Startup cost: $500 - $3k

Setup costs range from $500 to $3,000 depending on the level of investment. At a minimum, one would need to invest in basic video editing software, which could be around $100-$300, a decent quality microphone for voiceovers costing $50-$100, and potentially some stock footage or images for video creation, ranging from $50-$200. On the higher end, additional expenses could include a high-quality camera for filming original content, which might cost $500-$1,000, professional lighting equipment at $200-$500, and premium video editing software subscriptions at $200-$500 annually. While essential items are video editing software and a microphone, optional expenses like a camera and lighting can enhance the video quality. Hidden costs to consider might be subscription fees for stock media or video hosting platforms. Online feedback suggests that costs can increase as one commits due to the desire for better equipment or software upgrades. To take this side hustle seriously, a budget of $1,500-$2,000 would be recommended for a comprehensive setup.