For me, the minimum must have list for power tools (yes, you can do it without power) is bandsaw, benchtop belt sander, drill press and a shop vac with a HEPA filter. Don't put off the last item, especially if you do any power sanding. A good dedicated dust collector would be better, but isn't a minimum. Things you will want but aren't absolutely necessary include a router and tablesaw, though if you don't have either then you will need a good circular saw. Also, a flex drum sander on the drill press is an awesome neck shaper.
My hand tool minimum includes a chisel, shallow gouge, a long plane and a short plane.
Are clamps tools? Senamtics aside, you will need a bunch. You need a very accurate steel ruler and if you're like me a magnifying visor to be as accurate as the ruler.
"First you master your instrument, then you master the music, then you forget about all that ... and just play"
Charlie "Bird" Parker
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