How to Create a Website and Earn Money.......

Method1

Create A Website
Define your goal. In order to attract any investors (in the form of advertisers) you must have a place for them to sell their wares. Attracting advertisers must be your primary goal, as that is what will make your financial aspirations a success.
Know what advertisers or ad placement algorithms are looking for in an advertising venue (i.e., your website): generally, it's potential buyers with disposable income who visit your site in significant numbers, and would be interested in products that are closely related to the content on your site.
What you want in a site, then, is to attract—and keep—a lot of visitors. The longer they stay, the more likely it is that they will eventually leave your site by clicking not on the back button, but on your advertiser's links.
2Find a market.
To generate the most traffic, and thus the most revenue, be selective in your target market. While every demographic has its strong points and weak points, studies have shown that younger people are generally more optimistic and more adventurous—and thus likely to click on an advertisement more readily.
Keep in mind that the goal is clicks, not sales: that's what generates your revenue. Once the visitor has clicked out of your site, it's up to the merchant to make the sale. You get paid, regardless of the outcome.
Search the web for trends and ideas for websites, and include the year in your search so that you avoid wasting search results on what was hot in 2006. For example, searching Google for "website ideas 2012" returned nearly a billion results. From there, it's just a matter of combing through to find ideas that pique your interest.
3 Secure a domain.
In the halcyon days of the early 21st century, you could create a business name, and find a domain to match. These days, it's virtually impossible. However, you can be creative with hyphenated names. While "geeks.com" (and .net, .org, even .xxx) is taken, trying something like "website-4-g33ks" instead.
One good way to proceed is to secure a ".com" domain, find a host (many domain registrars will also host sites), and build your own site. This has the advantage of being the most flexible in terms of design and installation of custom code.
Alternately, you can sign up with a service such as Blogger, from Google, or Wordpress—both of which will not only let you put your site name in front of their service name (e.g., geeks.wordpress.com), they will give you that and a website for free. The advantage, aside from that, is that Blogger and Wordpress give you a great number of really well-designed templates to make your site look visually awesome. The downside is that generally takes having a "pro" version (i.e., paid for) before you can do any serious customizing.
5Keep it fresh.
Don't post one or two articles and call it a day. Remember that this is your income stream we're talking about developing, so think of it as your job—part time or full time, you have to devote some time to it every day if you want to see the paychecks come rolling in.
The more you write, the more interest your site will hold. The more interest your site holds, the more people will follow it. and more importantly, the more relevant your site will appear to the ad placement algorithms. More ads = more clicks = more money. Never lose sight of that goal.
Method 2
Start Advertising and Promotion.
Sign up for Google AdSense. AdSense will place ads for goods and services that are relevant to your site's visitors, based on the content of your site. You get paid every time an ad appears on your site, or an ad is clicked on.
You get paid a very small amount for each impression (view) or click. Therefore, the more traffic you generate, the more clicks and impressions you will have, and the more money you will receive.
2 Promote your site. Every time you post, every time you make a change, every time you change a period to an exclamation mark or correct "teh" to "the," let the world know via Twitter, Facebook, Tumblr, LinkedIn, and all the rest of the social media world. The key is to spread the word.
Have accounts on all of the above, and make sure you have prominent links to your website on all of them.
Start an email campaign as well. Once a week, publish a "best of my site" HTML email—frequent enough that people enjoy the content, but not so much that it becomes spammy.
3 Pay attention to your metrics. Find which ads work best, and do more ads and pages like those.
By continually refining your process, each visit will be a higher value for revenue generation. Always remember: the longer they stay, the bigger your paycheck will be. Good luck!