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Have you ever like thought about turning your typing skills into way to actually make money?

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Yeah.

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I know tons of people are looking into these online typing jobs these days.

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Right.

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It's easy to get caught up in all the hype too.

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Yeah.

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You know, all over the internet people are promising like easy money.

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Oh yeah.

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Just for typing.

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But we're gonna take a deep dive and see if those claims actually hold up.

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Okay.

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So we're using this popular YouTube video by MakeMoneyMatt as our guide.

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Okay, cool.

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And he breaks down online typing work into three levels.

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Three levels.

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Yeah, that's a great way to think about it.

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Yeah.

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It gives you a framework for understanding all the different ways you can make money typing.

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Totally.

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So he starts with level one.

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Transcription.

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Which sounds pretty simple on the surface.

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Right.

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Like you're just listening to something or watching a video and typing it out.

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Exactly.

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But there's actually a lot more to it.

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There is.

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Yeah.

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What really surprised me was how much demand there is for transcription.

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Oh yeah, for sure.

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Yeah.

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Think about it.

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Businesses, content creators, you know, even researchers, they all need written versions

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of their audio and video content.

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And transcription makes it accessible.

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It makes it searchable.

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It's easier to analyze.

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Exactly.

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And Matt claims you can earn some serious cash doing this.

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Oh yeah.

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He said you can make like 30 to $110 per minute of transcribed content on Rev.com.

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Wow.

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Those numbers definitely got my attention.

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Right.

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Like sign me up.

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Right.

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But Matt does say that most people end up earning less.

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Yeah, it makes sense.

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Yeah.

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Because it takes time to transcribe accurately.

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Right.

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And a lot of these platforms like Rev.com have tests to check your speed and accuracy

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before they accept you.

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That makes sense.

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I mean, a transcript full of errors wouldn't be very useful.

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No, not at all.

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So Matt went through a whole bunch of different platforms for transcription.

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OK, cool.

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And it seems like Rev.com has a ton of content to work on.

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OK.

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But the application process is long.

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And they only pay through PayPal.

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OK, so that's something to consider.

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Yeah, if you need to get paid quickly or you don't like PayPal,

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Rev.com might not be the best option.

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Right, makes sense.

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Then there's transcribe me.

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OK.

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And they seem to focus on shorter content.

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Oh, OK.

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Which might be good for beginners.

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Yeah, less intimidating, right?

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Totally.

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And they say they pay more for specialized niches like medical and legal transcription.

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That's where your existing skills and interests can really give you an advantage.

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Oh, for sure.

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Like if you have a background in health care,

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medical transcription could be a great option because you already understand the terminology.

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Right, and they're willing to pay more for that expertise.

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Exactly.

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Matt also mentioned Scribe.

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OK.

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And they have even shorter audio segments like six minutes or less.

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Oh, wow.

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Which is perfect if you have a short attention span.

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Or if you just like to work in short bursts.

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Totally.

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And you can actually level up to a reviewer role where you get paid to check other people's work.

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Oh, that's cool.

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So you can kind of move up within the platform.

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Exactly.

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Then there's GoTranscript.

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OK.

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And they offer work in multiple languages.

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Wow, that's great.

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And they pay through PayPal and Payoneer.

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So more options.

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More options.

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That's always good.

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And they say they're flexible with scheduling so you can choose tasks based on your availability.

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That's a big plus for people with busy schedules.

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Absolutely.

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OK.

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Then there's Speechpad.

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Speechpad.

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They do transcription subtitling and translation.

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Wow, a lot of options.

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I know, and they work in multiple languages too.

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That's impressive.

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It seems like they pay more.

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OK.

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But you have to be really quick to get those jobs.

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So it's a fast-paced environment?

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Yeah, it sounds pretty competitive.

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You gotta be on your toes.

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Totally.

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And finally, Matt talked about three-play media.

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Three-play media, OK.

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They offer a wider range of services.

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Like what?

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Including live auto captioning.

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Oh, wow.

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That's interesting.

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They advertise higher pay rates like $30 to $50 an hour.

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Wow.

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But Matt said the work might be less consistent.

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Yeah, that's often the trade-off with higher pay,

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more money, but less predictability.

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Exactly.

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What stood out to you about all these different platforms?

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Honestly, I was just blown away by the sheer variety.

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It's not just about typing.

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It's about finding the right platform for your skills,

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your interests, your lifestyle.

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Totally.

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There's no one-size-fits-all solution.

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Exactly.

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You really have to do your research

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and find what works best for you.

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You said it.

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Yeah.

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All right, so we've covered a lot of ground with level one.

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Transcription.

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Yeah, it seems like a great way to start making money

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with your typing skills.

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Absolutely.

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Yeah.

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But what if you want to take things to the next level?

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Oh, I like where this is going.

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Stay tuned for part two, where we'll

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dive into Matt's level two freelancing.

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Sounds good.

