugget from Clarkâs book rang true to me: âThe most successful people enjoy their success, then recognize: itâs time to move on and learn something new,â she writes. âPlaying the long game means understanding where you are in the game and ensure that you donât stop and donât stagnate. Thatâs how you win. Donât stop learning. Soon, itâll be time to start the cycle over again.â
Dorie Clarkâs advice for older career switchers
I thoroughly enjoyed reading Clarkâs new book, and I suspect you will, but I wanted a little more, so I asked Clark to share her advice with me (and you) specifically for workers over 50 and midlife entrepreneurs, starting a second act. Here you go:
Calibrate your comparisons. Itâs easy to get frustrated when progress doesnât come as fast as we want it to. Especially if youâre comparing yourself to colleagues who have spent years in the profession youâre now entering, it may feel like youâre incredibly far behind.
Itâs important to calibrate your comparisons. They may have more experience or connections in your new field, but you havenât wasted the years you spent on other things â youâve been cultivating knowledge and experience they donât have. You have advantages, too, and itâs important to remember that.
Extend your runway. One of the best ways to take pressure off when youâre making a career change or launching an entrepreneurial venture is to âextend your runwayâ and explore it part-time until you get a clearer sense of âproduct/market fitâ â i.e., what customers will actually pay for. The more time you give yourself, the easier it is to replace your current income level and make a transition without experiencing a drop-off in quality of life, or incurring unnecessary risk.
Look for the raindrops. It can take a while for an entrepreneurial venture or a new career direction to get off the ground. In the period before itâs clear that youâve succeeded, it can often feel like a dark tunnel â are you making progress at all? How much longer? It can be a frustrating and discomfiting time â and thatâs when so many people quit prematurely. Instead, I suggest âlooking for the raindrops,â meaning to make a conscious effort to identify small signs of progress, so you can both celebrate them and validate that youâre on the right track. They might seem insignificant (âBig deal, five people signed up for my newsletter todayâ). But when youâre just getting started, having five more people who are interested today, as compared with zero last week, actually is a big deal â and a small piece of evidence that your message is starting to resonate.
Kerry Hannon is a leading expert and strategist on work and jobs, entrepreneurship, personal finance and etirement. Kerry is the author of more than a dozen books, including Great Pajama Jobs: Your Complete Guide to Working From Home, Never Too Old To Get Rich: The Entrepreneurs Guide To Starting a Business Mid-Life, Great Jobs for Everyone 50+, and Money Confidence. Follow her on Twitter @kerryhannon.
This post was originally published on Market Watch

