Risk: Moderate

Starting a Tours Curator side hustle from scratch can be risky, especially for those who can't afford to lose money. Beginners could potentially lose money on expenses such as setting up a website, marketing, or booking fees for tours. Time and energy investment are also significant, with no guarantee of immediate returns. There have been cases where beginners spent money on marketing efforts but didn't see a return on investment. Startup costs can vary but may not pay off right away, leading to initial losses. Online feedback suggests that some individuals have struggled with failing to generate enough bookings to cover their expenses. I'd rate the risk a 3 out of 5 because while break-even is possible, there is a moderate risk of incurring losses before seeing profits.