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Making Money with Translation / Tips to Make Money with Translation

Updated on November 28, 2017
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Muhammad Rafiq is a freelance writer, blogger, and translator with a Master's Degree in English literature from the University of Malakand.

How to Make Money With Translation?
How to Make Money With Translation? | Source

What is Translation?

In this era of science and technology, internet has become a great source of income for people. A large number of people are earning huge money over internet through various means. Internet is a place where you can earn a reasonable amount of money if you put some efforts into it. Though there are many ways to earn money over internet, yet translation is the most lucrative one. It should be kept in mind that online translation can’t make you rich, but it is a reasonable means of income.

Translation is the communication of the meaning of a source-language text by means of an equivalent target-language text, says Namit Bhatia in “The Oxford Companion to the English Language.” In simple words, translation means converting one language into another language. Those people who can speak more than one language can benefit a lot from translation industry. A translator is the person who can translate a foreign language into his mother tongue with great accuracy and precision. Translation industry is booming nowadays due to rapid growth of internet, commerce and industry in every part of the world. Due to language barriers, demand of translation industry is soaring high. According to US Bureau of Labor Statistics, “Employment of interpreters and translators is expected to grow 42 percent from 2010 to 2020, much faster than the average for all occupations. Employment growth reflects an increasingly diverse U.S. population, which is expected to require more interpreters and translators.” If you desire to earn money online, then translation is the most reasonable place over internet. You can find online jobs by visiting the following sites:

Proz.Com

Poz.Com is the leading provider of translation jobs over internet. It has the world’s largest community of translators. Numerous jobs are posted daily in different language pairs. If you want to bid for a job, you will have to register yourself with Proz.Com. There are two types of registration: Free registration and paid registration. Free registration limits your access to jobs, while paid registration enables you to access each and every job which is in your language pair. If still you want to bid for a job, you will have to add $ 01 for each bid. But you should not worry about that. All jobs need not require paid registration or money. Most of jobs are free and you can bid for them. I myself have benefitted from Proz.Com.

Make Money With Translation
Make Money With Translation | Source

Translatorscafe.com

Translatorscafe is the 2nd largest provider of translation jobs. Like Proz.com, it is also gaining popularity among the translators because of provision of translation jobs for free. That is why; I myself have found most of translation jobs on Translatorscafe. Like Proz.Com, there are also two types of registrations: Free registration and paid registration. Free registration limits your access to jobs, but it should be kept in mind that unlike Proz.com, only a small fragment of jobs is allocated to paid members. I like this site very much because I have accomplished many projects advertised on Translatorscafe.

Make Money With Translation
Make Money With Translation | Source

Work with a Translation Agency

Apart from the above mentioned sites, you can directly make contacts with a translation agency. To get a translation job, it is mandatory to mail your résumés to translation agencies. I also applied the same method when I was a naïve in this field. In the beginning, I started mailing my résumés to various translation agencies. You will be wonder-struck that, in a very short time, I received replies from outsourcers. If you are competent in two languages and can translate a source language into a target language, you will surely receive lots of translation projects. A question will arise in your mind how to find out a translation agency. The answer is as under:

How to Find out a Translation Agency

Translatorscafe is the best place to find out a translation agency. There are more than 5450 translation agencies registered with Translatorscafe. Translation agencies have been categorized on the basis of location and language pair or you can also search a translation agency by typing its name in the search bar. Spare some time, visit Translatorscafe for finding out a translation agency, select a translation agency and mail your resume to the translation agency.

Another important site that has also a vast collection of translation agencies is the American Translators Association. Translation agencies listed here on this site are certified agencies. It means that they have obtained ATA Certification.

Make Money With Translation
Make Money With Translation | Source

Start Your Own Translation Agency

If you want to accumulate money online, it is quite compulsory to start your own translation agency. It can earn you a reasonable amount of money, but it should be kept in mind that it takes time to show your presence over the internet and compete the leading translation services providers. According to Common Sense Advisory, Mission Essential Personnel, a translation agency based in USA earned USD 725.50 million during the year 2011. The second one was Lionbridge Technologies with revenue up to USD 427.86 million. What are you waiting for, set aside other thoughts and start your own translation agency.

Work as Interpreter

Interpretation is a form of translation wherein a verbal language is translated into another language. A person who interprets a language is called interpreter. As the modern world has turned into a global village, demand in interpretation is increasing day by day. All of the above mentioned sites provide numerous opportunities for well-versed interpreters. Keep visiting the above mentioned sites, and you can find an ample of interpretation jobs.

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Work as a Transcriber

Transcription is the recording of an audio into a written text. A person who converts an audio into a written text is called a transcriber. There are many organizations which need a lot of transcribers to convert their audios or videos into written text. Transcription is a little bit laborious task as it requires good listening skills and full command over language. If you don’t understand the true sense of a language, you won’t be able to transcribe an audio or video. Keep visiting the above mentioned sites or google the words transcription jobs to find out a transcription job.

Computer Assisted Translation

There are many CAT tools which assist a translator to translate any foreign language. SDL Trados and Wordfast Pro are the leading translation memory tools widely used by the translators. There are spell checkers, grammar checkers and project management software which make the process of translation much more easy and fun.

Apart from the above mentioned software packages, online translation sites are also available which can translate a source language into a target language. These sites include Google Translator and Bing Translator. You cans use these sites to make your translation process easy and fun.

© 2013 Muhammad Rafiq

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