Starting your own reseller web hosting company can appear to be a very easy way to start making lots of money with little work. Basically, once you get a few customers, the parent hosting company takes care of the actual service, and you just continue to collect the recurring fees.
But, it's an extremely competitive industry, so it's vital that you do research to know what you're getting into. Here is a link to a great Reseller Hosting Guide. The website features copious amounts of information about hosting provider reviews, marketing, daily news and more. Check them out; you'll be happy that you did!