I wouldn’t give up on Craigslist or garage sales.. For around $1K or less, you can pretty easily find the four big ticket items (TS, BS, Jointer and Planer) and have the extra $2K to spend on accessories, material, DC, other goodies, etc. The key is patience and persistence, and if applied correctly, you can have a fantastic setup for very little compared to purchasing new. If you are setting up a business, you don’t usually have the time to scour for good deals, but for a personal shop, there is no pressing need other than that itch to get something done.
About Youtuber LAB11 Created designer furniture from scratch from wood and recycled materials like pallets or customizes and repairs existing furniture. The watchwords for our creations and customizations are: Pretty, durable and solid things. Here are the videos of some projects creations but also of layout of the workshop, A video per month out at least.
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"Plaintiff never complained of discrimination to the on site owners. Moreover, Wirths invested a great deal of their personal time counseling Plaintiff to become a successful supervisor and Plaintiff never complained of difficulties with her direct supervisor even though Woodworker's Supply had and enforced (1) an antidiscrimination policy, and (2) a mandatory requirement to immediately report all incidents of discrimination."


But until then, I’ve been thinking of other ways to use my hands and create things.  (Even though many of our saws and tools have been stolen.) But I’m feeling a little antsy to make some quick projects, because creating makes me extremely happy…..so we’re calling this surge in me to create something simple, THERAPY.  In fact, I need to call up a few friends and have them make some with me because friends and creating is a favorite combo of mine!  (Any out of town-ers want to fly in?! ;) )
One of the great furniture woods, Mahogany has a reddish-brown to deep-red tint, a straight grain, medium texture and is moderately hard. It takes stain very well, but looks great with even just a few coats of oil on it. For an even more distinguished look, exotic African Ribbon-Striped Mahogany adds amazing grain and texture elements to this already beautiful species of wood.
Even if you don’t live in a rustic log cabin, you can give your home a great cabin look by simply planking one or more walls. This is a relatively easy project that will add beauty and value to any home. Just choose the wall that you want to change, and add wooden planks which you can pick up at most home improvement stores for very little. Then stain if you want and you have a lovely cabin type wall

Steve Ramsey.  He's an energetic, fast-talking eccentric whose built his channel based on projects that can be done without investing in fancy tools.  He trudges out a banged-up table saw from his garage, chops stuff up on the bed of his truck, and generally produces well-structured projects - even if I can't agree with his design aesthetic and color choices.  Lots of good stuff to learn and a great channel for someone starting out.  
Finally, at the beginning you'll do just fine with a basic set of router bits that run ~$40.  A starter set will typically include straight bits for edge matching material, a selection of edge finishing bits, and some joinery bits.  As you work on a few projects you may find that more specialized bits are needed.   But specialized bits are expensive - so purchasing them as you have a specific need makes more sense than buying in anticipation of a need.
Carl Jacobson has created over 350 videos to overwhelm you with project ideas, some of which you can complete in less than an hour. He takes you through the entire process from preparing the wood to the sanding and finishing of the project. Carl releases a new video every Friday with a follow-up video every Monday to answer questions based on the feedback he received over the weekend.

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