How To Work From Home Doing Transcription Work - Entrepreneur Onliner

Enjoy A Steady Stream Of Income From Home
Even During A Recession!

Date: Tuesday, November 27, 2012
From: Lisa Taliga, Virtual PA
Author of "Transcription Work From Home! How To Make A Full-Time Income From Home As A Transcriptionist"
Hello and thanks for stopping by!
If you've landed on this page, you're likely to be at least one of the following:

• Bored with your job and wondering if there's a way of making money from home
• Frustrated that you have to go to work when you'd rather stay at home with your family
• Disillusioned at the 'work at home opportunities' that you've explored so far, which seem to be just scams
• Out of work and struggling to find a job
• In work but worried you're going to be made redundant
• Looking to make extra money from home

Working from home is a desire many people have. Imagine commuting to your office in less than one minute. You can stay in your pyjamas for the morning too. No more rushing around in the morning trying to find the right pair of shoes to wear with your outfit. In fact, shoes will now become optional!
Then there's the lifestyle that working from home gives you. The freedom to schedule your work around your life, not the other way round.
How many times have you had to miss out on activities for your children because you couldn't get the time off? How many times have you gone to work sick because you didn't have any more sick leave you could use or because you didn't want to upset the boss?
Wouldn't it be great to make money from the comfort of your own home?
Have you ever felt that there must be more to life than the daily grind? Sure, you're working to make money, but when do you ever get to enjoy it?
If you've had to work holidays or weekends before now, this is your chance to work when you want to, not when you have to.

In 2001, I Was Bored, Frustrated And Disillusioned With The Work-A-Day Treadmill

In 2001, I was a bored, frustrated, disillusioned 9-to-5 secretary wondering how I could get off the work-a-day treadmill. There didn't seem to be any time to enjoy life. I spent 2 hours of my day commuting to work and 8 hours in the office every day.
When I got home in the evening I was too tired to do anything but lie on the couch and watch mindless TV.
When my precious weekends came along, I spent Saturday catching up on household chores and food shopping.
Sunday should have been a day for resting, catching up with friends, and just allowing myself to 'be'. However I usually found myself thinking about Monday and the working week ahead, no matter what I happened to be doing on Sunday!
My boss was nice enough but I didn't like being told what to do and when to do it. I also didn't like having just 2 weeks holiday a year.
It's not as if I didn't like work itself. I just wanted more freedom in my life, more control over when to take holidays, when to take days off, when to actually do my work.
However, like most of us, I had a mortgage and bills to pay. I couldn't just quit my job and opt out of the rat race. I also knew that getting a new job wouldn't solve the problem. It would just be the same thing, in a different place!
Another thing that bothered me was my job security. I was under no illusion that my job was safe. I could have been made redundant at any time with no other income to fall back on. It's no wonder that the word 'JOB' stands for 'Just Over Broke'.

I Read A Newspaper Article AboutTranscription Work From Home

One day I happened to pick up a newspaper and spotted an article about people working from home providing secretarial services online. I immediately realised that this was the solution I had been hoping for. I set about learning everything I could about this business in my spare time.
To cut a long story short, after much trial and error I figured out how to set myself up to work at home. I started out by offering transcription services (for those of you who are not familiar with transcription, it's simply typing words from an audio file into a document).
I kept my full-time office job while I got my first few clients. After a while I went part-time, working outside the home 3 days a week. When I had enough transcription work online, I was able to quit my office job and work from home full-time.
Today, I provide lots of different services from home as a Virtual Assistant and earn a full-time income working part-time hours.
However, there's absolutely no need to provide lots of different services in order to earn a full-time income from home. I just like to have a lot of variety in my daily life. It's more than possible to specialise in one service such as transcription or typing and still earn a full-time income. Alternatively, you may just want to earn a supplementary income working just a few hours a week, to bring extra money into the household. It's totally up to you.

Multiple Streams Of Income -
Not Dependent On One Employer

As a transcription business owner, your income is not dependent on one single employer, unlike a 'normal' job. With a traditional job, one month you could be earning an income but if your employer decides they don't need you any more, you have no income at all.
With a transcription business, you have multiple clients, so if one of them no longer needs your services, you simply replace them with another client.
If you're wondering how much I charge for my services, my hourly rate is between $35 - $45 per hour. The costs of running this type of business are very low, which means I earn a very good income.

A Recession-Proof Business

So what happens in times of a recession? Is it still a good idea to become a work at home transcriptionist? The fact is, in spite of a recession, there are countless businesses that are still continuing to operate. Not only are they still operating, some are very successful indeed.
The media hardly ever mentions the numerous businesses that are growing and becoming even more successful during the recession. That's because negative headlines are more newsworthy than positive ones.
There will always be a need for transcriptionists. It's also more cost effective for companies to outsource this type of work rather than have it done in-house.
Freelance transcriptionists are proving to be a godsend in times like these and will continue to be after the economy improves.
In fact, you will find that there is plenty of work for you right now. As the economic climate continues to improve around the world, you'll find that volume of work just continues to increase.
That means you can always find plenty of work to keep yourself busy and to keep money coming in.

