1. Step 1) Websites are great but what's the point in having a website that doesn't make you any money? Yeah, I don't get it either. The first step in having a profitable website is having a website that offers a good product or service. Do you know alot about cars for example? Then start a website that offers advice on car maintenance.
2. Step 2) Aside from just offering value through the product or service that you have on your website, you can make money on your website through additional means. A good way of doing this is by placing ads from google adsense on your website. You can make a seconday income just by allowing others to click on ads from your website.
3. Step 3) Another great way of making money from your website is writing a small ebook (say 100 pages) and having it for sale on your website. Ebooks sell typically for between $5-$15. This is a great way of making an additional $1,000 a month from your website.
4. Step 4) Another great way of making money on your website is through a blog. This will draw alot more people to your website if it's a blog that is usually updated, and one in which people care to read. I hope this has been a helpful guide on how to make a profitable website. Good luck!