Unlock Earnings: Master Video Captioning and Elevate Your Side Hustle
Discover how to earn money by captioning videos on Rev.com, learn the steps to get started, and explore advanced opportunities for higher earnings.
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Make Money Writing Captions In 2024 Video Captioning (Alex Hormozi Style)
Added on 10/01/2024
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Speaker 1: I'm just about to reveal how you guys can start making money by captioning videos and how you can take this side hustle to the next level, so let's get started. The first website you want to connect to is called Rev.com and this is the main tool we're gonna make use of. You see, when most people connect to Rev.com, they are looking to purchase a specific service, such as transcription, English captions, or even global subtitles. And let me give you a clear example of that. Let's just say that I wanted to launch my own blog, but instead of having to write every single one of those posts from scratch, what I can do is take advantage of the videos I already have on my YouTube channel. I can just copy the links, send it over to Rev.com, pay them a certain amount of money, of course, and they will transcribe my video. They will turn the video into text, and that is just one of the services they offer. When it comes to captions or subtitles, I'm sure you know how that works. For instance, look at this. Generally speaking, in the first part of my videos, there's always going to be subtitling going on. If you want to have subtitles all the way through, that is going to take a long time. And that's where services such as the one Rev.com provides come in handy. As you probably know, YouTube allows you to add automated subtitles to your videos. All you gotta do is just click a button. But here's the tricky part. As you can see right here, these are automatically generated. They are not done by a real human being. They are just done automatically within seconds. And for that reason, they are not perfect. They are far from perfect. But now let's imagine a different scenario. Let's just say that for one of my videos, it is not that important to be 100% precise. People will still understand what I'm saying. For the most part. But let's imagine we're talking about an actual movie, and the movie is in a different language that you don't actually speak. So you gotta make sure that those subtitles are 100% accurate so people can understand what's going on there. Again, that's where these kinds of services come in handy. And you can actually start working as a captioner or as a transcriptionist on Rev.com today. Here's how that works. First and foremost, you get to create a flexible work schedule because you're basically working as a freelancer or as an individual contractor here. You're not employed, which means that you get a lot of freedom. You also get to choose from hundreds of different jobs. If you like the requirements, you can go for it. Otherwise, you can just give it a pass and you can get paid on a weekly basis straight over to your PayPal. And that is quite convenient, isn't it? But now let's dive a little bit deeper and really understand the requirements. What is the job that a transcriptionist would have to do? Well, they get to listen to audio or video files so they can just plug in their headset and start listening to that. They need to accurately type what is being said and label the speakers. That is all they have to do, but it gets even easier than that. Most people think that a transcriptionist would actually listen to the whole video or the whole sound byte from one end to the other and manually have to type each and every single word, but that is not true. When it comes to all of these websites, and Rev.com is just one example, what ends up happening is that you get an automated transcript and you only have to proofread it. So you will be allowed to use automated tools and your responsibility as a transcriptionist would be to correct the mistakes, make sure there are no errors, basically proofread the document. That's all you got to do. And also label the speakers and make sure that everything is accurate. But when it comes to a captioner's job, this will be a little bit more demanding. Not only do they have to make sure that the audio corresponds with the text, but they also have to sync the typed audio with the video. And this is a little bit tricky. It will take a little bit more time from your end and that is why the range of pay is a little bit higher. And here's an even better opportunity. If you happen to know another language, what you can do is start working as a foreign subtitler. And there is a significant difference in the payout rates. For instance, if you're working as a regular captioner, you only get paid up to $1.1 per video minute. But when it comes to working as a foreign subtitler, you get three times as much. So that is a significant difference. And now guys, at this point, I'm pretty sure that it sounds good, doesn't it? And so here's what you need to do in order to start actually working for Rev.com. The first thing you've got to do is take a quick quiz and this is just to demonstrate your English language and grammar skills, but it will be very basic, so don't worry about that. Don't stress out too much. Moving on to number two, you will get to submit a transcription or caption sample. And this is just to prove that you know what you're doing. And ultimately, once you're approved, you will be able to register and start earning right away. However, there are a few drawbacks when it comes to Rev.com, and I'm going to be a hundred percent transparent. First and foremost, the opportunities you get, the jobs you get are not unlimited. You might only get one or two opportunities per week, and that is not sustainable if you want to make decent amounts of money every single month. Not only that, but they are not going to accept applications from anywhere. For instance, they are not currently accepting applications from my location. So let me just use a VPN for a second and see if that changes. I'm going to connect to the United States. Let me just set up my free VPN here and see what happens. I'm going to quickly refresh the page and let's see if that makes a difference. Well, apparently it doesn't. So as you can see, the job opportunities are limited and they are not even accepting new applications right now. But guys, do not get discouraged because Rev.com is not the only website