Make $30/HOUR Doing Online Transcription Jobs From Home Worldwide (NO EXPERIENCE)

Ted Gets Bread
21 Jul 202214:27

Summary

TLDRThis video script discusses the lucrative potential of online transcription work, highlighting five platforms where individuals can earn money by transcribing audio and video content. It outlines the process, pay rates, and the flexibility of working as a transcriptionist, emphasizing the ability to work from home at one's own pace. The platforms covered include Rev.com, CrowdSurf, Speechpad, GoTranscript, and 3Play Media, each with their pros and cons, catering to English and, in some cases, Spanish speakers. The script provides insights into the earning potential, application process, and unique features of each site, encouraging viewers to explore transcription as a viable work-from-home opportunity.

Takeaways

  • 😀 Transcription jobs allow individuals to earn money online by converting audio or video content into text.
  • 🔍 Transcription companies connect people needing transcription services with transcriptionists who type up the content they provide.
  • 💰 Professional transcriptionists can earn up to $300 a week, depending on their skill and the platforms they use.
  • 🌐 Many transcription jobs are open to international applicants as long as they can speak English and have a reasonable typing speed.
  • 🏠 Transcription work can be done remotely from home, requiring only a laptop and internet connection.
  • 🕰 Transcriptionists set their own pace and do not need to adhere to a strict work schedule or interact with clients directly.
  • 📝 The transcript discusses five different websites where individuals can sign up to become transcriptionists: rev.com, crowdsurfwork.com, speechpad.com, gotranscript.com, and 3playmedia.com.
  • 💼 Rev.com is highlighted for its flexibility and weekly PayPal payments but has a competitive application process and may take months to accept new transcriptionists.
  • 📉 Crowdsurfwork.com is praised for its quick acceptance rate but criticized for its lower pay range and competition with Amazon Mechanical Turk workers.
  • 📈 Speechpad.com offers a higher pay range but also competes with Amazon Mechanical Turk workers and may close applications when they have too many workers.
  • 💷 Gotranscript.com provides a middle to lower end pay range but offers both PayPal and Payoneer payment options and accepts international applicants.
  • 🏆 3playmedia.com is considered one of the best transcription sites, with some transcriptionists earning up to $50 an hour, but it may have less available work due to higher pay rates.
  • 📝 The transcript emphasizes the importance of English comprehension and typing speed as key skills for transcriptionists.

Q & A

  • What is a transcriptionist and how do they make money?

    -A transcriptionist is a professional who converts audio or video content into written text. They make money by working with transcription companies that connect them with clients who need their content transcribed. The transcriptionist types up what they hear and sends it back to the client, getting paid for their work.

  • What are the requirements for becoming a transcriptionist?

    -To become a transcriptionist, one typically needs to have a good understanding of English, a reasonable typing speed, and the ability to comprehend and accurately transcribe spoken content. Experience or specific skills are not always required, but they can be beneficial.

  • How much can a professional transcriptionist earn per week?

    -According to the script, some professional transcriptionists can earn upwards of $300 a week, depending on the volume and complexity of the transcription work they undertake.

  • What are the advantages of transcription jobs mentioned in the script?

    -The advantages of transcription jobs include the ability to work from home, no need to interact with anyone, no requirement for a set schedule, and the opportunity to work at one's own pace.

  • What are the top five transcription websites mentioned in the script?

    -The top five transcription websites mentioned are rev.com, crowdsurfwork.com, speechpad.com, gotranscript.com, and 3playmedia.com.

  • What is the payment rate for transcriptionists on rev.com?

    -Transcriptionists on rev.com can earn between 30 cents to $1.10 per audio/video minute they transcribe, although the rate may vary depending on the complexity of the job.

  • How does the payment process work on crowdsurfwork.com?

    -Crowdsurfwork.com pays transcriptionists between 3 cents to 20 cents per media minute, and they get accepted into the platform fairly quickly compared to other sites.

  • What is the earning potential for transcriptionists on speechpad.com?

