Startup cost: $2k - $10k

Setup costs range from $2,000 to $10,000 depending on the scale and quality of the AI music licensing and rights management platform you aim to create. At a minimum, you'll need to budget for website development, licensing fees for music rights, legal services to ensure compliance, and marketing expenses to attract users and musicians. Optional but recommended expenses might include investing in AI technology for music analysis and royalties tracking software. Hidden recurring fees could arise from ongoing licensing costs and platform maintenance. Online feedback suggests that initial costs may seem manageable but can increase as you commit to higher-quality services and expand your platform. To take this side hustle seriously, a friend should budget between $2,000 and $10,000 to ensure a professional and sustainable start.