There are medical transcriptionists who have turned their career into very successful businesses. Because they are highly proficient at the work they do, they are able to recruit less experienced transcriptionists to their business. The business person then accepts work, which is farmed out to those less experienced personnel. Does it work? It can and in many cases does.

Because of the transcriptionists reputation, they find they are receiving more work than they can handle. One solution is to take on someone new to the profession and let them gain experience.  They are not paid the full rate since they are still learning the ropes. The experienced medical transcriptionist reviews the transcription before it is sent on.

Over time, if taking on one employee works, the transcriptionist then takes on a second and third and so on. Before you know it, the experienced medical transcriptionist is no longer doing any transcribing themselves; they are spending their time reviewing work done and negotiating more work. As a business owner, they are paid the difference between what is paid to them and what is paid to their employee.

What many people don’t realize is that this is how a good many businesses start, including those outside the transcription niche. Can you do it? Are you a highly experienced medical transcriptionist that can turn work around on time every time with 100% accuracy? No – well keep working at it. When you find you are getting too much work at good rates then you can consider it. If you do meet those attributes, what are you doing here? Of course, if you’re looking to recruit, that’s a different matter. Just let us know your requirements.