    -On speechpad.com, transcriptionists can earn anywhere from 25 cents to $2.50 per minute of transcription, with the higher end being less common.

  • What are the payment options for transcriptionists on gotranscript.com?

    -Gotranscript.com offers payment options through both PayPal and Payoneer, accommodating a wider range of preferences and locations.

  • What is the earning potential for transcriptionists on 3playmedia.com?

    -Transcriptionists on 3playmedia.com have reported earning between $50 daily to as high as $50 hourly, with some long-term workers reporting an average of around $20 an hour.

  • What are some common cons or downsides of working with these transcription websites?

    -Some common cons include competition with other workers, especially on platforms that also hire from Amazon Mechanical Turk, limited work availability due to higher pay rates, and the potential for slower acceptance into the platform due to high demand.

Outlines

00:00

📚 Becoming a Transcriptionist: Earning Money Online

The video script introduces the concept of transcription as a way to earn money online. It explains that transcription involves converting audio or video content into written text, typically through companies that connect transcriptionists with clients needing their content transcribed. The speaker mentions that this job does not require extensive experience or skills, just a good grasp of English and reasonable typing speed. The video will discuss five different websites where viewers can start transcription work, highlighting the pros and cons, and the average pay for each site.

05:00

💼 Pros and Cons of Transcribing with Rev.com

The script discusses Rev.com as a popular platform for transcription work. It highlights that transcriptionists can earn between 30 cents to $1.10 per audio/video minute, with the potential to make a reasonable hourly rate if they transcribe efficiently. The pros include flexible work schedules, weekly payments via PayPal, and the ability to work from home. However, the cons are that payments are exclusively through PayPal, which might be a limitation for some, and there can be a delay in acceptance due to the high demand for remote work opportunities.

10:01

🌐 Crowdsurfwork.com: A Platform for Short Audio/Video Transcription

Crowdsurfwork.com is introduced as a platform that offers transcription work with a focus on shorter audio or video clips. The payment ranges from 3 cents to 20 cents per media minute, which is on the lower end compared to other platforms. The site allows international work, which is a significant advantage. However, the user interface is criticized as being difficult to use, and transcriptionists compete with workers from Amazon Mechanical Turk, which can lead to lower earnings. Crowdsurfwork.com also has a reputation for closing applications when there are too many workers on the platform.

💬 Speechpad.com: Earning Potential and Payment Frequency

Speechpad.com is presented as a transcription site with a high earning potential, offering rates from 25 cents to $2.50 per minute. The site allows flexible working hours and pays twice a week, which is more frequent than some competitors. However, payments are exclusively through PayPal, which might be a drawback for some. Like Crowdsurf, Speechpad also hires workers from Amazon Mechanical Turk, leading to increased competition and potentially lower earnings. Additionally, the site may close applications when there are too many workers, making it difficult to join during peak times.

🌐 GoTranscript.com: International Opportunities and Payment Methods

GoTranscript.com is highlighted for its international opportunities and its payment methods, which include both PayPal and Payoneer. The site offers rates up to 60 cents per minute, and the script mentions that average earnings per month can range from $150 for casual work to over $1,200 for more active transcriptionists. The site is known for accepting workers from various countries and languages, making it a diverse platform. However, the script does not discuss specific cons for this platform.

🏆 3PlayMedia: High Earnings Potential and Quick Acceptance

3PlayMedia is presented as the top transcription site, with some users reporting earnings of $50 daily or even $50 per hour. The site offers a quick application process and pays weekly. It allows transcriptionists to work in English or Spanish, catering to two of the most popular languages. The cons include less work availability due to higher pay rates, which can deter some clients. Despite this, the site is praised for its high earnings potential and the ability to get accepted quickly into the platform.

Mindmap

Keywords

💡Transcriptionist

A transcriptionist is a professional who converts spoken language into written form. In the context of the video, this role is central to the theme as the video discusses various platforms where individuals can work as transcriptionists to earn money online. The script mentions that transcriptionists are responsible for typing up audio or video content into text, which is a key aspect of the discussed online job opportunities.

