Speaker 1: I'm going to show you guys so you can start making money by literally typing words on your keyboard from the comfort of your home. So let's get started. And by the way, this is a side hustle you can start as a complete beginner. The website we're going to make use of is called GoTranscript.com and as the name might suggest, this is where you can get paid in order to transcribe video or audio files. What happens is that you're simply going to receive an audio file. Let's say you'll have to plug in your headset, listen to that audio and transcribe everything that's being said. You have to turn that audio into text. And it may sound pretty difficult at a first glance if you don't really know how the process works, but trust me, 90% of the process is already done for you. I'm going to explain exactly how it works in a second. However guys, there is one test you need to pass and that is the typing test. I want you to literally connect to typingtest.com and take this short one minute assessment. This is going to determine your typing speed and that is a very important metric if you want to be a successful transcriptionist. What you want to do is select the benchmark test because that will be the most accurate one. You're basically going to benchmark your skills. You will take a standardized 2-minute typing test to compare your typing speed and accuracy to others. So let me just go through that real quick and I'll be back in a second with my results. And this is my result right here. I got a net speed of about 66 words per minute, which is definitely above average and that's what you want to get. You want to get something similar to that. As you can see, average people will get between 20 and 35. Fluent typists will get anywhere between 35 and 50. And if you want to be considered a fast typist, you want to get at least 50 words per minute. If you want to be a pro, you want to go over 70. I'm pretty sure that you can do that. So if you're anywhere over 50, I think you're good to go guys. But now let's not get completely sidetracked with that typing test. Even if you're not there yet, what you can do is connect to typingtest.com once again and take their training. It is absolutely free and you will just have to go through some drills that will slowly but surely improve your typing speed over time. But now let's get back to the actual gig here. What does this transcription job actually consist of? What do we have to do? Is it a difficult job? It is going to be very demanding. Well let's find out. Let's look into it. We want to do is scroll down to the very bottom of their page and then click on the work option. That's going to take you to this other page where you can see the transcription jobs that are available right now. And by the way, these are available worldwide. They also have a tutorial on how to join, but I'm going to help you out with that because it's really easy and you don't want to waste any more time. What you have to know is that they actually pay some of the most competitive rates on the market. We're talking about up to 60 cents per audio or video minute, which may not seem like a lot at a first glance, but if you actually take into account the fact that 90% of the work is already done for you, that's going to be a pretty good rate. And take a look at this. Their top monthly earners are making upwards to $1,200 a month. Now that is not too bad if you ask me, $1,200 for simply typing words on a keyboard from the comfort of your home on your laptop without having to physically travel to a certain location. That is pretty good. And here's how it's going to work. You get to do the transcription jobs from your home. You get paid reliably straight over to your PayPal and perhaps most significantly, you get to work flexible hours because you're still working as an independent contractor here, just like a freelancer basically. So if you want to take a job, you can do it. If you don't feel like it, or you're simply caught up with something else that you want to deal with, you can just skip over it. They've also got great support in case you need any help. You can choose your own projects just as mentioned before, and you get to grow your skills. And this is something that a lot of people overlook. We'll get back to that in a second. In case English is not your first language or it is not your biggest strength, let's call it that, GoTranscript.com will also support these other languages ranging from Arabic to Dutch, German, Japanese, you name it. By the way, if PayPal is not available in your country, they will also process Payoneer payments, so you may want to go for that instead. The payments are issued every Friday, so you shouldn't wait too long until you actually get your money. But here's the best part. Again, this is a freelance job, so you can work as much as you want and whenever you want to. There is definitely no shortage of work here. What I'm going to do right now is click on the Join button. I'm going to apply for the job right now and walk you through the process. But guys, this is going to be rather easy. You can either log in with your Google or your Facebook, or you can just sign up with your email and the password. And once you're on the other side, you're going to notice something quite interesting. The main gig they can take advantage of are the transcription jobs, where you're going to receive a video or audio file and you have to turn it into text. We're talking about market research, interviews, meetings, and