Houston Entrepreneur Starts Business In Language Translation

Ludmila Golovine is the founder, president, and CEO of MasterWord Services, Inc., a global language services provider specializing in translation, interpreting, and training.

(Photo Courtesy of Ludmila Golovine)

(Photo Courtesy of Ludmila Golovine)

What is your educational background?

“I have a Bachelor of Business Administration with majors in finance and entrepreneurship from the University of Houston. I was very lucky to have graduated from the very first class of the Center for Entrepreneurship and Innovation program, currently known as the Wolff Center for Entrepreneurship, that taught us how to create and operate our own businesses. To this day, I remain grateful for the lessons, opportunities, and for being part of a supportive community that embraced and expanded my horizons while I was at the University of Houston.”

What do you do?

“I am a founder, president and CEO of MasterWord Services. What started as homework assignment in 1993 became a real company and a lifetime journey of connecting people across language and culture. In 1993, I incorporated MasterWord Services (while still a student) and opened the doors to my 24/7 company. Today, we have 140 full-time employees and 13,500 translators and interpreters, working in 250 languages across 50 countries. We are a part of bringing change to the language industry through embracing mindfulness, technology, and promoting accreditation and training especially for the languages of limited diffusion.”

How does your education help you in your job?

“My degrees in finance and entrepreneurship were key in starting, developing, and growing a business. My education taught me that it was incredibly important to plan (we do annual and five-year business plans at MasterWord Services) and that no matter what happens you can succeed if you work hard. I learned to continually re-evaluate business strategy and not be afraid to put myself outside of my comfort zone. This knowledge allowed me to set the company apart from the competition; we expanded into markets beyond our initial focus of supporting companies in the energy sector to also include health care, government, education, law, and finance.”

Richard Carranza is a reporter from the Houston, Texas area and published his first work in 1990. His education includes a bachelor of arts in chemistry from Cornell College, master of science in chemical engineering from Texas A&M University, and a masters of business administration from the University of St. Thomas in Houston, Texas. In addition to writing, Richard is involved in the design of petroleum refineries, petrochemical plants, oil/gas facilities and ethanol plants. He also carries out writing assignments for publications like Chemical Processing Magazine, Maritime Executive Magazine and Chemical Online.

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