7 Interpreting Management Business Success Stories [2024]
Here are some real life success stories of starting a interpreting management business:
1. TRANSLIT ($600K/year)
TRANSLIT founder Alex Chernenko came up with the idea for his business after realizing the challenges faced by language service providers and agencies in managing interpreters and bookings. Inspired by the ease of booking an Uber cab, Chernenko designed a platform that centralized management and scheduling, eliminating the need for time-consuming emails and phone calls. After six months of designing and prototyping, TRANSLIT secured €500,000 in seed capital and launched its online platform and marketplace in 2019.
How much they make: $600K/year
How much did it cost to start: $300K
Current team size: 20
TRANSLIT is an ISO-certified translation and interpreting service, which has grown organically to now include an online platform and marketplace that allows users to find, book and manage interpreters across the world with over 2,500 users and recently launched a Remote Simultaneous Interpreting technology available through a mobile app and web interface.
2. Interpretive Simulations
Website traffic: 60K/month
So... can you actually make money with a interpreting management business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
4. Management Methods
Summaries of over 250+ MBA methods on strategy, performance management, finance, valuation, change, corporate governance, communication, marketing, leadership and responsibility. MBA models and MBA theories. Value Based Management.
5. ITtoolkit.com
Visit the ITtoolkit magazine to find detailed articles discussing time saving methods for value added I.T. services, planning and project management.
So... can you actually make money with a interpreting management business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings