Very easy - you need something to sell. Ideally you need a good product, with a novel purpose, that isn't available in many other places. Failing that, a good place to start is with an Amazon or eBay shop. Forget making million by pay per click - it isn't going to happen.
First of all concetrate of developing a site with a topic that you enjoy writing about. Build up a good number of visitors per day, then start to worry about how to turn vistors into cash.
Depends on what kind of site you want to do. You can have a site selling products or you can just have content website and make money of affiliate programs, get pay per clicks, get paid for page impressions, sales, etc. The more traffic your website has the more money you will make. Create a website that you would enjoy. Something you know about and can get a lot of content for. Make the website user friendly and make sure you get them coming back by adding new content all the time.
find a good affiliate program that will work with your sites content. in my experience you'll do much better with a well matched affiliate program than you will with adsense.
To make some money, you need to lose some money at the same time. Using ad banners on other sites you would pay an averege of 5-15$ per month, and you get more traffic. Then you can also offer different sites a cheap plan of adveritisng your sites. Using Google adsence and etc is also very useful.
definitely write/buy a script that you can sell on to others (legally). if its written for you, and is unique thats better. offer it at a sensible price (not ott like some sites) and you stand to get a good but not mind blowing income.
Yeh it's always better to buy something then sell it for more. As well as using the advantage of profit.
the important question is do you have budget to market your site? if yes go ahead and try to market yor site using any ppc program
CPC, CPM, link selling, developing related new sites and transfering PR to them to create more profitable websites...
follow these things. 1- Create Fresh Content For your site. 2- Get as many incoming links as you can. 3- Optimise your pages. 4- Directory Submission after that you will have a nice and handsome traffic within weeks from search engines "If you domain not banned"