Transcription Business

10 Tips For Starting A Successful Transcription Business (2024)

Pat Walls

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Updated: January 19th, 2023

Want to start your own transcription business? Here are some tips you should know:

Learn more about starting a transcription business:

Where to start?

-> How much does it cost to start a transcription business?
-> Pros and cons of a transcription business

Need inspiration?

-> Other transcription business success stories
-> Marketing ideas for a transcription business

Other resources

-> Profitability of a transcription business

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a transcription business:

#1: Ben Walker, founder of Ditto Transcripts:

We chatted with with Ben, founder of Ditto Transcripts ($100K/month). In our interview, Ben says:

Do everything yourself at least once. This way you will know what it’s like to make cold calls, deposit checks, answer the customer service calls, fire someone, hire someone, and literally anything else you are going to ask someone else to eventually do for you.

Additionally:

Getting a coach will allow you to skip the line on a bunch of lessons you will have to learn through your own mistakes and time.

Further:

Get as much PR as possible from the second you start your new business or take over a new one. Work with a professional company that knows your business and get covered in every publication possible.