How to run another instance of Skype in Mac OSX

My workplace recently mandated a company wide Skype policy that requires me to create a new Skype account. As I was using my personal account before, this raised a problem. I want to be logged in to both my personal and work accounts at the same time.

I searched around for ways to this problem. I found a solution that allows me to run a second instance using the command line. To do it, just run this command

sudo /Applications/Skype.app/Contents/MacOS/Skype /secondary

Just authenticate yourself as root and voila, you got a second Skype instance running.