Risk: Moderate

1. What exactly could someone lose: Money, time, energy, and confidence. 2. Have you seen beginners spend money and get nothing back: Yes, beginners often invest in tools, parts, and training without securing a steady stream of clients, leading to financial losses. 3. Are there startup costs that might not pay off: Yes, costs for tools, replacement parts, and marketing can be significant, and without a client base, these investments may not yield returns. 4. What have you seen people online say about failing or losing money with this: Many report challenges in finding clients, underestimating repair complexity, and facing competition, leading to financial and time losses. I’d rate the risk a 2 out of 5 because there is a significant chance of losing money and time if one does not carefully manage costs, secure clients, and accurately assess repair skills. Many beginners struggle with these aspects, leading to potential financial losses and wasted effort.