This method requires a little bit of technical background, limited money up front, and some time.
1. Buy a domain – $8 / year.
2. Buy a Super Reseller Plan from godaddy for $199.99 / year.
3. Set up your website offering webhosting for sale.
4. Sell your webspace at $5 / month.
Now, let’s thing about this. you are spending only $208 a year, but you have the possibility to make A LOT of money. Let’s say you attract and get 30 people a day to buy webhosting from you, that’s only 1 person a day which is definitely easy to obtain. Now, the customer pays $5.00/mo. So you are making $150 for the first month. That’s not a lot, but think about this: you get 30 ADDITIONAL customers the next month. Now you are at $300 a month. That’s an extra $3,600 a year. This method is certainly scalable.
If you have any questions for me, use the contact form on this page.
Thanks,
John