Risk: Moderate

Starting a meme creator side hustle from scratch can be risky, especially for someone who can't afford to lose money. There is a possibility of losing money on software subscriptions, graphic design tools, or advertising costs with no guarantee of generating income. Beginners may struggle to create engaging content that goes viral, leading to a loss of time and energy. Some online sources mention cases of people investing in meme creation but failing to see a return on investment. Overall, the risk of losing money and time is moderate to high, with the potential for startup costs not paying off.