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Freelancing

Dec 02 2008
Corinne McKay

Since Santa's on his way…

…and since you might be looking to use some money from your business account before the year ends, here are some items that have caught my eye lately.

A little computer. It seems that the Asus Eee PC (from $329 on Amazon) is one of this year’s hottest devices; at 2.5 pounds and with 7 hours of battery life off one charge, it’s definitely tempting. But wait… there’s also the XO laptop “give one, get one” program through which you can donate an XO laptop to a the One Laptop per Child program and get one for yourself too. My daughter has one of these laptops and it’s an amazing piece of machinery; water-resistant, shock-resistant, built-in WiFi, although the keyboard is really small for an adult unless you have very tiny hands. Or, if you’re looking for a way to actually get some work done (imagine!), how about the AlphaSmart distraction-free word processor which is also 2 pounds but has a full size keyboard, runs for 700 hours on 3 AA batteries (not a typo) and is 100% free of celebrity gossip websites and Facebook.

A digital voice recorder. We translators do so much reading and writing, sometimes it’s good to use a different sensory mode. With a digital voice recorder (from $31 on Amazon), you could take a walk during the day and dictate your thoughts about your business goals for 2009, or your to-do list for the next week.

An MP3 player with WiFi. The iPod touch is running at $229 on Amazon, and you can use it to check your e-mail anywhere there’s a WiFi hotspot. This could be useful even around the house, if you have your main computer turned off, or you could combine this type of device with a tiny computer to make a little mobile office. It seems to me that the size of the iPod touch’s screen would dramatically reduce the appeal of browsing the web unnecessarily.

A portable hard drive. Admittedly this lacks the glam factor of a laptop that fits in your pocket, but a portable hard drive (you can get a 320 gig USB drive for about $100 from outlets such as NewEgg) is a good way to back up your laptop, take large amounts of data on the road or create an off-site backup system for your main computer (by storing the drive outside your house).

Written by Corinne McKay · Categorized: Freelancing, Technology

Dec 02 2008
Corinne McKay

What I learned about translators while on vacation

For everyone who celebrated U.S. Thanksgiving, welcome back to work! I always find that a vacation is a good chance to develop some new insights into work and life in general, and this one was no different. My family and I spent the week on a mountain biking and hiking vacation with another family, and on this trip I was confronted with a new realization about translators: we know a lot about a lot. This isn’t to say that translators are more intelligent than mechanical engineers, energy consultants, systems administrators, etc. (to name a few of the people on this trip!), but because of the documents that we read for work all day, we learn a lot of specialized facts about a wide variety of topics.

Personally I think this is a really appealing part of the profession, and one that hasn’t often occurred to me. For example on our trip, the subject of Native Americans’ use of horses came up, which prompted me to comment that horses were actually introduced by the Spanish in the 16th century, before which time many Native American tribes used dogs to pull their belongings around on sled-type devices called travois (I learned that while translating an atlas about Native Americans). Not that people’s eyes didn’t glaze over when I got to the intricacies of how a travois can be pulled either by hand or with a harness on a human, but it was still a fun moment! I also learned that translators know a lot of the answers to the Discovery Channel quiz show Cash Cab (maybe I never realized his before because we don’t have TV at home!).

In sum,  although it sounds trite to say, translation is a great job because we’re always learning; and as compared to people who are always learning about a very narrow subject area, our knowledge allows us to be familiar with a wide variety of subjects that sometimes come in handy. Have fun with it!

Written by Corinne McKay · Categorized: Freelancing

Nov 13 2008
Corinne McKay

Work less, produce more

Ryan Ginstrom wrote a great comment on my last post about high-earning translators (among other things, informing us that among Japanese translators, the gold standard is now US $200,000!). In his comment, Ryan also observed that “Working long hours only pays off for so long — study after study has shown that when knowledge workers (that’s us!) work long hours (more than 40/week), productivity rapidly drops off, and total output is often lower than those working 40 hours.”

And…he’s right! If you’d like to spend some time learning about the history of the eight-hour work day, take a look at the International Game Developers Association’s fascinating article “Why Crunch Mode Doesn’t Work,” written by Evan Robinson. The article starts out by informing us, the knowledge workers, that when we work more than 40 hours a week, productivity starts to drop; not just a little, but to the extent that if we work eight 60-hour weeks in a row, we produce about as much as we would have in eight 40-hour weeks. Over the short term, (i.e. a few days), crunch mode can be effective, allowing us to churn out a big job by the deadline. But for those of us who consistently work overtime because we’re convinced that we get more done, crunch mode starts to backfire.

The story is the same for people who are convinced that they function just fine on a small amount of sleep. Robinson’s article cites a military study that showed that after two weeks, someone sleeping four hours a night is functioning at a cognitive deficit of nearly 60% as compared with someone sleeping seven hours a night.

If you have time to read the article, scroll down to the “What’s It All Mean?” section at the end, in which Robinson makes a strong argument that not only does knowledge worker overtime not produce results, it increases the odds of a massive human error that puts the entire project in jeopardy. So, while a marathon effort once in a while may be inevitable, don’t kid yourself about your stamina… work a maximum of eight hours, five days a week, and then shut that computer off!

Written by Corinne McKay · Categorized: Freelancing

Nov 12 2008
Corinne McKay

Secrets of six-figure translators

…with credit to Barbara Stanny, the author of Secrets of Six-Figure Women (which would be a good topic for a post too!)

