The rule of due caution is commonly known in road traffic situations. However, it is also very useful in other areas of life and that includes business, too.
Last week I spoke with a translation company managing director who asked me how best to organise their production team.
It is with great pleasure that we publish a guest article in our blog, written by Seo‑Young Jun – M.A. Candidate in Translation and Interpretation (KOR-ENG) with Localization Specialization at the Middlebury Institute of International Studies in Monterey. Soe‑Young has been getting to know XTRF at her university which is taking part in the Academic Programme by XTRF. Enjoy the blog!
As a rule, translation agencies are started by professional translators, not professional managers. In fact, less than 10% are established by business people. The majority of them developed from one-person ”agencies” which were launched, managed and grown by translators.
When I meet translation company owners I often hear them say, ”We are a small translation company”. There are so many of them who have great potential, are great leaders and have great teams. But still, they decide to stay small.