Showing posts with label business new opportunity. Show all posts
Showing posts with label business new opportunity. Show all posts

Tuesday, 10 April 2012

Marketing On Internet:

Are you a translator who feels passionate about what you do and are trying all you can to get established?

Are you having trouble getting enough clients? Do you want to share your tips on how you tackle difficult situations and less-than-ideal clients?
You’ve come to the right place.
I want to personally invite you - translators and interpreters - to talk about your successes and concerns; to discuss pressing issues; to share your knowledge and expertise; to ask questions and to find answers; to gain support from peers; or to simply write about the things that are important to you, here on my website.

As you may be already aware, marketing on internet is a great way to get your name out there. Here’s what you’ll get from becoming a guest blogger:

1- Free promotion for you and your business

2- A great networking opportunity with fellow translators and industry leaders

3- Boosting your credibility and reputation

4- Attracting potential clients and/or quality translation jobs

5- Sharing your expertise with a wider audience

6- Learning to communicate in different ways

7- Getting to know new niches that you are unaware of

8- Helping to see your business from different angles

9- Showcasing your writing skills

10- Adding a new and impressive component to your resume

11- Bigger opportunities and possibilities

To make sure that your articles get read by my visitors, here are a few tips you might want to keep in mind and if you need more information then link here

Networking Rules for Translators:

But whether it's job search networking or business networking, the advantages of networking are simply undeniable.
Networking is about making connections with people. It’s about building trust and relationships. As you know, relationships can’t be built over night. Don’t expect to become a master networked from the get-go. It takes time, patience and effort.When you often have deadlines to meet as a translator, it is essential to spend your time wisely. By following these tips, you'll learn how to network effectively.

1-Place yourself in the right place at the right time 
What is networking for translators? You have to know exactly who you are targeting. It’s great to network anytime and anywhere, but if you are trying to target everyone, you are basically shooting in the dark.That is why you have to develop a niche or specialty. It helps establish your credibility and narrows your prospective starting point to specific groups or potential clients.In this way your networking effort is focused and will likely produce more positive results.

2-Start with people who already know you and support you

Never underestimate the power of your family, friends, coworkers and acquaintances.Tell them what you are looking for and how they can help you. Don’t keep it a secret!

3-Be yourself

You don’t have to act like a social butterfly if you are not. What is networking? It is about being genuine and authentic, not artificial and pushy.Networking is a process. Take your time and see how you can help others and how others may help you.What Shakespeare said – To thine own self be true – is great advice.

4-Have a realistic goal

You may wonder what is networking going to do for you. Well it’s not likely to lead to a lot of work right away, or rocket you to immediate fame and fortune. But you’ll get important information, build more contacts and find beneficial resources for your freelance business.

5-Be interesting 
Practice before you begin networking. Acknowledge someone you don’t know with a friendly smile and a hello. Offer a kind observation (honest compliments work wonders!) and ask an open-ended question.

Make your conversation brief and interesting. This will arouse people’s curiosity and therefore you’ll become an attractor rather than a pursuer.

6-Ask for advice

What is networking strategy #1? Ask for advice!
instead of saying, “If you or someone you know needs a translation service, refer them to me”, consider saying this - “I’m a freelance translator specialized in marketing, what do you think I should do to find more prospects?”

With a softer approach people are more willing to help you.

7-Position yourself to be a helpful resource

Offer tips and ideas to people who have language translation problems. Refer them to related resources for information if you don’t have the answer. This way you make yourself visible to them consistently.and for more information link here 
 

How To Start A Freelance Business:

Can you become a translator/interpreter offering English to Vietnamese translation services without any experience This is a question from a visitor of my website and my answer is below.
Send me your questions and you may be featured on my website next time.
Whether it’s in the translation business or any other business, there are always people who are doing great and others who are struggling. It’s not just luck, but rather how you find the best approach and take real actions.
All right, let's get back to your question. For the purpose of our discussion, we need to define "experience" in a bigger picture. Experience is something you have personal knowledge of. Having been there and done that certainly makes you more credible in the eyes of your clients or employers.
Please don’t just take Vietnamese to English and/or English to Vietnamese translation as your sole indicator of experience. There are many other aspects that can be taken into account depending on the specific job itself.
For example-
Do you have profound knowledge of English and Vietnamese languages?
Do you have any hobby other than translation?
What’s your previous job?
What did you learn at school?
Are you particularly interested in a certain subject and have read many books regarding that topic?
Are you into sports or arts?
Have you organized an event or are you good at talking to people?
If you said yes to any of the above questions, you’ve got some experience under your belt already.
Let me give you another example here: are you aware of the fact that more and more westerners are going to Vietnam looking for investment opportunities, for low cost manufacturers or simply to tour some beautiful places.
If you are well-connected with local businesses and if you are an outgoing person that loves talking to people, you can market yourself as a business translator/interpreter.
You can use your English to Vietnamese translation skills to help foreigners get around and find what they need or even connect them to local businesses and get paid for that.

