Startup cost: $100 - $1.5k

The low-end estimate covers basic equipment like a decent headset and free transcription software. The high-end estimate includes a high-quality headset, foot pedal, professional transcription software, and marketing costs. Essential costs are the headset and software, while optional costs include advanced tools and advertising. Hidden fees might include software subscriptions. Online communities often mention that costs can increase as you scale up or seek higher efficiency.