of this kind. Here's another one, transcribeme.com. What you got to do is head over to the job section, then go through the application form real quick, take that test, make sure you get qualified and then you can start earning. But now guys, let me tell you something. If you're planning on working as a transcriptionist or as a captioner, or even as a foreign subtitler, you're not going to get rich overnight. These are fun side hustles. This is a fun activity to do in your spare time. If you're in college and you get an extra two, three hours per day, if you're already involved in a nine to five and you just want to make some extra money on the side, these are great. But if you're looking to make decent amounts of money, and I mean significant amounts, you want to step up the game. You want to take it to the next level. Let's just say that you've been working on Rev.com or transcribeme.com for a while, and you have some experience with captioning gigs. You know how to add captions to a video. Let's put it that way. Well guys, you can take it to the next level quite easily, and here is a great example of that. I'm sure that some of you watching this video are familiar with Alex Formosy. Well, if we take a look at his short format content, and I'm talking about YouTube shorts, Instagram reels, TikToks, and so on, you're going to notice a very specific style of captioning that he's using. These are very, very engaging, and nothing about them is accidental. Take a look at this. Let's just play it for a few seconds. I sold my condo, sold all my stuff, packed my car, and I drove straight to California from Baltimore. As you can see, he's got custom animations. He's got that perfect captioning. The words are also highlighted one at a time to match his words. This is a great service overall, and the thing about it is that by doing this, he's just adding more value to his videos, and he's keeping his viewers engaged, and it actually worked so well that other people started mimicking this style of captioning short clips. There are so many guys doing the same exact thing right now. Let me just show you a few examples. You're going to see this very often with entrepreneurs on Instagram, TikTok, or YouTube. For instance, take a look at this profile. Let me just play it for a few seconds. As you can see, these are very similar to Formosy's captions, but they are not identical, which makes me think that he's working with someone else. He probably just hired a freelancer, a video editor, who provides this sort of service, right? But this is not an isolated case. Let me show you a different example. And each and every single time, you're going to see that the captions are slightly different. They're not identical, which goes to show that most likely these guys are working with a different person, with a different editor. And take a look at this. As you can see, this is still pretty good, but the fact that all of these people, all of these entrepreneurs on Instagram are adopting this style of captioning goes to show there is demand for this type of service. And if we can be the person to provide this service, we can make a lot of money. We're going to deliver exactly what people are searching for. So here's how you do that. You see, just as mentioned before, the first thing you need to know how to do is caption videos. In other words, you have to sync up text with the audio file. That is essential. Unless you know how to do that, you won't be able to deliver this service. But once that is out of the way, you also need to have some decent editing skills. Luckily for us, there are all sorts of tutorials out there that will help you with that. You can just search for a tutorial that teaches you how to add text to videos and chances are you're going to find a lot of useful resources. These videos are available for free. You can watch them without paying a single dollar. And most of the times you don't need to do anything else other than watch a tutorial and just practice for a little while. Then you want to take a close look at Hormosis Reels and try to replicate that. And this is where it's all in numbers game. The more reps you get, the better your service is going to become. Your first videos are probably going to suck, but that is okay. This is the first time you're doing it. And in case you're still kind of doubtful about this whole process and whether or not there is actual demand for this specific type of captions, let me show you something. And this is going to prove once and for all that learning this skill is actually insanely useful and it is going to make you money. I've just connected to Pyfer.com and I have typed in Hormosis Reels. And here's what happens next. Take a look at this. People are literally selling this service for over $10 a clip. This user right here charges over $22 in order to edit one single video. And that is only 30 to 45 seconds long. Just imagine that. Getting paid $20 to edit a 30 second long video. That goes to show that there is money on the table, guys. Not only that, but the competition is not as high as you'd think. There are only a handful of services available, which goes to show there is some demand. As you can see, all of these guys are actually making money with their gigs, but there is definitely not enough supply. And if you can learn this skill and deliver a high quality captioning service, I can assure you you're going to make a bunch of cash. And you only need one long term client because they're going to keep posting. Just think about it for a second. They're probably going to post every day or every other day. So you get an extra four to seven videos to edit per week. And that is from one client alone. If you have multiple clients, we're talking about hundreds of dollars every week that you're making by simply editing short videos. And so guys, let's take it one step at a time. The first thing I want you to do is just try to apply for Rev.com and TranscribeMe.com and all of these websites because you get to learn how to caption videos efficiently, right? And once you master the skill, you want to take it to the next level, learn a little bit of video editing and start providing this other service that's going to be way more profitable. Or if you want to, you can just skip the first step. That is entirely up to you. What is for sure is that you have all the resources you need to make it work. So that's it for now. And thanks for watching.

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