Of course you have to be quite familiar with the languages to begin with, but in this case whether or not you have done Vietnamese to English or English to Vietnamese translation before is not an issue.
Your clients probably are more likely looking for some flexibility and a great connection with local communities from you than your translation experience alone.
The point I'm trying to make here is that you don't have to pack up years of experience before you feel confident to be a translator or interpreter. You just need to find a niche that fits you well but not many people are already doing. Then just go for it.
Another thing is to start building a strong network - let all your friends and family members know that you are offering Vietnamese to English and/or English to Vietnamese translation services and let them be your advocates.
Start building a good list now and keep adding names to that list.

If you have absolutely no idea how to get started, you may want to read find me a job to land your first few clients.
Many experienced translators and interpreters all started just like where you are now. You can build experience over time, but if you don't position yourself well, you will be struggling even with ten years of English to Vietnamese translation experience.
Pick a path that's not well-traveled and you'll be in hot demand. and for more information link here

 

Monday, 9 April 2012

Basic Financial Concepts To Make Your Business Profitable:


 Understanding basic financial concepts is one of the most important things you should do to create success in your business. Unfortunately many freelancers are way too shy to talk about money. They somehow feel that being smart with money will make them less professional.
But that can’t be any further than the truth. A healthy relationship with money makes you highly competitive in your business. It also helps nurture your passion. As a result you will have more happy clients.So here are a few basic financial concepts:Simply Profitable offers a number of unique business solutions which enable business owners to:
  • easily understand finance and key financial data in their business
  • improve business decisions on the back of key financial data
  • address the business’ current issues
  • evaluate potential options to grow the business
  • establish and implement a plan of action
  • create motivation to achieve financial goals
  • create a winning millionaire mindset
  • increase profits in their business
  • plan for the future of their business in the short, medium and long term
In these current times, businesses must focus on exactly what they want to achieve in order to get ahead of their competition. We enable businesses to establish where they are now financially and where they want to get to. We then work with the business owners and employees to establish a winning millionaire mindset which will enable them to achieve their goals and improve the overall financial performance of the company and thereby increase profits
So here are a few basic financial concepts:

1- Be honest with your finances

Honesty is truly the best policy when it comes to dealing with your finances. Take a harsh look at your current situation and find out what’s working for you and what’s not.

Honesty means admitting your mistakes, understanding why you made the mistakes and looking for long term solutions to solve the money problems. Honesty means that you should take action right now, not next week, not next month or after the holiday.

Honesty means setting your financial boundaries and knowing your limits. Honesty also means thoroughly research your target market before you ever prepare your service or product for sale.

Another part of financial honesty is to know your potential and ready to make smart investment for you and your business.

Honesty is one of the most important basic financial concepts and it is the essence of financial wisdom.

2- create a prioritized budget

Most translators don’t have unlimited funds to run ads or buy every piece of latest software and high tech equipment on the market. But that doesn’t mean you shouldn’t spend any money at all.

One of the most important financial concepts is spending money wisely. You do need to put money on crucial items such as marketing, professional development, product/service creation and maintaining a great client relationship.

You need to create a budget for all the items that are crucial to your business success. Your priority should always be given to the items that would save you time, create more profit or attract more high paying clients.

3- Keep track of your expenditures and earnings

Running a business isn’t easy. Often you have a hundred things at hand all crying for your attention at the same time. You may have the best memory in the world, but when it comes to money, you need to have a system to keep track of everything that’s going out and coming in.

That often means recording all the numbers on a regular basis for easy tracking. If you don’t know where you money is going and where it’s coming, your business probably won’t get anywhere, either.

4- Shop around for better deals (bank accounts and credit cards)

Beware of bank fees. A business checking account can cost you quite a bit monthly if you don’t shop around. Credit cards can also have hidden fees for your points and cash backs. Know all the facts before you apply for any credit card. Weigh the pros and cons.

Remember, you don’t need to have every credit card that’s offered to you. Just keep a few essential ones to get the most benefits. Make sure you separate your personal expenses from your business spending.

Clarity on all numbers and facts is one of the most important basic financial concepts.

5- Be debt smart

This is one of the most overlooked basic financial concepts. You should always try to avoid any consumer debt. Understanding the difference between a wise investment and an unnecessary purchase is the key for your business to stay profitable.