💡Transcription Companies

Transcription companies are organizations that connect clients who need their audio or video content transcribed with transcriptionists who can perform the task. The video script highlights these companies as intermediaries that facilitate the transcription process, providing work opportunities for transcriptionists and serving clients who require their content to be converted into text.

💡Online Work

Online work refers to jobs or tasks that can be performed over the internet, without the need for physical presence in an office. The script emphasizes the flexibility and convenience of online work, particularly transcription jobs, which allow individuals to earn money from home or any location with internet access.

💡English Comprehension

English comprehension in this context refers to the ability to understand spoken English. The video mentions that a reasonable level of English comprehension is necessary for transcriptionists, as they need to accurately transcribe audio or video content in English. This is a key skill for those interested in transcription jobs.

💡Typing Speed

Typing speed is the rate at which a person can type text accurately on a keyboard. The script notes that a 'reasonable amount of typing speed' is important for transcriptionists, as it directly affects the efficiency and productivity of their work, translating to the amount of content they can transcribe within a given time frame.

💡Work from Home

Work from home is a flexible work arrangement where employees perform their work outside of a traditional office environment. The video script promotes transcription jobs as an example of work-from-home opportunities, emphasizing the lack of need for commuting or office interaction, and the ability to set one's own pace.

💡Pay Rate

Pay rate refers to the amount of money an individual earns per unit of work, often calculated per minute or hour of transcription in this context. The script discusses various pay rates offered by different transcription platforms, which is crucial for understanding potential earnings and comparing different job opportunities.

💡International

International in the video script refers to the global scope of transcription work, indicating that many transcription platforms accept workers from around the world, provided they have a good command of English. This highlights the accessibility of transcription jobs to a wide range of individuals, regardless of their geographical location.

💡Transcription Jobs

Transcription jobs are specific tasks where transcriptionists are paid to convert spoken content into written form. The video script provides an overview of different websites offering transcription jobs, discussing the pros and cons of each, and providing insights into the average pay and requirements for these jobs.

💡Flexibility

Flexibility in the context of the video refers to the ability to work at one's own pace and on one's own schedule. The script emphasizes the flexible nature of transcription jobs, allowing transcriptionists to work when they want and avoid the constraints of traditional 9-to-5 work schedules.

💡Rev.com

Rev.com is one of the transcription platforms mentioned in the script. It is highlighted as a classic place for transcriptionists to find work, with a pay rate of $1.50 per minute of audio or video transcribed. The script provides details about the application process, pay rates, and the benefits of working with Rev.com, such as weekly payments via PayPal.

Highlights

Transcriptionists can earn money online by transcribing video or audio into text.

Transcription companies connect you with people needing transcriptions.

Professional transcriptionists can earn up to $300 a week.

Transcription jobs are available internationally for those who speak English.

No specific experience or skill is needed, just English comprehension and typing speed.

Transcription allows for flexible work schedules and working from home.

Transcriptionists can work at their own pace without set schedules.

Rev.com is a popular platform for transcriptionists, offering $0.30 to $1.10 per audio/video minute.

Rev.com pays weekly via PayPal, but new applicants might face longer acceptance times.

Crowdsurfwork.com offers short transcription tasks and pays $0.03 to $0.20 per media minute.

Crowdsurfwork.com has a quick acceptance process but users may find the interface challenging.

Speechpad.com pays $0.25 to $2.50 per minute and pays twice a week via PayPal.

Speechpad.com may have limited application periods and competes with Amazon Mechanical Turk workers.

GoTranscript.com pays up to $0.60 per minute and offers both PayPal and Payoneer payment options.

GoTranscript.com shows average earnings and has a wide range of languages for transcription.

3PlayMedia is considered one of the best transcription sites, with some earning $50 daily or even hourly.

3PlayMedia offers quick application acceptance and pays weekly.

3PlayMedia might have less work available due to higher pay rates and higher charges for transcriptions.

