5 Language Translation Service Success Stories [2024]
Language translation services bridge the linguistic barriers, helping businesses reach a wider audience outside of a single language. A language translation job is an opportunity to cover a wide range of topics and meet people from different cultures.
To become a language translator , master a second language and earn some experience so you become fluent in the second language.
Here are some real life success stories of starting a language translation service:
1. DEMAN Übersetzungen ($6.6M/year)
Cédric Sigoire, the owner of DEMAN Translations, had always wanted to have his own company and create value. After searching for 8 years, he acquired DEMAN Translations in 2015 and used his own financing to grow the business from 6 employees and a turnover of 1.5 million euros to 17 team members and 3.5 million euros in sales in 2020. With a target of reaching 6 million euros in 2021 and 10 million euros in 2022, Sigoire plans to expand into France and the United Kingdom.
How much they make: $6.6M/year
How much did it cost to start: $1.25M
Current team size: 35
DEMAN Translations grew from 6 employees and 1.5 million euros in turnover in 2015 to 17 team members and 3.5 million euros in sales in 2020 after acquiring 12 other translation agencies, with a goal to reach 6 million euros this year and 10 million euros in 2022.
2. Lotuly Ltd ($480K/year)
Robert and Mariona Bolohan, a married couple with a passion for languages, started their own translation business, Lotuly. They began as freelance translators and gradually expanded their team to handle more languages. With a focus on human translation and a commitment to quality, they have grown their business to over 500 translators and offer services in over 90 languages. They are now experiencing monthly revenues of $40k and are looking to expand further with a subscription version of their services.
How much they make: $480K/year
Current team size: 2
Lotuly is a remote translation agency with over 500 translators across the globe, offering translation & localization services in over 90 languages and 40 subjects for e-commerce, e-learning, software & marketing companies, universities, and legal firms.
So... can you actually make money with a language translation service?
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:
3. The Happy Beavers ($480K/year)
The founder of The Happy Beavers initially started as a freelance translator, but after experiencing success with SEO-focused content creation, they transitioned into building a company. They utilized platforms like Upwork to gain clients and focused on personalizing their sales approach to stand out from the competition. They are now scaling their business growth and working on developing an AI that can analyze the quality of written content.
How much they make: $480K/year
How much did it cost to start: $0
Current team size: 10
The Happy Beavers is a content creation company specialized in SEO investments through content creation, with a team of 10 full-time employees and around 150 freelancers, boasting an excellent track record, which they build up through Upwork.
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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
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