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OK, so we've explored transcription,

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where you're basically turning audio and video into text.

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Right, using your typing skills.

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Exactly.

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But what if you want to level up?

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Ooh, I like that.

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Go beyond just transcribing what other people create.

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That's where level two freelancing comes in.

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Freelance.

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OK, so this is like leveling up in a video game.

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Exactly.

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But instead of getting new powers,

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you're expanding your skill set and your earning potential.

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I like that analogy.

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So Matt mentioned platforms like Fiverr Freelancer and Upwork.

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I've heard of those, but I'm not really sure how they work.

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So basically, they're like digital marketplaces,

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where freelancers can connect with clients.

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OK.

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Or looking for different services.

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Got it.

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And it's not just writing either.

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Oh, really?

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You can find freelancers for all sorts of things.

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What kind of things?

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Like graphic design, web development,

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virtual assistance, you name it.

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Wow.

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If you have a skill, chances are someone on these platforms

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is looking for it.

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So let's say I'm a good typist, and I want to try freelancing.

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What skills do I need?

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Well, typing speed is definitely a plus.

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OK.

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But it's not the only thing clients care about.

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What else are they looking for?

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They want quality writing, engaging content.

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OK.

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And they want someone who can understand their needs

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and deliver what they're asking for.

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So it's about more than just typing fast.

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Exactly.

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This is where those specialized skills and interests

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we talked about earlier can really come in handy.

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Oh, you mean like if I'm passionate about sustainable

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living?

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Exactly.

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I could find clients in that industry.

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Yeah, you could target companies or individuals who

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are promoting sustainable practices.

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And my passion for the subject would come through in my writing.

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For sure.

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So it's all about finding your niche.

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Exactly.

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But I've got to be honest, the whole freelancing thing

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seems kind of intimidating.

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Yeah, it can be.

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Like finding clients, negotiating rates, meeting deadlines.

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It's a lot to juggle.

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It is.

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You're basically running your own mini business.

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Wow.

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But for people who like being independent

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and who enjoy the challenge of building their own client base,

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freelancing can be super rewarding.

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So Matt makes it sound like freelancing is like the next step

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after transcription.

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Yeah.

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You get good at typing.

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Yeah.

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And then you use those skills to create your own content

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for other people.

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Exactly.

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It's like taking ownership of your expertise.

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And that leads us to Matt's level three.

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Ownership.

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Ownership.

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Yes.

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This is where things get really exciting.

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OK.

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I'm listening.

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We're talking about creating your own content,

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building your own brand, and getting the full rewards

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of your creative efforts.

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So you go from typing for others to typing for yourself.

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Exactly.

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And Matt's big example here is starting a faceless, niche YouTube

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channel.

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Have you heard of those?

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I have.

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It sounds kind of cool.

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It's a really popular model these days.

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Why is that?

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Well, the idea is to create content around a specific topic.

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OK.

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But you never show your face on camera.

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Ha ha ha.

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So no need to be camera shy.

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Exactly.

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But where does the typing come in?

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You're using your typing skills to create

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all the written content.

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Oh, I see.

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Like the scripts for your videos, the descriptions,

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the social media posts.

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It's all behind the scenes.

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Right.

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And the best part is you own everything.

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Exactly.

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The content and all the revenue it generates.

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Matt talked about monetizing those channels

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through ads and stuff.

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Yeah, there's definitely money to be made.

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Have you seen any of these faceless channels?

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I have.

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It's amazing how many different topics they cover.

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It's what?

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Everything from finance and personal development

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to cooking and travel.

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Wow.

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The key is to find a niche that you're passionate about

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and where you can provide something unique to your audience.

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That makes sense.

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But Matt was very clear that building a successful YouTube

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channel takes time, effort, and consistency.

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Right.

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He said you have to treat it like a real business,

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not just a hobby.

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So it's not a get rich quick scheme.

282
00:08:26,120 --> 00:08:27,080
Definitely not.

283
00:08:27,080 --> 00:08:30,480
But the potential rewards seem worth it.

284
00:08:30,480 --> 00:08:31,240
Oh, yeah.

285
00:08:31,240 --> 00:08:34,240
Imagine building a following, sharing your knowledge,

286
00:08:34,240 --> 00:08:36,280
and earning money all through typing.

287
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It's pretty incredible when you think about it.

288
00:08:38,200 --> 00:08:40,320
And remember, YouTube isn't the only option.

289
00:08:40,320 --> 00:08:41,280
Right.

290
00:08:41,280 --> 00:08:44,160
Matt encourages people to think beyond video.

291
00:08:44,160 --> 00:08:44,920
Like what else?

292
00:08:44,920 --> 00:08:48,240
Like blogging, writing ebooks, or starting an online business.

293
00:08:48,240 --> 00:08:50,320
It's all about using your typing skills

294
00:08:50,320 --> 00:08:52,320
to create something you're passionate about.

