We’ve all seen “get paid to type” jobs before. Some pay good and some are a complete waste of time.
Well GoTranscript is one of those sites that pay you to type.
What got me interested was that people were claiming to make $2-$5 an hour, and that’s starting rate.
I know that these numbers are 100% possible but those opportunities are hard to find.
So in this GoTranscript review I want to discover what you’ll be doing, how much money can be made and the legitimacy of this company is.
At a Glance
Owner: Peter Trebek
Website type: Transcribing
My rating: 6/10
- Free to join
- Can make money
- They pay on time
- Plenty of jobs
- Good customer service
- Low quality audio files
- Not enough pay for newbies
- Limited to US citizens
GoTranscript is a website where you can earn money by transcribing. The jobs include audio-to-text, video-to-text, translation, captions, editing and more.
The average earnings are $150 per month and pay every Friday. It’s not the best online opportunity but it is certainly one of the few legitimate systems out there.
So What is GoTranscript?
This website pays people for transcribing audio files into text files.
So basically, you listen to an audio or video file and type all of the words into text format.
Big companies want audio files transcribed into text files, because a lot of that work is tedious and they would rather pay someone else to do it.
So they pay sites like GoTranscript to do all the transcribing for them. But they are only the middle man.
This is where you come in. You will be the one doing the audio-to-text formatting.
How Much Money Can You Make?
They claim on their website that transcribers can earn up to $0.60 per audio or video minute.
The average earnings are $150 per month and the top earnings are making $1,215 per month.
This means the average workers is earning $5 a day.
Not a bad little side earner if you ask me, as long as workers aren’t spending all day typing.
If you’ve got a full-time job, then maybe only doing one transcribe per day is possible.
Of course to make more money you will need to hone your transcribing skills and apply for better positions.
Transcribing is the starting position but you can also become an editor > editor/merger > in-house editor.
You can’t stay a transcriber forever and expect to earn like the people at the top, and that’s where a lot of newbies fail.
They expect top dollar in the first five minutes of joining.
How Do You Get Paid?
They pay earnings every Friday through PayPal and Payoneer.
They do not have a minimum threshold so you can earn $1 and they will still pay you on the nearest Friday.
The Sign Up Process
Signing up is a little time consuming and requires a little effort on your part before getting accepted.
First and foremost, you will need to sign up on their official website.
I connected my Google Plus account so I was registered in a couple of clicks.
From here you will need to complete the Test Job and wait up to 2 weeks to get accepted.
The test job consists of 10 fairly simple questions and takes about 5-10 minutes.
Once you’re accepted, you can apply for any of the jobs available.
Applying for Jobs
After you’re accepted, you’ll be able to apply for transcribing jobs where you can get paid per minute for every transcription completed.
You can listen to the audio before applying for the job so you know if it’s a good choice for you.
You can also download the file and use your own transcribing program if you don’t want to use theirs.
Then once you’re complete, just upload the text file and wait for it to be accepted.
Can Slow Typers Still Make Money?
Yes, GoTranscript look after slower typers and don’t penalize them for not transcribing fast enough.
The only thing that impacts rating is the quality.
There is a time limit if you use the editor on their website but they also have an “extend time” option if you need more time to finish.
Otherwise you can download the file and use another transcribing program to work at your own pace.
So if you’re a slow typer but still manage to get perfect audio-to-text formats, you can still make money.
A Large Portion of Audio Files are Low Quality
One of the pitfalls that many transcribers deal with is that a low quality audio files are a real thing and makes it difficult to hear.
This slows down completion time and causes less money to be made.
Plus it’s going to increase the chances of accidentally getting lower than the 4.5/5 rating you have to hold.
Luckily this is the only major complaint people have for this company which is surprisingly good to see. Usually a company like this has many of them.
Hold a 4.5 Star Rating or Higher Or You Will Not Be Paid
Transcribers will need to hold a 4.5 star rating or above in order to make money.
Go any lower than this and you simply won’t get paid your earnings.
If you get a 3.4 rating or lower 3x in a row, they will close your account even if you have money in there.
This is to kick out the people trying to game the system, trying to get a free ride by providing low quality work.
Get 15 Transcribers to Become an Editor (Higher Pay)
The requirement for an editor position is to have completed 15 successful transcribes and to pass the Test Job.
A lot of transcribers claim that you can’t make a lot of money transcribing audio into text files, however, when you become an editor, the pay goes up a lot.
So the editor position might be more appealing for you if you’re interested in making more money and improving your skills.
Are there Any Limitations?
I tried to sign up about a year ago because I am a fast typer and the good pay attracted me to their transcriber position.
However, you have to be from the US to be able to apply. Sadly I am from New Zealand so I could not apply.
Is GoTransript a Scam?
The good news is that GoTranscript is a legitimate company who pay their customers for their work.
They have NOT scammed anyone, they have a good reputation and have plenty of work available for anyone from the US looking to make extra income online.
GoTranscript has stood the test of time and there are no signs of turning into a scam in the future.
They pay their members for their work and don’t have many complaints.
There are a couple of issues such as the low quality audio which makes it hard to hear and that they don’t pay much to newbies.
It’s definitely going to take a while to build up to $1,000 per month, but even then it’s not enough to quit your day job.
So even though it is legit, it’s not the best option for most people since the average earnings are only $150.
An Even Better Way to Make More Money?
The concept of making money online always fascinated me.
I was always finding ways to supplement my monthly income when I was working a normal 9-5.
I started earning money here and there for many years, but I wanted more.
I wanted explosive growth. I wanted to quit my job so I didn’t have to work anymore. I wanted to live life on my terms, so that’s what I did.
I gave up on sites making me a couple dollars a day and started my own online business instead.
Well that concludes this review and thanks for reading. I hope you learned everything you wanted to know about this system.