Christina Wallace on How Focusing on One Career Path Doesn't Work Anymore and Why You Need a Portfolio Life

LEAVE YOUR MARK: Freshly Brewed Career Advice with Aliza Licht

According to serial entrepreneur, author, and Harvard Business School Senior Lecturer, Christina Wallace, pouring yourself into a single full-time job is the riskiest move you can make. Focusing on one career path doesn't work anymore for reasons ranging from recessions to student loan debt, the gig economy, climate disasters, and a global pandemic (to name a few). We need a dramatically different relationship with work that allows us to define ourselves beyond our paid labor.

In her new book, The Portfolio Life: How to Future Proof Your Career, Avoid Burnout and Build a Life Bigger than Your Business Card, self-described "human Venn diagram," Christina Wallace adapts tried-and-true practices from the business sector to help you eschew the cult of ambition and experience the freedom of building the flexible, fulfilling, and sustainable life you want. Drawing on research, case studies, and her own experience, she walks you step-by-step through designing a strategy for the long haul. Because you deserve rest, relationships, and a rewarding career—not someday, but today. After all, you only live once.

Wallace talks about building a life like a portfolio rather than a linear career as disruptions become more frequent and diversification and flexibility become more valuable. The Portfolio Life is an anti-hustle, pro-rest approach to work-life balance, built on three tenets:

1. You are more than any one role or opportunity.
2. Diversification will help you navigate change and mitigate uncertainty.
3. When (not if) your needs change, you can and should rebalance.

In this episode, we discuss the idea of a portfolio career and how having multiple areas of expertise can be beneficial. Christina emphasizes the importance of recognizing the value of diverse experiences and networks and how a Venn diagram can identify areas of opportunity and help you connect the dots between many areas of expertise. Christina shares her startup failure story and how it's now a case study at Harvard. Though crushed and paralyzed, she got back on her feet by committing to 70 coffees in 30 days. You'll learn the three crucial questions she asked her network that brought her back in touch with her self-worth and clarified her next steps.