;   Medical Translation Insight: Chasing the big paycheck, or: The 5 steps when taking on the wrong project - ForeignExchange Translations

Chasing the big paycheck, or: The 5 steps when taking on the wrong projectStab me. Please, somebody stab me. Put me out of my misery.

So begins the recent post Whose fault is this? over at The Marketing Mix blog. It's a humorous look at what happens when a service provider takes on a project or client that, in retrospect, they should have passed on. "Chasing the big paycheck" - a sure way towards stress, hassle, and reduced profits.

And which translation company hasn't been there? We all hear it: "translation is translation is translation - how hard can it be?". But the reality is that different subjects, services, and applications do require a substantial amount of expertise.

The Marketing Mix post highlights that there is a fine line between stretching and growing and overextending. That is why my tongue-in-cheek "5 steps when taking on the wrong project" might look familiar:

  1. Elation
  2. Doubt
  3. Greed
  4. Anger
  5. Blame
If you haven't experienced them first-hand, you haven't tried to grow your business or yourself.

The real challenge is not that a translation company might take on a wrong client or project. It's difficult and unpleasant, yes, but as long as you can learn from it, these experiences prove extremely helpful. But that's the challenge, isn't it: How do you know which assignments to say "yes" to and which to turn away?

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