Neither. If your only deciding between the two, what do you have the most experience at? Making a server host is a lot harder and expensive than an mc server.
Yes. Starting any company will be very time and money consuming. Most companies fail within the first two years.
If you are lucky you will be making a profit after maybe 6 months. But that is only if you are lucky.
I never recommend anyone to start a server to earn money. Most usually don't. Have a server to have fun with. Money will come if you work hard enough
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