5mo
Startup cost: $500 - $3k
Setup costs range from $500 to $3,000 depending on the tools and services you choose to utilize. Essential expenses include membership fees to join the mastermind group, which typically range from $300 to $1,000 annually. Optional expenses might include investing in courses or coaching sessions, which can vary from $200 to $1,000 per session. Hidden fees may involve software subscriptions for communication or project management tools, costing around $50 to $200 per month. Recurring fees such as monthly membership dues or ongoing training can add up to $100 to $300 monthly. In online communities, people mention that costs can escalate as you commit further to additional training and resources. To take this side hustle seriously, I would advise budgeting between $500 and $3,000 to cover initial setup and ongoing expenses.
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