One of the biggest mistakes some translators make is that they spend faster than they earn. For example, spending thousands of dollars on a latest version of translation software when you don’t have consistent large work load is NOT a wise investment.

You may not agree with me, but the truth is that using translation software often gives your clients an excuse to lower your rate. Did you know that human translation is almost always demanded by high paying clients?

But developing a new information product for different clientele actually increases your income dramatically. That money and time is well spent.

Before you get going, learn some basic financial concepts. Do your research and get all your facts straight – your business success depends on that.  and for more information link here

Passive Income Opportunities And Tips For Translators:



Let’s face it - without passive income opportunities, your business growth is limited.
Even if you enjoy working long hours and meeting deadlines, you have to plan for unforeseeable future disruptions in your freelance business.
You should not get too complacent with one income source.
What if you get sick?

What do you do when you get too much work one week and little or no work the next?

When your business is just you, you often do not have the proper time allocated for marketing and other important tasks other than translation.

So don’t make yourself irreplaceable! Finding good passive income opportunities and creating extra money sources is a must for your business to have long term success. Here are a few ideas for creating multiple income streams:

1- Outsource and delegate

If you handle every single thing by yourself, you may never be able to see the light of the day. To get the best of your limited time, you need to outsource additional work you can’t handle or not good at doing.

Or better yet, start your own translation agency and delegate translation jobs to other qualified translators while collecting commission on each job completed. This is just one of the passive income opportunities.

2- Create some information products

Being an expert translator, you must have learned some tricks and tips in learning a foreign language over the years and being good at it. Maybe just a booklet teaching your clients to use the proper language terms under certain scenarios; a pamphlet on the different business etiquette between your two primary cultures; or listing common mistakes in language use and how to avoid them.

This is one of the most undervalued passive income opportunities for translators. If you can’t think of a product idea, talk to other local businesses to create a joint info product. You don’t always have to work alone. Don’t underestimate the power of combined intelligence.

3- Create a membership program

When you have enough followers and like-minded fans, you can start a social club where you can hold regular meetings and seminars for a fee. In additional to providing a chance for social networking, the membership program should also offer real valuable information and inside knowledge to the members.

It doesn’t have to be just translation or language related, but you do need to find a niche so that you’ll attract enough followers who appreciate the value you provide and are willing to pay for it.

4- Carry related products with your main service

Other than hiring a professional translator, consumers who require quick and accurate translation quite often would like to buy a quality multilingual dictionary or an electronic hand held translator from a reliable source.

This could be one of the passive income opportunities for you as you’ve established some expertise and status in your language pair.

It would be ideal if you have a platform in place, such as a website with decent traffic. If you provide information related to your expertise and attract enough visitors, you’ll likely sell these side products as a result of the trust and credibility built.

Just make sure whatever products you offer, the quality has to be superb. If your clients question your integrity, you’ll have a hard time rebuilding that trust.

5- Become an affiliate

If you don’t have your own product, you can sell others’ products. Linking your talent and expertise with someone with a useful product is an excellent way to broaden your client base. But you’ll need a web presence, no matter which way you go.

The benefit of having a good website is that it informs and educates your visitors 24/7. It never stops selling for you, provided you have the right information that your visitors are seeking. It can be a service, a book or any kind of products that complements your service. for more information then link here

 

Easy To Implement Extra Income Ideas:

If you are a freelance translator and are looking for extra income ideas, you are not alone.
You love what you do, but you feel overworked and under paid. There's nothing wrong to explore multiple streams of income and various ideas to make money.The translation industry is evolving. Translation tools and software are more and more common. Not to mention clients have easy, electronic access to cheaper translators from low labour cost countries such as India and China.
Having said that, I don’t believe the translator profession as we know is heading for extinction. Languages are a complicated art of human communication.

As long as computers can’t comprehend feelings and emotions, there will be a demand for human translators.
As a freelance translator, it’s your job to make your business sustainable. You can’t survive on peanuts. It’s always good to create some extra income ideas that are compatible with your personality and your business.
There's nothing wrong with wanting to make more money.
Here are a few tips for you:

1.Arrange bundle deals with other freelancers such as writers, consultants, web designers etc.

This is not just cross promotion. It is a way to add value to your service and your partner’s service. By repackaging your skills you can charge more than what you normally would while your clients get to save time and hassle.

The key is that your services have to complement each other for you to both benefit from this deal.

2.Create your own information product to reach your target audience.

It may mean that you team with another entrepreneur or business person (eg. web designer, videographer, technical writer) to create extra income ideas and market your services together.If you take this approach, you have to be seen as an active business partner with translation skills instead of just a translator.

