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III. GETTING STARTED ON YOUR WAY TO A SUCCESSFUL MEDICAL TRANSCRIPTION HOME BUSINESS.
Once you've made your decision to pursue medical transcription, the very next thing to do is COMMIT YOUR DECISION TO ACTION. You need to define exactly what your future will look like and how you will go about realizing this dream. It's no coincidence that the most successful business owners are those who have taken the time to do the next few steps. Think of this process as drawing a map toward your final destination, with each stop along the way anticipated and planned for. Going through this simple process now will keep you from drifting off course and will keep you focused on your goal - and your eventual success.
First, write down your final objective, and be specific. "I want to be a medical transcriptionist" is too vague and does not really define what you want your future to look like.
"In two years from today, I will have my own medical transcription business at home that will provide me with the income I need of $_________ per year." That's specific. That's real.
Next, list the individual steps it will take to get from "here" to "there" -- every single thing you need to do to make your final objective become your new reality.
Of course you will need training -- write it down. Better yet, include the step of investigating the type of training to take.
Do you need to factor in a transition from a current job? Include that statement.
You will probably need to modify your budget to allow for the purchase of business equipment and reference books in addition to paying for your training; include each item.
Will you need to provide additional daycare for your training time?
Include it.
Will you need another car when you start your business? Factor it in.
Do you need to also brush up on typing skills, or really learn the inner workings of your computer? Factor in this training also.
Will you need to do minor or major remodeling for a home office? Write it down.
You need every step written down -- and be sure to list the steps in logical order that they need to occur.
Next, assign a timeline to each step, and try to be realistic. Remember, you are not only starting your own business, you are also learning a new and difficult profession. It's a big gulp all at once!
Your training will generally take from six months to two years, depending on the course that you choose. Marketing and getting your first client may take another couple of months, and then you need to give yourself a few months to "settle in" to this new profession. Don't count on meeting your final financial goals the first year (although with luck you may do even that -- I did). I do think it's reasonable to expect to meet those financial goals within two years of starting your business.
You may not be certain of each step's timeline, but give it your best guess. None of this is written in stone and there are always circumstances that can speed up or delay your progress, but you do want to have your map drawn as clearly as you can.
To complete this step you may need to do additional research about the requirements of a home-based medical transcription business.
Next, for any step that will require a financial outlay, write down the TOTAL AMOUNT, and the amount you may be able to pay incrementally. Many training schools allow monthly payments and/or take charge cards. Computer and office equipment can also be paid for over time if necessary. Be thorough in this step as it can materially affect your business income and profit.
YOUR FINAL PRODUCT SHOULD BE A COMPLETE GOAL SHEET OF EXACTLY WHERE YOU WANT TO GO, HOW LONG IT WILL TAKE YOU TO GET THERE, HOW MUCH IT WILL COST, AND, VERY IMPORTANTLY, WHAT "THERE" WILL LOOK LIKE WHEN YOU ATTAIN IT.
When you've done all the above steps, go back through and give yourself two things: one, a break, and two, a time for a couple of important celebrations. This is a huge commitment you are making with the promise of a new career and new way of life waiting for you at the end. Plan to take a quick break when you're halfway through your course - you'll need it. Definitely celebrate when you've completed it! And REALLY CELEBRATE when you get that first job or land your first client!
Spend some time reviewing your goal sheet, and by all means discuss it with your family members who will be affected by these changes. When you're ready, MAKE YOUR COMMITMENT to these goals. Keep the goal sheet handy to check your progress and make adjustments as necessary.
When I finished my goal sheet I also made another page that I printed in a huge font, framed and hung in front of my treadmill where I'd see it every day over the course of my transition. This sheet said:
GOAL COMMITMENT DISCIPLINE SUSTAINED EFFORTS FOLLOW-THROUGH AND FINISH SUCCESS AND PAYOFF
Keeping this always (literally) in front of my face and referring to my goal sheet frequently not only kept my ultimate objective alive for me, it kept me absolutely focused on the results I was determined to achieve. I also played a mental movie of what my new life would be like on a daily basis. I tried to picture precise details of my new home business -- what a typical day would actually consist of -- and I was thrilled when it all came true exactly as I pictured it; in fact, it was almost surreal.
Whatever you can imagine, you can achieve; the clearer and more specific your goals, the sooner they will become your reality.
III. MEDICAL TRANSCRIPTION TRAINING DECISION
There are a number of options available to those seeking medical transcription training. These include local community college or business/trade school classes; distance learning classes (home study courses) offered by several large and well-known schools; training side-by-side with another transcriptionist; and, possibly, learning it on your own. Unfortunately, the options also include training with shortcut, fly-by-night correspondence schools - let the buyer beware...
If you are a person who is stimulated and challenged by the presence of other learners, if you learn best with a "live" teacher present to answer questions and give you guidance or coaching, consider a local community college or business/trade school.
If you are self-disciplined enough to follow a home-study curriculum, if you really learn best on your own and prefer to work at your own pace, if your current schedule or responsibilities would not permit you to physically attend classes or if there is not a local school available, consider a distance learning school.
When you research learning opportunities, just be sure that your course will offer ALL of the following:
Medical Terminology; Acronyms, eponyms, abbreviations; Anatomy; Physiology; Laboratory tests and values; Medical procedures and equipment; Drugs; Transcription formatting; Ethics of medical transcription; Research methods and resources; Brush-up typing (if you need it); Brush-up English grammar; Marketing; MT "business" skills; Instructor availability, either in person or by phone; ... and LOTS of actual transcription practice (including dictation by foreign-accented providers).
