Risk: High

Starting as an AI Procurement Intelligence Consultant from scratch can be risky for someone unable to afford losses. Potential risks include losing money on software subscriptions, marketing efforts, and training programs, as well as investing time and energy without guaranteed returns. Beginners may spend money on tools and education without generating income initially. While there are startup costs ranging from $500 to $2000, success is not guaranteed and these expenses might not pay off. Some online discussions mention failing to secure clients or struggling to cover expenses, leading to financial losses for inexperienced consultants.