If you want to have a great woodworking shop, you have to start with the basics. Not a lot of people have a couple thousand dollars to spend on a shop right away, so you will want to start with a few items, and then grow your shop from there. If you search the internet for a list of essential woodworking tools, you might be overwhelmed by the massive list that most handymen will give you. However, you really don't need a whole lot to make some basic cuts.
You can usually get most home improvement stores to make basic lumber cuts for you at a small fee, which means you won't necessarily need a whole lot of specialty saws in your shop from the get-go. However, you will be on your own for finishing work, which means you will need at least one table sander. If you think you will be doing a wide variety of projects, then you will probably want a combination bench top sander that includes a bench disc sander as well as a bench belt sander. Bench sanders stay in one location, and allow you to work the wood instead of worrying about messing with an unwieldy hand power tool.