GoTranscript Review + Guidelines Explained (2025 Tutorial)

Summary

This video provides a step-by-step guide on how to earn money from home as a transcriptionist using platforms like GoTranscript. It explains the transcription process, including passing a typing test, proofreading automated transcripts, and working with audio or video files. The video highlights flexible hours, competitive pay, and opportunities for growth, including captioning, subtitles, and multilingual projects. It also emphasizes expanding to multiple platforms for more job opportunities and demonstrates how combining transcription with video editing can significantly increase earnings. Overall, it’s a practical roadmap for beginners to start a profitable side hustle from the comfort of home.

Takeaways

• 💻 You can make money from home by transcribing audio or video files on Gotranscript.com, even as a complete beginner.
• ⌨️ A typing test on typingtest.com is required to assess your typing speed and accuracy, which is crucial for transcription success.
• 📈 A typing speed above 50 words per minute is recommended, with 70+ words per minute considered professional-level.
• 📝 The transcription job primarily involves proofreading automated transcripts rather than typing everything manually.
• 💰 Gotranscript.com pays competitive rates, around $0.60 per audio/video minute, with potential monthly earnings of $200–$1,200.
• 🌍 Jobs are available worldwide, supporting multiple languages and payment methods like PayPal and Payoneer.
• 🕒 Freelance flexibility allows you to choose projects and work hours freely without strict schedules.
• 🌐 Expanding to multiple transcription platforms like TranscribeMe and Rev can increase job opportunities and earnings.
• 🎥 Advanced opportunities include captioning videos and combining transcription with basic video editing to charge higher rates.
• 🚀 Developing skills on transcription platforms can open doors to higher-paying gigs, especially if you offer engaging captions similar to popular content creators.

Q & A

What is the main platform discussed in the video for starting a transcription side hustle?

The main platform discussed is GoTranscript.com, where users can get paid to transcribe video or audio files from home.

What is the first step recommended before starting transcription work on GoTranscript?

The first step is to take a typing test on TypingTest.com to measure your typing speed and accuracy, which is crucial for becoming a successful transcriptionist.

What typing speed is considered sufficient to start transcription work effectively?

A typing speed above 50 words per minute is considered good, while speeds above 70 words per minute are considered professional-level.

How much does GoTranscript pay per audio or video minute for transcription work?

GoTranscript pays up to 60 cents per audio or video minute for standard transcription work.

What is the main task involved in a transcription job on GoTranscript?

The main task is to receive an audio or video file, review an automated transcript, and correct it to ensure it accurately reflects the spoken content.

Besides transcription, what other services does GoTranscript offer?

GoTranscript also offers captioning/subtitling services and translation gigs for multiple languages, which can often pay more than standard transcription.

How can freelancers maximize their earnings in transcription work?

Freelancers can maximize earnings by joining multiple platforms like TranscribeMe and Rev.com, taking on jobs from different sources to increase work opportunities.

What advantage does captioning in a specific engaging style offer?

Creating engaging captions, like those used by popular content creators, can allow freelancers to charge higher rates for their services, especially if combined with basic video editing skills.

How often are payments issued on GoTranscript, and through which methods?

Payments on GoTranscript are issued weekly, typically on Fridays, and can be received via PayPal or Payoneer, depending on the user’s location.

What is the recommended progression for someone starting with transcription on GoTranscript?

Start by completing transcription jobs to build skill and experience, then move on to captioning, and eventually consider adding video editing to offer higher-value services.

Can someone without English as their first language work on GoTranscript?

Yes, GoTranscript supports multiple languages including Arabic, Dutch, German, Japanese, and others, allowing non-native English speakers to participate.

Why is it suggested not to rely on a single platform for transcription work?

Relying on a single platform may limit job availability, so joining multiple platforms ensures a steadier stream of work and better earning potential.