Web Design Beginner

Over the summer, I would like to start an online business. My goal is to eventually make six or more figures a year. I am limited on cash for the start-up however. I have two ideas that I think have a lot of potential. Which idea should I choose?
1. A website where users can submit original songs (with copyright info for protection) & other users can listen, rate, comment, share, & chat with users. Users could also create a main page where they could post info, & find new band members with the band member finder. I would have contests throughout the site for users to enter. I would make money from selling ad space. Joining the site would be free, but if the site becomes big enough, i would add a pro membership where you get extra features. I think this idea is great since there is not much competition other than www.purevolume.com, & it would be a great way for bands, artists, & musicians to promote themselves & get feedback. Who knows, maybe a record label executive might wander around the site & find some hot new act. They could be the next big thing. The only problem with this site is that it would cost me 40-50 thousand to create using a web design firm. I just dont have that kind of money to spend right now. How should I go about creating the site? I have no coding knowledge. Should I hire a coder/designer/developer from elance or something like that? What would that cost? Would it be effective. Should I create the site with dreamweaver or drupal or wordpress?
2. My second idea is a website where users can list, sell, buy, auction, & trade websites. Sign up would be free & a user could list the website with info, & place a snapshot of the site. They would choose to either auction, sell, or trade the site. Once they sell the site, I would take a small 4% fee from the final sale. I would also sell ad space on the site. This site might be easier to build than the music site. However, i got quoted 30-40k to build the site from a web design firm. Again, should I hire someone from elance or something?
Which idea do you think is most profitable? Which idea should I do? How should I go about building the website?
PS. To earn extra money, I am signing up as a dealer for Kaeser & Blair, which sells promotional products to companies (pens, golf tees, merchandise with company logos on them). As a dealer, I sell to my clients, & make 25-50% profit on all sales. Kaeser & Blair takes care of manufactureing & shipping.

I am a web designer & i have spent the last three years learnign html,css,flash,photoshop,imageready & dreamweaver & i have became quite good at these programs but i dont live in usa & i cant find a work in my country . I also tried guru.com & elance.com but they require money so that you can bid on project . I dont have this kind of money right now. so can anyone help me getting my first profissional project so that i can make a profilio & pay for guru vendor membership….. ?????

when i open internet explorer i want a page with things i put on it (like youtube videos & stuff like that) to come up. is there any way to do that without creating a website?
Thanks!
oh & i have a dell computer.

I want to create a website like myspace but don’t know what software to use. I know there is ASP.net, CSS, Ajax & Flex 2.0. I just don’t what software to start with to create this community website.

I’m interested in creating a site for sims custom. And I need to add downloadable files onto the site so that other people can download the custom. The site needs to be free please. So please, if you have any suggestions, please tell me ASAP so that I can start my website straight away.
Thanks alot!
P.S If you create sims 2 custom or lots aswell, please contact me on:
rainbow.sims67@gmail.com thanks!