How to Handle Gaps in Your Employment
Larry Cornett ??
Coach & Fractional Leader | Career, Leadership, Business, & Life | Are you ready to reclaim your freedom, confidence, & future? | Formerly Apple, IBM, eBay, Yahoo | Psychologist | Solopreneur | Powerlifter | Trail runner
Don’t fear the Gap! Seek it, claim it, and own it.
The short vacations we have in the U.S. are pathetic, and?most people don’t even take those . You barely have time to decompress, unwind, and relax before it is all over and you’re back in the office again.
Months off are what you need to reconnect with yourself, friends, and your loved ones, and think about what you really want out of your career and life. But when will you ever get that chance?
Taking a break between jobs is a rare opportunity to claim that time. You can intentionally delay your job search to take an extended vacation before diving back into the working world. Or, if you’ve already landed a job offer, you can delay your start date.
You’re totally free of the demands of your old job, and none of the work for your new job has started yet. There’s only one problem. Most new employers want you to start work right away. They may?tolerate?a short break — if you’re lucky.
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My first experience seeking a gap
I remember wanting to take a vacation between jobs several years ago. I had been through an intense, stressful period of work?without time off for years. So, I wanted to take a breather, spend some time with my family, and decompress before starting my new job.
While I actually needed more time, I knew that two weeks was probably the most I could take due to the urgency of the new job’s demands (which seems silly now).
Side note: One benefit of aging and perspective is that you see how ridiculous a company’s definitions are of “urgent” and “important.” In the big scheme of life, none of that matters.
But, my new boss didn’t even want me to take those two weeks off. He kept pressuring me to start right away, the Monday right after I left my last job on Friday. He said they couldn’t wait two weeks for me.
Luckily, I stuck to my guns and took the vacation anyway. Did the world end at the company because I started two weeks later? Of course not.
Did I get the rest and relaxation I needed so desperately? Did I truly clear my head between jobs? Of course not. A short vacation like this just isn’t enough time.
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Finally embracing the gap
I took a “gap summer” after Yahoo to reconnect with my family and think about what I wanted to do next. Plus, I was excited about the possibility of having a?real?summer vacation for the first time in over 20 years.
I often tell people that it takes a few months to clear your head from a past company, especially if you worked there for years. You’ve been so immersed in that culture and way of thinking that you can’t even envision creative alternatives for your next job.
My immediate thoughts were to find a job that was more of the same — another exec role as the Head of Product and Design for a tech company. I interviewed for a few positions, but nothing felt?right.
As the weeks and months went by, I kept asking myself “Why” and “What if…” questions. I thought about all of the things I enjoyed about my past jobs. I also listed all of the things I disliked about those jobs.
What if there was a way to do more of what I loved about work without the crap that made those jobs suck? Maybe I no longer wanted a traditional job at all? Crazy talk, I know. But, the time to free my mind, question everything, and think creatively led me down?a very different path to today .
Yes, my most recent gap year may have been a little extreme. But, I think that a mini version of the gap can be enjoyed by anyone and provide you with numerous benefits.
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Rest and recover
When you finally do take a long, well-deserved gap from work, the first week away from your job is full of thoughts about it. You wake up in a panic thinking you’re late for your commute, but remember that you’re on a break. Do you remember that first morning of summer vacation when you were a child? Yeah, it feels like that.
The second week is plagued with vague stress that things are piling up, your boss is upset, coworkers are scheming, etc. But, by the third week, you can finally relax and enjoy yourself. You know that you have to return to work, but it can wait. Things will be ok.
It is a rare experience to have as an adult. How often have you had a significant amount of time when you were in total control of how you spent your days?
The feeling of relaxation is fantastic. But, you can’t stay in this mode forever. At some point, you’ll want to start thinking about ways to use your time more constructively. It is a rare opportunity, so you should make the most of it.
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Invest in yourself
Use this extended time to invest in something you’ve always wanted to do for yourself. For example:
Everything you do will enrich the story you will tell later (more on this at the end of the article). All of this is an investment in yourself, and that?always?has a positive ROI.
If there are skills, experiences, and knowledge you want to acquire to improve your value in the job market, now is the time to do it. If you’re going to explore ideas for starting your own business ,?you don’t need anyone’s permission .
“The best investment you can make is in yourself”
— Warren Buffett
Create some goals and make plans for utilizing your time. You already took a real vacation at the beginning of your break, right? Now you can get to work. But, this time, you are working for yourself, instead of someone else.
Take the time to really understand who you are now.?We are not carved from stone at birth and set in motion. We grow and change and evolve during our entire lifetime.?Who you were when you took that last job may not be who you are today.
Ask yourself what you really want for your career and life. What do you want more than anything else?
