Haha, umm.... well there really is no guide to running a webhosting company... if there was than I'm sure all companies would be a success. Secondly no offense but this seems like it will become a kiddie host. If you are older I'm sorry but this is how I am interpreting this post.
Anywho... first things first, the server, and fees. You have to go find a reliable hosting company that offers dedicated servers at a reasonable price. Make sure they have a good uptime percentage. The uptime of the company can effect your company too!
2. Client Base:
Go tell your friends, family although I'm sure you won't be getting much money from them. If your hosting is good than word will spread by word of mouth. Advertise some reasonable prices that will neither make you lose profit, and will not cost the end-user to much.
Note: Don't advertise at forums that won't want advertising. This will give your company a bad repuation and will haunt you for the rest of the career.
3. Manage the fees and make sure you aren't loosing money. I know this will be the case within the first year or so, but when the business picks up than you'll be rolling in the cash!
4. After you do the last three things if you are successful, enjoy your time as a successful web hosting company!