Benefits Of Your Own Transcription Business

I can honestly say I've never looked back and I'm sure you won't, if you decide to take this path. The only "regret" I have about starting this business is that I should have done it sooner.
However, we all have our individual journey in life and sometimes we are ready for things at certain times. As long as we do take action when we realise there's a better life out there for us, that's the main thing.
Here are some of the benefits of your own transcription business:

• You make money from the comfort of your own home, without leaving the house
• You can make a full-time income working part-time hours
• You can make a part-time income working just a few hours a week
• You get to do what you love by choosing the work you want to do
• You can work with clients all over the world
• You can quit your job and be your own boss
• You can set up a business from home with very low costs
• You finally have control over your own time - you decide when you want to work
• You can achieve your own dreams and goals
• You have the freedom and flexibility to do what you want WHEN you want (within reason!)
• You have more time with your family and friends...no long commutes
• You save money on fuel, train fares, childcare and parking fees
• You get to stay at home with your kids
• You can walk the dog and do the laundry during the day
• You get to take holidays when YOU want (no more asking the boss when you want a day off)
• You choose WHO you work with
• You get the job satisfaction that comes with your own business
• You get respect from others. You're no longer 'the secretary' or 'the typist' at the bottom of the career food chain. You are a business owner in your own right.
• You have as much variety in your work as you can handle!
• No more mundane and routine office jobs!
• You are free of office politics!
• You no longer have a dull and predictable 9 to 5 routine
• You no longer have to deal with employment agencies
• You don't have to 'power' dress any longer
• You don't have to sit through endless meetings that go nowhere

You can have this lifestyle if you decide to work from home as a transcriptionist. The beauty of this type of business is that the start-up costs are very low. You don't have to invest very much at all to get started.
You also don't need to have tons of skills or a certification. If you can type reasonably fast, use a computer and the internet, then you can get plenty of transcription work online.
But what about actually getting work, is there really any work out there?

Lots Of Transcription Work Available

If you're wondering whether this is going to be a waste of your time, let me reassure you that if you know how to get work, you'll discover an endless supply of it.
Transcription is one of the top tasks that business owners do not want to do themselves. Why would they want to spend their time typing when they could be doing what they do best?
The internet gives you many opportunities today to get work you can do from home. You're not restricted to getting clients in your local area. This is a godsend for those of you who may be living in a rural area with not many businesses nearby.
You can tap into a global network of businesses, who have an ongoing need for transcription work.
There are good transcriptionists around, but there are also quite a few who don't meet deadlines and don't provide a good service. How do I know? Because I've used transcriptionists myself, to help me do some of my work. It can be rather frustrating when you can't find good quality transcriptionists.
Imagine how easy it is for you to stand out from the crowd and get clients who will stick with you for the long-term, if you make a little bit more effort than the rest?
If you choose to specialise in a niche such as medical or legal transcription, it will be even easier to stand out from the crowd. Just think of all the doctors, dentists, vets, natural health practitioners and lawyers not just in your local area but worldwide.
The only problem you'll have is knowing how to land these clients in the first place and how to actually start your business.

How To Start Your Own Transcription Business

When I started my online business there was very little information around. I had no idea how to find clients, what to charge, how to actually set up my business, what equipment I needed, how to send files back and forth to clients and so on.
I came across some sites offering 'typing work from home' but they all wanted me to pay them a fee so that I could get work. This seemed like a scam to me and I've since heard reports of people being ripped off - paying to get work that never materialised.
I wasted quite a bit of time finding everything out myself the hard way. I made lots of mistakes when I first spoke to clients and also didn't charge enough for my services.
In spite of this I was able to create my own full-time income from home in a short space of time. And it's not just about the money. Experiencing the satisfaction of being my own boss and not having to travel into work is second to none.
You can do it too! I can assist you in achieving your dream.

All The Answers Are Here

What if you could have all the answers to how to set up your own transcription business right now? You'll save lots of time trying to find it all out yourself, not to mention avoid making the mistakes I did.
The quickest way to success is finding someone who has already been down that path and following in their footsteps. There's no need to reinvent the wheel. I can teach you exactly how to quickly get your very own transcription business up and running, with minimal funds - even if you don't know where to start.
In the 'Transcription Work From Home' ebook you'll find tons of information that will help you set up your business in record time. You'll soon be working from home yourself, doing work you love, whenever it suits you.
It doesn't matter which part of the world you're located - the information in this eBook is applicable to any country.
It also doesn't matter if you're looking for full time work or something to do part time. It doesn't matter if you are single and in college or a parent with a couple of kids. It doesn't matter if you are male or female. This is also the type of job that some individuals with a disability can do with some accommodations.