Ask HN: I cannot afford to scale…
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Re: Ask HN: I cannot afford to scale…
#22The cheaper competition no doubt have much more work, and many more customers. Even so, they will be much less profitable.
Re: Ask HN: I cannot afford to scale…
#23It is that your business model cannot scale - effectively, you are hand crafting widgets, not leveraging technology to increase productivity.
Adding another translator, adds approximately one unit of capacity. Another document, well, that adds approximately one unit of work. Sure, growth can occur arithmetically, but there is no possibility of exponential or even geometric growth.
To make the issue more intractable, the iOS ecosystem provides less opportunity to acquire and apply more efficient tools - there is a significant degree of rigidity in the technology stack (i.e. you can't employ a tool written in LISP easily in order to improve throughput).
What you have is ownership of a small business - which is entirely consistent with your initial goal of owning a company. And you are facing the same issues all small businesses face - the problem of hiring people who might not do things exactly the same way you would.
Good luck.
Re: Ask HN: I cannot afford to scale…
#24For which they should be billed. By the hour.
If they want a fixed price contract, they can go elsewhere and find a job shop that will never go the extra mile when the time runs out. Emphasize the value proposition you bring by providing in-depth professional services. Emphasize the fact that your extra billable hours are pay-as-you-go: every time something gets worked out, they are getting proof of just how much you are worth.
Re: Ask HN: I cannot afford to scale…
#251) Charge more. Lots of other people have said that too. If you have to turn away customers, then you know you can raise your rates. You need to do a/b testing on this (i.e. high-low) until you find the proper rate at which the number of customers is balanced by the price you charge.
2) You need to automate some stuff. If I were you, I would invest a little time into writing a simple tool where you can enter the corpus of text and translate it via Google Translate. If you set up your tool to allow multiple inputs, you can easily start a project by filling in all the text to be translated and hit "Go". Afterwords, you just go through each translated entry and correct things. This should be significantly easier than doing every single thing by hand, over and over.
Re: Ask HN: I cannot afford to scale…
#26The big issue is not that you cannot afford to scale. It is that your business model cannot scale - effectively, you are hand crafting widgets, not leveraging technology to increase productivity. Adding another translator, adds approximately one unit of capacity. Another document, well, that adds approximately one unit of work. Sure, growth can occur arithmetically, but there is no possibility of exponential or even…
Sure, growth can occur arithmetically, but there is no possibility of exponential or even geometric growth.
nitpick: "exponential" and "geometric" refer to the same quality (there are minor mathematical differences, irrelevant in this context).Re: Ask HN: I cannot afford to scale…
#27Re: Ask HN: I cannot afford to scale…
#28I think you have an 'easy' choice here. 1. Like other people have said, increase your price and fewer people remain. It is polite self selection 2. Outsource the actual job. make your job relating with the customer and pay people to do the translation (per job). your work will be to review what they have done and interact with the customer. 3. Focus on the one that had higher money/time ratio. So if it is the highly…
Re: Ask HN: I cannot afford to scale…
#29Re: Ask HN: I cannot afford to scale…
#30Outsource the writing, then spend time doing the quality checking rather than the hard yards. That should allow you to scale 2-3x faster & take on more work. The downside is trying to find good contractors who can translate to a standard that you set. Good luck!
You could try outsourcing to Language Students at a local University. They are probably cheaper than other local translators (don't take the piss) and could become employees as you scale.
Put up flyers in the local universities offering part time work to students with good english and fluent in one of various other languages.
We had litterly HUNDREDS of applicants even though the pay was only marginally above minimum wage and some very good candidates to choose from. Of course there is a big imbalance for different languages depending on the ethnic makeup of your local universities.
Many of the foreign students are quite well off financially anyway and don't care about the money, they just want the opportunity to improve their english and add to their resume, of course you have to be wary of visa issues.