295
00:08:52,320 --> 00:08:52,760
Wow.

296
00:08:52,760 --> 00:08:55,320
It's kind of crazy to think we started with just transcribing

297
00:08:55,320 --> 00:08:56,160
what other people say.

298
00:08:56,160 --> 00:08:57,360
I know, right?

299
00:08:57,360 --> 00:08:59,440
And now we're talking about building our own empires.

300
00:08:59,440 --> 00:09:01,480
The possibilities are endless.

301
00:09:01,480 --> 00:09:04,520
Matt's three levels really opened my eyes to what's out there.

302
00:09:04,520 --> 00:09:05,040
Yeah.

303
00:09:05,040 --> 00:09:06,880
He breaks it down so well.

304
00:09:06,880 --> 00:09:09,640
But it's easy to get caught up in all the hype, you know?

305
00:09:09,640 --> 00:09:11,480
Oh, yeah, especially when you hear about how much money

306
00:09:11,480 --> 00:09:12,240
people are making.

307
00:09:12,240 --> 00:09:13,400
Exactly.

308
00:09:13,400 --> 00:09:16,480
But Matt does say that success takes work.

309
00:09:16,480 --> 00:09:17,320
Oh, absolutely.

310
00:09:17,320 --> 00:09:20,480
Dedication, a willingness to learn.

311
00:09:20,480 --> 00:09:21,760
It's not going to happen overnight.

312
00:09:21,760 --> 00:09:22,720
No.

313
00:09:22,720 --> 00:09:23,760
You got to put in the effort.

314
00:09:23,760 --> 00:09:25,920
And you got to be willing to learn and adapt.

315
00:09:25,920 --> 00:09:26,600
Totally.

316
00:09:26,600 --> 00:09:26,880
Yeah.

317
00:09:26,880 --> 00:09:28,680
Matt's a great example of that himself.

318
00:09:28,680 --> 00:09:29,600
He really is.

319
00:09:29,600 --> 00:09:30,800
You can tell he loves what he does.

320
00:09:30,800 --> 00:09:33,000
And that passion comes through in his videos.

321
00:09:33,000 --> 00:09:33,560
For sure.

322
00:09:33,560 --> 00:09:34,920
He makes it look fun.

323
00:09:34,920 --> 00:09:36,040
It's inspiring.

324
00:09:36,040 --> 00:09:37,080
It really is.

325
00:09:37,080 --> 00:09:39,600
So all this talk about creating content.

326
00:09:39,600 --> 00:09:40,160
Yeah.

327
00:09:40,160 --> 00:09:41,800
Makes me wonder, what kind of content

328
00:09:41,800 --> 00:09:43,280
would you want to create?

329
00:09:43,280 --> 00:09:45,480
Ooh, that's a good question.

330
00:09:45,480 --> 00:09:46,440
What about you?

331
00:09:46,440 --> 00:09:46,720
I don't know.

332
00:09:46,720 --> 00:09:47,560
Maybe a podcast.

333
00:09:47,560 --> 00:09:48,280
A podcast.

334
00:09:48,280 --> 00:09:50,560
Yeah, where we just talk about interesting stuff we've learned.

335
00:09:50,560 --> 00:09:52,320
Ooh, I like that.

336
00:09:52,320 --> 00:09:53,840
We could call it the deep dive.

337
00:09:53,840 --> 00:09:54,680
Ha-ha.

338
00:09:54,680 --> 00:09:55,680
Perfect.

339
00:09:55,680 --> 00:09:59,440
So we've gone from transcribing to freelancing

340
00:09:59,440 --> 00:10:02,000
to building our own platforms.

341
00:10:02,000 --> 00:10:04,280
It's amazing what you can do with typing skills.

342
00:10:04,280 --> 00:10:04,680
Right.

343
00:10:04,680 --> 00:10:05,600
It's not just a skill.

344
00:10:05,600 --> 00:10:06,640
It's like a key.

345
00:10:06,640 --> 00:10:08,640
A key to a whole world of possibilities.

346
00:10:08,640 --> 00:10:09,440
Exactly.

347
00:10:09,440 --> 00:10:09,920
So.

348
00:10:09,920 --> 00:10:11,360
So there you have it, folks.

349
00:10:11,360 --> 00:10:14,480
Our deep dive into the world of online typing work.

350
00:10:14,480 --> 00:10:16,200
We covered a lot of ground.

351
00:10:16,200 --> 00:10:17,240
We did.

352
00:10:17,240 --> 00:10:19,680
From transcribing other people's words

353
00:10:19,680 --> 00:10:22,880
to potentially crafting our own content empires.

354
00:10:22,880 --> 00:10:24,760
Now it's your turn to take what you've learned

355
00:10:24,760 --> 00:10:25,960
and see where it takes you.

356
00:10:25,960 --> 00:10:27,760
Grab your keyboard and start typing.

357
00:10:27,760 --> 00:10:29,800
Until next time.