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How to Earn $5,000 per Month as a Transcriptionist

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I used to lay awake at night wondering who was going to watch my kids from one week to the next while I worked. Daycare is so expensive… and how could we entertain the idea of having another baby when we were beyond stressed about our current childcare system.

I felt like I was stuck in a tunnel with no light at the end.

But I did find my light.

After finding my light, I quit my office job last July, became a full-time mompreneur, and have never looked back.

Working exclusively at home has completely changed my life and my family’s life. I’m able to work according to my schedule and spend time with my children. There are no more commutes, bad lunches, work attire, employee meetings, etc.

“Maia, how were you able to leave your office job?” people often ask me. And I love telling them over and over again, it’s all about skills — ones you have and ones you can learn to have.

Learn new skills to solve problems, and you’ll get paid. Simple as that.

And a high, in-demand skill that you may not be aware of to get you paid is transcription.

This post may contain affiliate links. For more information, please read my disclosure.

What is transcription?

Transcription is the art of listening to speech and converting it into written text. Transcription is about so much more than just typing words quickly. It requires great skill to translate your clients’ words into proper text with correct grammar and punctuation.

Where can you learn this in-demand skill?

Janet Shaughnessy teaches two incredibly awesome transcription courses: General Transcription: Theory & Practice™ and Legal Transcription: Theory & Practice™.

General transcription is the practice of transcribing from audio and video files for all different types of industries, such as academia, marketing, interviews, films, among others. Legal transcription requires all of the skills necessary as a general transcriptionist with the added knowledge of legal terminology and documentation.

Janet knows her stuff. She began working from home as a medical transcriptionist in 2007, later branching out into general and legal transcription and forming her own company, Zoom Transcription Services.

She’s also closely affiliated with my mentor Caitlin Pyle who runs the highly successful Proofread Anywhere website.

How much does it cost?

The general transcription course is currently $597. The legal transcription course costs $697, and both courses together are available for a discount at $1097. Janet also offers pay-as-you-go options to help break up the cost of tuition.

Trust me that these figures are a steal considering what you’ll learn to earn up to $5,000 a month.

That’s an incredible return on investment!

Do you really need a course to teach you transcription?

Providing general transcription services requires much more than the ability to type. In addition to typing, you will need to be proficient in working with online files and software programs. You will need to have a good ear with the ability to focus when working in a non-traditional (i.e., home) environment. You will need to have a well above average mastery of English grammar and punctuation. You will need to be customer focused and self-disciplined.

Producing quality transcription work is about so much more than typing. Skipping steps and focusing on just making money is foolish and will kill your work-at-home goals. Invest in quality education like this one so you don’t lose clients and ruin your reputation.

Are you a good fit for transcription?

There’s a lot of information on the Internet claiming anyone can become a transcriptionist; all you need are fast typing skills. Yes, I suppose anyone can become a transcriptionist but not anyone can become a successful transcriptionist.

I could become a chef, but trust me, I wouldn’t be a good one. 😉

Transcription is not a good fit for everyone. It not only requires fast typing skills but self-discipline, above-average grammar and punctuation skills, an eye for detail, patience and the ability to sit for long periods of time.

Will you be able to find clients as a transcriptionist?

Oh, hells yeah! The course equips you with ALL the tools and resources to master the skill THEN find your clients!

Check out these success stories if you need more proof.

How much money can you make as a transcriptionist?

The average median annual income for a general transcriptionist is currently $45,000. Legal transcriptionists can earn around $60,000. Of course, if you start your own business and hire subcontractors while working as a project manager yourself, your income can grow well beyond these figures.

How can you get started?

Making the change from employee to freelancer/entrepreneur can be scary but trust me that it will be the best decision you ever made. The freedom is completely life-changing. I understand you may be on the fence about this course so my advice would be to enroll in the FREE intro course and get your feet wet before diving in.

Invest in yourself and trust yourself to do more and be more so you can live your best life.

If you found this post helpful, please share and pin it to your work-at-home ideas Pinterest board!

Editor’s Note: This post was originally published in June 2018 and has been updated for accuracy and comprehensiveness.