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

Summary

This 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.