Startup cost: $100 - $500

Setup costs range from $100 to $500 depending on the scale and quality of tools and services you choose for your online course and digital product creation services. At the minimum end, you might only need basic software for content creation and platform fees for hosting your courses. On the higher end, investing in professional video editing software, graphic design tools, marketing services, and premium course hosting platforms can enhance the quality and reach of your offerings. Essential expenses include domain registration, course creation software, and marketing tools. Optional expenses might include hiring freelancers for content creation or investing in advanced analytics tools. Hidden fees could arise from transaction processing charges or platform commissions. It's important to research and budget for these potential costs. Online discussions suggest that while starting costs can be kept low, expenses can increase as you commit to improving the quality and reach of your courses. To take this side hustle seriously, a friend should budget between $100 to $500 to cover initial setup expenses.