Each course that you investigate will be structured somewhat differently and will offer different values - one will suit you better than the others. One course may include a computer, another may include a transcriber, another may offer an apprenticeship program at the conclusion of the course, another may offer some sort of accreditation. Some courses offer employment opportunities or job-placement services. Some courses provide reference materials, others require that you purchase them in addition to the course. Ask about the details of each course and find the one that gives YOU what YOU want -- and then investigate it thoroughly.
A reputable course will EXPECT that you wish to check with its graduates for references. DO take the time and DO make the effort to call and talk with former students and be specific in your inquiries. Ask if the course material prepared them to work in the "real world" without a long period of post-study apprenticeship. Ask if foreign-accented dictation was included (there are many, many foreign doctors practicing in the U.S.). Ask how strong the research training was -- this is absolutely critical to your success as a home-based MT. Get a feel for how extensive the actual transcription practice is, and how thorough the anatomy training. Don't ask questions that will yield a one-word answer but start with "can you tell me about...." This is your time and money you are investing -- be sure that you will get value for your investment.
This is a good question to ask online -- you will find many students and former students eager to share their experiences with you.
In my opinion, to be well prepared to work at home, you can't rush through a course. This is one area where you really don't want the "bargain basement" deal. As in everything else in life, you get what you pay for. Much of the terminology, anatomy and physiology learning is done through memorization -- and you just can't rush the process. You need time to understand what you're learning, and time to cram it into your brain. When it comes to the actual hands-on transcription, you also need time to accustom your hands and brain to work together typing words like "endoscopic retrograde cholangiopancreatography." (You think that happens overnight??) You also need time to build up your transcription speed to the point where you can make the money you expect to make. When you are paid pennies per line, you must type a great number of lines to make the good income you hope for!
Be aware that, although some courses offer a "certificate of completion" and/or claim "accreditation" -- none offer certification in the American Association For Medical Transcription, the "CMT" that some medical transcriptionists are proud to add to their names. This certification is offered ONLY through AAMT and requires two tests. The general advice is that transcriptionists with less than three years' actual experience should wait for certification. (You are not required to obtain this certification in order to work. Many institutions will pay a slightly higher wage to certified MT's, but many other employers/clients are not aware of either AAMT or the CMT status.)
One final word: In my years of participation in MT online exchanges, I have noticed that most of us feel the way that WE prepared for this profession is the best way. Because my experience is with a formalized training, I find it difficult to imagine someone NOT taking a transcription class but instead learning the necessary skills at another MT's knee or on one's own.
With the foundation of terminology, etc., that my course provided, I find it hard to understand where that particular knowledge would come from if you are trained one-on-one by another MT. Yet -- it happens, and those new MT's feel they are well prepared. (This is another area where I yield to others' experience.) It would certainly be a good way to ease into the business once you have a basic knowledge of terminology, etc.
On a personal note, I took a year to finish my home-study course, and I worked full time for most of that year. It was a demanding, exacting course, it was not cheap, but it gave me the results I wanted. You must not expect to be a top-notch medical transcriptionist the day you complete your training. You will "graduate" with entry-level skills, and hopefully this will be just the beginning of your learning experience. This is one of the reasons so many of us find this field so challenging -- the learning never stops.
TRAINING AIDS
These are a few of the methods I used to supplement my training class and enhance my learning to better prepare me to begin my business right away.
** I switched from my familiar but inadequate word processor to WordPerfect and learned it thoroughly.
** I studied as much as I could by TYPING THE TERMINOLOGY. While learning medical terminology, I typed each word and its definition into documents and then manipulated the text so I was able to "test" myself constantly by bringing up either the word (and then typing the missing definition from memory) or by bringing up the definition (and typing the missing word). I also made my own voice recordings of both words and definitions and used them in learning to type the missing elements. Both of these methods accustomed my fingers and brain to work together long before I was required to try actual transcription. It's a little like learning to play the piano or other musical instrument -- your brain is not the only organ being challenged, and the more practice you get, the better off you are with transcription.
** I used my re-recordings of terminology and definitions while on the treadmill, in my car, while my husband watched racing on TV -- or any spare minute that I had around the house. I truly immersed myself in the course work as much as possible and feel I gained a good foundation of basic knowledge this way.
** I supplemented the course anatomy and physiology text with that from a local community college MT course, plus other texts my son had used for his paramedic training. While learning each anatomical system, what may not have been covered by one text was certainly taught by one of the others.
** I learned many of the features of WordPerfect while studying MT so that when I was finished with the course I was also fairly expert with the word processor. This proved to be beneficial when clients asked for "fancy secretarial stuff" in addition to MT work.
It's much harder to learn how to produce tables, lines, text enhancements, etc., when you're working against a deadline. It's also very much to your advantage to know how to REALLY use macros -- even the advanced programming macro language features. They truly enhance your productivity (and they take awhile to learn). For a few years, the backbone of my business income was based on a workers' compensation form I developed for a client that is driven entirely with macros -- well worth the time it took me to learn this particular feature.
** From my former job, I was already a database program user -- and I highly recommend knowing how to use a simple database program. You can use it in future marketing and in your daily work, and you can also use it to supplement your MT study program.
** I purchased a medical online speller utility (Stedman's) while I was still doing the course work. I still learned how to spell all the terminology by using my learning methods as above, but I also produced quality work to send in for grading. You will be using the speller as you work for clients and I felt like I wanted my first "work" to be as professional as it would be later on.
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