why start up? wordycat @ the startup panel at tlc2016

9
words + etiquette = [w’3rdiːkæt] meet wordycat Anja Müller Marie-Luise Groß 1

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Page 1: Why start up? wordycat @ the startup panel at TLC2016

words

+ etiquette

= [w’3rdiːkæt]

meet wordycatAnja Müller

Marie-Luise Groß

1

Page 2: Why start up? wordycat @ the startup panel at TLC2016

effective collaboration is a strategic imperative for freelancers in the language industry…

2

• Price deterioration

• Competition with laymen

• Little job prestige

• Little visibility

• “Quality“ is not tangible

• Software providers and agencies

benefit from technology – but do

freelancers, too?

It’s hard to earn a living as a translator.

Thousands of fake profiles exist online.

Anyone can offer language

services…

How do I find clients?

How much is my expertise worth?

Language professionals’ pain points

I want to work closely together with my clients.

Implications

Page 3: Why start up? wordycat @ the startup panel at TLC2016

… and their clients

3

It’s hard to find a professional

translator

I need to more marketing

experts on my team!

I don’t have time to skim through 100s of profiles

Who can recommend a reliable language expert?

I don’t trust anonymous platforms

Clients’ pain points

I want to easily collaborate with

freelancers

Implications

• Can’t assess quality of the

translation

• Don’t know how to find reliable and

skilled language professionals

• Under deadline pressure

• Don’t know what service they need

Page 4: Why start up? wordycat @ the startup panel at TLC2016

our Mission

our Vision

4

Together we shine: wordycat is an exclusive network and virtual co-working center where language professionals and their clients find each other through recommendations and build trusted, sustainable business relationships.

wordycat is a fair marketplace where professionalism, mutual appreciation and efficient collaboration are fostered through process innovation and knowledge sharing.

Page 5: Why start up? wordycat @ the startup panel at TLC2016

5

pretty on the outside, strong on the inside: wordycat offers you powerful tools and services

SearchHi, Anja Müller! Have a nice day.wordycat

Virtual office Dashboard Projects Team rooms my Account

Marketplace

myProfile

Academy

Community

Dashboard Projects Team rooms

my Account

Welcome to your virtual office!

4 open 2 closed

IBG Corp. Vitte Ltd. Happy Hotel

Upgrade My user data

Quotes Projects Billing

SearchHi, Anja Müller! Have a nice day.wordycat

Virtual office Dashboard Projects Team rooms my Account

Marketplace

myProfile

Academy

Community

Dashboard Projects

Team roomsmy Account

Welcome to your virtual office!

4 open 2 closed

IBG Corp. Vitte Ltd. Happy Hotel

Upgrade My user data

Quotes Projects Billing

Page 6: Why start up? wordycat @ the startup panel at TLC2016

Finalist at the Falling Walls Lab 2013

our way towards wordycat was a great journey (so far…)

20142013

Freelance career Anja

2

20162015

Ph.D. project Marie1

6

2017

5

The idea: We need a fair marketplace

3

4

…plan our start-up & deal with

formalities…

8

…attend start-up events & trainings…

7

…check possible sources of finance

9

The first steps: Get professional

advice…

6

Start technical development

13

10

Launch wordycat community

14

Launch wordycat marketplace & collaboration

platform

15

First clients are coming!

12

Decision: continue w/

bootstrapping

11

Page 7: Why start up? wordycat @ the startup panel at TLC2016

to build a start-up means to learn something new – every day

7

1 Build a trusted team!

23

• Committed co-founders • Driven developers • Trustworthy tax consultants and lawyers

Plan as you go!• Do a market test asap • Think in small steps and follow a

big vision • Focus on your goals

Don’t be shy!• Talk to the people in your industry • Tell everyone in your personal

network about your business • Fail early, often, then move on

Page 8: Why start up? wordycat @ the startup panel at TLC2016

Anja Müller Founder & Managing Director

Language Professionals Relations [email protected]

! @anjamue

Thank you for your attention!

8

Dr. Marie-Luise Groß Founder & Managing Director

Business Clients Relations [email protected]

! @marieluisegross

Page 9: Why start up? wordycat @ the startup panel at TLC2016

wordycat.com facebook.com/hi.wordycat

! @hi_wordycat