I'm give my voice to Dedispot,if you are beginner, you may start with VPS reseller program, you may ask your VPS provider about their program.
After that you can start your own server, with OpenVZ it's much easier than Xen for beginner.
If you need free control panel you can use HyperVM.
For billing system you can use WHMCS or Hostbill.
Honestly? I think your best bet is to not jump into this just yet. I'd rent a couple cheap dedicated server with like 8GB of RAM or less from a place like Datashack or elsewhere, I'd play with different virtualization types and softwares. I'd have someone break things, so you can learn to fix them.
There is a lot more to it then just renting a server, installing SolusVM/OpenVZ, installing WHMCS and becoming a 'host'. Thats the bare minimum which most do, which is why most VPS providers aren't successful. They offer no real service that is different from others, so learn everything inside and out. Express this knowledge of yours in communities, showcasing you know your stuff, try to do something a bit 'different' then all the other run of the mill providers offering the same services out of the same location as yourself, and then you'll have a recipe for success.
Also, don't compete on price. The last thing the industry needs is some cheap-o lowend host trying to offer everything for nothing. You've got to remember the majority of these 'hosts' are teens living at home or have a real fulltime job, their business models aren't sustainable and that very few actually live off their earnings in that market. Even fewer offer services at a low price and are able to maintain quality, though these are the folks with their own fully owned hardware and aren't pushing stuff for as little as possible.
vpsBoard - An active resource for all things Virtual Private Servers. Tutorials, Guides, Offers and more!
Come join the conversation! 90,000 posts and growing daily! The fastest growing hosting forum around!
Just to your first question, the issue is not about how big is RAM. you going to have problem with I/0 and processors
█ CheapWindows VPS | Linux VPS | Dedicated Servers Within Your budget
█ Accept Credit Cards, PayPal, Payza, PerfectMoney, Moneybookers, BitCoin and ....
█ Instant Windows and Linux VPS Activation
Thank you all for your input and time for this post. I am learning a lot.
Let me explain that although I am new to VPS hosting, I am not new to server technology. Infact I have services of a very experienced System Admin available for me and we are already doing very good in some other niche. But now since I am paying this sys admin full time, and I can get more services done by him in this time, so I am planning to also introduce a new product line which is VPS hosting.
All the technical work will be handled by him, while I can focus on marketing/Support.
One more thing, how many VPs I can easily manage on a 32 GB box without overselling?
A friend of mine rent really cheap server there and I personally helping him all the time and for their price they are much better than OVH and/or hetzner. However, their support is super slow but on the other hand you have idrac/KVM with the server.