I’m hoping that you made some money in your first step – at least enough to get you started with Phase 2.

This next step isn’t too bad, here’s what you need:

1) You need a Domain Name – you can get this through goDaddy. This should cost under $10 per year!

2) Then you need website hosting.  While you can have your  account hosted on goDaddy, we recommend HostGator.  This will cost under $10 per month.

3) Then you need a website platform – you can install a wordpress blog (free) on HostGator, or you can design your site on a popular programming platform.

* Click here to learn two simple yet highly effective ways to find a niche, build a website, and generate profit with minimal or no risk.

Domain Name

Now this may be putting the cart before the horse, as normally you would do your product research before you considered a domain name.  But since we’re assuming that you’re going to promote in the financial newsletter niche, make it something financial related.

We’ll spend a bit more time on this in later sessions, but remember the goal of this newsletter is to get you up and running as soon as possible, as efficiently as possible (meaning not spending too much money).

So assuming that you’ve gone through the creative process and you want to create a financial blog type website and you’re going to name it imapermabearandidon’tcare.com – you need to buy the domain.

GoDaddy is simply the best place to buy your domains, and not just because of their SuperBowl commercials.

Click here to visit GoDaddy and buy your website Domain now!

Remember, you’re just buying the domain.  GoDaddy will park it until you sign up with your host (conveniently called Hostgator). We’ll cover hosting next…

When signing up for a domain name, you have the option of paying up for 3, 5 or even 10 years!  Always buy up for the longest term option.  Remember, these sites will be up on the internet making you money – so you want them to be up for a long time.

Also, Google’s famous algorithm considers website age in it’s ranking.  You can actually buy older domains – but that’s a more advanced topic that we’ll cover later.

Website Hosting

Now that you have your very first website domain, you need to have it hosted.  I’ve been in this business long enough to know the number one place for affiliate hosting is HostGator and the best package to get from them is the Baby package.  It costs only $7 a month and you can have unlimited domains.  They have the best platform and customer support.

Click here to sign up for your HostGator “BABY” hosting plan.

Again, you’re faced with buying a monthly payment plan, or a 1, 2 or 3 year plan.  I always buy up for the longest term package.  It costs you more upfront, but in the long term, when your business model is website based, your expenses will be zero for year 2 and 3.

Once you sign up with HostGator to host your site, they’ll send you an email with your NAMESERVER information.  You need to sign back into your go daddy account and enter in the new nameservers.  You’re basically telling them who’s hosting your site…  And in a matter of a few minutes to hours, your site will be ready to populate with content.

Update – Using Multiple Hosts

One issue that you will potentially face as you grow your affiliate business is the need for multiple hosts.  Why?  Because when you have one host, with many websites, they will have the same IP Address.  So if you’re interested in establishing links between the sites – it will be better to have multiple hosts.

I’m a big fan of growing your business as your revenue grows.  So wait until you have a certain amount of automatic income coming in the door, then establish a second host.  Here’s a great place – and my #2 recommendation behind Hostgator.  They’re called HostMonster!

CLICK HERE TO SIGNUP FOR HOSTMONSTER.COM

Again, they’re price is very low and their customer service is high.  But only sign up when you’re already bringing in enough revenue to support a second host.

Continue here with Phase 3: Websites