Transcript Proofreading: Theory & Practice™ teaches you everything you need to know: what the work is, how to do the work, how to get the work/find clients, and how to manage the work/clients. You don’t need Upwork, craigslist, or fiverr.
Aside from the course fee, we highly recommend the iPad mini and a $10 app called iAnnotate. If you enroll in the course and take advantage of the additional discounts ($944) buy an iPad mini for about $200, then buy the recommended app for $10, the total is around $1154! How many courses can teach you literally everything you need to know for that much? Probably none. (If you know of one, let me know!) I’ve got students making between $1,000 and $1,500 in their first month … so I’d say it’s more than worth it.
As for costs after the initial investment, there really aren’t any. You’re already paying for internet, you’ve got an e-mail address… you don’t pay rent for a storefront, you don’t need a separate cell phone, so I’d say unless you decide to pay for a premium LinkedIn profile or accounting software of some kind, your costs pretty much stop after the initial startup.
Can’t think of any other businesses with almost zero overhead! Can you?
You can take your iPad and rock your proofreading anywhere you want.
Awesome, right? I know. I’m proud to be a transcript proofreader.
I’m proud that the course includes not only how to do the work, but also how to get the work, find clients, and then how to manage the work (business stuff, like billing, firing clients, etc.!).
Few courses teach you anything beyond how to do a specific thing.
I’m super proud of how much my course costs in comparison to similar programs with similar earning potential. I think it’s important you know what a great value is included in my course.
It’s time for a little cost comparison.
Did you know it costs between $1800 – $2500 or more to become a scopist (an editor for court reporters’ transcripts)? And that is just to learn how to scope. Not how to get clients. Not how to market. Any time you want to get clients for anything, you need to know how to market specifically to your niche. Fortunately, my students know exactly how to market to court reporters when they finish the course.
Scopists do earn between $1.00 and $1.25 a page on average, which is about double what proofreaders earn.
Wait … so why don’t I scope? There are several reasons (besides the crazy amount of money it costs just to learn how!).
Scopists need quite a bit more than just an iPad to do their work. They need to know steno, they need to possess computer-aided transcription (CAT) software, and they have to listen to audio when transcribing the job. It is slooooow, mind-numbing work. If you like it, great. But if you’d prefer to read, not be slowed down by stopping/starting audio, and you’d like to take your iPad to the beach and make your money, proofreading is a much more flexible option.
You can also earn just as much money proofreading as a scopist earns, if not more. In fact, I’ve yet to meet a scopist making what I make proofreading transcripts. I usually charge $0.45/page, but on an easy job, I can read up to 100 pages an hour with excellent focus, earning me $45 in an hour’s time ($65 if it’s a rush job). Scopists could edit 45 pages in an hour to earn the same amount per hour, if they’re quick, but the average seems to land around 20 pages an hour, meaning they’d probably earn less money per hour, depending on their rate and speed. Having to listen to audio along with the editing is also a major time-consuming factor — a two-hour depo would likely take over two hours to scope (accounting for stop/start/rewind audio time). For me, a two-hour depo could take as little as 45 minutes. I read much faster than the average attorney can speak.
One major disadvantage of scoping is you’re limited to working with only the reporters using the same CAT software you have. If you use Eclipse, but a reporter in need uses StenoCAT, you can’t help them. And the software ain’t cheap. StenoCAT software costs $700 a year; other companies charge between $2500 and $5000 with a $500 annual fee for updates.
We won’t even touch costs of becoming an actual court reporter. Let’s just say the schooling alone will set you back between $25,000 and $57,000 for a two-year program.
So what do you think? Is $1000 too much for all the knowledge, practice, and equipment you need to start a brand new income stream?