Startup cost: $500 - $3k

Setup costs range from $500 to $3,000 for an AI-Powered Precision Medicine Consulting business. At the minimum end, expenses may include setting up a basic website, registering the business, and investing in initial marketing materials. On the higher end, additional costs could involve advanced AI software subscriptions, specialized medical databases, and hiring professional consultants. Essential expenses include domain registration, web hosting, legal fees for business registration, and basic marketing tools. Optional costs might include premium website design services, advanced AI algorithms, and targeted advertising campaigns. Hidden fees to consider could be ongoing software subscriptions, data storage costs, and professional development courses to stay updated in the field. Online feedback suggests that while starting costs can be kept relatively low, they tend to increase as the business scales up and more advanced tools and services are required. To take this side hustle seriously, a friend should budget between $500 and $3,000 initially to set up the necessary infrastructure and tools.