Startup cost: $500 - $3k

Setup costs range from $500 to $3,000 for starting a DAO governance consulting side hustle. At the minimum end, you would need funds for basic website hosting, domain registration, and marketing materials. On the higher end, investing in professional website design, legal advice, and advanced marketing strategies can enhance your credibility and reach. Essential expenses include creating a professional website, branding materials, and initial marketing campaigns. Optional expenses might include legal consultations for regulatory compliance. Hidden fees could arise from ongoing website maintenance, software subscriptions, or legal compliance updates. In online communities, people note that while starting costs can be kept low, ongoing expenses may creep up once the business is established. To take this seriously, a friend should budget between $500 to $3,000 to cover initial setup and essential tools for launching a successful DAO governance consulting business.