One of the basics to starting an online business is having your own domain
name. This is the equivalent to choosing a business name in the Brick and Mortar
world.
If you want your website to ever generate any kind of real income forget
about using a free server like GeoCities or Tripod. Those services are great for
personal homepages but if you want to tell your visitors you can't afford $35 or
less for your own domain name don't be surprised when they look elsewhere for a
credible website.
If you already know what domain name you want don't wait, secure it now
before someone else does: