Risk: High

Starting a side hustle with an AI Student Progress Tracking System can be risky for beginners, especially if they can't afford to lose money. There is a potential to lose both time and money if the system doesn't gain traction or generate revenue. Beginners might spend money on software development, marketing, and maintenance without seeing returns. Startup costs for developing and implementing the system can range from $5,000 to $20,000, and there is a risk that these costs may not pay off if the system doesn't attract users or customers. Online feedback highlights instances where individuals have failed to make a profit or recoup their initial investments with similar ventures.