I thought about it when I was 18 years old to create my own server for Minecraft and earn real money. But I have no idea how to do that and what you have to pay attention to. Do I need a small business for that? Which server provider can I use for this? What is the monthly cost if such a server is 24/7 online? What do I need to do everything to organize and manage such a server itself? Where and how can I set up a shop for the server, how does that work with the setup of the shop? How do I have to set up such a shop and then create the money is always on my account? Do I have to pay taxes for it? How can I, for example, Create ranks and the functions of such a rank? How can I then, e.g. Also make boxes where you can win something like Phorx and SkyGuy have? So I imagine the server like Phorx and SkyGuy! What do I need all this for? Can you get advice somewhere?
So a server of 24/7 is online you get on Nitrado. Costs are different but not very high. A webshop for ranks ect. Do you have to create or I would let me create one. Then you have to pay for the domain, etc. With plugins you can create anything (chestopening, bedwars, skywars ect.). The whole thing is very expensive and not worth it. You also have to remember that nobody knows your server first. There's a lot of competition. Unfortunately, if you're not familiar with Yt, you do not have much of a chance, as there's no reason for players to play on your server, since there are all the others. I would let it, but if that's your big dream, I do not want to talk it out. Achja Skyguy and Phorx are cheaters who want to pull money out of your pockets like you and me…
… So in my opinion you should rather keep your hands off them!
So there are many providers for servers
Partly also for free
With plugins you give the server then the game mode. You can download plugins everywhere.
You can then earn real money by selling ranks or something.
You can then create the ranks using PermissionEx, PowerRanks or other plugins.
Achso, for a server provider, I could recommend Aternos. The only clue would be that the server runs out after 10 minutes if no players are online.
There's also a selection of plugins that you do not need to download, but can be downloaded to the server. I personally use too.