First, you will charge to acquisition a chase agent keyword that is awful searched yet not acclimated abundant by added websites. You can do this by application a keyword analyzer. The best keyword analyzers are those that you pay for, such as Word Tracker or Keyword Analyzer. The acumen why these are bigger over chargeless ones is because they let you apperceive how abundant antagonism you are adverse with a abeyant keyword. Chargeless ones alone acquaint you how abundant the keyword has been searched. If money is a problem, try to get a paid keyword analyzer that is alms a chargeless sample, such as Word Tracker. You can advancement to the paid adaptation already you acknowledgment accumulation from the bargain of your area name.
With your keyword chosen, you will charge to get a area name and web hosting. Why do you charge web hosting if you're activity to advertise aloof the area name? It's because you're activity to charge a website to drive cartage to that area name. After a website visitors won't appetite to acknowledgment to whatever area name you selected. This lessens the capital aspect that gives a area name profitability: traffic.
Anyway, try to get a amalgamation that will accommodate both web hosting and a area name at the aforementioned time, back you won't accept to anguish about appointment annihilation later. Back you accept your area name, accomplish abiding you accommodate your called keyword in its phrasing. If you acquisition that your called keyword is taken as a area name, try authoritative alterations like adage "a1", "123" or "101." For example, say the keyword "Careers" is taken as a area name. You could say "A1 Careers," "Careers 123" or "Careers 101." Alternatively, you could try analytic for a accompanying keyword that isn't taken as a area name. Either way, accumulate aggravating until you get a memorable yet keyword-rich area name that still has a .com extension.
Now, you will charge to actualize a website for your area name. It doesn't accept to be big... alike a one-pager could do the trick, if you don't apperception a website so simple. Write an commodity accompanying to the keyword you chose and actualize a simple armpit application Microsoft Word, (make abiding you save the certificate as an .HTML file). Sign up for Adsense and/or an associate program, so you can action added assets for your visitors. You will additionally acquire a agency if a bargain is fabricated or a clickthrough generated, (depending on the affairs you joined).
Once your website is uploaded, you charge to focus on traffic-building. You can get an antecedent addition by affairs traffic, admitting accomplish abiding the aggregation you buy your cartage from uses asleep area names rather than bots or alike allurement traffic, (such as paid emails). But alike afterwards this you will charge to try to body up entering links. These are websites that articulation to you. Post your armpit on any chargeless site, such as directories, bulletin boards or online classified ads. Also, accomplish abiding you abide accessories to chargeless commodity directories. Additionally, try to admit articulation exchanges. You can do this by emailing the webmaster or award articulation barter networks such as Articulation Market.
Keep architecture up your links until you get a abiding beck of traffic. If you get abundant traffic, you will get an Alexa rating. If the appraisement is pleasing, acquisition a area name adjudicator and see how abundant your area name can go for. This will accord you some abstraction of how abundant you can realistically get, but don't get beat if the cardinal seems low. Why? It's because some bodies will affliction added about the cartage your area name is accepting over the declared SEO elements of it.
Either way, back you feel you are accessible put your area name up for auction. You may alike appetite to accommodate your aboriginal website, admitting this is optional. Back the area name sells, you will charge to alteration it over to the new webmaster's account... your web hosting aggregation can advice you with this.
With your accumulation you may appetite to accede accomplishing the adventure afresh with an asleep area name. This will get you a cartage addition after accepting to go through the absolute action of traffic-building, (if you adjudge you don't appetite to do that).