Watch For Scams

Medical transcription and medical billing are the two biggest pitches on the internet. Do your homework on it first, Dave says.

QUESTION: Charlotte has a day job as a commission-only loan officer. Her income has dropped to a third of what it was two years ago. She has taken a part-time serving job to supplement her income, but she doesn’t like it. She heard about medical transcription and thinks she’ll double her income, but Dave thinks otherwise.

ANSWER: Medical transcription and medical billing are the two biggest pitches on the Internet for starting your own business. Do a lot more investigating before you spend money on school to do this and make sure that you can get enough work for yourself. A lot of people have gotten certifications on this from the Internet and not found work afterward. Be very careful.