Lately (and this impression was solidified at the recent ATA conference), I’ve noticed a very positive trend in our industry, that of the freelance translator earning over US $100,000 per year. Right now, I can think of at least five freelance translators I’ve talked to in recent months who have either insinuated or directly said that for 2008 they expect to break the six-figure income mark. Here, we’re talking about a) people who make the bulk of their income directly from translation, not from markups on subcontracting, and b) gross income, not net.

Now, I don’t have a gripe with how much I earn for how much I work; I will earn more than the average for full-time freelancers in the ATA this year, and I work about 35 hours a week during the school year and about 20 hours a week in the summer, with four to six weeks of vacation. However, I think that we can all learn a lot from six-figure translators and their attitudes toward their work. From my unscientific research, here are a few observations on what it takes to earn more than 100K per year as a freelancer.

First, I think that six-figure translators are actually a very diverse bunch. Some charge extremely high rates, some make very efficient use of technology like CAT tools and speech recognition, some work very long hours. So, I think it’s important to realize that there are a number of paths to 100K, it’s not all people working in a certain language or living in a certain place.

Next, I think that in order to reach six figures, there are a couple of non-negotiables: being very, very good at what you do, having a targeted specialization or working in a niche language, charging higher than average rates and being a businessperson/translator, not a translator/businessperson. For example, the average full-time freelancer might translate 400,000-600,000 words per year. If you charge 10 cents a word, you have to translate almost double that amount to reach six figures. But at 20 cents a word, 100K starts to look practically doable. So, although not everyone making six figures is charging very high rates (which I would define as 35-40 cents a word and up, and yes, there are people out there who are commanding those rates!), I would say that if you are not averaging at least 18 cents a word, you would have to work very long hours or very, very efficiently to reach six figures.

Six-figure translators are rarely, if ever, generalists. I think that the exception to this rule is people who work in languages where the pool of translators is small enough that people don’t tend to specialize. Partially, I think that this results from the fact that specialization is the key to attracting direct clients, and very few agencies in the U.S. are willingly going to pay 20+ cents per word for common languages; if you break the 100K mark, you are undoubtedly working either primarily or exclusively for direct clients.

Surprisingly, the six-figure translators I’ve met are not the over-caffeinated stress machines that one might imagine. Rather, they seem to love their work and be happy that they have coincidentally found a way to make what one of them described as “a ton of money” doing it. Six-figure translators also talk about money a lot. While I’m sure that no one is going to attend a translation event and broadcast the fact that they charge five cents a word, I do think that willingness to talk about rates is a good tool for setting/raising your rates; when you meet someone who is as busy as they want to be at double what you’re charging, it is a good incentive to push your own rates up.

Six-figure translators also seem to concentrate on clients who care about the quality of their translations and the level of service they receive, not just about things being on time and on budget (although I’m sure they care about that too!). In her presentation about marketing to direct clients, France-based French to English translator Chris Durban talked a lot about selling “a translation that reflects the quality of the company’s products and services,” which I thought was a great way to distinguish translation as a non-commodity.

So, whether you’re setting your sights on six figures for 2009 or whether you’d just like to earn a little more than you are now, I think that six-figure translators have a lot to teach all of us about the way we run our businesses.

Written by Corinne McKay · Categorized: Freelancing, Money

Oct 31 2008
Corinne McKay

Networking for introverts

Ahead of next week’s American Translators Association conference, many U.S.-based translators are printing résumés, putting the finishing touches on presentations, searching the closet for presentable outfits and dreading the inevitable rooms full of strangers at this sizable event. At the same time, every successful translator has to admit that ours is a business that depends on name recognition and word of mouth referrals, and in-person contacts go a long way toward building up both of those elements. ATA President Jiri Stejskal’s column in this month’s Chronicle had some excellent tips on networking, and here are a few that I’ve gleaned over the years.

  • Don’t be shy about distributing your résumés and business cards. It’s no secret that building relationships with clients and colleagues is a major reason to attend a professional conference, so just offer to exchange cards with everyone you talk to; bring a lot of cards!
  • Ask people about themselves. If you’re not an extrovert, think of a few questions you could ask people to get the conversation flowing; what sessions has this person been attending? what are his/her specializations? what does he/she think of this conference as compared to past years? what trends does he/she see in the industry? Most people feel comfortable talking about themselves and their jobs, so these are good ways to start an interaction. If you don’t feel that you’re a good talker, be a great listener.
  • See other people in your language as allies, not competitors. When you meet other people in your language pair, use the time to share information that can help both of you. Maybe this person works in a specialization that is different from yours, and you could potentially refer work to each other. Maybe this person is also looking for ways to market to clients overseas, and you could share ideas.
  • Remember that no one wants to listen to a complainer. I thought this advice in Jiri’s column was spot on; we’ve all gotten stuck talking to the person who has nothing positive to say about the hotel, the food, the sessions, the weather, etc. Is this a person to whom you would refer your clients? Even if your trip isn’t going well, save the complaining for a time when you’re with friends who already know you.
  • Thank the presenters. Aside from the Distinguished Speakers who are invited by the ATA Divisions, the vast majority of presenters are volunteers. Saying something specific, either in person or in an e-mail after the fact, about something you enjoyed in the presentation will make that person’s day (trust me!). It’s also a good way to start a relationship with someone whose work you admire.
  • Turn off the distractions. You spend the rest of the year dealing with communication overload, and professional conferences are about the closest approximation of a paid vacation when you’re self-employed. Check your phone and e-mail messages if you have to, but focus on what’s at the conference too!

Written by Corinne McKay · Categorized: Freelancing

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