The easy way to make money is reselling. This is where you buy server resources and resell them to other people. By doing this you can get a 100% profit margin in no time.
Things to consider:
It takes a bit of time to understand how to use the control panels
Big companies do not consider small people and often never reply to support tickets
Small companies are better
Try to find a free trial and make enough money off that to start the first paid plan.
There are some good ones around but personally I recommend either http://teamruin.com(There old site was tagged malicious after a nasty shell incident)
See teamruin (branded as Ruin Hosting) are small but cheap. They do also offer some decent upgrades and a Direct admin Control panel.
BEFORE YOU THINK ABOUT REMOVING THIS BECAUSE IT CONTAINS LINKS TO WEBSITES, these are here to help and not hinder MPGH at all.