This is a vital lesson that I am sharing with you after missing my business opportunity. I started a website by the name cat-mat-percentile.co.in . I bought the web hosting plan in Rs 2500/- only per annum. ie roughly 50 $ pa.
It was a disaster from the first day. The proprietor was worker manager. There are business barriers in India, and I had wanted to start a open source venture in education which was Google ad supported.
he would not honor his commitments and slowly he manipulated the AW stats reports, they would not display even my test web page views.
So the lesson is that if you buy cheap web hosting space you die a poor man. So if you are going for creating a dot com business have a big heart and buy only from the reputed web hosting companies or die being stalked by the buyable cheap chap.