Let me layout a few steps for you:

  (a) Register a Domain
  (b) Obtain Domain Hosting
  (c) Download Internet Website Farming Software
  (d) Setup adsense account.
  (e) Expand your farming abilities.

Step A:  Register a Domain
This is the first step you need to take to get started.  Visit GoDaddy.com (be sure to lookup GoDaddy Coupon on Google to knock the price down a bit).  I would recommend going with a cheaper domain like the .info's when they are $1.99 -- otherwise a .com name will work.  Try to only pay $6.95 or less.  When choosing a domain make sure you have in mind what you plan on building.  Unsure what to build?  Since its your first domain you can build something generic to play with.  Try a make believe name if your going generic -- like yahoo or google did -- things that mean nothing but brand over time.  Let's get this step out of the way -- buy that domain.

Step B:  Obtain Hosting
I recommend going with a hosting plan that allows for UNLIMITED SPACE/BANDWIDTH.  I also recommend you search on eBay for "1 year hosting" and obtain a $9.95 package.  This means you can host all of your domains and LiveSite's for just $10 a year instead of paying a monthly fee.  It's decent hosting (up about 97% of the time) and very affordable.   Otherwise spend about $100 a year and get a RESELLER account (which you can also find on eBay) which will allow you to host unlimited domains -- you never have to pay those $10 fees again.  DON'T host with Godaddy -- too expensive.  Now remember, since your bought the hosting seperate -- you will need to log into GoDaddy and change the nameservers over.  If you don't know how then I got a video here that will teach ya: http://www.dewahost.com/tutorials/changedns/godaddychangedns.html .

Step C: Download Internet Website Farming
This is an easy step -- download the Internet Website Farming software of your choice.  Naturally I recommend LiveSite which you can download HERE.  You will need to setup a Profile in the LiveSite software and start building your website before you apply to Google.

Step D: Setup Adsense Account
For those of you who do not already have an adsense account -- set one up.  Visit Google Adsense to get started.  You can also use other contextual companies such as:

 * Clicksor
* TargetPoint
* Adbrite
* BidClix
* Chitika
* AllFeeds
* Adhearus
* AffiliateSensor
* Bidvertiser
* Veoda
* RevenuePilot
* Kanoodle
* Enhance Interactive
* Quigo

Integrate the adsense code, or your advertisers code into the Profile of LiveSite and your all setup!  At this point you have your first FARM built and up and running.  Just run LiveSite after you go to bed and turn it off in the morning and the revenues will start to build as your traffic increases.

Step E:  Expand Your Farming Abilities
Now your not going to make BIG money just farming one acre!  It's time to get crops up and going -- that means registering and setting up hosting on 5-10 domains.  Purchase the domains, setup hosting, build the profiles, and use the 'Crop' Rotation -- in the software its called Project Rotator -- to effortless maintain all the fields each night.  This will build each of your sites while you sleep.  Now when I said EXPAND I mean it -- don't just build one site -- build a series of 3-10 domains each week and add them into your system.  Do you have multiple computers?  Install LiveSite and let them add to the work load!  Have friends with computers?  Have them lend a friendly hand by farming out their computer at night with the work.  This will bring your sites to maturity faster and yield BIG rewards for months to come.

In a nut shell that is Internet farming -- its easy, fast, and profitable.  With minimal effort you can obtain and promote hundreds of domains and let the Internet Farming software handle all the work.

So what are you waiting for?  Start farming.