Is Babbletype a scam or legit? Are you looking to make money from transcribing or translating? Then you may be considering joining Babbletype.
Is Babbletype the best home-based business opportunity for you? Are you in doubt as to whether you should apply to join their team? Babbletype is not your ordinary 'get-paid-to transcribe' platform.
Let me show you how Babbletype works, so that you can make a decision with peace and with ease.
Before we get started, you may want to check out my NR.1 recommendation for creating a passive income online. Just click on the link that follows to learn of the proven method that I have been using for the past 5 years.
WHAT IS BABBLETYPE ALL ABOUT?
Babbletype is a company that specializes in transcribing and translating documents or files for professional market researchers.
They market themselves as a company that provides audio to text services whilst at the same time they take into account the "budget and deadline needs of the market researcher"
According to the official Babbletype website, they do not use machine transcription or machine translation to get the job done. Instead, they rely on human beings to do the work.
So, does this mean that you stand a good chance of getting a job with Babbletype? I will talk about job prospects in a moment.
As far as the progress of the company is concerned, they state that they have been in the transcribing industry for the past two decades. Over that timeframe, they have transcribed over 10 million minutes of market research.
It sounds pretty impressive, doesn't it?
Let's take a look at who the founders of the company are?
WHO ARE THE FOUNDERS OF BABBLETYPE?
The day-to-day operations of the company are managed by the two owners John Feldcamp and Angela Wood.
John Feldcamp, the CEO of Babbletype started by managing OKI Electric, a major Japanese electronics company back in the 1980s. After leaving them, he and Angela co-founded a self-publishing services company called Xlibris Corporation in 1997.
They then sold the company in 2009, and bought MRT and renamed it to Babbletype.
Angela started her career back in the marketing and services industry. Her job at Babbletype is to handle corporate finances and steadily grow the client-side operations.
Now let's see how you can make money with Babbletype.
HOW CAN YOU MAKE MONEY WITH BABBLETYPE? THE BABBLETYPE BUSINESS OPPORTUNITY
I mentioned earlier that the company depends on humans rather than artificial intelligence to do the transcription/translation jobs for their clients.
What exactly are transcription and translation?
As a translater with Babbletype, you can help to convert the audio files from one language into another.
As a transcriber, you can convert their audio files into text.
To get started with working with Babbletype, just click on the tab right at the bottom of the website that reads, 'apply for work.'
You will come to learn that the transcript assignments that you would be doing are "critical parts of market research projects," and they require it to be done with completeness, accuracy, and reliability.
As such, the job requirements means that you need a very high degree of skill in:
- language, and
- listening ability.
You also need to be knowledgeable, with good research, learning, and computing skills.
If you feel though that you have what it takes, this is what the application process entails.
You have to :
- take a real-world transcription test,
- then take a telephone interview, and
- then the final stage is the assessments.
The cool part is that they have taken the time to make a video outlining what the company is all about, and what sort of skills you need to be a good fit for the company.
You can check it out on their website.
WHAT I LIKE ABOUT BABBLETYPE
They accept PayPal
They have a detailed introductory video on the what the skill requirements of the transcriber are.
They have a long-standing in the market
WHAT I DO NOT LIKE ABOUT BABBLETYPE
No idea as to what their pay rates are
No testimonials on their website
It is not beginner-friendly. They are looking for specific skills and characteristics.
It is NOT a passive income opportunity
CAN YOU REALLY MAKE MONEY WITH BABBLETYPE?
Some transcription companies such as GMR Transcription will give you a ball-park figure of how much their transcriptionists earn on a monthly basis.
Unfortunately the same cannot be said about Babbletype. The official Babbletype Facebook page also does not disclose any member's testimonials or their earnings.
Therefore, it really hard to say exactly how much one can earn with Babbletype.
IS BABBLETYPE A SCAM? MY PERSONAL OPINION
Making money as a transcriptionist is not easy. You have to really pay close attention to the audio and then type out what it is that you hear.
With Babbletype it's not just about listening to the audio, it also about interpreting what it is you that hear and writing it down in shorter sentences. So you have to pay close attention, understand the audio and analyze the files.
It can become challenging if the actual recording is poor or there may be more than one speaker in the conversation.
As the narrator said in their training video, you are transcribing 'market research projects,' which requires skill and it goes above the level of normal easy transcription.
He went on to state that even though the company has received a number of applications, they still found many candidates who were not qualified enough for the job.
The video also makes it pretty clear that you are an 'independent contractor,' when you sign-up with Babbletype.
That means that there also might not be a guarantee of jobs. Work availability varies.
As for the actual contract, most transcription companies have a pay per audio hour rate. That means that you get paid for how long the actual audio file is and not how long you spend on it.
For instance, an audio file can be 1 or 2 minutes in duration, but it can take you 15 or 20 minutes to transcribe it. You will only get paid for that 1 or 2 minutes.
And according to Babbletype, their minimum work requirements are 1 hour audio hour a day roughly 3 hours of your time. And 4 days per week, roughly 12 hours a week.
And lastly, it's not a passive income opportunity. You have to be active in doing the work, in order to earn.
If these aspects about Babbletype do not bother you, then perhaps you can give them a go.
At the end of the day, I do not think that Babbletype is a scam. They are looking for a specific and a limited amount of people to join their team. And nothing is wrong with that. They are only doing what is best for the company.
The take-away is that their selection process is tough so that no-one ends up wasting their precious time.
If at this point, Babbletype does not feel your ideal work-from-home business opportunity, then do not despair.
PUT YOUR TYPING SKILLS TO GOOD USE -BUILD YOUR OWN ONLINE BUSINESS
At the end of the day, the main thing that you are going to be doing is typing out what needs to be translated or transcribed.
You have another option.
You can put that very same effort and time of typing towards the building of your own online business.
I believe that one of the best ASSETS that you can invest in is Yourself.It all starts with investing in learning the skills if you want a better option, a different result.
Take a look at my NR.1 recommendation. You will learn the skills needed to build an online business that can and will offer you passive income potential. In fact, if you click on this link, you can also join my FREE 7-day course to learn how to get started right now.
All you need is just 7-days. If you do not like what you see, no harm felt.
Thanks so much for joining me on this Babbletype review.
I hope that it has helped you out.
Have you tried transcription jobs before?
What was your experience like? If you have not tried transcription jobs, would you consider doing it in the near future?
Looking forward to hearing from you.
Regards and Take Care