Pick a Domain Name

Start by buying a good domain name.

I recommend: Track domain value trends using DNJournal. BuyDomains and Sedo are the two most popular secondary domain markets. You can also do well buying domains from auctions.

Affordable Hosting

Who I recommend to host your website with.

I recommend: I like Dreamhost and Pair for  reliable low cost hosting services. If you are going to host many domains consider buying a dedicated server.

Logo & Website Design

Easy ways to build a website design and logo design.

I recommend: OSWD provides free templates for websites. Typically there is a decent template worth using that you can spruce up by adding a custom logo to it. Logo Design Works and Logo Bee are great service providers.

Content Management System

Learn how to manage your content.

I recommend: If you are going to create a rich and highly interactive website with user accounts Drupal is probably the best CMS on the market. If you are going to make a more simple website but intend to publish frequently Wordpress is nice. If you are going to make a small fairly static website then Dreamweaver is a great HTML editing tool.

Marketing

How to market your website.

I recommend: In my guide to learning SEO I actually cover a lot of ground on web marketing in general. Bolting that article onto this one should help you get your domain up and off the ground.