More and more people are considering self employment jobs as fewer permanent jobs are available on the job market these days.
If you are a translator, chances are you are self-employed.
Outsourcing non-essential tasks to smaller contractors is becoming increasingly popular for businesses as it saves extra cost and time.
While for some people being self-employed offers flexibility and more earning potential, many feel that they did not have a choice.
To some people self employment jobs do not offer the freedom they have dreamed about. Instead, they worry about their income and feel insecure about their future. The biggest mistake? They treat self-employment same as freelancing.
I’ve never known one single person who wouldn’t trade his/her freelance job for a regular paid position!
That says something about being a freelancer. So don’t be a freelancer. Be a solo entrepreneur instead!
When done properly self employment jobs can offer great growth and income potential for people with multiple language skills. But where to find a job like that? Here are a few tips:
1- Offering virtual assistance service with a translation twist
One of the contracts I was working on for a while was with a manufacturing company based in Canada. They initially intended to hire me as a full-time employee, but I turned it down because my kids were too young and I needed to be around.
So I proposed to devote about 10 hours a week working on their project from my home. The tasks include translation, 3-way-interpreting and some business writing. It turned out to be great for me.
It also reminds me of this much underused way of providing your service as a translator. The company is happy because they save a lot of money by not having a regular employee.
Just make sure you also have other skills to offer such as writing skills, administrative skills, communication skills, organization skills… It often takes one client to get started and then boom you’ll get the second, the third in no time. For details read virtual assistant jobs
2- Work as an independent sales rep for an over sea company
Self employment jobs like this one I’m going to mention is becoming a new trend. My friend Donna was a college English teacher in China. Now she is working as an independent sales rep in Canada on behalf of Chinese colleges.
Her job is to reach out to the Canadian colleges and universities and find matching programs. Then she’ll approach these Canadian schools for possible partnership with Chinese colleges.
As she puts it, “the compensation for this service is lucrative.” She also does translation and interpreting on side. But she gets to choose the projects and clients.
3- Reach out to a larger audience
Most translators are underusing their talents and skills. For example, many translators also offer language tutoring services. But very few actually know how to take advantage of the current technology and reach out to a much larger audience than they currently have.
Teleclass, webinar and group tutoring are just a few formats you can use.
Most service based elf employment jobs are carried out on a one-on-one format. Many translators seem to get accustomed to this norm and never even try to think out the box. The truth is – you can’t afford to simply trade your time for money.
4- Create recurring income
I will define recurring income as an income that occurs over and over again after you just set it up for once. Self employment jobs with recurring income provides true freedom.
Have you learned any inside gigs in the past few years as a translator? Or can you offer any tips to people who are learning the languages you speak? Why not write a book or ebook about these topics?
The internet has made once prestigious book-publishing very easy and inexpensive. More and more people are self-publishing these days.
There are of course more recurring income sources other than selling an ebook. You can create an ecourse, start a membership clus etc.
The great thing about this is that the income just keeps coming even when you are not working.Read more on passive income opportunities