Many moms are looking for home-based businesses for a variety of valid reasons. There are stay-at-home moms who want to earn the family a second income, those who want to get out of the rat race, moms who don’t want to send their kids to daycare all day every day, which will save a ton. of money in itself, and many more reasons.
Looking for a job from home can be overwhelming. Many people don’t even know where to start. Moms are afraid of being scammed, as scams are everywhere. They want to find a real way to work from home and earn money. Some moms find business opportunities like direct sales, but end up spending a lot of time and money and barely earning anything. So where are the real high-paying home-based businesses?
A serious and completely legitimate home based job is medical transcription and it pays well. A medical transcriptionist is a person who converts a doctor’s voice dictation into a typed format. As long as there are patients visiting doctors, there will always be a need for medical transcriptionists. In fact, it is a lucrative field as the healthcare industry is a multi-billion dollar industry. Government economists predict that job growth for medical transcriptionists will be faster than average for all careers through 2014. An aging population will need more health care and insurance companies will continue to require more documentation from physicians and therefore of the transcribers.
To be a medical transcriptionist, you need to be a fast typist, speak fluent English, and take a medical transcription course. The course can be taken in the comfort of your home at your own pace if you wish, and can be completed in as little as 6 months. If the cost of tuition is an issue, there are schools that offer flexible payment plans. You will need to learn medical, anatomical, and physiological terminology in order to understand the complex medical terms used by doctors. To become a competent medical transcriptionist, you will need a lot of practice and hands-on experience.
Once you complete your course, you can work for hospitals or private doctor’s practices. More and more hospitals and clinics are hiring home-based medical transcriptionists because it saves them money. Some medical transcription schools offer assistance in finding a job once you graduate. You can also search newspapers, online classifieds, and send letters and a business card to doctors’ offices and hospitals.
This is something to go into only if you are serious and dedicated. There is a lot of study, learning, and investment of time and money involved. If you work at home as a medical transcriptionist, you will need to purchase some equipment and reference books. This is an investment in your future and it will pay off once you earn a full time income working from the comfort of your home in your favorite pink tracksuit. As a new medical transcriptionist, your salary will be less, but once you become an experienced and competent medical transcriptionist, your salary will increase. Medical transcriptionists earned a median salary of $29,880 in 2005. The median hourly wage was $14.36.