5mo
Startup cost: $500 - $3k
Setup costs range from $500 to $3,000 depending on the tools and services you choose. At the minimum end, you would need to invest in essential software for AI video generation and basic equipment like a computer with decent processing power. On the higher end, additional expenses may include premium AI tools, video editing software, and potentially outsourcing tasks to freelance experts for more advanced strategies. Essential costs include software subscriptions, basic equipment, and potentially some initial ad spend. Optional expenses could include premium tools, advanced equipment, or hiring consultants. Hidden fees might include subscription renewals for software or ongoing ad costs. Online discussions suggest that while starting costs can be kept low, expenses tend to increase as you commit to more advanced strategies or tools. If you're serious about this side hustle, budgeting around $1,500 to $2,000 would be a reasonable amount to cover initial setup and operating expenses.
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