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Poll: Do you intend to sell your business when you retire?
Thread poster: ProZ.com Staff

ProZ.com Staff
Local time: 00:11
SITE STAFF
Jun 1, 2011

This forum topic is for the discussion of the poll question "Do you intend to sell your business when you retire?".

View the poll results »



 

Sophie Dzhygir  Identity Verified
France
Local time: 09:11
Member (2007)
German to French
+ ...
No Jun 1, 2011

I don't believe it is "sellable".

 

Emma Goldsmith  Identity Verified
Spain
Local time: 09:11
Member (2010)
Spanish to English
No Jun 1, 2011

My business is me, so when I retire there won't be anything to sell.

 

Gianluca Marras  Identity Verified
Italy
Local time: 09:11
Member (2008)
English to Italian
other Jun 1, 2011

How can I sell myself?

 

Alexandra Speirs  Identity Verified
Local time: 09:11
Italian to English
+ ...
odd question Jun 1, 2011

considering our line of "business", we are nearly all freelance ....

 

Thayenga  Identity Verified
Germany
Local time: 09:11
Member (2009)
English to German
+ ...
How...? Jun 1, 2011

How can I sell my business when I'm not for sale?

 

James Heppe-Smith  Identity Verified
Germany
Local time: 09:11
Member (2010)
German to English

MODERATOR
Other Jun 1, 2011

It really depends. I plan to try to increase the size of my business, becoming more an outsourcer for some projects. This may become something that has value and could be sold.

As to my current freelance work, no - but then again, why retire?


 

cuinadelletres
Spain
Local time: 09:11
Member (2010)
German to Spanish
+ ...
The question is rather... Jun 1, 2011

...if we will be able to retire some day!

 

Gianluca Marras  Identity Verified
Italy
Local time: 09:11
Member (2008)
English to Italian
Good point Jun 1, 2011

cuinadelletres wrote:

...if we will be able to retire some day!


According to my income and the normal changing rules about retirement age and so on in Italy,
I am supposed to type and translate until I am 110 years old, then I can retire and I can have (please do not faint and do not be jealous..... € 600 a month, yes! six hundred and not per year! PER MONTH!!!!!
(Age is a joke, money is NOT!!)


 

neilmac  Identity Verified
Spain
Local time: 09:11
Spanish to English
+ ...
Other Jun 1, 2011

Am not sure if this kind of informal response is in line with the proz guidelines, but all I can say to this one is "LOL"...

 

Stephanie Mitchel  Identity Verified
United States
Local time: 03:11
French to English
Who retires? Jun 1, 2011

You'll pry my business from my cold, dead fingers.

Ha.

(I do intend to give a load of referrals to other translators, of course.)

Stephanie


 

Barbara Cochran, MFA  Identity Verified
United States
Local time: 03:11
Spanish to English
+ ...
Love Translation Too Much to Retire Jun 1, 2011

Unless my fingers get too arthritic to type on my keyboards, if my eyesight fails to the point I can't read what's on my monitor screen, or my mind grows feeble (not likely since my work is that of a translator), I love what I do too much to ever give it up.

[Edited at 2011-06-01 15:41 GMT]


 

Amandine Added  Identity Verified
United Kingdom
Local time: 08:11
Member (2010)
English to French
+ ...
No... Jun 1, 2011

As far as I'd like to retire some day, from what I heard and the evolution, I'm not that sure that when i'll get older there will still be a healthy pension system able to provide for us, so I intend to work as long as possible (after all as freelance it is our privilege - depending on our incomes and needs of course- to take a job or not). Maybe I will outsource more and try to enjoy old age but for the moment I do not have much to sale except myself and as Thayenga, Gianluca and Emma said, it'... See more
As far as I'd like to retire some day, from what I heard and the evolution, I'm not that sure that when i'll get older there will still be a healthy pension system able to provide for us, so I intend to work as long as possible (after all as freelance it is our privilege - depending on our incomes and needs of course- to take a job or not). Maybe I will outsource more and try to enjoy old age but for the moment I do not have much to sale except myself and as Thayenga, Gianluca and Emma said, it's going to be difficult to sell ourselves))
A friend of mine told me that finally I was kind of lucky because I can work as long as I want and no company will retire me to comply with legal requirements....
Collapse


 

Victoria Porter-Burns  Identity Verified
United Kingdom
Local time: 08:11
Member (2007)
French to English
+ ...
I am my business Jun 1, 2011

As a freelancer, without me there is no business to sell. 'Retirement' is still a long way off for me, but I don't have any plans to 'retire' as such - I'd like to keep going, if only doing the odd job here and there, for as long as I am mentally and physically able.

 

Hilary Davies Shelby
United States
Local time: 02:11
German to English
Nothing to sell... Jun 1, 2011

Same here. My business is my brain, so there's nothing to sell. A worn-out computer and an IKEA desk, perhaps!. If I retire, go senile or decide to change careers, I suppose it will just... disappear.

 
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