20. Offer Transcription Services
- Estimated income: around $16/hour
- Requirements: good listening skills, fast typing speed, and proficiency with data processing software
This easy-to-start business idea involves transcribing audio files into text documents.
Besides typing speed and accuracy, your niche can also affect your earnings. Medical transcriptionists generally get paid the most, averaging $26/hour. If you want to set a higher hourly rate, familiarize yourself with the industry.
Consider taking typing lessons to increase your speed and accuracy. Once you have improved your typing skills, check out Rev and TranscribeMe for transcription jobs
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Business Ideas