3.Share your talents with others and get paid for it.You can teach a language or provide valuable instruction to multiple students as an experienced professional. It can be offered in the old fashion way, or through tele-class or web-class.
You can even partner with other experts who are not your direct competitors.

4.Write something. It doesn’t have to be a book or catalogue.It can be a guide for language tips or industry-specific phrases. Or a booklet geared to assist clients, like hospital patients. You can also put it to Amazon.com or ebay or craiglist.org for sale.You might charge only $10 per copy, but since the sales is a reoccurrence over time, it can add up.Some other extra income ideas require initial set-up.

5.Start a blog.There are plenty of sites offering free blog hosting. You just need to have a good grasp of the your topic and solid writing skills. If you are able to attract a regular readership, it may lead to online advertising opportunities.

6.Launch a website.If you shop around and are not too picky, you can get a decent looking website for a very reasonable price. If you generate enough traffic to your site, you make money by selling ads, affiliate products or selling your own products.  really if you need to get type of more idea then link here

Tips to be highly profitable:Self Employment From Home

For most language translators, language translation is a business with increasingly fierce competition and small profitable margin. Many translators, therefore are having a hard time making ends meet. But there are ways to make your freelance business a high profitable one. 

Here are 5 tips:

1- make marketing your priority

Do not try to find clients only when you've completed your work. You have to make marketing a regular task. Make it a habit to network. Create an email marketing strategy. Promote your expertise online and offline wherever and whenever you go. Use your time wisely. Delegate certain tasks that you are not so good at.

2- follow up with your leads

Communicate with your potential clients through email, newsletters, social media, post cards; ecards; phone calls; in person contact and other activities. In a nutshell, don't wait until your last client has gone to take steps. You have to market continuously and consistently to keep your well of potential clients from drying up.

3- Create different sources of income

Trading your hours for dollars is not a good solution for any business. Certainly not for translators. You need to know other ways to create income.

The beauty of having multiple income streams is that your income is not limited to your availability anymore. As a result, you gain greater personal freedom and possible financial security too.

Translators constantly have to meet deadlines. Because of this, many find it hard to think beyond dealing with day to day work. But to generate more income, you have to be able to plan and implement ideas. Make sure your business is set to reflect that goal. Learn from other business modules and don't be afraid to test.

4- building strategic alliance

Look beyond the language translation industry. Reach out to other professionals such as consultants, writers, teaching professionals, web designers and other businesses may help you attract more high paying loyal clients and build your credibility. When done properly, you can dramatically increase your client base. And the best part is, when referred by a trusted professional or business person, people are less likely to bargain.

5- an active participant in your community

Making yourself available for your clients and potential clients is not only going to get you good reputation and name recognition, but also help you understand their need. The more you learn, the more likely that you will be able to create services and products that will meet the demands of your target market. At the same time, you will be viewed as a credible go-to person on the subject of language translation.

Translators constantly have to meet deadlines. Because of this, many find it hard to think beyond dealing with day to day work. But to generate more income, you have to be able to plan and implement ideas. Make sure your business is set to reflect that goal. Learn from other business modules and don't be afraid to test.and if you r also become the more profitable then link here


 

Business new opportunity:

Build A Highly Profitable Language Business Now Revealed... business new opportunity for translators, interpreters and other language professionals and Strategies and secrets to attract high paying clients and secure lucrative projects.
Are you tired of constantly looking for clients and searching for new projects?

Do you hate bidding for freelance jobs with such a low catch rate?

Would you like to learn how you can attract higher paying clients and secure lucrative projects with your language skills and talent, consistently and continuously?

Are you in fear over living in feast or famine as a translator? Do you have trouble making ends meet with your meager freelance income?

Would you like to re-organize your freelance business and create multiple income sources, so that you can build a profitable and successful language business?

If you answered yes to most or all of the above questions, then I can help you. I’m Joy Mo, a freelance translator, consultant, business owner and the founder of translators-biz-secret.com and for more  information then link here
Interpreter way to success:
interpreter and a translator share the very same language skills, they do work in different formats and settings.Lay persons don’t differentiate the two roles, but many people understand that an interpret*r works with spoken languages, and a translator works in written languages
Interpreters can work in different settings such as:

Saturday, 7 April 2012

Convert your passion for language into economic freedom : yes to convert your language to economic freedom yes this really a great job in market Marketing your skills effectively and efficiently 3 great ways to attract higher paying clients Turning good job leads into excellent opportunities Making the best clients your regular customers 6 income modules you can apply to create more money Expanding your opportunities through networking How to create multiple sources of income Utilizing various medias to reach new customers get new more idea then here