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Is TranscribeMe Legit Or Just Another Scam? (2018 Review)

TranscribeMe is an interesting site where you can find transcription jobs. On this post, you will find out if it is a legit company or a scam.

Also, you can learn how it works and the potential earnings as a beginner on this site.

Is TranscribeMe Legit Or Just Another Scam? (2018 Review)TranscribeMe Review:

Name: TranscribeMe
Website: transcribeme.com
Price: Free
Founders: Alexei Dunayev and Greg Feerer
Make Money Bay Rank: 75 out of 100

What Is TranscribeMe?

TranscribeMe was founded in 2011 by Alexei Dunayev and Greg Feerer. The company offers transcription services to other companies and hire people to complete these services.

Your job on this website will be to listen to audios and type what you have just listened.

There are many ways to do transcription and typing jobs. You can become a freelancer or you can join on sites like TrancribeMe which is a popular site in this industry.

There are some benefits for those who join on TranscribeMe. The most obvious one is that they do not have to find clients because the site will send jobs regularly if you are good on your work.

The bigger dissadvantage is on the potential earnings. A freelancer or someone with a regular transcription job can earn more money.

While there are some complaints about the company, I think that is one of the best sites in this category.

You do not need any special equipment to get started. If you have a computer or a laptop, you will be fine. However, if you do not have a high quality audio system, you may need some good headphones.

Lastly, the company accept transcriptionists from many countries. So, if you understand what you listen to English and type fast, you can earn some money on this site even if you are not a native English speaker.

Who Is TranscribeMe For?

I could say that it is for everyone who wants to earn money online because everyone can apply. However, this is not true.

First of all, you must be a transcriptionist or you must type really fast. It is not going to work for you if you have not developed these skills.

You may expect to learn while working on the website. But you will not get approved at all.

Also, I would not recommend learning this skill only to get some jobs on this site. There are better skills than typing that can make for you thousands of dollars per month.

For example, learn some online marketing skills and in a few months, you will be able to build a super profitable online business (check a free training program here).

Next, it is not for those who want to find a full-time opportunity. There are not enough projects on the site. In my opinion, it is a good side income website but the potential is really low.

By considering all the above, TranscribeMe is for transcriptionists who are looking for some extra income opportunities.

If you are ok with that, you only need to join and check your email a few times per week. When a job is available for you, you will get an email to complete the job.

How To Get Started?

The clients of the company submit their audio files and your job is to transcript them. The company split the audios in smaller files and make them available for the transcriptionists.

The first step for you is to join the site, fill in your personal information and pass the approval test.

From the approval test, you will understand that is not easy to work for this company and many people cannot get approved even after trying multiple times.

If you get approved, you check if there are any available projects for you to complete. There are not always available jobs so you may need to wait for a while.

It takes a few minutes to complete each job but you do not have to complete each one of them. However, I think it could help you to get more jobs when you are consistent.

How Much Can You Earn On TranscribeMe?

The site claims that you can earn up to $2200 per month and the average earnings per member are on $250 per month.

You earn $20 per hour or $0.33 per minute but the transcriptionists with experience in legal or medical services earn a higher hourly rate.

There is no way to confirm if there are people who earn $2200 per month or the average earnings but there are many people on forums and social media who confirm that they earn some money consistently from this site.

I think that these amounts ($250/mo) are for those who have worked again on similar jobs.

Also, there are many complaints from people that they do not get enough jobs. Again, I cannot confirm if this is their fault (poor work) or the company’s fault.

Anyway, if you are not a transcriptionist, it would be better to avoid that site. It is frustrated not to be able to pass the approval process and not getting enough jobs.

There are more members who are looking to work on this site than the available jobs.

It makes sense that they tend to send more jobs to those who do a better work and have some experience. Also, they have no problem to stop sending jobs to someone who makes mistakes.

Pros

  • Legit website to make money online
  • Good hourly rate ($20/hour)
  • No technical requirements are needed
  • Side income option for transcriptionists

Cons

  • It is not for beginners
  • Many complaints about the approval test
  • Many people complain that they got rejected despite their good work
  • It is unlikely to earn a full-time income

My Final Verdict – Is TranscribeMe Legit?

There are some complaints but many people make money on this company consistently.

So, it’s fair to say that is a legit site but not a perfect one.

In my opinion, you should stay away if you have not some experience as a transcriptionist.

I know that many sites recommend it as work from home opportunity for everyone. However, if you have never tried similar jobs before, you will have a hard time even to get approved.

To learn more about transcription and improve your skills (it can help to get approved in programs like TranscribeMe), you can read about a top course about transcriptionists.

As an alternative way to make money online, you can read about my strategy! With the same level of effort with an online job, you can start your own online business. The potential earnings are much higher and you will not have to worry anymore about frustrating online jobs and approval tests.

Summary

Name: TranscribeMe
Website: transcribeme.com
Price: Free
Founders: Alexei Dunayev and Greg Feerer
Make Money Bay Rank: 75 out of 100

Thanks for reading my review of TranscribeMe. If you have worked for the company and you want to share your experience, feel free to leave your comment below. I would like to hear your questions too!

 

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