When we talk to people we meet on the road, we often hear them say That was a bold move or I’m not that brave, thereby referring to our decision to let go of the financial security of our well-paying careers. People are often afraid to change their lives or even just their jobs, for fear of the unknown – ourselves included (until we took the jump).
When we made the decision to swap our careers for long-term travel, we gave ourselves three years to make it work. What if it didn’t work? What if we had to return to the corporate world after those three years (or at some stage later)? Would a potential employer perceive our lifestyle as an indulgence or would they see value in our experiences? How easy would it be to find fulfilling work in the corporate world on either side of the magic Five-O? Would long-term travel hurt our career prospects?
We imagine these questions would be even more existential for someone with younger children or people older than us.
To help us answer these questions, we searched the Internet for information about the world of tomorrow, and what it means for the workforce in 2020 (and beyond).
How will the world change over the next decade?
According to experts in the field of future studies, we are on the cusp of the Fourth Industrial Revolution where digital, physical and biological systems are becoming more and more entwined. Machine learning, global connectivity, increasing longevity and resource scarcity are expected to significantly alter the way we live, learn, work and interact with each other.
One thing seems certain. Technology will change the types of jobs required in future. This trend started with the First Industrial Revolution, and we have all been exposed to it in one way or another (think of online banking reducing the number of bank branches as an example).
Nobody can predict what jobs will continue to exist and which will disappear as the Fourth Industrial Revolution unfolds. Some even argue that we may see a system shift which will allow us to be free to work rather than having to work to make a living, thanks to concepts such as the Universal Basic Income.
Whichever way we are heading, what seems to be easier to determine are the type of skills required that will enable us to add value and remain relevant in the world of tomorrow. So let’s have a look at those.
What skills are employers likely to look for in future?
The same three skill areas appear across all the research we have done in preparation for this post. These are:
- Our ability to think critically, filter out the noise and drive unique (data-driven) insights to solve complex, multifaceted problems.
- Our ability to think creatively (outside the box) and operate flexibly, and be open and adaptive to change.
- Our ability to communicate and interact effectively to unite and inspire people beyond our own discipline, generation, location or culture.
Interestingly, none of these skills are new or surprising – at least not in the field of our prior work of Management Consulting and Product Management. In these skill areas, humans still trump machines, at least for the foreseeable future.
So, with us having left our respective careers, how do we stack up in the pursuit to add value and remain relevant in the future?
What skills and experiences can you gain from long-term travel?
We have just completed our first year of full-time travel/absence from the corporate world/running our own start-up business. As mentioned in a recent guest post for This Tiny Blue House, this past year has been tremendous for our personal and professional growth. Why?
Firstly, our lifestyle change enabled us to slow down:
- We no longer have to rush around and squeeze as much as possible into a few weeks of an annual vacation. We have time to explore, to learn, to absorb, to think and reflect. We have time to talk to people, to ask questions and listen.
- We have become more self-conscious and in-tune with our environment. We have become better Spanish speakers. Our knowledge of and appreciation for world history have grown exponentially, and we are more curious and inquisitive than ever.
Secondly, living among locals, being able to spend time with them and speak their language has enabled us to make meaningful connections with people from different cultural backgrounds and walks of life.
We have become more tolerant and less biased/judgmental people. Our travels, the countries we visit and the people we meet all provide perspective, make us appreciate how lucky we are, and encourage us to be better and make a difference.
Thirdly, we operate outside of our comfort zone every single day, as every country and indeed every location we find ourselves in is different. Our eyes are wide open, and we are very alert to our surroundings. The diversity and challenges we encounter during our travels have taught us patience, and have made us more adaptive and resilient problem solvers.
Long-term travel takes a certain type of person […]. You need to be independent, […] you need to be flexible, and you need to be able to deal with constant change – Nomadic Matt
Contrary to the myth of digital nomad life that some try to portray, we don’t laze by the beach sipping cocktails all day long. Similarly, this past year was not an extended holiday.
We may live in and explore different locations around the world but we actually work… every day, including on weekends. It just doesn’t feel like work to us as we enjoy what we do wholeheartedly.
We may have left our corporate careers, but we continue to use our existing skillsets on a daily basis. Given we are running a business together, we have split key roles according to our individual strengths and areas of expertise:
- Sandra combines the roles of Chief Executive Officer, Chief Strategist, Chief Financial Officer and Chief Editor;
- Paul is our Chief Technology Officer, Chief Operating Officer and Chief Marketing Officer.
As we develop our business, we learn new skills (often the hard way): Copy-writing, SEO, Web design, Video editing, Online and Affiliate Marketing – to name just a few.
We are broadening our networks to engage with and learn from fellow minimalists, travel and lifestyle bloggers, and online entrepreneurs.
We are exposed to tourism services – whether accommodation, transport or activities – on a daily basis. This not only enables us to appreciate what good service looks like and to challenge bad service but to learn the dos and don’ts for our own future business endeavours (for example, if we were to run a short-term rental accommodation).
What could be (perceived as) a hindrance?
One of the key challenges for future employment would likely be our age. We don’t kid ourselves. Though with an ageing population and continued skill scarcity (especially in countries like Australia and New Zealand), we believe there will be opportunities for people of all ages.
Research now tells us that what makes a group truly intelligent and innovative is the combination of different ages, skills, disciplines, and working and thinking styles that members bring to the table – Institute for the Future / University of Phoenix Research Institute
On the flip side, our willingness to return to corporate life as we know it would be a big question mark (for ourselves). We have experienced an alternative. While it’s only been a year, we have gained from it so much already that it would be hard to give up and (near) impossible to step back into old habits.
A return to corporate life would certainly look very different from our life before we embarked on this journey. We are free to work and contribute to society in a way that is truly aligned with our values. If we had to return to Corporate Land, we would, therefore, be looking for roles that are closely aligned with our values, and our employer selection would be a holistic one: with our salaries less of a driver and true work/life balance, a supportive and inclusive corporate culture, and an industry we are happy to support playing a much greater role.
How easy will it be to return to a corporate career after long-term travel?
Comparing our skills and experiences (gained both during our corporate careers and as entrepreneurs who travel full-time) with those required to remain relevant in the Fourth Industrial Revolution, we strongly believe that our chances are actually pretty good, especially when it comes to employers that truly value diversity. We believe that the right employer
- will appreciate that we have taken calculated risks to grow as individuals; and
- built a business with the intent to contribute to our community in a more meaningful way; and
see this as a point of difference to other candidates.
While it will always come down to how one presents a career choice in resumes and interviews, we believe WE (as a community of full-time travellers, entrepreneurs or risk-takers of any other kind) have a lot to offer to a future employer.
If you are interested in further information about the world of tomorrow and implications for the workforce of the future, here is some of the most insightful and thought-provoking material we have come across during our research:
- World Economic Forum: The Fourth Industrial Revolution – What it means, how to respond
- World Economic Forum: The Fourth Industrial Revolution (Video)
- Institute for the Future/University of Phoenix Research Institute: Future Work Skills 2020
- Michael Lai: Four Key Skills to Lead the Future (TEDx Video)
- Rudy Karsan: How the future of work is not “Jobs” (TEDx Video)
Feature photo by Ryan Tang on Unsplash