In the short term, the key elements for getting started is that you can record clear audio and film steady, stable footage (i.e., no shakiness).

If you're just getting started with video and hesitant to acquire new gear, start with this:

• Your smartphone
• A basic tripod + tripod mount (cradles the phone and attaches to the tripod). A ring light typically performs both of these functions.
• A starter lavalier microphone (the type that clips onto your clothes and is connected via a cable to your phone)

The above would not qualify as professional grade but it can give you a good foundation to build on. This video was filmed with the above setup:

https://youtu.be/yj8Np5cTi38

Note how this was filmed in an unglamorous hotel conference room:

Here are our recommendations and rough guidelines to get started, as well as options for going further into more sophisticated equipment. Note: pricing may have shifted.

Audio

• Starter Lavalier Mic - USD $22
• Better Lavalier Mic - USD $40
• Yeti Podcasting Microphone - USD $90

Rode is a microphone brand that is generally a solid choice for microphones. Most everything this company makes is well-regarded by video creators.

Camera Stabilization