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Changing Careers at 40 and Beyond: How To Do It Right

October 17, 2024

You’ve been in the same roles for almost two decades and the prospects of spending another five make you sick to your gut. Perhaps it’s time for a pivot. Here’s everything you need to know about changing careers at 40.

Is it Worth Changing Careers at 40?

YES! If you no longer feel satisfied in your current field or role, taking a U-turn is a perfectly normal thing to do. People like Jeffrey Brotman (co-founder of Costco), Robin Chase (co-founder of Zipcar), and Ray Kroc (former CEO of McDonald’s) among others achieved major career success after hitting 40.

In general, people aged 35 and 44 change jobs roughly 2.9 times, and those between 45 and 52 change jobs about 1.9 times, according to the US Bureau of Labor Statistics. So you’ll be hardly an “outlier”!

What’s more, a recent study found that people who started a new career at 40 feel much more content. Over half (55%) are very happy about their decision, 64% say their stress level decreased, and a whopping 72% feel like a “new person” since the career change. …

Power Market Is Changing — Distributed Energy Gaining Ground [PODCAST]

August 27, 2018

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The power market is changing. It’s being driven more and more by the retail side of the business, according to Roy Palk, Esq., president of New Horizons Consulting. Palk will give a presentation titled “The Rise of Distributed Energy — New Challenges Bring New Opportunities” during the Distributed Energy Conference, which will be held at the Denver Marriott West in Golden, Colorado, October 15–17, 2018.

Palk joined The POWER Podcast to give a brief preview of his talk. He said younger, more-sophisticated and environmentally attuned consumers, as well as commercial and industrial companies that are going green—often following edicts from their boards of directors—are forcing utilities to evolve in order to remain the energy provider for these customers.

The rise of solar and wind power, microgrids, and other distributed energy resources means member-owned cooperatives and large utilities must look at their business models in a new light, focusing on the benefits of leveraging the trend toward distributed generation.

To learn more about the Distributed Energy Conference and to register for the event, visit www.distributedenergyconference.com…

Utility Paradigm Changing Globally in Response to Distributed Energy and Digitization

June 23, 2016

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Enrico Viale, head of global thermal generation for the Italian energy company Enel, kicked off an international power industry event yesterday with a keynote presentation describing the “needs” of utilities in the future.

Enrico Viale, head of global thermal generation for the Italian energy company Enel, gave the keynote presentation at Power-Gen Europe on June 21, 2016 in Milan. Courtesy: Lee Buchsbaum

With more than 100 power plants in 33 nations generating and distributing energy to more than 60 million customers, Enel’s multi-platform fleet is rapidly changing. “We are in the middle of a transition to a new energy paradigm characterized by the rise of renewables and distributed energy. These pose challenges to traditional generation and power network systems,” he told attendees at Power-Gen Europe in Milan, Italy, on July 21.

From Viale’s global perspective, all utilities are being influenced by four major factors: “persistent market volatility, a growing environmental culture, calls for sustainability, and the megatrend of digitalization.”…