7 Transcribing Service Business Success Stories [2024]

Updated: November 19th, 2023
Start A Transcribing Service Business

Here are some real life success stories of starting a transcribing service business:

1. Typewrite Transcription and Typing Services CC ($36K/year)

Gaynor Paynter had always dreamed of being her own boss and saw an opportunity to start her own typing and transcription business in 2005. With the advent of ADSL in South Africa, she was able to set up a home office and launch Typewrite Transcription and Typing Services. Through hard work, solid service, and effective marketing, Gaynor has built a successful business that continues to adapt and thrive in a challenging market.

How much they make: $36K/year
How much did it cost to start: $100
Current team size: 2

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How I Started A $3K/Month Transcription And Typing Service

A South African entrepreneur started a transcription and typing service business from home in 2005 with a few basic marketing strategies and solid service, despite challenges in a tough economic environment and the pandemic, and is making a success of virtual working with versatile services.

About
Gaynor started Typewrite Transcription and Typing Services CC about 19 years ago
Revenue
Gaynor grew the business to $3K/month
Costs
It cost Gaynor $100 to start the business
Read by 4,403 founders

So... can you actually make money with a transcribing service business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Otter Voice Meeting Notes

Website traffic: 3.53M/month

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5. Sonix

Sonix is the best audio and video transcription software online. Our industry-leading, speech-to-text algorithms will convert audio & video files to text in minutes. Sonix transcribes podcasts, interviews, speeches, and much more for creative people worldwide.

Website traffic: 490K/month

article

So... can you actually make money with a transcribing service business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Trint

Trint’s AI powered audio transcription software quickly converts audio & video files to text. Transcribe, edit, share and collaborate to unleash your team’s productivity.

Where they're located: Al-Anbar Governorate, Iraq
Website traffic: 310K/month

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