Transcripts

play00:00

did you know that you can make good

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money online by just writing stuff on

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your computer and no i don't mean being

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a content writer or being a freelance

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writer or even writing a book none of

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those things i'm talking about being a

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transcriptionist now what a

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transcription is for those of you who

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don't know how it works well there are a

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bunch of transcription companies out

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here they're trying to connect you with

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other people who are trying to get their

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video or audio transcribed into text and

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so what they'll do is that they'll send

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over to you that video or text that they

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want transcribed then it's your

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responsibility the transcriptionist to

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type up what you hear and what they say

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and send it back to them and obviously

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this is exactly how you make money in

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the end with a transcription company

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paying you out for your hard work i've

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actually read that there's some pro

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transcriptionists out there that are

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making upwards of 300

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a week doing transcription jobs on some

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of these websites and the great thing

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about these transcription jobs are that

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a lot of them are accepting people

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internationally as long as you can speak

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english and chances are if you're

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watching this english speaking video i'm

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pretty sure you can speak english some

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other great things are that these jobs

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are jobs that you can do working from

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home you just need a laptop typing this

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stuff up you also don't have to interact

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with anyone at all you don't have to get

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into a stupid zoom call with a boss or

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anything like that you also don't need

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much experience or skill just mostly

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english comprehension and a reasonable

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amount of typing speed and my favorite

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pro of transcribing is that you can work

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at your own pace you're not on a

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schedule or anything so you don't have

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to check in or check out of work now

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given that info today we're going to be

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going over five different websites where

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you can go and start becoming a

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transcriptionist on and make money

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writing stuff up for other people we're

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gonna be going over some of the pros the

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cons and what your average pay is gonna

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look like on each of these different

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websites so let's get into it now number

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five on our list is going to be rev.com

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one of the classic places to either get

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your audio transcribed or become a

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transcriptionist to transcribe other

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people's stuff you're gonna see on the

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main page of rev that they're actually

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trying to capture the audience of people

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who want to get their stuff transcribed

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and captioned and they're charging

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people one dollar and fifty cents per

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minute now this is actually a really

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fantastic rate to get for a

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transcriptionist to earn but of course

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you're not actually going to get exactly

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one dollar fifty cents per minute of

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transcribing let's see how much you'll

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actually be getting from rep so if you

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scroll all the way down to the bottom of

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the page it's going to be a little

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tricky to find but let's go all the way

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to the bottom and you can actually see

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that you can become a freelancer by

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going all the way to the bottom and

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clicking this become a freelancer button

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so click on this and here's where it

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should show you where you can actually

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sign up to get paid to work for these

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guys as you can see like i mentioned

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before they're really highlighting being

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able to create your own flexible work

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schedule which is something that i

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mentioned earlier

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where you're working at your own pace

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and you don't have a schedule or

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anything and you don't have to clock in

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and out of work so i love that they

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highlighted it here they also mentioned

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that you get paid weekly and you get

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paid out in paypal too which is good

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enough for me you can sign up right here

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but if we actually keep scrolling down

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further we can see that over here we can

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check out how much range of pay we're

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actually going to be getting for working

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these jobs as a transcriptionist we can

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earn from 30 cents to one dollar and 10

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cents per audio slash video minute that

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you transcribe let's do some quick math

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over here on the high end of pay for one

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dollar and 10 cents if you're fairly

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slow at transcribing and you can only

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transcribe about 10 minutes while

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working for 60 minutes that means your

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hourly rate of pay will be about 10 to

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11 dollars an hour which is fairly

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reasonable but if you get better and

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better at transcribing eventually you

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might be able to hit around 15 to 20

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minutes of transcribed audio or video

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per 60 minutes that you worked and at

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this level of skill you can be earning

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around 16 an hour or more which is

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really fantastic you can check out over

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here that the lower end of captioner

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actually pays a little bit higher

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specifically because they're asking a

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little bit more of you like for example

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you need to be able to convey sounds and

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sync audio with video as well so let's

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talk about some pros and cons for

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rev.com like i mentioned earlier they