so on. But there are some other services that GoTranscript.com provides. We are talking about captions or in subtitles, which is one of the most profitable ones, and translation gigs as well. You see, if you happen to know a second language, you're actually lucky. That will allow you to take advantage of the foreign subtitles gig, which will pay you significantly more than the standard transcription one. But even when it comes to this one, as we've just determined, you're going to get paid a rate of about $0.60 per video or audio minute. But what most people do not understand about this job is that you won't have to do everything manually. You don't actually have to go through the whole interview second by second and literally type in everything that's said, because that would take an enormous amount of time. What happens is that you actually get access to an automated tool, an automated transcript, and you just have to correct that. You have to proofread it. So that is your responsibility, making sure that the automatic transcript is actually accurate. That's when you plug in your headset, you listen to the interview, and you follow along with the text. So the job is going to be a lot more pleasant than you might imagine. And by the way, GoTranscript.com is not the only website of this sort. You see, something that most people do wrong when it comes to this sort of site hustle is that they only connect to one platform and they hope to get rich on that website alone. But that will never happen. You see, what you have to understand here is that being 100% platform dependent will not work to your advantage. You're not going to have unlimited jobs. Even if you wanted to dedicate 12 hours a day to this process, you will not have enough offers to complete. And so if you want to get more work done, what you want to do is connect to as many platforms as possible. We're going to get a job there, and then a job there, and then another one on a different platform. And that's how you max out. For instance, you could connect to TranscribeMe.com. Again, it's an identical platform that will provide you with similar job opportunities where you can monetize your downtime. And they've got some competitive rates as well. We're talking about $15 to $22 per audio hour with some monthly earners making upwards to $20 to $100. Or here's another one, Rev.com. You want to head over to the freelancers section. You can create a flexible work schedule, choose from hundreds of jobs, and get paid weekly. However, these guys are quite strict with the applications they process. And as you can see, currently they are not accepting applications from my location. So you may just want to connect to the website and see whether or not they are accepting users from your country right now. If they do, make sure to send in your application. But let me show you guys something. If we go back to GoTranscript.com, just as mentioned before, we can also get paid to caption videos. Again, you will basically have to get the transcript and sync it up with the audio. It will be a little bit more demanding than the transcription gig itself. And it will pay you about $1 per minute. But let's take it to the next level. I'm going to show you guys how you can take this skill that you have just learned. Remember, you're also learning a skill on this platform, which is extremely important. You can take it to the next level and really monetize it a lot better. I'm pretty sure you guys are somewhat familiar with Alex for most of his content. He's definitely putting out some real golden nuggets out there. But a trademark of his content are his subtitles. So let me just play one of his videos for a few seconds. As you can see, his captions are not standard. They are really engaging. And for this reason, a lot of people are starting to copy to model this style of captioning for their content as well, just because they keep users hooked. Well, guys, let me tell you something. If you're able to master this skill and provide this similar type of captioning, you can make a lot of money for this gig. Let's just suppose you've already been working on GoTranscript for a while and you've been captioning video files. So you know how to do that. The next step of the process would be learning just a little bit of video editing. And if you're able to combine those skills to stack them up on top of each other, that is so you can charge a lot more for your time. Let me show you what I mean. I've just connected to Fiverr.com, right? And I have search for Alex Formosi captions. There is actually such thing. People are selling this service right now and they're charging 10, 20, even more than that, even $25 for a single such video. You could get $20 in exchange for editing a 30-second video and captioning it in this style. You only need to get one long-term client that is posting multiple times a week. Let's say they are sending you seven videos a week. Well, that's going to be an extra $140 weekly. So I'll take it. But let's not get ahead of ourselves. We want to do first is connect to one of these platforms or multiple of them and start getting some jobs. Start polishing up your skills. Once you get to the point where you can complete these captions quite easily, you may want to learn a little bit of video editing and take it to the next level. But the most important thing is that you start right now, so you've got everything it takes to make this work. That's it for now and thanks for watching.