Risk: Moderate

Starting a side hustle like Thrifter, which involves buying and reselling items, can be risky for beginners, especially if they can't afford to lose money. Here's why: 1. Financial Loss: Beginners might invest in inventory that doesn't sell, leading to financial loss. If items are bought at a higher price than they can be sold for, this can result in a net loss. 2. Time and Energy: A significant amount of time and energy is required to source, list, and sell items. If the hustle doesn't pay off, this investment of time and energy can feel wasted. 3. Confidence: Failing to make sales or losing money can impact confidence, making it harder to continue or try new ventures. 4. Startup Costs: There are initial costs like purchasing inventory, storage, and possibly marketing. If these don't lead to sales, the costs might not be recovered. 5. Online Experiences: Many people online report challenges in making a profit, especially when starting out. Some mention overestimating the resale value of items or underestimating the time required to make sales. I’d rate the risk a 2 out of 5 because many people lose money if not careful, especially when they don't have experience in pricing and selling items effectively. The potential for financial loss and wasted time is significant for those starting from scratch without a safety net.