How to start my own web server

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The web hosting thread below was started by sudeep_mansh on 2010-01-27 23:07:36:

Hello,
I have registered a domain and I am paying for that. Now i have decided to maintain my own webserver. I have a static ip with fast broadband internet. I have linux os.

Can anyone please guide me stepwise, about how to do this. After setting up, Can i start a web hosting business?

Thank you
With regards,
Sudeep Manohar

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