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pay out in paypal but they only pay out

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in paypal which can be a very big con

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for a lot of people out here and i've

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also heard from many people that's

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because there's so many new people

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looking for work from home jobs nowadays

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it actually takes a little bit longer

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for new people to get accepted into the

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rev program so i've heard some reports

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from people that if you apply right now

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it could take months for them to get

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back to you and tell you that you've

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been accepted to work for rev i've seen

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both good and bad notes but overall i've

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seen that rev is a pretty good place to

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make some steady income where most

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people are able to make at least a few

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hundred dollars a week while

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transcribing now number four on our list

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is crowdsurf or crowdsurfwork.com

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now crowdsurf is actually a place where

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you can transcribe but they'll make it a

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little bit easier for you typically by

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giving you a more casual form of

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transcribing and what i mean by this is

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that they're going to give you very

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short audio or video to transcribe so

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you don't have to go through a long

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process of transcribing something super

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huge you can see on their website it

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actually shows you the perspective of

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being a transcriber and to join with

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them so you don't have to go through and

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find where the application is it's very

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simple you can either get started in the

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united states or canada or

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internationally and this is one of the

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super huge pros of this website you can

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indeed do this work internationally so

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it means you can be almost anywhere in

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the world and still work with

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crowdsurfwork.com

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however you still need to be fairly

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proficient at english because english is

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their primary language over here which

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they want transcribed and of course your

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typing speed is going to be very

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essential too if we go to the

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application page for being in the us or

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canada we can see that the payment

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ranges from 3 cents to 20 cents per

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media minute so as you can see right

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here the payment is actually a little

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bit on the lower end especially compared

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to the site that we mentioned earlier

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called rev however where crowdsurf

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actually excels is that on crowdsurf you

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actually get accepted into working with

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them fairly quickly and typically much

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faster than if you were applying on rev

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you can get started making money much

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faster bringing it back to the cons and

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the negatives about using crowdsurf a

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lot of people don't like the user

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interface and they think that it's

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really poor and hard to use the website

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additionally and this is a very big big

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part is that if you're working for

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crownsurf you're actually competing with

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people who are working on amazon mturk

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amazon mechanical turk and the reason

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why this is important is because

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crowdsurf actually hires people out from

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amazon mechanical turk as well so if the

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people on this website complete the jobs

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before you you're actually going to have

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less things to transcribe on your end

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and make less money in general competing

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with other workers out here is never

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good in my opinion it always results in

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lower pay for everyone so that's why

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this is a huge con of crowdsurf in

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general though some people consider

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crowdsurf as one of the best

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transcription sites that they've ever

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used moving on at number three on our

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list is speechpad.com

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you can see on the website it shows you

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the perspective of being a buyer instead

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they got a lot of information on their

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website but we're actually going to want

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to go ahead and if we want to apply to

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be a transcriber a transcriptionist we

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go all the way down to the bottom and

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you see this interested in being a

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transcriber learn more about our team so

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click on that and you can see that you

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can earn anywhere from 25 cents to 2.50

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per

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minute that you transcribe so the higher

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end that they're telling us is

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very fairly high actually over here of

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course the probability of all those jobs

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being on the higher end is not going to

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be very high but it's still a very

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positive note to mention over here

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similarly to rev and a bunch of these

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other websites that are going to be

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mentioned they're going to really try to

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reel you in by saying you know you can

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work whenever you want because it is

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such a huge pro of transcribing for

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these people out here contrary to these

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other websites however you are getting

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paid twice a week but this is much

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faster frequency than other websites but

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they will only be paying out through

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paypal exclusively so if you think

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that's a con because you don't have a

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paypal in a certain restricted country

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i'm sorry this website might not be for

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you some other cons about speech pad are

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that they actually are also in the same

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conundrum as crowdsurf where speechpad

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hires people from amazon mechanical turk

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as well so you're going to be competing

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with a larger pool of employees

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additionally speechpad is one of those

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companies out here that also completely

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close off their applications if they

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just simply have too many workers on the

