The "Build Your Own SOC Lab" project addresses the critical need for effective cybersecurity measures in today's increasingly digital world. This paper offers a detailed guide for organizations and individuals aiming to establish a functional and efficient Security Operations Center (SOC). Emphasizing cost-effectiveness, adaptability, and scalability, it provides step-by-step instructions for setting up a SOC lab, covering essential components such as hardware, software tools, and network infrastructure. The project also explores various use cases, including threat detection, incident response, and security monitoring, to facilitate hands-on learning and enhance cybersecurity capabilities.