5mo
Startup cost: $100 - $3k
Setup costs range from $100 to $3,000 depending on the quality and scale of equipment and tools you choose to invest in for UGC content creation. At the bare minimum, you can start with a smartphone or basic camera for around $100. Optional but recommended tools like professional cameras, tripods, lighting equipment, and microphones can range from $500 to $1,500 or more. Editing software subscriptions like Adobe Creative Cloud add an extra $10 to $50 per month. Platforms like YouTube, Instagram, or TikTok are free to use. Hidden costs might include props, sets, or backdrops that can vary in price. Recurring costs for props or equipment maintenance could be around $20 to $50 monthly. It's important to budget for potential unexpected costs that may arise. Online discussions suggest that costs can creep up once you commit to higher quality production. To take this side hustle seriously, a friend should budget between $500 to $3,000 initially.
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