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Ask yourself tough questions
After you make it through a couple of months of this newfound freedom, you’ll start to ask yourself “Why” questions. Once you’ve finally cleared your head from the cobwebs of work, you can start thinking about things that matter to you (instead of pondering how to squeeze more efficiency out of your daily standup meetings).
I can’t promise that all of your thoughts will be rational. My ideas indeed were not. You wouldn’t believe some of the crazy business concepts that I dreamed up.
What matters is that this time has cleared your head of the old so you can be genuinely creative while thinking about the new. You may still decide that your old career path is actually right for you. If so, you can recommit to that plan with renewed passion and vigor. This gap time and recommitment will only energize you more since you know that it truly is what you want.
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Or, you may realize that you need a change.
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Reconnect with friends and family
If you’re a driven and ambitious person focused on rapid career growth, it’s not uncommon that you’ve spent less time with friends and family than you would like. I know that it was true for me.
After being home for a few months, my young daughter said that she was so glad that I was finally spending time with them. She told my wife that she had always been a little nervous around me because she didn’t?really?know me. I was a stranger in my own home.
That broke my heart. But, I only had myself to blame. I had been working nights and weekends for almost a decade to focus on my career. I wanted to get promoted, move up fast, and make as much money as possible. In that pursuit, I almost lost what mattered most to me — a great relationship with my family.
Ultimately, I decided that the sacrifice wasn’t worth it, so I didn’t go back to a corporate exec job. I reshaped my career to get a high degree of freedom back so that I could really spend time with my children.
Of course, most people will return to their 9-5 jobs, which may be necessary and right for you. But, reconnecting with friends and family may remind you of how important that truly is. It will empower you to adjust your work commitments to bring your life back into a better balance. Claim what you need. You deserve that.
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However, manage your burn rate
If you’re not familiar with the phrase “burn rate ,” it refers to the rate at which you are spending money above your income. It’s usually applied to companies, especially startups. But, it can also be applied to your gap since you may not be generating any income.
Your savings may determine the duration of your gap period. If you don’t have a large financial cushion, you may have to return to work relatively soon. But, you can reduce your burn rate by tightly managing your expenses. You can also engage in some revenue-generating activities to refill your savings.
In my case, I had saved up a decent financial cushion, and we aren’t that extravagant with our expenditures. I also started doing some part-time consulting work to extend my runway. My success with this was one of the reasons I never did go back to a corporate job.
If you’ve been clever enough to establish?passive income?activities (e.g., rental properties, ad revenue, courses, digital products, or other investments), you may be able to sustain yourself for quite some time. The general idea is that you are?buying your own time back. It’s an investment in yourself to have the time you need to figure out what you really want to do next with your life.
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But, but, but…
I hear you. The dreaded “gap in your resumé .” Is that still a thing? I know that it used to be a huge issue with employers in the past.
“Oh, I see here that you were out of work for six months. What happened there?”
But, I think we’re moving beyond that stage of always being expected to be residing within the warm embrace of our parental employer. It’s more than ok to be on your own, decide how you want to spend your time, explore options, and invest in yourself.
Heck, I see that as a badge of honor you should proudly wear, not something that you’re nervous about explaining.?Take control of your gap story.
First, have a story to tell:
Second, own your story!
Third, let them know how special they are:
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Let me know
Have you taken a gap between jobs in the past, and how did that work out for you?
If you’re intrigued enough to try it before your next job, I’d love to hear what you have in mind.
Check back with me and let me know how it is going!
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Quick Tip
When you leave your job — either involuntarily or under your own steam — and you discover you may be out of work for a month or more,?immediately spin up a consulting practice. I know this may sound impulsive and crazy, but hear me out.
Creating a consulting business and using it to update your LinkedIn profile eliminates that “dreaded gap in employment” that I mentioned earlier. You are no longer?unemployed?for months between jobs. You were doing advisory work and consulting.
Note:?You don’t have to actually engage in finding clients and landing paid consulting gigs if you don’t want to, but I do think it’s a good idea for several reasons. It helps replenish your financial cushion and buys you more time to search for a great job. It’s also a great way to network with people and stay active in your industry. Finally, you will find that almost every consulting gig turns into an opportunity to join as a full-time employee.
You don’t have to share who your clients are when you are interviewing and people ask you about your consulting business. It is pretty common to have clients in stealth mode who don’t want their business revealed to others.
You can simply smile and say, “Sorry, my clients are in stealth mode right now. I’ve signed an NDA and a restrictive consulting agreement. I can’t talk about what I’m doing for them.”
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By the way, I’m writing a book this year.?Subscribe now ?to gain access to draft chapters as I complete them.
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Larry Cornett?is a?leadership & career coach and business advisor ?who hosts a private?mastermind community for ambitious professionals ?with weekly challenges, office hours, and ongoing support. If you’re interested in starting your own business someday (or accelerating an existing one), check out his “Employee to Solopreneur ” course (launching later this year).