How to get a job in the one of the hottest industries of 2018.
Have you noticed that you can't look at the job market headlines without the words “blockchain”, “bitcoin” or “crypto” coming up?
First, the good news.
There's a reason you can't avoid the buzz:
All things blockchain are EXPLODING right now.
The numbers are absolutely insane:
- On Indeed.com, blockchain-related job listings increased 631% from November 2015 until December 2017
- Top freelancing marketplace Upwork.com's fastest growing skill in demand by employers in the first quarter of 2018 is “blockchain”. “In the fourth quarter 2017, it had 2,200 blockchain-related job posts, up 2,194% from the same period one year ago, when it only had 96 posts.”
- Startup platform AngelList has over 600 startups with open blockchain jobs (as of May 2018), and the number of job listings has doubled twice in the past year alone:
And now, the bad news.
Oh wait, there isn't any.
Maybe you were expecting to hear that this boom is only for people in the IT world?
While it is true that the demand is strongest for hardware and software engineers who know something about blockchain, every industry is looking to disrupt itself with this new technology.
As a result, almost anyone who has an understanding of it can take advantage, regardless of profession.
Demand is so high – and still growing! – that blockchain employers are bending over backwards to hire anyone who can help them:
- No previous experience? Doesn't matter.
- “Overqualified” in your field? Doesn't matter.
- From another country? Doesn't matter.
You NEED to get into blockchain.
What is a blockchain?
Gaurang Torvekar, CEO of blockchain-based LinkedIn competitor Indorse.io, explains:
A blockchain is a new kind of distributed ledger that is shared among a network of computers. To make changes to the information contained in the ledger, the users of the network must first agree that the changes are valid.
The process of requiring consensus to make updates ensures that no single person or entity has complete control over the contents within the ledger.
The end result is a shared record that thousands of people can access simultaneously and trust implicitly.
Bitcoin, the first digital currency most people have heard of, uses a blockchain to manage transactions like this:
Each step of the transaction in the image is strongly encrypted, which is why people refer to such digital currencies as cryptocurrencies or just crypto for anything related to them.
I'm not technical… are you sure blockchain jobs are for me too?
According to ITProPortal: “As these technologies have become widely recognised, more and more businesses are entering the marketplace offering innovative solutions to long-standing problems. The diversification that this is bringing the market has created enormous opportunity for workers looking to change jobs or even industry in 2018.”
And Forbes chimes in: “Many companies won't require in-depth knowledge of crypto technology right off the bat; they know it's a new industry, so they may be willing to train talent on the job. That said, going in with as much knowledge as you can will only increase your chances.”
In other words, demand is so high and across so many industries, now is a good time to change career paths if you've been thinking about it, and desperate companies may even train you on the fly to make the transition easier.
So how do I find a blockchain job?
1) Research how blockchain will impact you
Read everything you can find on blockchain technology in your industry and profession.
How are companies beginning to use it?
Which companies, or kinds of companies, are most likely to start using it soon?
Which ways are experts projecting blockchain tech will lead to work changes?
2) Learn about blockchain itself in more depth
Shelly recommends finding an expert who can mentor you, someone with vision about the potential benefits of blockchain adoption in your industry. If you know someone like that, great, and if they're willing to mentor you, fantastic.
However, right now those people are few and far between (depending on your industry and location), and you might need time to network and build a relationship with them while they're being overwhelmed with requests from others like you.
Absolutely seek them out, but even if there's someone you can turn to immediately, start learning on your own in parallel and ASAP through blockchain classes and courses online.
Finally, learning is doing: start getting hands-on experience by volunteering your skills in joining a popular blockchain-related open source project. Also a great way to network, you may just meet someone who can mentor you.
3) Anticipate which related skills you'll need moving forward
When you're doing your above research, think about which of your skills are transferable to open blockchain jobs you've seen.
Which of your work achievements can translate too?
Which skills will you need to be more valuable your new career direction? Pick one and start learning.
4) Rebrand yourself with your blockchain knowledge
Once you feel more comfortable “speaking blockchain” and can demonstrate you have more knowledge and expertise than others who have held similar roles in the past – which shouldn't take much, if you act quickly – it's time to update your job search marketing documents to emphasize your newfound qualities.
Update your resume, update your social profiles (especially LinkedIn), update your personal website, add a blockchain mentor to your references, etc., even if you're not actively looking for a job so you can passively attract recruiters' job inquiries and offers.
5) Make your job interview answers and stories relevant
Prepare to communicate better when discussing your background and blockchain-related work.
Which of your achievements and work stories can be made to relate to blockchain companies more easily? Focus on those, and de-emphasize others.
Get ready to talk about your new knowledge and skills comfortably.
Question of the article
Do you know anyone who has changed career paths towards blockchain companies? How did they do it? Will you be next? Tell us in the comments.
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