5mo
Startup cost: $5k - $20k
Setup costs range from $5,000 to $20,000 depending on the scale and quality of equipment and services chosen. At a minimum, one would need to invest in a reliable computer system, high-speed internet connection, video conferencing software, and possibly a digital pen tablet for annotations. On the higher end, additional expenses may include AI software subscriptions, remote patient monitoring devices, and telemedicine platform licensing fees. While essential costs are focused on technology and software, optional expenses might involve marketing campaigns or website development. Recurring fees can include software subscriptions and platform maintenance costs. Feedback from online communities suggests that initial estimates can escalate once commitments are made, stressing the importance of budgeting carefully. To take this side hustle seriously, I would recommend budgeting between $5,000 to $20,000 to ensure a professional setup and adequate resources for growth.
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