Startup cost: $50 - $500

Setup costs range from $50 to $500 depending on the scale and tools you choose for your TikTok Creator Economy and Monetization Services side hustle. At the low end, you may only need basic equipment like a smartphone and internet connection to get started creating content. As you aim for a more professional setup, expenses could include investing in better camera equipment, lighting, tripods, and possibly even editing software. Optional costs may include paid advertising to boost your content's reach or hiring a virtual assistant to help manage your account. Hidden or recurring fees could arise from subscription services for analytics tools or scheduling platforms. While some creators may start with minimal expenses, others find that costs can creep up as they commit to improving the quality of their content. For a friend looking to take this seriously, I would suggest budgeting between $50 to $500 initially to cover essential equipment and potential additional tools or services.