This document summarizes research on freelance translators and entrepreneurship. It discusses how translator studies examines translators, not just translations. The researcher previously studied how the social web impacts freelance translators' social networks. Most translators work freelance and are considered entrepreneurs, taking risks to start and run businesses. The document outlines the stages of starting a translation business from graduation to running the business. It identifies factors that promote and hinder starting a translation business, and discusses how internet-enabled entrepreneurship has had both positive and negative effects. The researcher proposes future study of how nascent translators' choices of professional associations versus online communities affect their industry entry and social norms.