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platform so if you're coming onto the

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website in the wrong season there's a

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very good chance that you may not even

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be able to apply to speech pad at all

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unfortunately number two on our list is

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going to be go transcript at go

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transcript dot com they have a very nice

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minimum website over here but similarly

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to most of these websites they're trying

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to market to the people who want

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transcripts for their video or audio so

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what do we have to do again we're

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scrolling all the way down over here so

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finally we can see

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the

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join us as a transcriber if we scroll

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down over here we can see some fantastic

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statistics that they're going to give us

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you can check out that they pay up to 60

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cents per video or audio minute that we

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transcribe so this again is slightly in

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the middle to lower end range of

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transcriptionist payment however i think

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it's really fantastic that

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gotranscript.com

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shows us the statistics of how much

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people usually on average earn per month

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and at the highest end of earners as

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well so you can see that people on

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average are earning 150 dollars per

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month with go transcript just doing this

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thing casually but the people who are

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really actively working on go transcript

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can be making up to a thousand two

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hundred dollars with this website that's

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pretty cool go transcript does actually

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pay through both paypal and payoneer so

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your bases should be covered on payment

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and they accept people from all

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different kinds of places this is a

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website that accepts people

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internationally and why is that well

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it's because they have a bunch of

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different languages over here where they

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need transcriptions for so if you're not

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in the united states you should still be

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able to work with this company and make

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a fair bit of money now for number one

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on our list i'm fairly certain i've

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saved the best for the last because this

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is probably one of the very best

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transcription sites that i've found out

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here i've seen a lot of reports of some

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people saying that they've casually made

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50 dollars daily using this site but

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then there's some veteran people out

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here that are saying some

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transcriptionists are making twenty to

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fifty dollars an hour using this website

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that's pretty huge money folks so on the

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three play media websites again it's

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gonna be tailored to people who want

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their stuff transcribed but if you want

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to actually apply to be a

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transcriptionist a transcriber go ahead

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and scroll all the way down the trick

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that we do all the time and there's

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nothing very obvious that you can see on

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the screen but you can click on this job

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section actually and then click on the

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freelance transcriptionist job some

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really cool things you can see over here

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is that you can actually be either an

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english transcriptionist or a spanish

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transcriptionist two of some of the most

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popular languages out there though

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although they don't have as many

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languages as go transcripts they at

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least have two very huge ones a big pro

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of using a website like this and one of

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the reasons why i consider this as one

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of the best transcriptionist sites i've

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actually found is simply because it

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typically pays much higher than a lot of

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the other sites on here like i mentioned

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earlier there are some people making

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fifty dollars daily or even fifty

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dollars hourly using this website some

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people working for them for fairly long

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amounts of time have actually reported

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that they could earn around twenty

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dollars an hour while working with this

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website and additionally you also get

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paid weekly which is fairly standard as

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seen with some of the other

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transcriptionist websites out here

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another pro of 3play media as well is

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that you can get accepted fairly quickly

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into working with them the application

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process takes around 15 to 20 minutes

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and after that they should be able to

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see if you're a good fit with them let's

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talk about the cons however although i

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did say that this is probably one of the

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better sites on this list there are some

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points to make note of one huge glaring

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con of this website is that there is

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actually slightly less work on here than

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other websites the reason for this being

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that because they pay you guys more the

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transcriptionist they also have to

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charge the people who want their stuff

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transcribed higher as well and because

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they charge other people higher they end

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up getting slightly less business so

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that's a trade-off of getting paid

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higher on this website sometimes you

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won't get as many jobs as you'd want by

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the way folks if you guys appreciated me

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compiling this list for you guys and

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being super transparent about the pros

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and cons of each of these websites i

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definitely appreciate a like on this

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video and if you want to see more stuff

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like this in the future you should

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definitely subscribe to my channel if it

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seems like you don't really enjoy things

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as much anymore as you grow older i

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highly urge you guys to find joy in

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making some fun money okay let's get on

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that grind people with that said my name

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is ted and let's get this bread

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