I want to become a work-from-home transcriptionist! Should I work for a transcription company or become my own boss by working for my own clients?
YOU are the only person who can answer this question. It’s easy to just transcribe for another company and get paid for your work, versus managing client lists, handling their issues directly, and marketing your services, etc.
The first option is easy; it comes with no hassles, but it also has limited earning potential. The second option comes with more responsibility, hard work and higher risk, but it rewards you with a significantly higher income because you have essentially cut the middleman.
If you are just starting, then we suggest that you start working for transcription companies as an independent contractor, and gradually build your customer base. You will know if you want to manage your customers once you have one or two customers.